The United States will be turning 246 years old on July 4th. To celebrate, many of you out there will probably have some kind of get-together that will no doubt involve food. But food prices on this 4th of July are up 11 percent. And depending on what you plan on cooking for the holiday will really affect your wallet.

So today, we're talking to Karol Flynn. She's the Food and Agribusiness Industry Advisor for Wells Fargo. She tells us what 4th of July food items you might want to avoid due to their sharp increase in price and what other items you might want to consider that won't break the bank for your holiday party. Spoiler alert: Shrimp is cheap!!