39 votes

Can I hedge my household expenses using the financial markets?

You don't consume enough of any one good to make hedging with futures economical. I'll present an alternate method - you hedge against risk in household expenses by setting a budget and sticking to it....
D Stanley's user avatar
  • 133k
37 votes

Is $3,7 USD for 340 grams/11.9 oz of "creamy" Skippy-brand peanut butter expensive from an American's perspective?

You've got two or three factors jacking up the price from what you'd pay for peanut butter in the US, which is probably where most of those cheap meal suggestions come from. First, Skippy is a highly-...
jamesqf's user avatar
  • 11.1k
22 votes

Is $3,7 USD for 340 grams/11.9 oz of "creamy" Skippy-brand peanut butter expensive from an American's perspective?

You careened out of your way to pick a bad product on several levels. It’s an American name and taste. Its target market is American expats and others with strong desire for the American “taste”, ...
Harper - Reinstate Monica's user avatar
11 votes

Can I hedge my household expenses using the financial markets?

The largest personal cost you have is probably housing - and you can hedge the risk of real estate fluctuations without use of financial instruments. ie: you can buy your home. You might not consider ...
Grade 'Eh' Bacon's user avatar
9 votes

Cost of Living Adjustment

This site gives a cost-of-living index for major cities around the world. Cleveland scores 149, Boston scores 211 and Seattle scores 198. So dividing the salary on offer by the index, you'd be getting ...
Mike Scott's user avatar
  • 23.4k
9 votes

Can I hedge my household expenses using the financial markets?

In theory (but not practical in reality), you could hedge each of those expenses with various inflation swaps, futures, and other OTC products. Housing costs can be hedged by exposing to REITs ...
Jake Freeman's user avatar
6 votes

Is $3,7 USD for 340 grams/11.9 oz of "creamy" Skippy-brand peanut butter expensive from an American's perspective?

Others have established that peanut butter is in fact less expensive in the US than in Sweden, and that is the question you explicitly asked. However, the context for your question was advice for ...
Mark Foskey's user avatar
5 votes

Moving in together, separate finances

This is almost exactly the situation my partner & I are currently in. There are a few things we took into consideration. Who is responsible for house repairs/improvements? What is the plan after ...
Maggie's user avatar
  • 151
5 votes

If I have 10 BTC in total and zero fiat, how can I calculate how long can I "burn" my BTC for my survival?

Taking the BTC out of the equation, the normal way to deal with this kind of situation when people retire (and hence don't have any further expected income, but don't know how long they will live or ...
Vicky's user avatar
  • 24k
4 votes

How much should we have/save before having a child? Baby planning a couple years out

My wife and I just had our first child and we did not have anything "saved" due to other major expenses right before, but we had a good amount of extra money each month. Giving you an amount of money ...
Nosjack's user avatar
  • 8,495
4 votes

Is $3,7 USD for 340 grams/11.9 oz of "creamy" Skippy-brand peanut butter expensive from an American's perspective?

Google tells me that 340g of peanut butter has eactly 2,000 calories. At 3.7 USD, this would be 540 calories per $. As a comparison, for a 15.5 oz can of beans, there is about 682 calories. Per this ...
Grade 'Eh' Bacon's user avatar
4 votes

Is there a measure that uses both cost of living plus income?

The key term you're looking for is "purchasing power parity", which considers the local prices of goods and services when making comparisons between countries. For example, you can look up the GDP by ...
GS - Apologise to Monica's user avatar
4 votes
Accepted

Live off of $100k in savings for as long as possible

The terms you have set are on the edge of possibility with luck and much sacrifice, but definitely not recommended. You will have a meager existence at best. The MIT-estimated poverty wage (not ...
nanoman's user avatar
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4 votes
Accepted

Which of these countries makes most financial sense?

One huge problem with those "cost of living comparison" lists is, they are just political. Because you simply have to price different factors in different ways. For example, anyone would agree that ...
Fattie's user avatar
  • 13.8k
4 votes

Can I hedge my household expenses using the financial markets?

