PebHmong Discussion Forum
General Category => General Discussion => Topic started by: theking on December 03, 2022, 01:05:52 AM
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'You should be terrified': A TikToker went viral for explaining why anyone in the US making less than $25/hour is in serious trouble. He has a point. But you can prove him wrong
As if we don’t have enough to worry about. A recession looks more and more likely, lasting through most of 2023. Inflation is rising, along with interest rates, and more and more Americans continue to find themselves in dire financial straits.
But according to financial TikTok influencer Ryan Halbert, it’s only going to get worse. If you’re making less than $25 an hour, in fact, he says “you should be terrified.”
In a video that quickly went viral, Halbert broke down the average cost of living in America. And it certainly is terrifying. After putting together all the typical essentials, like rent, groceries, gas and water, the total average cost came to $3,285.37 per month.