Compared to two years ago, is your financial worth greater or less than it was? We apologize, we know this is a bit of a personal question. If you had to come up with seven brand-new poll questions every week, you might find yourself asking some personal questions too…
The economy has been up and down and up and down over the last two years, and with the pandemic going on now, we could see this poll going in a few different directions. But we’re curious to know, if you’re willing to share…
Thanks for voting. And remember, we never know how you vote (we have absolutely no way of knowing or finding out…) so your votes are always confidential.
Voted as greater financial worth. However, that is based on dollar figures and does not take into account inflation, which, probably renders our state as unchanged.
better off now but just give it a couple of years
Agree with others….believe it is about to change probably not for the good.
net worth has little to do with SS or pension payments. NW is simply what you own (savings, investments, home, cars, etc.) minus what you owe (any and all debt).
I chose “about the same” but in reality, I don’t really know. I only occasionally look at the monthly statements. We are retired so our Social Security only varies with the cost-of-living changes. The rest of our funds are in a small handful of stock accounts the value of which changes, sometimes wildly, on a daily basis. Except for the paid-off-monthly credit card bills we are debt free. We also can get by on a very small annual income. We’ve actually been able to increase the balance in our savings account this year since we did almost no traveling. We often remark that we are indeed lucky to be able to weather this tumultuous time with only a few really minor inconveniences compared to so many other who are truly hurting.
I’m surprised at you RVTravel…how could a poll like that NOT turn political?
Hi, Sink. I don’t do the polls, but it seems that these days almost everything we run turns political. Just sayin’. —Diane at RVtravel.com
Understand…seems anything about ANY situation in people’s lives anymore seems to revolve around what side they’re on…yawn…
The same, when you’re retired finances remain the same, only expenses change. As expenses vary one has to balance the expenses, if one goes up you must bring another down to compensate. Before retirement if one went up I just worked some overtime to cover the expense, retirement doesn’t offer overtime, if gas prices go up I drive less.
Retired from USN and drawing Social Security. I was working full time in a job requiring travel and daily entry into 4 or more businesses for inspections. Then along came Covid! I decided it was time to fully retire. But, vehicles are paid off and only mortgage and related expenses. Good health insurance and a competent financial advisor allowed us to maintain our finances and even continue to contribute to savings, etc. We are blessed.
Ask again in a few months. I think you will find different answers. You can’t have all the social programs without someone paying for it. Nothing is “free”.
I’m retired US Air Force and Retired. My wife still works at our local Air Force Base (although from home right now). We worked hard over the years to pay off everything early, so with no house, car, truck, or rv payments, our expenses generally entail monthly utilities, groceries, and wants & needs.
Yes, but in January, I expect it to change and not in a good way. There is no free lunch, and if you have funds, you are buying.
Very well put, and I couldn’t agree more. By coincidence we are meeting today with our financial advisor to get his opinion on our money for that very same reason.
Greater, we are both still working full time career jobs, pretty much maxing 401k contributions so our principle has not been static the last two years. A bit apples and oranges if we’re comparing to retirees.
Thanks to having a great financial consultant and a Republican in the White House.
The one that created a massive amount of debt for short term gain? Read a variety of news sources to understand the history of markets and that a Republican in the white house does not matter. He rode a wave created before him, spurred it with more debt, and lost control when no leadership was summoned internally to fight a virus…which is the economy.
One trolled. One bit.
There’s always a troll
But there’s also someone with a negative comment who happens to have a different take on life – as he believes in the give away programs of the big “D” which seems to be taking control of this country.
I agree with you Dave.
Ok boys and girls the politics stay at home not here, that want the question in the poll.
And my investments are up by nearly 30% since May of 2020, who can I thank for that? And within the last 30 or so years name 1 party that has reduced spending and printing more money, how did quantitative easing work out?
In 1992 I sat in the House Gallery listening to the fools in Washington debate NAFTA and wondered why it was in our countries best interest to ship jobs out? To Quote Ross Perot “the great sucking sound going south”. By the way it was signed by Clinton in 1993 with bipartisan support.
Not trying to start any no-win debate, but google “Republican Presidents and Recession”. You may find it interesting.