Prices are Rising, Now What?
By Catty Cook
@baguiojade (373)
United States
January 4, 2023 3:47pm CST
Different weather patterns happening all around us, bomb cyclone is the biggest news maker so far, aside from political things, and yes, gas prices will be rising to as high as $7 a gal. Wow! Prices of commodities are following.
So, what have you thought of, so you won't feel the impact, if not a great one in your pocket and bank account?
You ask me, what will I personally do?
First, I'm planning to put things in writing and think of ways of not to hurt my bank account and at the same time make things happen.
So, one of my plans is, grow my own veggies and some fruits, the ones I often use in the kitchen (tomatoes, onion, garlic, ginger, potatoes, lemon, avocado). Plant them in raised garden beds.
We don't have an acre of a land but will maximize our small yard to be able to accommodate these veggies and fruits.
Will also be making inventories of what we have in the fridge, so we don't buy and double or triple what we already have.
Clothes will not be bought as long as they are still good, looks and smells good too.
So, yeah, this is the initial steps we will be taking being aware of prices going up.
I wonder if you would or are already considering buying in bulk to save money while prices are still affordable.
5 people like this
5 responses
@kaylachan (69712)
• Daytona Beach, Florida
4 Jan 23
We've been planning for my husband's retirement for a good year and a half prior to his finally leaving his job on December 10th, 2022. We might not have much control of the rise in prices, but since we're both down to a once-a-month fixed income, we know where to make the dollar stretch. We have a food card provided to me by my insurance company. So we use that for groceries and shop at places that accept it.
2 people like this
@baguiojade (373)
• United States
5 Jan 23
Would you also consider using coupons or just the food card provided by your insurance company?
Would they permit that?
1 person likes this
@kaylachan (69712)
• Daytona Beach, Florida
5 Jan 23
@baguiojade They would, if there was a coupon for something we actually use. But, there usually isn't.
1 person likes this
@Deepizzaguy (102848)
• Lake Charles, Louisiana
4 Jan 23
My relatives and myself are buying items in bulk to save money and have food inside of the home for the time being.
2 people like this
@baguiojade (373)
• United States
5 Jan 23
I wonder if coupons could be used when buying in bulk?
What about planting your often used veggies or fruits, would you consider planting once it's Spring?
1 person likes this
@Deepizzaguy (102848)
• Lake Charles, Louisiana
5 Jan 23
@baguiojade I have thought about it but I have no skills of growing my own food. I guess coupons could be used in buying food in bulk.
@RebeccasFarm (89882)
• Arvada, Colorado
5 Jan 23
Well I am buying rice and things like that..staples.
I am not having money in the bank either.
1 person likes this
@baguiojade (373)
• United States
5 Jan 23
I mentioned to another responder, Marie Coyle, about having extra toiletries.
Would also consider having extra of those too?
@porwest (90876)
• United States
11 Jan 23
I am simply always working on creating my own economy. I know that sounds weird, but when you think about it, it works.
I have invested heavily for 30+ years. Money makes money. I save on the things I need so I can afford the things I want. Including being able to add to my investments which make me more money.
Sure, I am feeling a slight pinch. Everyone is. BUT, when there is money in the bank and a plan to grow it, it makes the pinch sting less and it makes any situation happening around you much more manageable. I refuse to struggle when I don't have to.
I see businesses making all that money and I have always said, "They let me own a piece of it. Why not do it and make money when they make money?"
The economy can go up and down or sideways. In the end if I am in control of my money, and therefore my own personal economy, it doesn't matter what happens out there so long as what I have here is doing its own thing.
The story of the Three Little Pigs is not just about piggies. It's about securing your life by building a stronger house that the wolf can't bust apart to eat you alive.
1 person likes this
@baguiojade (373)
• United States
14 Jan 23
When you say, personal economy, does this only mean money that you have worked for and growing it, or does this personal economy entail growing your food (planting veggies/ fruits) or caring for your food(cattle, chicken...)?
Thank you by the way for responding to this post of mine.
1 person likes this
@porwest (90876)
• United States
17 Jan 23
@baguiojade It could be both things. Your personal economy is one in which you create, on your own, that is less impacted by outside influences depending on how well your personal economy is doing.
1 person likes this
@MarieCoyle (37480)
•
4 Jan 23
Many people here appear to be purchasing extra food that has a long shelf life because some foods are rather hard to find, as well as they go up in price constantly. Everyone should honestly try to have a bit of extras on hand of the things they use the most.
1 person likes this
@baguiojade (373)
• United States
5 Jan 23
Would you also consider having extra toiletries, just in case. We need them too, often. What do you think?
