Planned Solutions
Planned Solutions
Planned Solutions
Inflation Is Cooling, But Many Households Still Feel the Pinch, The True Cost of Teen Driving & New Social Security Website
25 minutes Posted Sep 26, 2024 at 8:35 am.
pm shotgun start, 5:30pm dinner
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Show notes
Welcome to the⁠⁠⁠⁠⁠⁠ ⁠ @plannedsolutions ⁠ ⁠⁠⁠⁠⁠⁠Incorporated Podcast. In this episode, we discuss the rate at which prices were increasing has eased but many households are still feeling the pinch from inflation. One of the factors that explains why some households are feeling more of the pinch than others is that inflation has not been evenly distributed across all goods and services. Instead, certain categories have experienced higher inflation than others so the mix of a given household's normal spending will have a big impact on their individual inflation rate.
Also, The costs of adding a teen driver are often far more than most parents anticipate. There are the obvious costs of an additional vehicle, higher insurance premiums, and increased fuel costs. However, there are also the higher costs that often come with the increased freedom that teens can enjoy when they are able to drive themselves. These include higher household food, entertainment, and shopping expenses.
As well, The Social Security Administration is updating its website which will require long-time users who registered under the old system to update their accounts. Setting up access to a Social Security account before it is needed is good policy as other forms of accessing Social Security information, such as calling or visiting a local office, can lead to long delays in accessing information that may be needed to file for benefits or file tax returns.
Plus a look at the Planned Solutions Incorporated Office Bulletin Board -
The Harlan D. Wood and Debbie Druivenga Memorial Cancer Charity Golf Tournament
Date: Friday, October 11, 2024
Location: Rancho Murieta Country Club – North Course
7000 Alameda Drive
Rancho Murieta, CA 95683
Time:
You can register by visiting: https://www.eventcreate.com/e/plannedsolutionsgolftournament2024
All profits go to cancer research and education. You can help by attending the tournament or
donating. Not golfing? Bring friends and attend the dinner.
To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail ⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠
The Personal Finance Review is published and distributed biweekly by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action.
Chase Armer's book- Financial Planning Insights is now available at:
⁠⁠⁠⁠⁠⁠⁠https://www.amazon.com/Financial-Planning-Insights-Decades-Planner/dp/1098306279?ref_=ast_author_mpb⁠⁠⁠⁠⁠⁠
Intro
Inflation Is Cooling, But Many Households Still Feel
the Pinch
The True Cost of Teen Driving
New Social Security Website
Bulletin Board
Planned Solutions, Inc.
⁠⁠⁠⁠⁠⁠https://www.plannedsolutions.com/⁠⁠⁠