return2ozma@lemmy.world to News@lemmy.world · 2 years ago54% of young Americans say food costs are the biggest strain on their financeswww.cnbc.comexternal-linkmessage-square170linkfedilinkarrow-up1662arrow-down19
arrow-up1653arrow-down1external-link54% of young Americans say food costs are the biggest strain on their financeswww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 2 years agomessage-square170linkfedilink
minus-squareStaySquared@lemm.eeBannedlinkfedilinkarrow-up11arrow-down2·edit-22 years agoRemoved by mod
minus-squareironhydroxide@sh.itjust.workslinkfedilinkEnglisharrow-up12arrow-down1·2 years agoHonestly, if food was as much as mortgage, that’s not too bad. It’s bad when those combined are more than 3/4 the average income. The real problem is pay is extremely low for the productivity.
minus-squarecybersandwich@lemmy.worldlinkfedilinkarrow-up9arrow-down1·edit-21 year agodeleted by creator
minus-squareTubularTittyFrog@lemmy.worldlinkfedilinkarrow-up10arrow-down2·2 years agoMy total food bill is almost a $1000. I’m single and live in a city. 65% of it is groceries. Nothing fancy. It costs me $150 a week for the basics. Veggies, few lbs of meat, dairy etc. Could I cut back and only eat rice and canned/frozen foods? Yes. But I want to eat good fresh food. I drop about $50 in produce a week alone.
minus-squarebhmnscmm@lemmy.worldlinkfedilinkarrow-up2arrow-down1·2 years agoSo you spend $400/month on restaurants? $150 x 4 = $600/month.
minus-squareThreeme2189@lemmy.worldlinkfedilinkarrow-up6·2 years agoThat lines up with the ‘65% of it is groceries’ part. 35% of almost $1000 is a bit shy of $350. That’s a lot of take out.
minus-squarekalpol@lemm.eelinkfedilinkarrow-up1·2 years agoThat’s eating out like every other day. I eat out maybe every other week.
minus-squareinset@lemmy.todaylinkfedilinkEnglisharrow-up6·2 years agoIt’s crazy. I’m spending like 500-800 max and I’m not really tryharding. No idea how anybody can spend like 3k and complain about how the whole system is wrong.
minus-squareTubularTittyFrog@lemmy.worldlinkfedilinkarrow-up3arrow-down2·2 years agothey have kids and/or buying prepared foods/takeout
minus-squarejaybone@lemmy.worldlinkfedilinkarrow-up6arrow-down1·2 years agoAll that avocado toast shakes fist
minus-squareStaySquared@lemm.eeBannedlinkfedilinkarrow-up2arrow-down2·edit-22 years agoRemoved by mod
minus-squarebhmnscmm@lemmy.worldlinkfedilinkarrow-up6arrow-down2·2 years agoAssuming you’re in the US, that’s either a really cheap mortgage or a huge family. Where are you seeing grocery expenses exceed mortgage payments?
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Honestly, if food was as much as mortgage, that’s not too bad. It’s bad when those combined are more than 3/4 the average income.
The real problem is pay is extremely low for the productivity.
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My total food bill is almost a $1000. I’m single and live in a city.
65% of it is groceries. Nothing fancy. It costs me $150 a week for the basics. Veggies, few lbs of meat, dairy etc.
Could I cut back and only eat rice and canned/frozen foods? Yes. But I want to eat good fresh food. I drop about $50 in produce a week alone.
So you spend $400/month on restaurants?
$150 x 4 = $600/month.
That lines up with the ‘65% of it is groceries’ part. 35% of almost $1000 is a bit shy of $350.
That’s a lot of take out.
That’s eating out like every other day. I eat out maybe every other week.
It’s crazy. I’m spending like 500-800 max and I’m not really tryharding. No idea how anybody can spend like 3k and complain about how the whole system is wrong.
Maybe op has 16 kids?
they have kids and/or buying prepared foods/takeout
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All that avocado toast shakes fist
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Assuming you’re in the US, that’s either a really cheap mortgage or a huge family. Where are you seeing grocery expenses exceed mortgage payments?