Some of these tactics may be doable for you. 13% will drive less frequently to make up for rising costs at the pump.20% will cancel or delay plans to travel.29% will put themselves on a food budget.30% will keep using their current devices, like phones and laptops, instead of upgrading.In the aforementioned report, 48% of respondents say they plan to cut back restaurant and takeout meals to fight inflation. But otherwise, you may want to consider making some lifestyle changes to avoid a financial crunch. If you're able to cover your bills easily without risking debt or depleting your savings, then this recent bout of inflation is something you may be in a position to ride out. You may want to incorporate some of these strategies into your game plan if you've been having a hard time keeping up with your bills. But the good news is that many people are taking steps to combat it. Not shockingly, 88% of Americans say they're concerned about inflation, according to a new report by COUNTRY Financial. Some experts predict rampant inflation could continue well into 2022. The rate of inflation has surged this year, and in October, it reached 6.2%.
If you're convinced the cost of living keeps rising month after month, well, you're not imagining things.
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