As interest rates on certificates of deposit continue to slide and persistent price inflation increases the cost of everyday goods, Rosa and I are still playing economic defense. We are fighting a rearguard action in an attempt to delay for as long as possible the time when we will need to tap our principal for [...]
In the fourth quarter 2011 Nielson Survey of Consumer Confidence, respondents were asked to indicate where they have reduced spending to cope with current economic conditions. The top three categories were gas/electric utilities (64%), new clothing (58%), and out-of-home entertainment (56%). Food offers more potential for cost savings It makes sense to cut back or [...]
The first week in May marks the beginning of the air conditioning season in my part of the country. I turn off the furnace pilot light and unplug the blower. Next, I uncover the four room air conditioners that we use to cool the house, check the filters, and plug them in. Now we’re prepared [...]

