Trying to afford basic essentials right now is becoming a daunting task.
- Inflation rates are the highest they have been in 40s years and we’re all feeling the strain one way or another.
Gas prices shot up 40 cents in a single day last week, and I simply couldn’t believe it! I am one of the luckiest people that I know because I don’t have to commute to work everyday. My job is done remotely from home, so the only gasoline I use is when I’m running errands, going to appointments, or hanging out with friends or family. But with the rising gas prices, I might have to put a hold on some of those plans as I figure out a way to afford my growing expenses. I’m relieved that I got rid of my old oil furnace last year and replaced it with a heat pump. I was able to utilize the existing ductwork from the oil furnace with the heat pump, making the installation process fairly straight forward. I can’t imagine trying to afford oil to heat my house this coming winter season with oil and fuel prices being so incredibly high right now. It’s one thing to deal with these costs in one’s car, but it’s even worse when you have to utilize oil for indoor heating as well. Heat pumps are much more energy efficient than their oil burning brethren. They’re also effective at producing warm temperatures as long as the weather outside isn’t too extreme. Once temperatures get below 30 degrees, it gets harder for the heat pump to extract heat from the surrounding environment and you might need a supplemental heat source.