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Why Your Shopping List is a Financial Report Card!
Takeaways:
- The podcast kicks off by discussing what the Wall Street Journal coined as 'financial triage' in grocery shopping today.
- Prices are definitely rising; coffee has shot up by 20%, and ground beef is up by 12%, wowza!
- Using coupons isn't just a money-saver; it’s a strategic game plan for navigating tight budgets.
- Grocery shopping these days feels like a math exam because we’re all calculating costs at every aisle.
- The grocery store is a real-time reflection of our economy, where we feel the pinch every week.
- The episode wraps up by inviting listeners to share their thoughts on how grocery prices are impacting their shopping decisions.
Companies mentioned in this episode:
- Albertsons
- Wall Street Journal
Links referenced in this episode:
Transcript
This is the Daily Note.
Speaker A:I'm James A.
Speaker A:Brown.
Speaker A:Financial triage.
Speaker A:That's what the Wall Street Journal calls what we're doing in grocery stores now.
Speaker A:Coffee is up 20%, ground beef up 12%.
Speaker A:Even bananas are up 6%.
Speaker A:The CEO of Albertsons says coupon usage is up too.
Speaker A:That that detail hits differently than all these abstract percentages, doesn't it?
Speaker A:Using coupons means planning around what you can't afford, making choices before you even get to the store, doing math on every aisle, myself included.
Speaker A:We're all performing some version of this calculation.
Speaker A:The grocery store never lies about the economy.
Speaker A:You can't avoid it, can't wait it out, can't shop around it every week.
Speaker A:Same choices, same too small budget.
Speaker A:So what do you think?
Speaker A:What's your grocery store telling you?
Speaker A:Let me know on jamesabrown.net on that note.
Speaker A:I'm James A.
Speaker A:Brown and as always, be well.
