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A comment on US inflation means families are spending $709 more per month than two years ago. Parent comment

Re:US inflation means families are spending $709 more per mo... by Waterluvian on Sunday August 13, 2023 @04:01PM (#37113793)
How you divide up your money isn’t really interesting. Yes, do the math.

What’s interesting is the idea that some people take on a lifestyle based on their income and they leave themselves no flexibility.

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Re:US inflation means families are spending $709 more per mo... by Enginerrrd on Sunday August 13, 2023 @04:55PM (#37114367)
I agree that people generally seem to lack a decent intuitive understanding of risk. They only look at the current state of affairs, and the upside of the bell curve. They don't seem to remember or factor in the likely potential negative side of those distributions and adjust their planning for better resilience.
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