Some businesses say their customers are spending less money toward the end of the month and more focused on purchasing from cheap store brands, according to the WSJ. Dollar General said in a December earnings call that its best-performing category in its last quarter was its “value valley” aisle, which offers $1 products, the WSJ reported.
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My Social Security Sec is less than $1500 a month. The rent $750, electric $300+, water, sewer and trash another $100. House taxes were $500. That leaves $300 a month for food. One visit to the store cancels that out. $600 a year just to have a doctor on standby. The house is freezing, we own very little. I despise politicians and bureaucrats more than anyone can imagine. I'm shocked there aren't more Luigi Mangiones.
ReplyDeleteProbably explains why US credit card debt just hit 1.17 trillion dollars.
ReplyDelete- WDS
I buy in bulk at Sam's Club for some items. When Trump left office, a full cart at Sam's was under $200. It began to climb higher under Biden. I went three months ago and when they totaled my cart, it was $738 and change, including tax. I about dropped my jaw; the previous visit was only about $500.
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