GOOD NEWS, BAD NEWS; THE ECONOMY IS IMPROVING AND PRICES ARE RISING

By in Personal Finance, Saving

UNSCIENTIFIC EVIDENCE

RISING PRICES?

After spending most of the week-end inside, El Carino and I decided on a quick run to the mall in the hopes of scoring some bargains. With increasing inflation, we are stocking up on items that will endure.

We split up immediately, El Carino to FYE for music and DVD’s and I headed off to NY & Co. After combing the 70% off racks, I left empty handed.

We met up in FYE where I found my wonderful spouse diligently combing every aisle. The ‘EVERYTHING ON SALE” sign propelled his thorough exploration, as the store was closing and he didn’t want to miss anything. Apparently, along wtih Blockbuster and countless other bricks and mortar media stores, this location of FYE was closing. This is part of the bad news, another beloved shopping destination is closing.

HERE’S THE GOOD NEWS!

The mall was packed! I haven’t seen it this busy in several years. Even though it is a minor shopping week-end, President’s Day, the crowds are overwhelming. Woo hoo.

Either the economic doldrums are abating or the entire city is fed up and decided to shop in spite of their financial situations’.

I’m going with the former.

NOW THE BAD NEWS!

As an expert bargain shopper, I know a “real sale” from a “pseudo” sale. The quantity of deep discount merchandise at NY & Co was less than usual (thus no purchase by me). The new items seemed priced a bit higher than recent seasons.

Beware, inflation is back, as usually happens WHEN ECONOMIC GROWTH PERKS UP.

What economic trends have you noticed in your area? What are your strategies to handle higher prices?

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