What would you do faced with 50% inflation?

[Mel]

Keep growing my own food. I do have some chemicals on hand BUT they were gifted to me by family members. I try not to hurt people's feelings so what I do is I thank them but politely explain that I try to avoid using chemicals. I'll use baking soda and water as a fungicide, for example. Chemicals are at the bottom of my list. I also have a LOT of fabric and thread on hand. Sew my own clothes. Mend or repurpose them if possible.

 

[WVDragonlady]

Noticed this morning at the local grocery that Knorr envelopes and Rice-a-Roni have gone up 25 cents. They were a $1
Store brand pasta went up 19 cents. They were $1 but would go on sale for either 88 or 78 cents box
The store made fried chicken 8 piece was $5.99 now its $7.99 Didn't check the rotisserie chickens
Chicken pieces (thighs, legs or breasts) were low in the meat dept. Thighs and legs packages only stacked 2 high instead of 3, and there was only one pack of chicken breasts

But hey! gas went down 6 cents! lol

 

[WVDragonlady]

Just grabbed this off of gab. Don't know if its true or not. But it is a heads up maybe

 

[ladycat]

Just grabbed this off of gab. Don't know if its true or not. But it is a heads up maybe

View attachment 83794

Aldi Nord is the one raising prices.
Aldi Süd is the chain that has stores in the US.
2 different chains. Nord is not in the US.

 

[Tootsie]

Aldi Nord is the one raising prices.
Aldi Süd is the chain that has stores in the US.
2 different chains. Nord is not in the US.

That’s good news, Ladycat. We have more time.
If the Dollar stores are now $1.25 stores, it might be coming soon enough. Many prices have gone up noticeably already.
Our income is not going up. In fact, financially, it appears that expenses this last year have pushed us way down the ladder. We haven’t had any serious financial costs, besides filling the cupboards. Instead of spending anything, I need to stop and think, can I make or grow it? Is there another way of getting it? Do we really need it?
My credit card needs to die, or at least become difficult to use. My parents and grandparents got through hard times using cash carefully, and I need to do the same.
I am not a spender. I need to work more on being a saver, a do-er, a provider.

 

[Double R]

We feel you @Tootsie. Same here.
Once we move we will be getting rid of CC’s as well. Right now we need the open cards for our credit. After that they will be gone. Maybe keep one for online purchases but otherwise the rest will go.

 

[ladycat]

Our income is not going up. In fact, financially, it appears that expenses this last year have pushed us way down the ladder. We haven’t had any serious financial costs, besides filling the cupboards.

My income is down, utility rates have gone higher, house is needing major repairs. It's worrisome.

 

[Morgan101]

You really have to watch on a weekly basis. We have the luxury of having four good sized grocery outlets near us; Wal Mart and Aldi being two of them. Last week Wal Mart had the highest milk prices of the four. This week one of the others raised the price of milk 10%, to now be the highest. Aldi in this area has very competitive prices, especially on what I would consider the basics; milk, butter, eggs bread.

 

[Amish Heart]

Prices are going up pretty quickly. I'm at the point that I'll only buy at a good price, or I won't buy it. Did notice the little cans of Kroger Brand roast beef are still sitting on the shelf after a month, and at $7.49 a can, they can sit there.

 

[Magus]

How far north are you? they're 4.75 here, last I looked a month ago.

 

[WVDragonlady]

I don't go to aldi so I wouldn't know the specifics. I just thought you all who do go there would like the info.
I'll let ya all find out on your own in the future

 

[Tootsie]

Thank you WVD. Tips like yours make us say, ‘ouch’ and a few other words, but gives us a heads up and make us think of what we may need to do. Living is becoming more and more like a chess game- to suceed, we need to be two steps ahead of the next move or strategy. It sure helps to know we’re not alone. Helping one another is good.

 

[MoBookworm1957]

I save considerable amount of money by making my Christmas gifts.
Already working on Christmas stockings all patchwork done in Crazy quilt pattern or string quilt pattern.
I use every scrap of fabric that I can.
Every scrap also goes into hot pads, pot holders or table runners for gifts also.
This year hopefully will doing "elf hats " to go along with stockings.
I pick up things all years to wrap up in leftover Christmas paper or in "Art work " paper the grand children have drawn for Granny. Not very much goes to waste at my house. Not even used coffee grounds everything is reused, recycled.
As for being hit with 50% inflation, I pretty much live below my means anyway.
Just cinch my belt up and take care of business just like usual.

 

[angie_nrs]

I went shopping last week. I found some cranberry sauce on the shelf at WM for $1.06 per can. I bought the case of cans they had left. I went to check out and they rang up at $1.28. I told them the shelf price and they honored that, but I know that when (if) they restock it will be higher.

Aldi raised the club pack of TP again. I was buying it for a long time at $16.99, then it went to $17.99 and now it's $20.99. I walked right by them. Geez, now all that TP I have piled up at home has just become an investment. I think it's doing better than my silver as far as investment value is concerned.

I saw name brand green beans at WM for $1.26 per can. I went to a local grocery store that had their brand on sale for .50 per can, plus I had a coupon so I bought a couple cases just for good measure. I still have plenty of them but can't help but buy them at that price while I still can. The ones I have stocked, I paid .33 per can for back in the day.

I noticed the deals were pretty much non-existent this shopping trip. However, the shelves were pretty well stocked. I wonder how long that will last? If the shelves start becoming more empty, those prices are going to go up even further. Supply and demand still rules.

