The Nightmare Cost of the American Dream

Well this will make you want to throw in the towel. I found this article in USA today. The American Dream - the belief that with hard work, you can achieve success and provide a better life for your kids - may be inspiring, but in real-life terms, it's also super-expensive.

A USA Today analysis shows that to actually live the American Dream, complete with owning a home, affording medical care, saving for retirement and taking an annual vacation, the average family of four needs to rake in just over $130,000 a year. (And that's assuming you only have one car.)

Only around one in eight households earned $130,000 or more in 2013. The median household income last year was $51,000.



About the Author...
Gina Melton
Catch Gina with her friend Steve Lundy mornings on Kat 103.
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