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Reply to "What are people doing to save money in this insane economy?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Honestly since 2020, things are actually cheaper. Our household is not struggling? We are firmly UMC. Maybe it has to do with job sectors?[/quote] Sort of the same here. Despite the rampant inflation under Biden, I also make significantly more money compared to 2019-2020. So I can swallow the higher prices more easily. I am also naturally frugal, cook everything as I love cooking, and it goes a long way at keeping costs under control. Also haven't really seen major price increases at supermarkets in the last two years, nothing like under covid. It also helped I bought the house in 2020 when rates were record low and just before prices exploded, there was a magical window of about five months when this was happening. I now complain about the golden handcuffs of a super low mortgage rate, but in retrospect it's going a huge way towards to feeling financially secure and not living paycheck to paycheck and easily affording trips. [/quote] We’re also going to be stuck in our house for a long time. Can’t complain about it because it’s a nice house in a good location. But our kids are teens and it’s going to be too big for us when they leave. With our low mortgage rate, I can’t see us making a good financial case for downsizing for a while. [/quote]
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