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Persistent inflation keeping grocery prices high for consumers [Video]

Persistent inflationary pressures in the U.S. economy have kept prices for groceries high even as inflation has eased somewhat in other sectors of the economy.

The Bureau of Labor Statistics’ monthly consumer price index (CPI) report for January released last week showed that prices for food at home – the classification for food bought at the store to be prepared at home – were up 11.3% compared to last year. That figure is well above the overall inflation number, which came in at 6.4% year-over-year as of January and is down from a 40-year high of 9.1% in June 2022.

The high cost of groceries hits fixed- and low-income families particularly hard. For those receiving Social Security, the 8.7% cost-of-living-adjustment (COLA)that took effect in January 2023 – which is the largest since 1981 and boosted the average monthly benefit by about $140 – still leaves beneficiaries with relatively less income for groceries compared to a year ago even with …

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2025 Resolution: Bootstrap a Startup with a Paycheck to Go From Developer to Entrepreneur [Video]

Are you thinking of starting a venture alone in 2025? Fred Luddy founded ServiceNow as a Solo Entrepreneur Bootstrapping with a Paycheck. Today, ServiceNow is one of history's most successful SaaS companies. I discussed his startup journey in great depth with Fred. His case study is included in the 1Mby1M Curriculum. And, we have an entire curriculum module dedicated to Solo Entrepreneurs, complete with numerous case studies from various segments of the market. You can join 1Mby1M Basic, and everyday, spend a couple of hours with a successful entrepreneur. Listening to one or two of my in-depth interviews. It's like having coffee with two experienced entrepreneurs who explain how to put one foot before the other. Education and Inspiration would flow effortlessly. You would save a lot of time by avoiding common mistakes. Try it. Let me know how it goes. If you think you need help, consider a free online mentoring session with me. You can also jump into a full