Tag: Inflation

January 6, 2026 0

Millennial Money SOS: 14 Ways to Beat Inflation

By The Admiral Staff

Millennials are feeling the impact of inflation more than other generations, leading many to pull their money out of the stock market. To combat rising costs, the article suggests 14 strategies including comparison shopping, meal prepping, minimizing food waste, opting for store brands, buying in bulk, reducing meat consumption, and utilizing reusable products. Other tips involve sharing resources, saving on car expenses, utilizing free community groups, and being aware of “shrinkflation” – when product sizes decrease while prices remain the

November 1, 2025 Off

The Last Penny? Trump’s Plan to Retire America’s Smallest Coin

By The Admiral Staff

President Trump suggested the U.S. might eliminate the penny due to its high production cost (3.69 cents per penny, totaling nearly $120 million annually for taxpayers). Following Canada’s 2012 decision to discontinue the penny, the argument centers on the penny’s economic inefficiency – costing more to produce than it contributes. While some groups, like Americans for Common Cents (funded by a zinc supplier), oppose the change due to potential impacts on charities and jobs

July 16, 2025 Off

Trump Tariffs: How They’ll Impact Your Wallet & How to Fight Back

By The Admiral Staff

President Trump’s tariffs are expected to raise prices on imported goods, impacting everything from sneakers to produce. While intended to protect U.S. manufacturers and influence trade negotiations, economists warn they could lead to inflation and a recession, already impacting the stock market and causing layoffs. Consumers can mitigate these effects by shopping secondhand, buying local or American-made, delaying purchases, utilizing online shopping tools, and exploring community resources like swaps and gardens. Current tariffs range from 10% to 50

July 2, 2025 Off

Decoding the Fed: How Interest Rates Impact Your Wallet

By The Admiral Staff

The federal funds rate, set by the Federal Reserve, influences borrowing costs across the economy. It’s the interest rate banks charge each other for overnight loans and operates within a target range (currently 4.25% to 4.50%, with an effective rate of 4.33%). When the Fed raises rates to combat inflation, borrowing becomes more expensive – impacting credit cards, mortgages, and auto loans. Conversely, lowering rates encourages spending and investment. Rising rates generally benefit

March 1, 2025 Off

2025 Supply Chain Shock: What to Stockpile Now

By The Admiral Staff

Supply chain issues are expected to persist in 2025 due to factors like extreme weather, geopolitical tensions, labor shortages, transportation bottlenecks, and rising inflation. This may lead to shortages and price increases for various products, including canned goods, pasta, coffee, baby formula, toilet paper, laundry detergent, and medications. The article advises consumers to stock up on essential items with long shelf lives, rotate stockpiles regularly, and consider supplementing income through online tasks to offset potential price increases.