Anyone Afraid Of Inflation?
- Thread starter Wally
- Start date
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Bad Moon Risen'
Too big to fail.
Brownslave688
You want a toe? I can get you a toe.
They’re literally giving people money so they can keep their homes warm.
If you can't afford to eat and you cannot afford you utilities how much money is it going to be left over for the rest of the economy?
Over70irregs
Well-Known Member
If they print them out you will need to make $50/hr
Wally
BrownCafe Innovator & King of Puns
The Fed, Staring Down Two Big Choices, Charts an Aggressive Path
Federal Reserve officials have coalesced around a plan to raise interest rates by three quarters of a point next month
dnyuz.com
Higher inflation could mean smaller tax bills for some
A set of annual adjustments that are tied to an inflation index could provide tax relief for some.
Over70irregs
Well-Known Member
You can run, but you can't hide: Inflation is busting budgets, and killing joy too
Inflation is hitting Americans hard at home with prices soaring for electricity, groceries, rent, even breakfast. A carton of eggs is 30.5% more expensive than it was last year.
www.npr.org
IRS increases 401(k), IRA contribution limits for inflation
The IRS is raising contribution limits to retirement plans, including 401(k) and IRAs, by a record 9.8% for 2023.
www.axios.com
Thebrownblob
Well-Known Member
@MECH-lift Can really max out his 401(k) this yearIRS increases 401(k), IRA contribution limits for inflation
The IRS is raising contribution limits to retirement plans, including 401(k) and IRAs, by a record 9.8% for 2023.
He doesn't make enough money
Wally
BrownCafe Innovator & King of Puns
Yea but the average family is laying out $1000's extra to tread water due to inflation.
Inflation could cost your family an extra $11,500 this year
The impact of inflation now has another number. According to a new study by Nerdwallet household spending could increase by more than $11,500 this year. Consumer Investigator Rachel DePompa explains ways you can fight back against rising costs.
Thebrownblob
Well-Known Member
I don’t disagree, but I wonder if this generation understands how to cut back on things that are unnecessary? Eating out, Big screens in every room $500 cell phone bills and the newest cell phone for everyone, Starbucks every day etc. etc. it’s been a long time since people actually had to sacrifice. It’s not fun and Many will fail.Yea but the average family is laying out $1000's extra to tread water due to inflation.
Inflation could cost your family an extra $11,500 this year
The impact of inflation now has another number. According to a new study by Nerdwallet household spending could increase by more than $11,500 this year. Consumer Investigator Rachel DePompa explains ways you can fight back against rising costs.www.wdbj7.com
That's why the standard deduction went up $2,000 for 2022Yea but the average family is laying out $1000's extra to tread water due to inflation.
Inflation could cost your family an extra $11,500 this year
The impact of inflation now has another number. According to a new study by Nerdwallet household spending could increase by more than $11,500 this year. Consumer Investigator Rachel DePompa explains ways you can fight back against rising costs.
And it's going to be more next year
Wally
BrownCafe Innovator & King of Puns
Spending is up $11k just to keep up.
Trust me I know.
I see how much I spend on food and utilities each month
Can't wait for winter....
Wally
BrownCafe Innovator & King of Puns
Food and energy is killing budgets. Wait until the recession starts causing job cutbacks.
Wally
BrownCafe Innovator & King of Puns
A large sub sandwich is $13 now. Heating oil $5.80 a gallon!
I've already seen some cutbacks on my route
Thebrownblob
Well-Known Member
I can make one at home for three bucks
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