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Respected Contributor
Posts: 4,181
Registered: ‎05-31-2022

Putting off purchases

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A business channel this morning said consumers are pushing back on the rising costs of consumer goods...including groceries, cars, and some big ticket items that are not huge ticket items. Some are not buying eggs at all now and are looking for other sources of protein, etc. 

Are you putting off buying anything, hoping the price will come down to earth soon? 
DH wants to get another car, but the prices are insane, so he is waiting it out. 

Respected Contributor
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Registered: ‎11-02-2015

@Trailrun23 wrote:

A business channel this morning said consumers are pushing back on the rising costs of consumer goods...including groceries, cars, and some big ticket items that are not huge ticket items. Some are not buying eggs at all now and are looking for other sources of protein, etc. 

Are you putting off buying anything, hoping the price will come down to earth soon? 
DH wants to get another car, but the prices are insane, so he is waiting it out. 


@Trailrun23  Yes definitely.  Prices are just too high so I am cautious with purchases. 
Last year my lease was up on my car.  There was no inventory on any of the lots...plus moving into a new car was just getting me into a much higher payment.  I decided to purchase my lease and it was the right decision for me.  Just checked the Blue Book value and it is almost valued of what it was selling for 4 years ago.  Long story short...I will be driving my Honda for a long time.  It only has 23,000 miles on it so I'm happy to keep it.   You are right.  Prices are insane.  

Honored Contributor
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I try to save a portion of my monthly income for emergency expenditures.  I hope it will cover those purchases if/when I need a new item.   

Honored Contributor
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We have always saved for large projects, so once we have all the money we will go ahead with our plans...but DH and I eat lunch out 3x a week when I work.  The bill has gone to $20.00 +tip, and portions are smaller.

 

Prices were always very fair but over the last year prices have crept up, not unexpected but I may not always have lunch....sometimes I was not hungry but ate anyway, now I might just have a drink while DH eats.

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Respected Contributor
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I can't say we are "putting off" buying anything small or large. We aren't planning on buying any vehicles or homes any time soon so it's mostly just groceries, and an occasional dinner out or trip to visit family. I do pay much more attention to prices though. I now base our meals around what's on sale or a better deal. 

 

 

Respected Contributor
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Registered: ‎05-31-2022

After my last trip to the grocery store, I think in many cases it really is less money to eat out than buy the groceries and make the same thing at home. 

Honored Contributor
Posts: 32,639
Registered: ‎05-10-2010

I'm not putting off buy eggs or any other grocery item. I thought 2023 might be my new car year. My car is 6 years old and paid but I like not having a car note. I'll hold on to it for another year. We aren't putting off buying anything but I do want to cut back on my impulse buying.

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I paid off my car last week and yesterday my cell phone died. Cannot win for loosing.

I must admit a new phone has been needed for months but I just kept putting it off since I do not finance phones.  New one on backorder until 1/27 oh well, my fault.

Sometimes it does not pay to put off. 

I did buy eggs a couple of weeks ago and it was first time in since Thanksgiving I was shocked.  I live alone so it took me a while to see how even more outrageous the price was.

"Live frugally, but love extravagantly."
Respected Contributor
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Registered: ‎05-31-2022

I was at the grocery store yesterday and the eggs were gone...totally empty shelves. I'm sure they weren't sold out...not at those prices. Maybe they just stopped stocking so many. DH wanted me to make egg salad.,,,guess it's pimento cheese instead. 
I wonder if places that serve breakfast will change their menus to say "market price" next to the egg dishes, like they do on lobster in fine dining restaurants. 😳