How is inflation affecting you?

[cuerro viejo]

Making me glad my truck is paid for as parts to fix it have gotten stupid, but beats the alternative price of new

 

[cnelk]

It will be interesting if inflation affects NonRes OTC hunting this fall.

 

[IsThisHeaven]

My wife and I make good money. We have two kids in grade school. We notice it every day. The price and rapid increase in the price of gas is hard to miss. I work from home. I have cut back driving because of the price of gas. Grocery prices have gone way up. We notice that too. We usually take a couple of week long vacations in the summer out of state. Our vacations this year will be in-state.

We have been putting off some home improvement projects hoping things would normalize but we have started moving forward with them. These are not cosmetic, these are projects that needed to get done. This doesn’t appear to be “transitory” as we were told.

Our vehicles are low mileage and paid off. We don’t have any credit card debt. The only payment we have is our mortgage with a good rate. I am thankful we were somewhat prepared to deal with this. I can’t imagine just getting started now or having significant debt.

 

[74Bronco]

I'm on a volunteer board for youth sports, hiring summer coaches, gas, per diem, jerseys, hotels has been much worse the last 2 years. And doing everything we can to keep fees down for parents.
Personally, we have 2 teenage sons, to honestly keep track of how much they eat would be a part time job I don't have time for. Our grocery bill has gone up, just unsure where to attribute it to.

 

[Skerhunter]

Increases in food/fuel/necessities, will just cut into the fun spending portion of our lives (stuff for hobbies). It hasn't changed anything yet, but this spring/summer is when we travel the most, price of fuel will probably mean fewer fun weekend trips. Thankful this time around I am financially stable, but realize the hurting this will put on the younger people. Hard to save money, when you spend almost everything, just going to work every week.

 

[Yoder]

I commute 150 miles round trip 14 days a month, so gas prices are killing me. Groceries are about 30% more. The two biggest things: I have less money to do the things I love and it makes me hate Democrats even more than ever.

 

[svivian]

I've spent money to save money the last two years. I bought a 150cc moped for $500 to save on fuel to commute to work in 2020. Then I bought a full meat processing set up for $750 that i split with the father in law. Now we can process our own animals. Its really nice to be able to go down to the sale barn and pick up a 150 pound pig for $100 and make your own sausage and bacon.

I also built garden boxes in my small back yard and was able to grow most if not all of my produce last year and had some leftover to freeze.

I was lucky enough to kill two elk last year so being able to freeze all of that and supplement pork and some beef has really lowered my every day costs.

We are also fortunate that we do not have car payments or student loan payments. I have no idea how people who were living pay check to paycheck 3 years ago are doing it now....

 

[CoStick]

It is a super tight job market, so retention raises and bonuses are probably off setting the impact for many.

 

[journeyman713]

I find that in hard times such as this, it's important to focus on things that bring you Solace, such as;
There is no way that cost and supply of ammo, can get any worse

 

[CorbLand]

The housing is crazy. I feel for you younger folks trying to get established. It seems like I have been saying "it's gotta come down at some point" for about 8 years. The real estate market keeps saying "hold my beer"!

At least if the housing market gave me a beer to hold, I could drink that. Its more like "hold this shot of vinegar and bottle of piss as a chaser."

 

[Hall17]

I work remotely in a sales position. Inflation has my annual income much higher than ever before. Though its inflation so I am spending more as well. But at this point it has not negatively affected me at all except mindset like buying ammo at $65 a box

 

[KHNC]

MFKN Diesel went to 4.59 gal today in WNC. It was 2.39 in October when i bought my truck. Absolute BS!

 

[ozyclint]

Prices haven't gone up. Value of currency has gone down.

 

[Tick]

More money spent on groceries and gas equal less going to my long term investments/savings.

 

[Gobbler36]

I have 3 growing boys and the price of groceries right now is killing me and I put an elk, 3 deer and an antelope in the freezer last year! I’m having a heart to heart with the Mrs this evening and we are moving to rice, game meat, and veggies for dinner and lunches from now on and no more eating out shit!
FJB!

 

[grossklw]

My day to day life I don't notice it a ton other than on gas and groceries. I've been fortunate that the lions share of my rental portfolio was bought before prices went nuts so I've been benefiting from that, or at least the values have kept up with inflation. I know that the higher cost of living is making it tougher on my tenants however, especially the paycheck to paycheck people.

 

[william schmaltz]

We love to fish and camp so we travel a lot in the summer. Probably go through ~40 gallons of diesel in a typical weekend between May and September. We choose to pick just a few longer 5 day weekends this year instead of going every weekend.

Groceries are noticeably higher here it seems like by 30% or so. I had a short list for this week and it was still $150. That's after we figure we save at least $50 a week on meat by eating moose and salmon. I told my wife last night that we're almost to a point where moose hunting will be break even! At these prices a moose gives a guy $2K in burger alone!

Luckily I just signed a contract for another year of full time work from home. Sold my commuter for what I paid for it 5 years ago and I figure between insurance, tires, oil changes, depreciation, repairs, and fuel I've saved close to $4K a year over the last couple years and that will probably be closer to $6K+ over the next year.

The price of 100LL is nuts and I suspect it will be even crazier in a few months when barges head to the villages. If you were waiting for prices of fly out trips to go down or stabilize, you will likely have some extra sticker shock at the prices going forward.

 

[Ferrulewax]

It sucks. Wife and I both graduated college in 2020 from nursing school right into the middle of the pandemic. Although we are making a good bit more than all of our friends, and I am certainly thankful for that, we can hardly touch a house for anywhere near what I was planning to pay. At this point we are looking to build a duplex to offset costs and hopefully use it as an income source once we move out. I just hate throwing away money to rent. I'm currently paying about twice what my parents mortgage is for 3000+ square feet for my 925 square foot shack. When we signed the contract for our current rental, the land lords real estate agent informed us that since the house was listed (24 hours earlier) they had already received more than 100 calls- we got a steal compared to a lot of the rentals on the market and I still wince every time I sign a rent check. We had outgrown our current house before we moved in.

Luckily both of us already own reliable vehicles (no payment)- although I did have to buy mine right as prices began to skyrocket- but the price of gas is putting a damper on my normal couple trips a month.

Had some friends over for dinner the other night and about puked after seeing a pack of two chicken breasts' in the grocery store for 9.97$

 

[Tod osier]

Prices of everything across the board is up. Gas will continue to rise ( currently $3.59 where I'm at) and I'm sure everything else will as well. How are all these inflated prices affecting your day to day life? For me, the biggest hit I am going to take is at the gas pump. I live well within my means but I cant imagine how this is all affecting the lower middle class. I was lucky to get a cost of living raise at work but I know not everyone was given this gift. For people living on the edge I feel like this environment may be too much....

We are doing OK, but a thirsty truck (F250) that likes premium gas will make the 2 cross country trips I have planned this year plenty spendy!

 

[MattB]

As retired person, it has been a mixed bag. The values of our real estate and stocks were more than offsetting the increased costs of food and gas. The stock market has taken a big hit over the Ukraine situation and that will drive further inflation, so there goes that hedge.

I am looking forward to when global supply chains recover and inflation normalize. With COVID becoming endemic the government should stop making payments to individuals which contributes to the problem. Let's just hope that the global response to Russia over Ukraine will keep China out of Taiwan. If not, we could see inflation increase substantially compared to current levels.