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Old 04-04-2022, 10:14 AM
 
7,889 posts, read 3,872,973 times
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I've delayed buying in to Wasatch Peaks Ranch or the Yellowstone Club.
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Old 04-04-2022, 10:16 AM
 
Location: Indiana Uplands
26,432 posts, read 46,643,868 times
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Quote:
Originally Posted by BeerGeek40 View Post
No changes yet, with the exception of, we are beginning to have a lot more food in stock than previously.
At best, food prices will be up a lot moving forward. At worst, shortages are on the way.
I bought shelf stable items in large amounts several years ago as I knew prices were rising. Since Russia and Belarus supplies 70% or more of the world's fertilizer production,(potash),expect much greater price inflation in the near term.

Last edited by GraniteStater; 04-04-2022 at 10:25 AM..
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Old 04-04-2022, 10:20 AM
 
Location: Elsewhere
88,649 posts, read 84,943,363 times
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Quote:
Originally Posted by Lowexpectations View Post
We have not cut any spending at this point. In fact yoy we are spring more one completely disc stuff, more than 20 or 19. Just a reality of things reopening
Quote:
Originally Posted by Woody01 View Post
What?
He said he found a new cheap whiskey.
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Old 04-04-2022, 10:22 AM
 
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They can't be supplying 70% since Canada produces 35% of the world's potash production and China has about 15% of the world's production. Russia and Belarus may supply 70% of the production for Europe, Africa and Asia.
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Old 04-04-2022, 10:46 AM
 
Location: Indiana Uplands
26,432 posts, read 46,643,868 times
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Quote:
Originally Posted by Rabrrita View Post
They can't be supplying 70% since Canada produces 35% of the world's potash production and China has about 15% of the world's production. Russia and Belarus may supply 70% of the production for Europe, Africa and Asia.
That could be the case, will do more research and verify. Regardless of the percentage, it still acts as a major headwind for food price inflation.
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Old 04-04-2022, 01:15 PM
 
Location: Indiana Uplands
26,432 posts, read 46,643,868 times
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I found this bit of information:

"Combined, Russia and Belarus accounted for more than 40% of global exports of potash last year, one of three critical nutrients used to boost crop yields, Dutch lender Rabobank said this month. Additionally, Russia accounted for about 22% of global exports of ammonia, 14% of the world's urea exports and about 14% of monoammonium phosphate (MAP) - all key kinds of fertilizers."

https://www.reuters.com/business/san...ly-2022-03-23/
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Old 04-04-2022, 01:22 PM
 
6,844 posts, read 3,968,449 times
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Haven't changed anything. But we only eat in restaurants a few times a year, only buy takeout a couple of times a month, haven't gone anywhere on vacation since 2000, don't go to concerts, movies or plays any more. Everything comes to us in our home. Being retired we drive less than 2,500 miles a year so the gas prices haven't cost more than an extra $20 a month.

Regarding food prices, we shop for food online and compare prices. If some items have gone up, we switch to something else priced more reasonably. There's always items on sale, and always other food choices. We haven't cut back on any of the services that we enjoy. It seems like it all balances out anyway.

Being retired and over 62 in NJ our state income tax rate is zero and the federal is about 8%. We have no mortgage on our house so total housing costs including utilities, insurance, taxes, maintenance, cable and internet and Tracfone cellphones is about $1500 a month. Total medical insurance and copays runs about $800 a month.

Last edited by bobspez; 04-04-2022 at 01:34 PM..
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Old 04-04-2022, 02:01 PM
 
Location: Wonderland
67,650 posts, read 61,041,289 times
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I don't know how to change the oil in my car. But I did buy two tires instead of four because I can still drive on the other two for several months. Also, I signed up for Green Chef because I got tired of buying food in bulk for just me and wasting that money. I am bringing my lunch in for work a lot more than I used to. I am buying fewer clothes.

I'm still doing OK but I am definitely more conscious of costs in general now.
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Old 04-04-2022, 02:26 PM
 
Location: Bergen County, NJ
4,033 posts, read 3,652,986 times
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No real change on my day to day but cutting down on some vacation travel
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Old 04-04-2022, 02:53 PM
 
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Have You Cut Non Essentials Out of Your Budget Due to Inflation/High Gas Prices


Did that a long time ago. Down to cutting essentials at this point.
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