Phil's Financial Tip of the Day:
Gas prices
As I was driving around today and kept passing gas station after gas station, I couldn't believe how the price of gas has gone up so much since the beginning of this year.
http://online.wsj.com/article/SB10001424052970204880404577228912836310838.html?mod=ITP_pageone_1
Then I looked up how much it has gone up in the last 3 years during this administration and was further flabbergasted:
Price of Unleaded regular gas at Woroco 256 Route 10 New Jersey:
1/20/09= $1.57
2/20/12 =$3.39
Since I have a minivan, there is nothing much I can do or suggest except drive only when necessary. I refuse to buy a "dumb car" so I am at the mercy of the oil prices in making my decisions just like most of you are.
I will just have to go through the budget and see where I can cut if the prices keep going up. I will also drive only when necessary.
As of now it looks like our annual Memorial Day vacation is in jeopardy-especially if there will be $5.00 a gallon gas as predicted.
Quote of the Day from Dave Ramsey.com:
Are you bored with life? Then throw yourself into some work you believe in with all your heart, live for it, die for it, and you will find happiness that you had thought could never be yours. — Dale Carnegie
Starting Monday February 27th, please listen to the Dave Ramsey show live on WOR 710 from 2-4 PM EST. You can also listen to the 3rd hour 4-5 PM EST on Dave Ramsey.com
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