If your costs are in US dollars, I-Bonds adjust yield and TIPS adjust principal periodically using the US government's CPI-U measure of consumer price inflation, including food and energy. Whether the ...
user662852's user avatar
  • 8,379
3 votes

Which of these countries makes most financial sense?

A cost of living index is used to compare the cost of living in different locations. These lists are compiled by city or by country. You can find them by searching Google. For example, if you search “...
Ben Miller's user avatar
  • 115k
3 votes

Cost of Living Adjustment

According to the NerdWallet, an income of $65,000 a year in Cleveland equates to about $97,000 in Boston and $94,000 in Seattle. Housing will be your biggest cost - take a look at some rental sites to ...
Michael's user avatar
  • 10.2k
3 votes

Moving in together, separate finances

This is NOT a financial decision. I repeat this is not a financial decision. It is a beliefs and values decision. Therefore I will answer based on straight opinion, not math. Short answer: this is a ...
ProtoHumanCam's user avatar
3 votes

Can I hedge my household expenses using the financial markets?

Yep... you could buy in bulk. If you think the price of toothpaste will go up in the next week, bulk buy 50 tubes now. If they go up, you've won, if they stay the same, you haven't lost anything. ...
Cloud's user avatar
  • 3,655
3 votes

If I have 10 BTC in total and zero fiat, how can I calculate how long can I "burn" my BTC for my survival?

But what then if the Bitcoin price doesn't go up, or even goes down? Or happens to be low each time I sell them on my schedule? but I've determined that all "lending" options are either ...
glglgl's user avatar
  • 5,417
3 votes

Why do US Social Security benefit estimate increases vary so much from year to year?

Since 1975, Social Security's general benefit increases have been based on increases in the cost of living, as measured by the Consumer Price Index. We call such increases Cost-Of-Living Adjustments, ...
RonJohn's user avatar
  • 50.7k
2 votes

Moving in together, separate finances

Your plan seems fair - one partner is saving $500 in rent with nothing in return (financially, at least) AND getting a bigger (presumably) home. The other is saving $500 on the mortgage and keeping ...
D Stanley's user avatar
  • 133k
2 votes

Moving in together, separate finances

I think you should consider the opportunity cost the person with the mortgage on the home may be subjecting themselves to in offering the rent-ee to pay half of what they used to pay at their previous ...
schizoid04's user avatar
  • 2,735
2 votes

Which of these countries makes most financial sense?

For once I agree with @fattie, at least in principle. The "best place to live" depends on a million factors, many of them hard to quantity. Let me add a few more: As Fattie notes, a better education ...
Jay's user avatar
  • 22.6k
2 votes

Live off of $100k in savings for as long as possible

Head for Alaska. Assuming you have access to some kind of training and common sense, you could purchase a small plot of land and build a small cabin for very little out there and live off the land. ...
Kai Qing's user avatar
  • 1,217
2 votes

Is $3,7 USD for 340 grams/11.9 oz of "creamy" Skippy-brand peanut butter expensive from an American's perspective?

$3.70 for an 11.9 oz jar is expensive. Where I live in the USA, a 16 oz jar costs a bit under $3.00 For most of my life I didn't care much for peanut butter. Then about 8 years ago a switch flipped ...
Bob Baerker's user avatar
  • 76.1k
2 votes

Can I hedge my household expenses using the financial markets?

There's no futures market for most retail consumer products to support individuals hedging. As others have mentioned, housing is one of the biggest expenses you have, so buying a home or having a long-...
Barmar's user avatar
  • 1,975
2 votes

How can I work fairly little and maintain a reasonable living standard?

There's the idea of living somewhere very cheap. Note that many folks are incredibly out of date on "where" it's cheap to live. Yesterday's third-world PT-Paradises are now as expensive as ...
Fattie's user avatar
  • 13.8k
2 votes

Is there any official/governmental website for cost of living in the US cities?

You could use the GSA adjustment map, which for example lists the Bay Area as 42.67% higher than the base pay. They have 53 rating areas. (Note: this linked map itself isn’t official, but it is using ...
Joe's user avatar
  • 35.8k

Only top scored, non community-wiki answers of a minimum length are eligible