Hi Everyone,
The rate of inflation is increasing at a staggering rate in Australia and the rest of the world. Wages are not keeping up with the rate and many families are struggling to make ends meet. We aren't big spenders but I do splurge a little on food. I've always believed that if you eat well, your body will be looked after & energised to be able to overcome any difficulties mentally or physically. In the past 1-2 months, we can see that the prices of food have increased dramatically especially when I order similar things each week from the supermarket for delivery and the prices continue to go up.
A strategy I've been using is to try to order my grocery online each week so I don't buy things I won't need as I keep to my list. At the supermarket, I tend to sidetrack and buy things that may be on special or a new product that I may miss during my online shop. As an example, we love to eat long beans and 2 months ago, we get a packet of 500 grams for around $4.90 which is a price we are used to paying. The inflation came, the price stayed the same but the weight of it changed to 400 grams meaning the product has gone up 20%. Come this week, 2 months later, the same 400 grams now cost $6.80.
I don't think that our wages are keeping up with this inflation, at least not 50% pay rise in the space of 2 months. Therefore I've been eating out less or ordering less takeaway and cooking more at home to reduce costs. A breakfast delivered will set us around $50 on a weekend but I now opt to cook it myself (though don't have as much variety for a large breakfast) but enough to keep everyone happy. I would save myself $40 by just cooking the meal quickly. I'm not a great cook so I am trying to be as creative as possible to keep the kids interested in the food and so I've been doing ok.
How is inflation in your country? Do you see prices of your everyday goods going up at the rate as in Australia?
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