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re: Are you altering purchases due to inflation?
Posted on 7/11/21 at 12:20 pm to East Coast Band
Posted on 7/11/21 at 12:20 pm to East Coast Band
quote:
cheaper ground beef for hamburgers
You want the fattiest meat they offer for burgers.
Posted on 7/11/21 at 12:22 pm to East Coast Band
LINK
Was planning to build a workshop in my backyard but now on hold due to the price of lumber being what it is. Read an interesting economic paper yesterday saying that we should be concerned about deflation instead of inflation. I will find the link.
Was planning to build a workshop in my backyard but now on hold due to the price of lumber being what it is. Read an interesting economic paper yesterday saying that we should be concerned about deflation instead of inflation. I will find the link.
This post was edited on 7/11/21 at 12:27 pm
Posted on 7/11/21 at 12:30 pm to East Coast Band
I’m not making any major purchases right now. I generally trade my vehicle every 7 years but I’m keeping what I have and making sure it is maintained so it lasts longer.
My Son is a student at UF and graduates (Electrical engineering) this December. Instead of renting, we bought a fixer upper condo with the thought of breaking even and having a stable residence for him. That place has nearly doubled in value in just four years. We’re going to sell it and pay case for a used RV next year so me and the Wife can walk the earth while we’re still able to do it.
On a daily level, we go out to restaurants a lot less frequently. It’s become insanely expensive and service is generally terrible.
I am the yard guy, pool guy, handyman, mechanic and outdoor chef. If I do hire somebody, I do my best to verify that they aren’t a liberal.
My Son is a student at UF and graduates (Electrical engineering) this December. Instead of renting, we bought a fixer upper condo with the thought of breaking even and having a stable residence for him. That place has nearly doubled in value in just four years. We’re going to sell it and pay case for a used RV next year so me and the Wife can walk the earth while we’re still able to do it.
On a daily level, we go out to restaurants a lot less frequently. It’s become insanely expensive and service is generally terrible.
I am the yard guy, pool guy, handyman, mechanic and outdoor chef. If I do hire somebody, I do my best to verify that they aren’t a liberal.
Posted on 7/11/21 at 12:31 pm to East Coast Band
I was going to replace my fence, but not at these prices. Will wait until next year sometimes when things are back to normal.
Posted on 7/11/21 at 12:31 pm to East Coast Band
The buying power of your dollar decreases with inflation. You can save $100 in the bank but what will it be worth in a year? They are not slowing down the printing so what will cause deflation other than an economic collapse.
Posted on 7/11/21 at 12:31 pm to East Coast Band
Wife wanted a new SUV, but we’re waiting. It’s insane how much they’ve gone up in the past six months
Posted on 7/11/21 at 12:33 pm to bamabenny
quote:
It’s insane how much they’ve gone up in the past six months
Someone in this thread said cars aren't affected by inflation
Posted on 7/11/21 at 12:43 pm to East Coast Band
Yes. I would like a new truck but I am holding off. I also was planning to sell my house and build on some land I own but those plans are also on hold.
Posted on 7/11/21 at 12:56 pm to LSUwag
quote:
go out to restaurants a lot less frequently. It’s become insanely expensive and service is generally terrible.
This.
Paying more for shitty experiences has led to just cooking and staying in
Posted on 7/11/21 at 12:59 pm to Eighteen
I had a single sushi roll for $10. Ridiculous.
Posted on 7/11/21 at 1:03 pm to East Coast Band
quote:
Are you altering purchases due to inflation?
What are you talking about... they say inflation is countered by rising wages. Basically nothing has really changed.
Posted on 7/11/21 at 1:07 pm to East Coast Band
I got ‘lucky’ and bought a car in February and another in April. Prices have steadily risen by about $4-5K on both since then. If I was looking now, I’d have to buy something different.
Posted on 7/11/21 at 1:24 pm to East Coast Band
Putting off new car for wife for a year. Due to inventory not inflation
Posted on 7/11/21 at 2:23 pm to LSUwag
quote:You are awesome!
I am the yard guy, pool guy, handyman, mechanic and outdoor chef. If I do hire somebody, I do my best to verify that they aren’t a liberal.
Posted on 7/11/21 at 2:30 pm to East Coast Band
quote:
How about you?
took me until December to find a new boat that I wouldn't have to wait another year for delivery, the struggle is real
Posted on 7/11/21 at 2:34 pm to zatetic
quote:
they say inflation is countered by rising wages
"They" lie.
Posted on 7/11/21 at 2:38 pm to East Coast Band
I’ve been trying to put up a large fence. An 8,000 fence turned into a 15,000 fence really quick. I’ll wait or build it myself eventually
Posted on 7/11/21 at 2:39 pm to LSU Coyote
quote:
The worst thing for me is the price of beef. I only eat beef, chicken and salmon, nothing else.
Salmon, care to comment on this?
Posted on 7/11/21 at 2:40 pm to East Coast Band
I’ve noticed that food prices have gone up - can’t really cut back on that - so we don’t eat out as much
Will probably put off buying my daughter a car
But we’ve always watched what we spend - just watching it spend faster now
Will probably put off buying my daughter a car
But we’ve always watched what we spend - just watching it spend faster now
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