22 Apr 2014 10:11 AM PDT By: Terresa Monroe-Hamilton
It seems that every day when I look at our finances, I now have to adjust. Eating out at all is swiftly becoming a luxury of the past. If you’ve been to McDonald’s lately, you’ve probably noticed their dollar menu is now five dollars. A meal at any drive thru that used to cost $5 dollars a few years ago, now costs north of $10. You start thinking to yourself, that could go towards the power or water bills.
Then you go to the store and reality slaps you along side the head. Hamburger Helper, just a month ago was $1 a box… now it is $1.50. Doesn’t sound like a lot, but that is an example of inflation kicking in at 50% and to anyone on limited funds it scares the crap out of them. Tuna is $2 a can. Milk is $6 a gallon in places. To buy 3 Rib Eye steaks, you are looking at a minimum of $35 and things are about to get a whole lot worse. I actually started thinking last week for the first time in my life, I can save money and make our budget stretch further if I skip a meal a day. There would be more for my family that way. We are not poor or destitute – not even close. And yet, we find ourselves beginning to think in terms of our grandparents, when they faced the Great Depression.