UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: 2old4bs Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75871  
Subject: 'Real' Inflation Numbers Date: 5/24/2004 8:47 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
In sifting thru some papers of a deceased relative I ran across a monthly budget prepared by the City of New York, Department of Welfare. It was prepared in March of 1943 (aside--the printed postmark on the envelope is stamped “Buy War Savings Bonds and Stamps). This budget was for a family of 4 (2 parents, 2 kids). I found it interesting to see some 'real' numbers from 60 years ago to illuminate some of the actual effects of inflation:

Food $39.10
Shelter (rent) 18.00
Cooking fuel 2.00
Heating fuel 7.80
Electricity 1.40
Clothing 7.80
Household .80
Personal 1.40

Total $78.30

Cross-posted to LBYM and Retire Early Boards…

Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Value Hounds

My Big Fat Greek Splat
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.