25 Money Rules That Made One Paycheck Enough in The 1950s
25 Money Rules That Made One Paycheck Enough in The 1950s In 1955, in a brand-new ranch house outside Columbus, Ohio, a steelworker named Frank bought a home, raised three children, ran a car, and put money in the bank — on one paycheck of about ninety dollars a week. His wife never worked a paying job a day in her life. Not because they were rich. Not because things were cheap. Not because of some secret the rest of us lost. Because that one paycheck was governed by a set of money rules so strict, and so completely forgotten, that today two incomes can barely do what his one income did. Resources: Article – Was America Affordable 1955 https://internationalliving.com/was-a... Data – Survey of Consumer Finances 1955 https://dx.doi.org/10.3886/icpsr03600.v1 PDF – Household Food Consumption Survey 1955 https://www.ars.usda.gov/ARSUserFiles... Archive – Household food consumption 1955 report https://archive.org/details/CAT10516049 Data – Steel wages and prices 1897–1976 http://jwissandsons.com/1910s/bar-ste... Article – Cost of living 70 years https://margolisbloom.com/planning-fo... "Copyright Disclaimer" Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, education or personal use tips the balance in favor of fair use.
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