With the decline of the economy and inflation rising, it is crucial for homeowners to be smart with planning how much they’re going to spend for food, transportation, and utilities. Some purchases need to be put on hold, and everything else has to be budgeted.
NEW YORK (CNNMoney) – If you feel like things are starting to cost a bit more, you’re right.
The Consumer Price Index rose 0.2 percent in March, slightly higher than the 0.1 percent economists had forecasted. Year over year the CPI is running at 1.5 percent. The Bureau of Labor Statistics said increases in the shelter and food costs accounted for most of the rise.
The energy index, in contrast, declined slightly last month as decreases in gas and fuel oil more than offset increases in electricity and natural gas.
Today’s report shows that prices seem well contained, unless, of course, you had to go out and buy food or heat your house,” said Joel Naroff , president and chief economist at Naroff Economic Advisors.
There’s only one thing that can ruin a perfectly planned budget: unexpected damage in the house that needs repair ASAP. Thus, it is wise to invest on durable installations so that you may lessen your expenses for repairs in the future.
For instance, putting on a good and sturdy energy efficient roof on your house will help you save on repair costs and will help you be at ease regardless of what weather you experience. It’s also important that you choose roofers who guarantee to do a good job so you can get the most out of the money you’ll be spending. If you want an experienced Newport News roofing contractor, call The Roofing and Remodeling Company.
Their well-trained roofers are certified by GAF and the EPA so you can rest assured that you are in good hands when you hire them for any home improvement task, especially for roofing in Newport News VA. Give them a call today to get a free estimate and start preparing for the future.
(Article Excerpt and Image from Housing, food costs on the rise, wdbj7.com)