As the economy has grown stronger and wages have inched up, the cost of living has outpaced wage growth, basically wiping out any gains. It’s growing more difficult by the year to maintain a middle class lifestyle, but thanks to the sharing economy it is possible to still have nice experiences without having to own any of the ‘stuff’ necessary to do it. Apps and tech have made the sharing economy wildly popular. Learn more about the sharing economy from the infographic below.
Equities Contributor: Maggie Kimberl
Source: Equities News