..yawned.
We haven’t seen an 8.5% inflation rate since 1981.
[For the record, I’m not insensitive to the fact that for people like single moms working two jobs, a 8.5% inflation is pretty freaking terrible.]
But for the people in our Financial Zen Community, we’re blessed enough to… make like the market and yawn.
Sure, your Sunday bacon will cost you 26% more than it did a year ago, but how much bacon can you eat?
Gas is nearly $6/gallon, but we’re still not commuting to work everyday.
Mortgage rates are up to 4.5%, but most of us refinanced and locked in a 3% rate over the last two years.
On the plus side, if you’re working in Big Tech, you’re average OTE is now $300,000+.
If you’re retired and invested in bonds, you’re replenishing your bond ladder with yields higher than we’ve seen in 14 years.
So let’s say a prayer for those that inflation is really affecting and give thanks that we’re lucky enough to have our biggest worry be how much those sizzling slices of heaven are gonna cost on Sunday.
