Contact Us
Make My Homepage

How Much Does The American Dream Cost? [VIDEO]

African American family in front of house and sold sign
iStock

Is the American Dream becoming out of reach for the average family? The belief that with hard work and the freedom to choose your destiny is a centerpiece of American life. But for a lot of people, especially in this area, achieving the American Dream is more and more difficult, according to a new book titled, Chasing the American Dream, written by Mark Robert Rank, Thomas A. Hirschl and Kirk A Foster.

Home ownership is central to the American Dream. When the price of a home with a 30-year mortgage is added to the cost of all your taxes, owning vehicles and paying everything from utilities, cellphones, groceries, insurance, clothing, out-of-pocket expenses on everyday items, the whopping total comes to about $130,000 and more to pay the price tag of the American Dream.

With that in mind, is the American Dream costing you so much that it’s becoming out of reach? What can be done to bring that cost back into control? Many analysts are saying quietly that the American Dream is something only a small number of families can accomplish. Do you have any recommendations?

Best of WBSM

Recommended For You

Around the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://wbsm.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for 1420 Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive 1420 Club contests, events, coupons, presales, and much more delivered to you for FREE.