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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!

Posted in Uncategorized | 3 Comments »

3 Responses to “Of Taxes and Groceries”

  1. Homebody Says:
    August 28th, 2012 at 06:26 pm 1346178364
    1346178364

    Yes things are scary.

  2. snafu Says:
    August 29th, 2012 at 01:48 am 1346204919
    1346204919

    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:
    September 2nd, 2012 at 04:56 pm 1346605007
    1346605007

    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.
    Jerry

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