BEREA, Ky. (WKYT) -On Wednesday, Federal Reserve Chair Jerome Powell said that the Trump Administration tariffs could increase inflation.
With the Consumer Price Index increasing by 2.4% since last March, it leaves many citizens wondering what to do to battle the increasing costs.
In Kentucky, a 79-year-old man is stepping out of his retirement to help make ends meet.
Grocery store prices and the increasing cost of car insurance are what made Berea resident, Eldon Campbell, start to think about ways to make money.
His retirement check wasn’t enough to pay the bills, so now, he’s starting to combat the inflation by going back to an old hobby of his: mowing lawns.
“My income was not keeping up with my outcome,” Campbell said. “I figured three or four yards would help me to have some mad money to spend on going out to eat or something like that.”
He hopes this new mowing endeavor will get him some extra cash, but also will keep him in good health.
Since he retired 14 years ago, he’s had a widow-maker heart attack and five bypasses, so now he’s making his health a priority.
“I am lucky that I am halfway healthy, I’m not gonna say that I am completely healthy,” Campbell said.
With the mission to stay active and start mowing as much as he can, he figured the best way to get out the news to his neighbors was to take the ‘old-fashioned’ route.
Campbell posted a classified advertisement in his local newspaper instead of online.
“I have a hard time with computers,” he said. “We weren’t schooled in computers when we went to school like kids are nowadays,”
Though he hasn’t got any customers yet, he’s hopeful that his side job could fix the hole in his pocket that inflation has caused.
“It’s been a long time since I mowed a yard. I do not know what the price of mowing a yard is right now,” Campbell said. “So I figured 4 yards, maybe in a week, would make me maybe $200. Something like that could be a good weekend outing.”
You can contact Campbell for lawn care needs at (859) 200-5787.
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Based in New York, Stephen Freeman is a Senior Editor at Trending Insurance News. Previously he has worked for Forbes and The Huffington Post. Steven is a graduate of Risk Management at the University of New York.