Personally, I
feel the rate of inflation has been grossly understated. All I have to do is compare the prices of
what I typically buy at the store to know that food prices are out of
hand. Food, along with water and heat,
is one of our basic fundamental needs and what we are being charged right now
to try and feed ourselves is alarming. In
the past year a lot of the items I typically purchase have increased in price
at least 50% and some have even doubled. For example a head of lettuce used to be 99¢
and now it is over $2. I used to get a
five pound bag of potatoes for $1.49 and now they are $3.89. Boneless skinless chicken breast was
typically $1.99 a pound and is now $2.79 or higher while bone in thighs that
used to be 89¢ a pound are now selling for $1.69 a pound. Don't even get me started on the price of
eggs, or milk, or bread. Now, more than
ever, we have to get really creative in order to afford groceries and keep ourselves
and our families fed. Knowing how tight
my budget was early on in my life I worry about how young families are able to
cope.
I am fortunate
in that I prepared myself for "what if". When the pandemic started in 2020 I could see
the writing on the walls, so to speak, and I began to prepare. Even still, I am finding
the need to make adjustments and shift the importance of what I buy in new
directions in order to stay on budget. I
am shopping my shelves and figuring out ways to stretch my existing stock as
far as I can. Instead of purchasing
bread at $4 to $6 a loaf I now buy flour and make my own. I buy more frozen fruits and vegetables and
only buy fresh items that are on sale.
I pretty much
decided if there is anything I can make myself that is what I should do instead
of purchasing things. I make my own
broth, soup, chili, pasta sauce, pizza, biscuits, cookies and desserts,etc. Not only is it less expensive, but it saves
me a lot of money and I find I shop a lot less often.
I routinely take
inventory of what I have, plan my meals based on that and then carefully craft
a list of items I may need or feel I am running low on. Then I wait and watch for sales or shop
places where I know I can find the best prices.
If the price isn't low enough I do without and figure out something else
instead.
Instead of using
full cream in my coffee I now make my own half & half and use that now. I eat more basic and simple meals, smaller
portions of meat and more vegetables and I eat up my leftovers before I make
new meals. Minimizing food waste and
making sure I use up everything I can has always been a top priority, but now,
even more so. I always thought I was
really good at cooking from scratch, but I know I can always improve those
skills and do more. I just try to be mindful
and intentional with my cooking, baking, meal planning and my shopping and do everything
I can to save money.
Like you I have always had a full pantry and do almost everything from scratch but I can't help but see how much everything has gone up. I really feel for everyone that doesn't have a pantry or doesn't know how to cook. We are in pretty scary times.
ReplyDeleteAfter the pandemic hit I tried my best to tell people to stock up, but most thought I was crazy. Who's crazy now?
DeleteIt is most interesting. I have found perhaps a 20% change in prices on what I generally purchase. I do buy farm eggs and she's gone from $2 to $3 in November and that is BEYOND fair. I though $2 was too low.
ReplyDeleteIt truly is driven by what product one buys. And for my items, the W store has been significantly higher than the local employee-owned grocery store on the few times I've gone there (I did so because people insist it's cheaper). Silly me.
I stock my freezer when sale prices are excellent and the items I use are generally every 6-8weeks on sale.
We're all different in our habits, our likes/dislikes and I know that. Hence our mileage varies. Power and Natural Gas bills? Yikes! That's the cost most noticeable in the monthly expenses. Gasoline not as much as I drive little and a tank is lasting me 8-10 weeks.
May we all weather this economic storm. We lived through the early 80s and the late 2000s. WE CAN DO THIS!
Yes we can! Just need to get creative.
DeleteI totally agree with you about prices going up at least 50%. I find myself more often than not putting an item back on the shelf because I refuse to pay that much for it. We have definitely changed our shopping/eating in the past few months. Susan R
ReplyDeleteIt is a sad situation.... :(
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