The Survive and Thrive Boomer Guide

Best wishes on Martin Luther King Jr. Day

Over the years, I’ve written more than a dozen articles for Martin Luther King Jr. Day. They included his most famous quotes, how a day to celebrate King was finally approved, and how it’s a day of service, not a day off.

But one of ones I liked the best was on King’s commitment to eliminating poverty. I found it when I did research on what were King’s thoughts about consumers. In his last book, “Where Do We Go From Here: Chaos or Community?” written in 1967, King said programs to improve housing and education and to offer counseling to families were sporadically funded and uncoordinated. And, in addition, he said such programs are indirect. Each seeks to solve poverty by first solving something else.

King supported a guaranteed income for all Americans in his book.

Guide to getting bargains throughout the year

It’s January and it’s a famous month for getting lots of items on sale. However, every month of the year usually offers bargains.

Here’s information from DealNews, a website listing bargains, so you can make a plan for saving throughout the year:

January

Gym memberships, white sales with deals on bedding and towels, winter clothing especially winter coats, fitness equipment, spring travel, holiday décor

February

Winter apparel, home goods, television sets, non-traditional Valentine’s Day gifts

March

Chocolate, frozen food, St. Patrick’s Day food, cruises, gift cards, luggage

How do you want to be disposed of after you die?

At any stage of life, it’s important to have a plan for what will happen when you pass away, including how you want to be buried. What burial methods are available, how much do they cost, and how do people choose one?

To get an idea of what people’s burial plans are and why they’re chosen, researchers at Choice Mutual, a final expense life insurance agency, surveyed 1,500 Americans, analyzed their responses, and published a report; 30 percent of those surveyed were seniors.

Results of the survey are:

How do you plan to have your body disposed of after you die?

• Traditional burial – 35 percent
• Cremation – 44 percent
• Natural burial – 4 percent
• Donate to science – 6 percent
• Don’t have a plan/don’t care – 10 percent
• Other – 1 percent

Online grocery retailers heavily promote unhealthy foods, analysis shows

Online grocery platforms often undermine Americans’ efforts to eat well, according to a review of retailers’ promotions, pricing, placement, and delivery by the Center for Science in the Public Interest, a consumer advocacy group. More than half of food and beverage promotions on online retailers’ home pages and search result pages were for unhealthy products, and more than three-quarters of the food- and beverage-related emails that retailers sent promoted unhealthy products.

The center evaluated the practices of six national retailers operating in the Washington, D.C., area: Amazon Prime Now, FreshDirect, Peapod (Ahold Delhaize), Safeway, Target, and Walmart Grocery. (The latter two weren’t delivering in the District of Columbia during the early 2019 study period, so weren’t included in the ordering and delivery parts of the assessment.)

The center’s researchers created two customer accounts and collected promotional data on each retailer’s home page, and promotional, pricing, and search result data on each retailer’s search result pages for five staple products: milk, bread, cereal, drinks, and chicken. The researchers also scored the quality of the produce delivered.

Consumers, businesses need to reject single-use food packaging, group says

Consumers overlook the environmental impact of food packaging, an analysis by FoodPrint, an organization that studies food production practices, reports.

“If concern about climate change, the environment, or your personal health are motivating factors for you when it comes to deciding what you eat, it’s important to realize that those same issues are factors when it comes to food packaging,” Jerusha Klemperer, director of FoodPrint, said.

Klemperer said massive environmental issues occur with the way food packaging is made and with how much consumers use and throw away, adding dangerous materials also are present in food packaging.

Pharmaceutical companies raise the prices of more than 250 drugs as of Jan. 1

Big pharmaceutical corporations, including Gilead, Pfizer, and GlaxoSmithKline, have hiked the prices of more than 250 prescription drugs as of Jan. 1. Annual and biannual price increases on existing medicines have become a standard practice of brand-name pharma corporations, said Steven Knievel, access to medicines advocate for Public Citizen, a consumer advocacy group.

It’s a new decade, but it’s business as usual for prescription drug corporations, Knievel said.

“Tweets and half-baked proposals from President Donald Trump are not stopping Big Pharma from price gouging consumers,” he said.

