Gone are the days when $50,000 would be considered a “fortune” and death at 60 would be considered a long life, but the principles of hard work and frugalness never go out of style!
St. Louis Post-Dispatch
(St. Louis, Missouri)
10 Jul 1926, Sat • Main Edition • Page 2
1, 2, 3 Finance Basics for the Millennials, By the Millennials
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Interesting article! I went to the CPI calculator to see how much $50,000 in 1926 would be worth today. It looks like it’s the equivalent of $682,000 – that must have been a huge amount for a woman of that time. And the $20 for her sister would be worth $272. I wonder what her sister did to make her do that?
That is a good question regarding the sister. I can only assume there was some bad blood between them.