U.S. households are spending an extra $327 a month due to inflation. Here are 5 ways to manage your money better

Another month of rising inflation means Americans are paying more for everything from food to gasoline.

Credit Cards, Personal Debt

5/29/2022 7:07:00 AM

Inflation is hitting Americans' wallets.💸 Try doing these 5 things as prices rise. investinyou (In partnership with acorns.)

Another month of rising inflation means Americans are paying more for everything from food to gasoline.

One way to lower your costs is to cut out things you don't need, such as subscription services. You can also try negotiating to lower bills like your cable bill or car insurance, suggests Misty Lynch, a certified financial planner with Walpole, Massachusetts-based Sound View Financial Advisors.

Save on energy by unplugging appliances when they are not in use or using power strips with switches that allow you to completely turn off the products plugged into it. By doing so you could save 5% to 10% of your residential energy use, according to the

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US consumers expect high inflation to persist this year, NY Fed survey showsA New York Fed survey shows that most U.S. households think the high inflation environment will not fade over the next 12 months. Christmas time is going to be a bloodbath

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