Buy milk to beat inflation!
Filed under: Food, Shopping, Wealth, Investing
Inflation was recently ranked as a number-one worry to consumers in a CNN poll. I can definitely understand why, CNN showcased several price increases over the past year, from 13% for milk to 33% for gas! It's clear that the prices for items we use everyday are going up up up.These changes to the economy should spur you to change your saving strategy if you want to ride ride out the ever inflating prices at the pump and the supermarket. Right now you would almost be better of buying milk than putting money into your savings account, 13% growth is pretty good. Pity milk doesn't keep like gold though.
CNN offers three rules to use for anyone trying to save during a time of inflation.
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When we undertook the big move, one of the toughest things for us to deal with was our incredible collection of media. My wife and I love to read, listen to music, and watch movies, but years of collecting books, CDs, DVDs and magazines left us with more culture than we could handle. Essentially, most of our rooms were filled with bookshelves, and there were piles of books on almost every flat surface. In fact, many of our paperback books were filed two deep, which meant that we couldn't even get to them without moving several dozen books to a flat surface. Clearly, we needed to do something, or else we were going to end up buried under our favorite reads.
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