NIFE

Lifestyle Inflation

 

Isn't it amazing, that we feel like we are working so hard for less.  Yet, we've said before that the richest man in the world couldn't afford air conditioning.  Who was that?  It was Getty, but air conditioning wasn't invented in his life time.  We take it for granted now.  It would take us 8 months of work to afford the same material goods in 1950, versus less than 2 months today.

Remember, the two industries that cost more today, than in 1950, are Healthcare and Education.  It might pay to focus in the future on how you can better align with those two industries.  Cost may come down, but if you have to choose between a new refrigerator and an appendectomy I would guess the debate will end quickly as to how you'll spend your money.  Same with education, the cost of ignorance is getting steeper, and as Benjamin Franklin says:  "An investment in Education pays the greatest interest."

Do you have Thousands waiting for you?

I did a little research and found this site:  www.unclaimed.org.

It is a national site where I could search for claims by state.  A friend of mine searched his name, and company name and it confirmed that he did in fact have money from a 1999 personal tax refund, and 1998 insurance claim, a 2000 surety bond refund, a 2003 phone bill credit, and other misc.

Good news can be hard to come by these days, if 10 of your 100 clients had a few hundred dollars, or a few thousand, you've got a great story for them to tell about you.