The Federal Reserve is expected to make another interest rate cut today. And I can’t say that I’m overly enthusiastic about it. The announcement is supposed to come at 2:15 eastern, so that’s still three hours away. I have all sorts of time to consider.
My main issue is inflation right now. Food prices inflation and gas prices are issues in terms of household budget. And other inflation could rise as well. That’s what happens when interest rate cuts like this are made.
Stocks
On the plus side, stocks are up in anticipation of seeing the benchmark rate at a low 2%. So …read more

With Earth Day today, a lot of people have the environment on their minds. I’ve received several questions of a similar nature since Sunday, so I thought I’d answer the question:
Is it possible to save money while going green? So many environmentally friendly actions seem to cost a lot of money.
This is a valid point. It does seem like every time you turn around being friendly to the environment costs money. But it doesn’t have to. There are some small things you can do every day to save money and the environment, too.

Prepare your own foods. Rather than buying pre-packaged …read more

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