Top consumer stories for 2019

As usual, most of the end-of-the-year, round-up articles are about national issues or corporations. If consumers are mentioned, it’s usually about how they’re responding to some corporation.

For the most part, it’s been a grim year for consumers. With the Trump administration that is so probusiness and anti-consumer, the not much is happening for consumers that's positive.

1. President Donald Trump is impeached.

We have a president who puts his personal interests above the public interest. He tried to bribe the Ukrainian president to get him to investigate a political rival. As a result, he’s been impeached by the U.S. House of Representatives. This is incredible.

How a percentage of the American can support Trump is a great mystery to me. He and his administration announce anti-consumer proposals almost daily.

In addition, we have a president who lies. Since he was elected, Trump has told more than 15,000 false or misleading claims. In 2019, he’s said that the U.S. economy today is the best in history, he passed the biggest tax cut in history, the U.S. has lost money on trade deficits, article II of the Constitution lets him do whatever he wants, windmills cause cancer, and toilet flushes are up. All are untrue.

2. Consumer rights and programs are under continual attack from President Trump and his administration.

The Republican conservatives want to reduce the size of government and give corporations more power. Almost daily, we read about how the Trump administration has done it or is planning to do it. Some examples include:

• The Trump administration’s decision to roll back light bulb standards will cost consumers billions.
• The U.S. Department of Agriculture’s rule speeding up pork lines and reducing inspectors endangers the lives and safety of consumers and workers. 
• Corporations keep breaking the law due to declining federal prosecutions.
• The Consumer Financial Protection Bureau and seven states launch an “innovation network” that will approve new, risky financial products and protect them from enforcement.
• The CFPB fails consumers by not carrying out the payday lending rule.
• Fewer children’s products were recalled in 2018.
• Under Trump, enforcement of consumer financial laws drops sharply, especially in areas with the highest complaints.

The list goes on and on. Government regulations and programs help consumers. Reducing the size of government and slashing consumer regulations just helps corporations make more profits at the expense of consumers.

Errors on criminal background checks continue to keep consumers from getting jobs, housing, report shows

Passing a criminal background check is usually required to get a job or housing, however, employers and landlords are making decisions based on inaccurate reports. 

A report, “Broken Records Redux: How Errors by Criminal Background Check Companies Continue to Harm Consumers Seeking Jobs and Housing,” from the National Consumer Law Center, finds that problems with accuracy in criminal background check reports are still wide spread.

“Unfortunately, many background screening companies still seem to prioritize profit over accuracy, leading to reports that cost consumers’ jobs and housing,” said Ariel Nelson, center staff attorney and author of the report.

Facts and figures for the holidays 2019: Travel

A record number of Americans  – 115.6 million – will travel this holiday season. That’s an increase of 3.9 percent over last year, or 4.3 million more people taking a holiday getaway, according to AAA.

Auto

More than 104 million of those holiday travelers will drive to their destinations and delays to be the worst on Thursday, Dec. 26, INRIX, a transportation analytics company, predicts. The number of Americans driving for the holidays is up 3.9 percent or 3.9 million people compared with last year.

Gas prices steadily declined in November. AAA expects most motorists will see gas prices drop before the New Year, but gas prices will likely be slightly more expensive than last December’s national gas price average of $2.37.

Air travel

With 4.9 percent growth, air travel will see the biggest increase in travel volume during the year-end holidays, with 6.97 million Americans expected to fly – the most since 2003.

Facts and figures for the holidays 2019: Shopping

How are you doing with your holiday shopping? Have you overspent your budget? 

Consumers say they'll spend an average of $1,047.83 this holiday season, up 4 percent from the $1,007.24 they said they would spend last year, according to the National Retail Federation. Total spending is expected to reach between $727.9 billion and $730.7 billion. 

One in five Americans will owe holiday credit card debt into February, at least, according to a survey by WalletHub, a personal finance website. Fifty-eight percent will pay in full by the due date, 19 percent will pay in full by New Year's Day, and 12 percent will still have a holiday balance after January. 

Another WelletHub survey found the top two financial resolutions for 2020 are: (1) repay 20 percent of credit card debt, and (2) add one month’s pay to an emergency fund.

Here are other facts on holiday spending this year, according to the WalletHub survey: