{"id":93748,"date":"2026-04-22T22:36:33","date_gmt":"2026-04-23T03:36:33","guid":{"rendered":"https:\/\/www.bricktowntom.com\/blog\/?p=93748"},"modified":"2026-04-22T22:36:33","modified_gmt":"2026-04-23T03:36:33","slug":"what-to-spend-on-when-inflation-is-high","status":"publish","type":"post","link":"https:\/\/www.bricktowntom.com\/blog\/04\/what-to-spend-on-when-inflation-is-high.html","title":{"rendered":"What to Spend On When Inflation Is High?"},"content":{"rendered":"
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Hey Everyone! I need a little help. Last week, I received a question about inflation spending. Basically, the reader asked if there is anything we should buy ahead of time to head off future inflation. I did some research and only came up with a few things. Okay, here is the question (edited for clarity) and I\u2019ll share my thoughts after.<\/p>\n

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My wife and I thought of an idea to buy things early that could help avoid future inflation. For example, we bought new bed sheets and left them unopened. Imagine you want new bed sheets every 5 years. If you expect to live another 50 years, you could buy 10 sets of bed sheets and you\u2019re set for life! Obviously, we can\u2019t buy everything \u2013 especially food.<\/p>\n<\/blockquote>\n

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Question \/ topic for a blog:\u00a0What are the things we could buy now to help avoid future\u00a0inflation?\u00a0 The one big item is a house.\u00a0We bought our \u201cforever\u201d home when we thought of this idea and that will likely turn out to be a fantastic idea. What else though? Are there things we could buy now that we will want in our 50s, 60s and beyond? What things are easy to store and don’t take up much room? Have you ever thought about this?<\/p>\n<\/blockquote>\n

Good Buys<\/h2>\n

Whoa, that\u2019s a tough question for me because I dislike spending money. The obvious answer is a house. If you purchased a home<\/a> before 2021, you locked in a great interest rate and probably a pretty good price. Many homeowners refinanced and got a great rate as well. Those locked-in rates are lower than inflation today. That\u2019s free money! I don\u2019t think there is any purchase that comes near this fantastic value. But, I thought long and hard and came up with a few things to spend money on.<\/p>\n

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  1. Home remodeling<\/strong>. If you\u2019re in your forever home, remodeling it to suit your needs is a great idea. You spend once and you\u2019ll get to enjoy the result for many years. If you wait, remodeling will just get more expensive. It might not have a big monetary return, but it would make life more enjoyable.<\/li>\n
  2. Health<\/strong>. Anything that improves your health is worth it. For example, a home gym would improve your health if it helps you exercise more frequently. It\u2019s worth it to be healthier while you\u2019re young. It will only get more difficult as you age. I just had my annual physical and the doctor prescribed a drug to lower my cholesterol. \"\ud83d\ude41\"<\/li>\n
  3. Wine<\/strong>. Mrs. RB40 came up with this one. If you\u2019re a wine drinker, building a wine collection might be a good way to spend. Unlike my health, the wine will improve with age.<\/li>\n
  4. Membership?<\/strong> I\u2019m not sure about this one. A lifetime membership to something you frequently use might be a good idea. Usually, there is a discount if you pay ahead. For example, a lifetime membership in the AARP costs $200. The annual membership cost $16 per year and probably will increase soon. Did you know you can join the AARP at any age? This might be a fantastic buy if you\u2019re young! <\/li>\n<\/ol>\n

    That\u2019s all I\u2019ve got. Do you have any suggestions?<\/p>\n

    Barriers to spending ahead<\/h2>\n

    Buying ahead is tough for me because of our mindset. We are trying to be more minimalist and I dislike spending money. Buying more things is contrary to our goal. I just don\u2019t believe in spending unnecessarily. We buy what we need and don\u2019t plan beyond 5 years. It’s a problem for us in several ways. <\/p>\n