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by YZF 1383 days ago
We've always been frugal. If something is expensive we just don't buy. We don't buy junk/processed foods. Don't buy the latest and greatest electronics/gizmos/fashion etc. Eat out very infrequently (restaurant prices are up but not crazy up). Own my house. EV (that's where I splurged) so don't care about gas prices (around here electricity I think is pretty much the same).

One year of +8% (on average) after decades of virtually no inflation seems like a non-event at least so far. I would say for stuff we spend money on it's probably been a fair bit less than 8%.

I wanted to go somewhere on vacation, prices were higher than I expected, so I went somewhere cheaper.

1 comments

+1 for frugality. I also own my home with a small mortgage, so I don't worry about rents increasing. I just got a job again after taking a break over a year ago... But I could have floated for years. I spent a lot of my career as a contractor, so I did a lot of cheap living and a lot of saving for a rainy day. After a while, it became habit.

I drive a 22-year-old car that gets 37 MPG. I ride my bicycle whenever I can. My home is 1100 sqft on a 5000-ft lot.

I can see prices that have gone up, but that hasn't impacted my buying habits. (One exception is international air travel... Scott's Cheap Flights helps there if you're flexible, but prices to where we want to go are still up 200%.)