What's interesting is if you look at percentage household spending, food and healthcare are really the only recurring ones that are not trending downward:
- housing - trending downward when not attempting to live in dense urban area (i.e. prefab modular homes)
- energy - trending downward once renewables and battery technology catch up
- transportation - trending downward when looking at non-luxury cars as well as on demand (Uber, etc.) and electric cars powered by renewables
- childcare/education - trending downward when combined with homeschooling and MOOCs like Coursera, Udacity)
- clothes - trending downward when you focus on store brands
- entertainment - trending downward (Youtube)
What happens if you could build an automated machine that you owned that farmed for you in your backyard and its cost trended downward?
Then really the only cost that needs to be managed is healthcare.
- housing - trending downward when not attempting to live in dense urban area (i.e. prefab modular homes)
- energy - trending downward once renewables and battery technology catch up
- transportation - trending downward when looking at non-luxury cars as well as on demand (Uber, etc.) and electric cars powered by renewables
- childcare/education - trending downward when combined with homeschooling and MOOCs like Coursera, Udacity)
- clothes - trending downward when you focus on store brands
- entertainment - trending downward (Youtube)
What happens if you could build an automated machine that you owned that farmed for you in your backyard and its cost trended downward?
Then really the only cost that needs to be managed is healthcare.