Where is the cost of living crisis exactly?

Standard grocery items can be up to 40% depending on the item. Motor fuel was nearly 2x the price at peak versus a year earlier, despite a substantial duty cut. Electricity and gas are up 40%+ even when on the best plans.

This is a very wealthy country, and the people you see in restaurants etc have the headroom financially to cope with rises - to a point. Not everyone can.

I've barely noticed it, with a quite energy efficient house*, a car I use for leisure only, and a decent income. In Winter I will definitely notice the energy price bits. But that doesn't mean its not hammering those on lower incomes, in more marginal housing.

*which is only so as I've spent five figures on doors, windows, attic insulation, heating upgrades, premium appliances and so on. Not an option when you are broke.

You do know it affects the low and middle incomes. You sound like you're doing ok... you probably shouldn't gloat about it though.

Restaurants are full, pubs are at decent capacity, retail shops are doing reasonable for this time of year buy quess what? There are people who work in those restaurants, cafes, shops, the airport who are paying 50+% on their rent and now energy and food prices have gone up.

I work with families in poverty and can definitely see how it's impacting them. The jumps in gas/electricity in particular are biting. Many would have prepay meters which are just eating money at this stage.

Fortunately for some with the schools off the cost of fuel isn't as big a concern as in early summer.But it's all the price hikes in foodstuffs and that. When you're on a budget with little or no scope for finding the extra few euro then the crisis is real.

Personally I've been able to just about manage, the cost of fuel for the car would probably be my biggest concern.

Let me guess, PE teacher?

It's certainly not economics anyway.

Isn't the fact that you're cutting down on spending the entire point? When you cut your spending as an individual it makes no real difference. When the entire country cuts down on spending, people go out of business and lose their jobs and spending contracts again, and so on. So you get a recession along with increased prices.

That's my understanding anyway.

The point still stands that people can ease the cost burden by making changes themselves. Walk or cycle more instead of driving 1-2km up the road. Do you really need 2 cars for the household? Get rid of Sky Sports as it's not a necessary. Become more efficient at home when using electricity i.e not leaving the TV on standby, turning off lights in rooms your not using etc etc. Do you really need avocados on toast? Will a tin of beans not suffice? Can you not use the likes of those all in one phone plans for 11.99 per month instead of expensive bill pay plans? There just some examples. It's not rocket science. People just need to become more aware of how they can cut back on expenses.

The people who are suffering particularly badly don't have two cars (or often one car), they don't have Sky Sports and they aren't having avocado toast (that's such a tired right wing meme at this stage).

There isn't that margin to save for people who are already in the ****. It might stop you getting that broke if you were middle income before though.

I earn TWICE what OP earns and am struggling with increases

Its everyone

....

Just tells me that some sectors are overpaid and bloated to the point that ignorance sets in judging op like this.

Maybe an overall correction is needed

Might bring costs down and inflation.

I'd say it's more likely the box room in their Ma's house.

I'm a teacher with two children and a third on the way. We're absolutely feeling the pinch, mainly with fuel costs, rising esb bills and grocery costs, but we are lucky that there are things we can cut back on. Planned home renovations have been put on hold indefinitely. Childminding fees will be halved when I go on maternity leave. Our holiday this year is house swopping for a week with my sister in law who lives by the beach 2 hours away from us. Family days out capped to free activities.

I think the degree to which you feel feel crises is so individual depending on your circumstances. For example we have a mortgage, child care fees and a car loan as well as creditcard debt. We have one low earner and one mid earner in our household. A similar sized family without debt would not be feeling the pinch as much as us, on the other hand a family with only one mid to low earner and a stay at home parent would feel the pinch more. A singleparent family more again...etc.

Experiences are so individual I really don't think any two households will experience this crises the same way.

cause we re all the same, we all experience life exactly the same, we all are in the same place in life, in particular in relation to finances, i.e. the cost of living for all, is always the same, always.......oh wait!

Surely your joking 😳 minor increases in some food products 😳

March 2022

Butter own Brand €2.29, Now €3.49

Cream own Brand €1 now €1.49

Milk 1 litre own brand €0.79 now €1.39

I'll focus on Dairy but shocking increases weekly on Meat and other products.

Diesel & Petrol 😳 need I elaborate

Utility prices, Need I elaborate 🤔

Every day necessities, need I elaborate 🤔

Of course inflation partly to blame, but seriously, weekly blatant price gouging is taking the absolute Pee & few, actually no one calling it out.

Gotta hate this age of the big corporations during which this cost of living crisis gets worst for the poorest all the while these large these companies make records profits.

Costly wars popping up at the same time further impacting some countries spending. Funnily enough to large companies who will make record profits from that too.

But really this thread isn't about that, it is an old school will waving contest attempt by the OP. Ohhhh look at me I'm so rich and frivolous all these cost of living increases don't even affect me.

Probably apart from putting the butler on half days or something.

😜😆

There's a honeymoon period occuring with people going on holidays they have already booked since the end of the pandemic restrictions. So things look good interms of restaurants packed and busy holiday towns etc... But there's a big hangover coming once back to school costs kick in along with rising foods costs, fuel, repaying loans for holidays and the big one, mortgage interest increase.

'keep the recovery going'!