Walmart in its last earnings call says one of the fastest growing groups shopping in its stores is households earning over $150K.That matters because Walmart has traditionally served lower and middle income shoppers.Inflation changed consumer behavior. Even high earners are trying to stretch their money further as housing, groceries, insurance, debt, and childcare costs rise.This is called “trading down”:people who once shopped at premium retailers are choosing lower cost options without lowering their standard of living.When even six figure households prioritize discounts and value, it signals broad financial pressure across the economy. How are you personally doing? Please share your experience.
>>62267067Nice try IRS.
>>62267074Bro, where is this from?
>>62267075Denounce the talmud, and I will tell you.
>>62267067My dad gave me money for groceries. I spent $15 for a bag of frozen berries. Im 30 and stop trying to look for work. I feel lost and my debts are spiraling out of control.
>>62267067Not American, but I’m a high earner and fall within the same pattern. The prices at premium supermarkets have become ridiculous, and even though I can pay (there is no "pressure" per se), I would be wasting money like an idiot by spending 80% or 100% more for the exact same articles at a premium supermarket, compared to the lower-cost retailers.So even though I still do light shopping at the premium shops, I regularly go at the local equivalent of Walmart, where the choice is are also much larger anyway, to save money on the "big shopping". Then I can invest what I don’t spend, or afford reasonable little luxuries (like a very expensive box of chocolates once a month, getting my dick sucked by an escort, etc.).Thanks for reading my blog.
>>62267067this is just another way of saying $150k households are no longer high earnerswhich /biz/ has been saying for a decade now.$150k per year is going entirely to the mortgage and health insurance. Those guys are just as broke as the people on welfare.
lol when you hit the $10k a month number grocery prices stop mattering, at least that’s what happened to me, such a small part of my budget it doesn’t matter
>>62267112Why berries? Whatever, just let your dad help you. Where do you shop now?
>>62267126They don’t matter that much but I don’t like being played for a fool.
Me and the wife make 380k combined and we shop at aldi mostly because Walmart is overpriced and has shit awful traffic
>>62267115Sounds good. Premium stores are only good for specific items you are looking for. It’s crazy how all these people need start shopping at Wal Mart which clearly means they shouldn’t have been shopping at Whole Foods or wherever. During the GFC, many many luxury vehicles hit the used market too. According to Robert Rich Dad, 90% of people live lifestyles they cannot afford. The American average salary is $65k. Yet a lot of cars on the roads are $65k and up. Only 2.5% of Americans have 1m, excluding a primary home. This means almost every one of these luxury car owners are driving a car worth more than 1:10th their networth. Lmao.
>>62267144Krogers. It was the 'private selection" brand to be fair. Ya he gets social security. I dont even eat much anyways.
>>62267126Isn’t that just $120k a year?I am going to assume the people that had to start shopping at Wal Mart also live in nice neighborhoods with mortgage and debt and etc. Lemme guess, you don’t live somewhere with hcol?
>>62267067>That matters because Walmart has traditionally served lower and middle income shoppers.Who does serve them now?
>>62267119This means $150k is middle class AT BEST. This means the majority of people live a debt based lifestyle. Every thing they buy is just to pretend they live an “upper class” live.
>>62267119> this is just another way of saying $150k households are no longer high earners$150k earners living $300k earner lifestyles. See>>62267158Imagine driving multiple vehicles worth more than 20% of your entire networth. That’s what these cattle are like.
>>62267173Dollar stores
>>62267158When serious inflation started to appear around the end of covid, it was more of a wake-up call that made me realize I had been spending too much on groceries for no reason at all. It made me more efficient in my shopping with zero negative impact on my quality of life.Re cars, I don’t have one. Money pit that’s not necessary at all, and a large part of my savings/investments come from my stubborn refusal to spend 1k per month on some kind of "high status" Mercedes or BMW car, like everybody around me does. Month after month, year after year, this snowballs into a rather comfortable portfolio. Also no expensive vacations ever. At this point I have more savings than my own boss (he told me his net worth when he was drunk one day), and he’s a super high earner. But he’s exceedingly wasteful, living almost like a billionaire while "only" making a few millions.
>>62267239>carsOnly rich people should be buying brand new luxury vehicles. This means like only 1% of the American population. > I don’t have one. Money pit that’s not necessary at all, and a large part of my savings/investments come from my stubborn refusal to spend 1k per month on some kind of "high status" Mercedes or BMW car, I think this is because you cannot afford one comfortably. Parents just spent like $5000 for me to get new tires for my Lexus and other maintenance. THIS JUST IN>61% of Americans said they had to cut back on groceries.
>>62267239> Also no expensive vacations ever. Why? I went on many vacations when I was a kid paid for by parents. Less now. Is your income not high enough?
>>62267308My parents already have a Mediterranean vacation home. I’m using it for free, while people unironically spend 2k per week for similar housing in the same city. So yes, I’m kind of cheating, but I certainly wouldn’t pay 2k per week for this, nor for any other vacation. That’s like 10k saved at the end of the year, 100k after ten years. It all adds up.
>>62267338I guess. But a car no matter how luxury for normal city usage is only 200k max. Outside $200k and you stand out and it is an actual sports car.
This iphone nigger has like 5 threads on the catalog that are just variations of this
