😞 Joe Smith was the 1995 NBA's top pick. During his 16-year career, he played for 12 teams. His NBA career ended in 2011. Seven years later, Smith admitted to living paycheck-to-paycheck. Only $18,000,000 of $61,000,000 went to him due to taxes, agent fees, and management fees. Smith's spending and expensive divorce were bigger issues. Playing 12 teams seemed easy. Unfortunately, every trade required new house purchases, and he lost money selling them. Joe is one of countless people that lost it all and probably not the last.
THE COST OF THE AMERICAN DREAM HAS EXPLODED.
Owning a home.
Buying groceries.
Driving to work.
Paying insurance.
Even your morning coffee.
Nearly every major household expense costs dramatically more than it did just a few years ago.
Over the last 7 years:
• Coffee: +127%
• Home prices: +60%
• Auto insurance: +51%
• Gasoline: +49%
• Electricity: +44%
• Shelter: +35%
• Groceries: +33%
And that's before paying for healthcare, transportation, or eating out.
This is why so many families feel like they're falling behind even when they get a raise.
The biggest financial problem for millions of Americans is that everything is going up at the same time, while the government keeps showing a 2% inflation target.
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Biohacker Bryan Johnson claimed he cloned himself as a newborn for the purpose of providing him blood and cells.