Comments on: The Cost of a Family Cookout is Soaring – And by Soaring, I Mean $1.65 http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/ Helping a unique generation achieve financial independence. Fri, 19 Mar 2010 18:02:11 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Sunday Money Roundup - One Month From Today. « Lennyvs’s Weblog http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-76020 Sunday Money Roundup - One Month From Today. « Lennyvs’s Weblog Thu, 05 Jun 2008 19:56:43 +0000 http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-76020 [...] X Finance is all about the soaring cost of food…if by soaring, you mean $1.65 more. Go check out what Jeremy is talking [...] [...] X Finance is all about the soaring cost of food…if by soaring, you mean $1.65 more. Go check out what Jeremy is talking [...]

]]> By: A Short List of Personal Finance Resources From The PF Community @ The Roundup http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-75760 A Short List of Personal Finance Resources From The PF Community @ The Roundup Mon, 02 Jun 2008 15:42:51 +0000 http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-75760 [...] X Finance: Because of some inflation in food items, your family cookouts will now be more expensive. By about $1.65 more this [...] [...] X Finance: Because of some inflation in food items, your family cookouts will now be more expensive. By about $1.65 more this [...]

]]> By: Change is Bad, Change is Good, Change is Coming! » Money Smart Life http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-75545 Change is Bad, Change is Good, Change is Coming! » Money Smart Life Fri, 30 May 2008 13:18:31 +0000 http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-75545 [...] – GenX Finance looks at the cost of a family cookout [...] [...] – GenX Finance looks at the cost of a family cookout [...]

]]> By: David http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-75457 David Thu, 29 May 2008 14:51:14 +0000 http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-75457 Food costs are running ahead of inflation though, not a good trend. Food costs are running ahead of inflation though, not a good trend.

]]> By: Beyond Paycheck to Paycheck http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-75415 Beyond Paycheck to Paycheck Wed, 28 May 2008 19:37:38 +0000 http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-75415 The $1.65 increase in your cookout (assuming you can't find a way to mitigate it through intelligent shopping) is less than the cost of one fountain soda at most fast-casual restaurants. Sure the restaurant may still charge $1.99 (plus tax, plus gratuity) for the coke like last year, but obviously choosing that meal over cooking at home isn't going to free up any cashflow. The $1.65 increase in your cookout (assuming you can’t find a way to mitigate it through intelligent shopping) is less than the cost of one fountain soda at most fast-casual restaurants. Sure the restaurant may still charge $1.99 (plus tax, plus gratuity) for the coke like last year, but obviously choosing that meal over cooking at home isn’t going to free up any cashflow.

]]> By: Molly B. http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-75410 Molly B. Wed, 28 May 2008 17:27:44 +0000 http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-75410 I'm pretty exasperated with the media's recent fascination with frugality. I have to roll my eyes when I see a story that suggests that it's a real sacrifice to reduce trips to the mall to one a week or quit buying so much top sirloin. Many of us have been doing this all along--where has the media been, anyway? I’m pretty exasperated with the media’s recent fascination with frugality. I have to roll my eyes when I see a story that suggests that it’s a real sacrifice to reduce trips to the mall to one a week or quit buying so much top sirloin. Many of us have been doing this all along–where has the media been, anyway?

]]> By: Jeremy http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-75406 Jeremy Wed, 28 May 2008 15:10:49 +0000 http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-75406 While all food costs are increasing, unless you're living on the bare minimums only such as rice, flour, milk, bread, eggs, the actual impact is very manageable. Consider a $100 weekly grocery bill. A 6% increase is just $6 a week. If you consider that 3 or 4% of that should be due to standard inflation rates, you're only talking a couple dollars each week. If you can't find a way to shave 5 or 6 bucks from your $100 weekly bill, you're doing something wrong. So while food is a necessity and people obviously feel the effects, it is also one of the easiest ways to cut money out of your budget. We're not talking about people in poverty and living on food stamps, but the average person that these media outlets pander to. While all food costs are increasing, unless you’re living on the bare minimums only such as rice, flour, milk, bread, eggs, the actual impact is very manageable.

Consider a $100 weekly grocery bill. A 6% increase is just $6 a week. If you consider that 3 or 4% of that should be due to standard inflation rates, you’re only talking a couple dollars each week.

If you can’t find a way to shave 5 or 6 bucks from your $100 weekly bill, you’re doing something wrong.

So while food is a necessity and people obviously feel the effects, it is also one of the easiest ways to cut money out of your budget. We’re not talking about people in poverty and living on food stamps, but the average person that these media outlets pander to.

]]> By: MilkYourMoney http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-75405 MilkYourMoney Wed, 28 May 2008 14:57:56 +0000 http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-75405 Although its worth discussing the cost of food overall is increasing. Nearly every meal made a day now cost more, which adds up to way more than $1.65. A 6% overall increase in food expenses can really affect families is a negative way. To be simplistic, the price of oil has to start coming back down to help us ease out of our current financial crisis. Although its worth discussing the cost of food overall is increasing. Nearly every meal made a day now cost more, which adds up to way more than $1.65. A 6% overall increase in food expenses can really affect families is a negative way. To be simplistic, the price of oil has to start coming back down to help us ease out of our current financial crisis.

]]> By: Nicole http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-75399 Nicole Wed, 28 May 2008 10:54:29 +0000 http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-75399 This is great. Did you know that consumer confidence is at a 16 year low and people spent 11 million dollars less driving over the long weekend? When I read such "exact" numbers, I want to ask things like, how many people did you ask? This is great. Did you know that consumer confidence is at a 16 year low and people spent 11 million dollars less driving over the long weekend? When I read such “exact” numbers, I want to ask things like, how many people did you ask?

]]> By: MoneyDummy http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-75391 MoneyDummy Wed, 28 May 2008 01:28:31 +0000 http://genxfinance.com/2008/05/27/the-cost-of-a-family-cookout-is-soaring-and-by-soaring-i-mean-165/#comment-75391 I really enjoy articles like this because they put a metaphorical face on the evil phantom that this recession talk (and I say "talk" because there is no actual recession) has looming over us. Yes, prices are going up, but the percentages don't translate into unbearable numbers for most of us, and many consumers need that message of hope. I guess that's the point of blogs, isn't it? A grass-roots counter-media source that can counteract some of the mainstream messages that are scaring the bejeezus out of people. I really enjoy articles like this because they put a metaphorical face on the evil phantom that this recession talk (and I say “talk” because there is no actual recession) has looming over us.

Yes, prices are going up, but the percentages don’t translate into unbearable numbers for most of us, and many consumers need that message of hope.

I guess that’s the point of blogs, isn’t it? A grass-roots counter-media source that can counteract some of the mainstream messages that are scaring the bejeezus out of people.

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