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A comment on U.S. annual inflation rate drops to 8.5%. Parent comment

Re:U.S. annual inflation rate drops to 8.5% by scottLobster on Wednesday August 10, 2022 @10:51AM (#32412970)
Oh yeah, I use Mint for the same. It's really fun watching my cost-cutting measures getting eaten alive by inflation in real-time :) I also find myself slowly sliding down Maslow's hierarchy. I used to be focused on achieving my dream job, now I'm strongly considering work I don't like because it pays more (being the sole income for my family is a major factor there as well). "Good enough pay for awesome work" is not a viable objective at the moment. And I'm lucky to even have that option.

Something's got to give. Thankfully we're starting to see some actual government investment in US industry for the first time in forever, but it'll take years for any results to bring down prices.

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Re:U.S. annual inflation rate drops to 8.5% by dmix on Wednesday August 10, 2022 @11:03AM (#32413189)
Yeah it's amazing how much you can accomplish just by minor things like not using DoorDash constantly and having caps on spending on electronics on Amazon.

YNAB is much nicer than Mint IMO. Mint feels more like a toy.

With YNAB you do something called "envelope budgeting" (just a digital version) https://www.thebalance.com/what-is-envelope-budgeting-129368...

I've found being obsessive with tracking expenses is a good way to lose motivation (like going to the gym) so it's good to have a simple pattern to get used to.

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Re:U.S. annual inflation rate drops to 8.5% by anotheracctfo on Wednesday August 10, 2022 @02:54PM (#32416794)
Yeah its been wild seeing my grocery budget max out before the end of the month, despite having a good buffer a year before. YNAB has a great "cover overspending from" feature that got a good workout this year. Fortunately I got a raise so I used that to bump my food budget.

Anybody who doesn't demand a raise in this environment is a fool.

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Re:U.S. annual inflation rate drops to 8.5% by swayvil on Wednesday August 10, 2022 @11:23AM (#32413507)
I'm feeling that Maslow slide too. Expect a really clever money-making idea to come along any time now.
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Re:U.S. annual inflation rate drops to 8.5% by skinnymuch on Wednesday August 10, 2022 @01:05PM (#32415270)
Have you not heard of the wonders of NFTs?
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