When you’re in the active workforce, inflation can hit differently. Your money still loses purchasing power, yet you always have the chance to earn more as you develop yourself professionally.
But now imagine you’re a senior on a fixed Social Security benefit. You’re in a nursing home, so your prospects to earn money are slim to none. Now consider how tough it would be when your fixed benefit was less and less in the grand scheme.
This story by First Coast News shows how one senior laments that nursing home residents like herself have been all but forgotten about by politicians. While her benefit covers her care, it leaves her with a mere $130 for her phone bill, as well as monthly food and hygiene items that she is required to cover. Could you make it on this?
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