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Why Is Life So Expensive?

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Why Is Life So Expensive?
Why does life cost so much money? Raising children, going to college, even eating out at a restaurant breaks the bank. We sat down with "America's Money Answers Man", Jordan Goodman, to look at the increase in cost of living that has happened in the U.S., why prices are as high as they are, and investigate the tactics that are supposed to save us money. You might also like to look at All About Debt, Mortgage Problems, Understanding Tax

Questions Answered by our Experts

Jordan Goodman
Jordan Goodman-Personal Finance Author
Meet the Expert 
Why Is Everything So Expensive? 
  1. Jordan Goodman
  2. Why is life so expensive? 
  3. Why are things so expensive? 
  4. How much is the cost of living expected to go up in the coming years? 
  5. My family works two jobs each and we still can't afford anything,why? 
  6. Where does all my hard earned money go? 
  7. Why are houses so expensive? 
  8. Why does food cost so much? 
  9. Do most Americans live beyond their means? 
  10. Which American cities have the highest cost of living? 
  11. Shouldn't personal income adjust to meet the demand of the market? 
  12. Would my family be better off moving to a small town? 
  13. We're expecting our first child, how much is that going to cost? 
  14. How much of my expenses should I cut to see a difference? 
High Gas Prices 
  1. Jordan Goodman
  2. Why is gas so expensive? 
  3. Why aren't gas prices regulated? 
  4. Do Americans get gas cheap? 
  5. What happened to the oil glut we were supposed to get from Iraq? 
The Truth About Taxes 
  1. Jordan Goodman
  2. How many taxes does the average American pay? 
  3. How much of my earned income does the government take? 
  4. What does the government do with my money? 
  5. Which state has the highest taxes? 
  6. Is the income tax unconstitutional? 
  7. Is there a law that says I have to pay my income tax? 
  8. How many days do I have to work to pay my taxes? 
  9. Didn't we fight the Revolutionary War so that we wouldn't have to pay taxes? 
  10. What would Thomas Jefferson say about our current tax system? 
  11. Why do poor people pay a higher percentage of their income in taxes than rich people? 
The Downward Dollar 
  1. Jordan Goodman
  2. What effect does the value of the dollar have on my personal finances? 
  3. Is the dollar going to collapse? 
  4. Why does the Federal Reserve continue to print money? 
  5. Is there enough money in circulation to pay off the national debt? 
  6. What is the standard that determines the value of the dollar? 
  7. What can be done to help revive the dollar? 
  8. What effect does the Iraq War have on the value of the dollar? 
  9. Is the volatile stock market a result of the plunging dollar? 
Non-Negotiable Expenses 
  1. Jordan Goodman
  2. What are the fixed costs of an average family? 
  3. Why do transportation costs vary in different areas? 
  4. Why do public utilities costs vary in different areas? 
  5. How expensive is insurance? 
  6. On average, what percentage of income is devoted to mortgage? 
  7. Why is health care so expensive? 
The Sub-Prime Mortgage Crisis 
  1. Jordan Goodman
  2. How is the sub-prime mortgage crisis affecting the economy? 
  3. Why did banks give mortgages to people who couldn't afford them? 
  4. How does the sub-prime mortgage crisis affect the average American? 
Wal-Mart: The Cost Of Low Prices 
  1. Jordan Goodman
  2. How can Wal-Mart sell so cheap? 
  3. What effect does Wal-Mart have on the small businesses? 
  4. What effect does Wal-Mart have as a business model? 
  5. Are Wal-Mart's low prices always a good thing for the US? 
  6. What effect does the low cost of labor in China have on my bank account? 
The Price Of Debt 
  1. Jordan Goodman
  2. How much do most Americans owe? 
  3. Will I always have debt? 
  4. Is is possible to live debt-free in the US these days? 

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