Inflated food and utility prices for retirees
I’m 74 and retired. I’m trying to understand the rising cost of food, gas,
and utilities. My husband and I are working on a budget that fit into this financial challenge. Can you advise on
What is the best way to manage our finances. Thank you.
Terry Says
The government has been “printing” more money –You’ll understand when you read my column next week. Costs of basics are rising at a 6% annual rate right now. Plan to spend more each year — and see if you can work part time to earn some extra money, or you are going to have to cut back on some things. This could last a few years, so start figuring out how you can bring in more income now — perhaps babysitting, driving other seniors who can’t drive to the store, etc.