For anyonen shopping at WM, watch the register as you check out and stop them if they ring up at a higher price than what was on the shelf. They WILL honor that price. The prices are going up faster than they can keep up with and they know it, so they will give you the shelf price and not give you crap about it.

 

[Curmudgeon]

My income is down, utility rates have gone higher, house is needing major repairs. It's worrisome.

Don't feel lonely. I have some work I need to do but cost is keeping me from it. I priced out a project here last year and materials were around 600, but I didn't get to it. The exact same materials today are triple that, it'll have to wait another day or two.

The last two months my utilities doubled over what they were in January., roughly the same usage.

 

[Tootsie]

Same. Auto insurance up $200, cost of living. Expect homeowners to do the same. Never, Never have we been so low on bank account. We’re pretty frugal. I can’t imagine what some others are facing.
I am guilty of running it low, though. We have extra supplies which will come in handy.

 

[Alaskajohn]

From the linked article:

The U.N. Food and Agriculture Organization said its Food Price Index, which tracks monthly changes in international prices for a basket of commodities, averaged 159.3 points last month, up 12.6% from February. As it is, the February index was the highest level since its inception in 1990. While predictable given February's steep rise, “this is really remarkable,” said Josef Schmidhuber, deputy director of FAO's markets and trade division. “Clearly, these very high prices for food require urgent action.” The biggest price increases were for vegetable oils: that price index rose 23.2%, driven by higher quotations for sunflower seed oil that is used for cooking. Ukraine is the world's leading exporter of sunflower oil, and Russia is No. 2. “There is, of course, a massive supply disruption, and that massive supply disruption from the Black Sea region has fueled prices for vegetable oil," Schmidhuber told reporters in Geneva.

Food prices soar to record levels on Ukraine war disruptions

 

[DrJenner]

The last two months my utilities doubled over what they were in January., roughly the same usage.

Same here, our propane bill was over $1k for a month and we didn't even use that much, just ran our gas fireplace.
Can't wait to get our woodburning one.

I am hopeful we are positioning ourselves to be able to weather the storm. Sell the big place, buy the land cash, build as we go, pay that off. No cc debt, we just have 2 leases for cars and the RV payment plus insurance. The other car and farm truck are paid off.
Chickens, grow your own food, can... Now I just need to get to sewing. My mom and grandma always tried to teach me but I was too busy having fun and playing outside with the guys in the neighborhood, couldn't be bothered with that.

 

[Amish Heart]

That's exactly what we did June of 2020, Dr Jenner. Sold the big place, paid off the farm, doing the things. Not regretted a minute of it.

 

[DrJenner]

That's exactly what we did June of 2020, Dr Jenner. Sold the big place, paid off the farm, doing the things. Not regretted a minute of it.

I am so ready. Of course that means my daughter is off to college, so I'm trying not to wish away these last couple of months!

 

[Amish Heart]

I know, it's bittersweet. Our youngest will be 29 this year, is seeming serious about someone right now. They are in Tucson. Husband wants to know where they'd get married. Said he woke up last night thinking about it and stressed out. Maybe a farm wedding? None of our five kids live in our state.

 

[Alaskajohn]

How long will it be until "the rusty wire that holds the cork that keeps the anger in gives way" here in America? Hat trick to Mr Waters on my quote.

 

[elkhound]

well...its really here..eggs 60 count was $3.75...went to over $8 on saturday..today over $12.

give ya chickens lots of tlc. i look for baby chicks through mail to be stopped soon.

 

[Amish Heart]

Incubators are full and due the 23rd. Turkeys and chickens. We have an extra couple dozen eggs a day, so I keep our neighbors supplied.
Now butter prices. Those are crazy. Aldi was under $2 a lb a few months ago. Last week $3.08. Today $3.17. Wonder what next week will be? So I skimmed the cream off some raw milk this afternoon and made some.

 

[LadyLocust]

Incubators are full and due the 23rd. Turkeys and chickens. We have an extra couple dozen eggs a day, so I keep our neighbors supplied.
Now butter prices. Those are crazy. Aldi was under $2 a lb a few months ago. Last week $3.08. Today $3.17. Wonder what next week will be? So I skimmed the cream off some raw milk this afternoon and made some.

Ours was $4 per pound of butter. I'm watching like a hawk for a lower price so I can get more.

 

[Amish Heart]

I've got some in the freezer. Figure I'll just make my own each week when I pick up raw milk from my cousin. I can usually pull off enough cream from a gallon of raw to make a roll equivalent to a stick of butter. The chickens like to drink the rest.

 

[LadyLocust]

I've got some in the freezer. Figure I'll just make my own each week when I pick up raw milk from my cousin. I can usually pull off enough cream from a gallon of raw to make a roll equivalent to a stick of butter. The chickens like to drink the rest.

The buttermilk makes good biscuits or pancakes

 

[Amish Heart]

True, but I take all the butter out of it, and just leave the whey and milk with no cream in it.

 

[Biggkidd]

Went three places for starting fluid / either. Finally got some at NAPA but boy howdy. The last two cans I bought were $2.99 each just a month ago. This time HANG ON TO YOUR HATS $6.99 each! 8.5% inflation my ARSE!

 

[ladycat]

8.5% inflation my ARSE!

They've started quoting 10%.
That still ain't it.