WHERE DID THE MONEY GO?
When your parents were your age they owned their house and you're still renting. You’re probably years from buying, if ever. So where did the
money go? You make more money than your parents, so what’s up
with that?
I calculated over a 60-year lifespan assuming you started paying at 20 and ended at 80
Technology technology technology
LET’S TALK
Dollars and Cents
Here is a snapshot of what you pay for technology-related
expense
Cable $271.00 (Decision Data 2020)
SUBTOTAL 60 yrs...$195,120
Cell phone $114.00 (Money savings.com/18)
SUBTOTAL 60yrs...$82,080.00
Internet $114.00(reviews.ord March 2020)
SUBTOTAL 60yrs.....$82,080.00
Video $112.00 (venturebeat.com 2019)
SUBTOTAL 60yrs.....$80,640.00
----------------------------------------------------
BIG BOX ITEMS
T.V. $10000.00 (one every 6 years)
SUB TOTAL $6000.00
Computers $2000.00 (every 3 years)
SUB TOTAL $40,000.00
Wait for
it! Ta-Da!
That's a TOTAL of $ 491,920
THAT’S YOUR HOUSE and that's why you don't have one!
Cable is the biggest problem!
NEXT QUESTION:
WHERE DID THE TIME GO?
The answer is…wait for it…TECHNOLOGY.
Follow me. The average age is 80 years old. So, let's be really ultra unrealistic and assume that starting at 20 years old you use technology for a total of 60 years
First, I wanted to see how many years technology takes from your life. I found out that, on average people spend 4.5 hours on their phones per day. (vox-recode). Say 5.
If we add that up over a period of 60 years, that’s
11 years off your life!!!!!!
And if you smoke, add another 10 yrs. Eat fast food and drink? Maybe you’ll make it to 50 years old!
