The experts are predicting even more prices rising, but in the same breath they are talking about falling prices in some industries. Is the tightening economy a hurt to your bank account? It all depends on your perspective.

• Lumber is the lowest many in the industry have seen it in awhile. That means the home improvement project you have been contemplating could cost less than ever. You can get more bang for you buck with the lower prices.

• Gas may be up, but car prices are down. If you are in the market for a new (or new to you) vehicle then now can be the best time to buy.

• Fixed investments (gold, platinum and silver) are way up and show no signs of slowing.

• Home prices are falling all across the United States – maybe not so great for those who are looking to sale, but definitely great for those who are looking to buy. Don’t let the low prices get you starry-eyed. Stick to a home that fits your needs and keep your spending as low as you can.

• Groceries may be costing more, but for those who have a green thumb it could be a great income opportunity. Plant extra and take the surplus to the local farmers market (or sale along the side of the road if you live close to a main thoroughfare and ordinances will allow it).

Rising prices may put some people into a panic, but they don’t have to put you in one. Higher prices could mean greater opportunities for you if you look at them with a little creative spirit.