How to beat the higher cost of living

Perhaps you've noticed: Living is expensive.


In January, you paid an average 3.9% more for basics -- the roof over your head, the food in your fridge, the visits to your doctor -- than you did 12 months earlier in Southern California.

A government forecast says that food in general will set you back 3.5% more this year.

People are coping in many ways -- patronizing the public library instead of the bookstore, kicking the brand loyalty habit, arguing (often successfully) with credit card companies, finally taking their fathers' advice to check the tire pressure, mowing their own lawns.

Check out some dollar-stretching tips.
Tweaking your household finances to save hundreds of dollars a year doesn’t have to hurt — too much.
Create your own budget
Savvy shoppers can find name-brand and organic products at discounters like 99 Cents Only.
Shopping tips
Contrary to how it feels, stuff is cheap. Really. So why do we feel so squeezed?
Quick econ lesson

'Educate yourself about the economy'
A family watches pennies to get by: 'Educate yourself about the economy'
March 9, 2008

'When I got my gas bill, I couldn't believe my eyes'
Turning over a new financial leaf: 'When I got my gas bill, I couldn't believe my eyes'
March 9, 2008

'I try to stretch everything'
Parking the Porsche and walking to Il Fornaio, he tries to 'stretch everything'
March 9, 2008

After food, rent and transportation, 'basically nothing left for splurging'
March 9, 2008

David Lazarus
Deanna Corbin, 46, would live in Los Angeles if she could. But she can't, at least not with a modicum of space and safety, not on her $38,000 salary as an administrative secretary.
March 9, 2008

Rising fuel prices are a driving force for change - away from autos
A street-level look at how Southern Californians stretch their dollars in a sputtering economy
By Alana Semuels
Some L.A. residents are relying more on bicycles, trains, buses, scooters and carpooling - or just walking.
May 9, 2008



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Discussion

What are you doing to beat the high cost of living today?
 
1. Bonz - I was in a similar boat - no health insurance because I am self employed; then I got Blue Cross; guess what? Now I have $50K in medical bills - blue cross denied most of the bills - said they weren't covered in my policy; I had gotton the blue cross because my son had to have an apendectomy & we had no insurance -medical denied us. So I am hoping U don't get ill or have an accident; as far as the high cost of living; I know people losing everything right now - their homes, everything. Because our work was related to the mortgage industry.
Submitted by: JaneBryant
5:39 PM PDT, Mar 11, 2008
 
2. To LA Transplant...I agree with all you said, except...where did you see homes for $500k?? I lived in Thousand Oaks and our TINY 1,00 sq. ft. post war crackerbox bungalow that needed to be gutted sold for about $700K!!! (we paid $300K but that was 8 years ago) We had a 12 year old Honda Accord and ZERO debt. TOTALLY frugal. Husband made about $125K a year and that BARELY paid our BASIC bills. Condo's were running in the $500K's at least...
Submitted by: Maggie
8:27 AM PDT, Mar 11, 2008
 
3. I wonder how many people here are paying down debt or saving money? In my experience it's very few. They always talk about how they are saving money by doing this or that, but they still can't make ends meet. Why is that? It's almost always because they find another way to spend it! An extreme example of that is a 50,000 dollar car. LOL Oh, by the way....... I know this is off-topic, but my diet is going great! I have lots of great tips to help you lower your calories. As a matter of fact, I did so good today that I going to celebrate with an ice cream bar. Oh....... it's LOW calorie! I can have 2 or 3! Yeah!
Submitted by: Bryan Bates
2:38 AM PDT, Mar 11, 2008
 



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Is L.A. too expensive?

Way too expensive. I'm outta here.
About what you'd expect for a city this size.
Not if you skip the sushi and spas.


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