Budget Review : Costlier Items

Entertainment related sectors like Televisions, Cars, Colas, eating out, SLR’s might just be subjected to an increase in price. Here we will tell you about the increase in price and also the ways to avoid such hikes and wriggle your way out of 2012 by saving wherever you can.

INCREASE: Premium SUV’s like BMW X3 and Audi Q5 will get a price increase of about 1.25 lacs. This increase will also be seen in Luxury Sedan’s like BMW 3 Series and Audi A4. Normal SUV’s will cost 80,000 more and executives sedan’s will be costlier by 25,000. Mini cars and compact cars will barely be subjected to a hike and even if they are, it wont burn a hole in your pocket.

SOLUTION: Diesel Cars will not have a hike this year. This makes buying diesel cars the best option and buying Mid level cars will help you manage your budget.

INCREASE: Service Tax and Other taxes will also increase in the food and beverage area. Also Coca Cola PET Bottles will increase by about 4-5%.

SOLUTION: You better stick to safe and healthy food like home food and drink more juices rather than coke.

INCREASE: The latest in trends, your Digital SLR Camera will be costlier by a staggering 15% and Digicams and camcorders will be costlier by 5%. Also LED and LCD TV’s will cost 5k more.

SOLUTION: Technology will increase every year so whatever you buy, take it as an investment over 3 years so that the cost will spread and the technology is also not outdated.