Since when is “go shopping” good financial advice?

Author: Ashley

29 Sep

Ok, I’m just going to suck it up and have a gloom and doom day…

Shopping to beat inflation? I just read some advice that said to shop now. Buy stuff now that you know you will need over the next few years. Buy clothes for the kids, buy food that will keep, buy anything you know you will need because you will get a better return on your money than investing it. Yikes. You will be putting your money in something that is going to go up in price, rather than something that is going down. Even earning a small percentage on a savings account is still losing money when inflation is high.

Sigh.

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Filed under: recession