According to the Daily Finance on Jan. 1, certain things in our society are going to have a price increase and it doesn't matter if we fall off the so-called fiscal cliff or not. The fiscal cliff applies to tax rates, for the most part.
What will definitely increase, though, are the prices of certain types of consumer goods. Groceries, cars and health care are a few of the things that you will be handing over more of your hard-earned bucks for this year.
“A used car may not get as good mileage as a new one, but you'll never save enough money at the pump to offset the money you'll save buying used. Consider a used or refurbished iPhone 4 or 4S for the same reasons," said Grandpre. "Not only will you dodge the full price of a newer iPhone, but you'll be able to use older cables and speaker docks that are hitting their best prices in history as manufacturers move to Apple's newer Lightning connector."
Here are a few of the things just about guaranteed to go up in price in 2013.
- Cars due to having to meet fuel efficiency standards
- Groceries by as much as four percent
- Health care premiums
- High-end TVs and home theater systems
- Personal computers due to the popularity of tablets
- Copper which will also affect the prices of beer and liquor
- State college tuition due to states cutting subsidies
Hopefully, our legislators will fix the fiscal cliff so we don't go plunging over and end up paying more taxes and shell out more for these types of goods at the same time.
Happy New Year!
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