Congrats! Do not listen to everyone saying “continue to live like you are making $60k.” Most are likely Reddit optimization nerds without kids or a wife. Instead, save and invest a reasonable amount (since you don’t have any high interest debt to pay off) and use the money for low-cost, high-impact quality of life increases. Prioritize safety, health, and mental well being.

This does not mean nice clothes or flashier cars. This means moving from an unsafe area to a safe area. This means getting higher quality food for your child. This means getting a babysitter so you and a significant other can have some time together. This means getting a housekeeper. This means getting a gym membership. This means finally getting that weird pain in your back checked out by a doctor.

Congrats on the step up, now you can use it wisely to increase your quality of life substantially.

The feds monetary policy and federal spending bills have nothing to do with each other. The Fed is a private institution not controlled by government policy. Spending bills impact inflation in different ways, generally more spending is correlated with inflation. For example, spendy fiscal policy increases M2 velocity which correlates to a slight uptick in CPI.

E: to address the “if you educate yourself” comment I have a masters in this stuff and was taught by one of the preeminent monetary theorists in the world so hopefully that covers it.

I’m not sure why you’re being downvoted. It has never been a political issue policy to say that both fiscal and monetary policy have both impacted inflation rates.

I recommend you touch grass.