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Of Taxes and Groceries

August 28th, 2012 at 08:30 am

I guess everyone here is feeling the sting of rising grocery prices. Gas is going up again. Sigh!

School and property tax went up. Several other taxes went up. Interest on savings is a joke. I don't feel good about the future!

3 Responses to “Of Taxes and Groceries”

  1. Homebody Says:

    Yes things are scary.

  2. snafu Says:

    The price of gas goes up & down in response to conditions as does the cost of food. Corn is included in nearly all convenience foods with mono, di, triglycerides, gold color, MSG, ascorbic acid,citric acid, sorbitol, lecithin and that crop is abysmal this year.

    It will take changes, adjustments and flexibility to stay within budget. If you wish to increase return on savings it will take some level of risk. Have you considered that leaving sums in savings accounts is the biggest risk since the increase in costs you mentioned significantly reduces buying power. On the other hand, those who have mortgages under 4% are t-h-r-i-l-l-ed.

  3. Jerry Says:

    It really is scary in the States right now. We have been living overseas for the past 4 years and were looking to head home next year, but now we are not so sure whether it would lead to serious problems financially. I agree with snafu that flexibility and adjustments are going to be the only insurance that one can get through the tough times and stay on budget.

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