It’s a good thing summer is on its way. We’ll be planting a garden soon, and that will help us alleviate some of the impact that food prices inflation will have on our household budget.
Right now, the big story is that oil prices hit $114 a barrel yesterday. People are talking about gas prices. And it’s true that gas prices are going to take a toll on many a household budget. They probably already are.
But with the release of the latest inflation data from the Labor Department, it’s apparent that we all need to be mindful of food prices inflation …read more

One of the reasons that investing is such an important part of your financial plans, including retirement planning, is inflation. Inflation is basically (in very simplistic terms) how fast prices rise. It’s how fast things increase in cost. And one term you hear about now is core inflation. Daniel Gross explains core inflation in Newsweek:
Catch that bit about “core inflation”? That’s Fedspeak for: inflation is under control, unless you look at the costs of things that are going up. The core rate excludes the prices of food and energy, which can be volatile from month to month.
But as you probably …read more