I understand not everyone can afford to gamble $25 a week but it’s not really the difference between eating ramen and eating steak. It’s more like the difference between eating ramen and eating rice. It’s not going to improve your life dramatically, your health is still going to suffer and it’s not going to cover the cost of preventative care in the US.
$25 a week on groceries in 1997 is around $50 today based on currency inflation, not even accounting for purchasing power. That could easily make the difference between a nutritious diet and one that leads to chronic health conditions for people living paycheck to paycheck. In 1997, the average weekly expenditure on food per person in the US was $34. You could probably have survived off of $15/wk for food back then and maybe find an extra 2-3hr of minimum wage to meet your $25 investment, but it wouldn’t have been pretty.
Fun fact, a $25 steak today in the US cost about $8.50 in 1997.
I understand not everyone can afford to gamble $25 a week but it’s not really the difference between eating ramen and eating steak. It’s more like the difference between eating ramen and eating rice. It’s not going to improve your life dramatically, your health is still going to suffer and it’s not going to cover the cost of preventative care in the US.
$25 a week on groceries in 1997 is around $50 today based on currency inflation, not even accounting for purchasing power. That could easily make the difference between a nutritious diet and one that leads to chronic health conditions for people living paycheck to paycheck. In 1997, the average weekly expenditure on food per person in the US was $34. You could probably have survived off of $15/wk for food back then and maybe find an extra 2-3hr of minimum wage to meet your $25 investment, but it wouldn’t have been pretty.
Fun fact, a $25 steak today in the US cost about $8.50 in 1997.
The key lesson here is that anyone can find $25 / month to waste on WebVan stock.