The Convenience Economy Is Making You Poorer | Sequel Sunday

OCT 5, 202634 MIN

Description

Text the show! Too Much Month at the End of the Money: How the Convenience Economy Is Draining Your Paycheck Are you tired of having too much month left at the end of the money? You're not imagining it. Housing, insurance and groceries really are more expensive, and those are real structural problems. But that's not what you feel every day. What you feel every day is your money disappearing faster than it used to, through thousands of little fees, price hikes, markups and subscriptions that nobody ever adds up. Chad Law breaks down what we pay today that our parents never did, from eight streaming bills to the "zero-dollar delivery fee" that's one line on a receipt with five. He takes apart this month's coverage from Fortune, FinanceBuzz, Reason and Thred, and names who built a price you can't see all at once, and why. Then he follows one young worker's money through a single month and hands her the receipt nobody ever sends. Chad also introduces a three-question tool you can use the next time you tap "buy": Show Me the Total. What does it cost at the counter? What's the total on the screen? Would I still buy it if it took a little more effort? We've bought back more time than ever. But we've overpaid for it. CHAPTERS 0:00 Too much month left at the end of the money 1:30 What we pay that our parents never did 3:30 The zero on your screen is an offer, not a price 4:25 Fortune and the dollar that won't stretch 5:30 Meet Kayla, and the Show Me the Total test 7:25 The complaint is real: inside the Convenience Economy survey 9:50 Nobody gasps at the price of milk 13:45 You invented cable: the $139 streaming bill 17:30 Five lines on a delivery receipt 22:15 The car that charges you to steer itself 23:35 Seattle went after the wrong price 26:15 What's the trade actually worth? 28:50 $87 an hour to sit on the couch 30:55 Kayla's receipt 32:15 You don't hate capitalism, you hate not adding it up MORE FROM CHAD Everything is at chadparkerlaw.com Got a question, an argument, or think Chad got it dead wrong? Text 252-CHAD-LAW Books: The Commonsense Conservative Manifesto and The Price of Progress, both at chadparkerlaw.com Sign up free for the Gaily News, the best stories in media verified, vetted and validated twice a day, at chadparkerlaw.com #CommonSense #ChadLaw #ConvenienceEconomy #Affordability #CostOfLiving #Inflation #Streaming #CordCutting #DoorDash #Instacart #HiddenFees #JunkFees #Subscriptions #PersonalFinance #GenZ #Millennials #Conservative #PoliticalCommentary