“It’s very simple: Money is freedom—the freedom to spend your time as you choose. The more disposable income you have—the more freedom you have when it comes to how to spend your time. ‘Lifestyle Shrinkage’ is the Great Depression of our generation. This subtle yet growing phenomenon boils down to one simple thing: Shrinking disposable income.”

Madeline Greene

 

“Lifestyle Shrinkage” is a very real problem and it is going to get much worse in the coming years. What causes Lifestyle Shrinkage? A number of factors contribute to this growing epidemic, including:

• Rising Energy/Food Costs

• Stagnant Wage Growth

• Outsourcing

• Job Flight

• Globalization

• Rising Healthcare/Health Insurance Expenses

• High Debt on Personal, Business, and Government Levels