Hitting the Financial Precipice
ARE WE THERE YET?
Seems like a good bulk of the US population is approaching the financial precipice. Been reading how health insurance (for people lucky enough to enjoy) have increased 3-5 fold with employers in 2024. The cost of everything becoming prohibitive. Massive layoffs. The media adds salt to the wound by touting strong metrics.
Painful awakening for many.
I don't know about how much our premiums will be as my husband's health insurance is almost completely funded by the company, but I do know this year is looking bad for actual production. 6 days work in Jan. Probably 6 days or less in Feb. How does one pay bills and feed a family with basically no income? His second job employer still owes him over 13k from last years work and a supposed bonus (which he will likely never get). Last year they worked 6 days a month until July before things picked up. I expect worse this year.