Good news! Financial analysts are predicting that there are a few things that will drop in price this year. That means that we will be able to save money on items that we may already be buying or thinking about buying without having to do anything different. No coupons. No promo codes. Nothing. Just a drop in price. Now, let’s find out what those things are!
1. Off-Contract Smartphones
We recently wrote about ways to save money on your cell phone bill. In that post, we mentioned the popularity of no-contract cell phone plans. Well, this year the phones purchased for those no contract plans are decreasing in price by about 13%. Some think this will mean that more people would consider paying up front for a phone in order to get a cheaper monthly plan. It definitely sweetens the deal, doesn’t it?
2. Crude Oil
I have to admit that I wondered if we would actually see that drop in price at the pump. I guess I’m getting a bit cynical in my old age 😉 In any case, apparently, oil production within the US that it’s expected to reach its all-time high in the next two years. As a result, the US won’t need to rely on crude oil imports as much. Soooo, that should translate into lower gas prices. Fingers crossed!
Coffee? Coffee!!! We get a lot of our coffee beans from Brazil. And, Brazil is expected to yield a massive crop of one of the most popular coffee beans by about mid year this year. That should force prices down. Remember, supply and demand in your Economics class? Yay! Who cares why the price is going down, right? We’ll take it 🙂
These are just a few. Click here to see the full list.
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