We're feeling the pinch almost everywhere, and for everything we need. From gas
to groceries -- prices are sky high.
The holiday spending is in full gear now as shoppers try to find deals on
gifts, travel and décor. But it’s the groceries and the gas that’s taking a
big bite out of our budget.
Caleb Silver, of Investopedia, says there may be a slight sign of relief - but
not enough.
“The
good news is inflation is starting to slow down nationwide. And in the New York
and New Jersey areas, it went from 6.2% to 6% in September on an annual
basis," Silver says. "The bad news is that we're still seeing
inflation pretty much where we spend money every week and every month.”
This is what the data shows:
The utilities that pipe gas into our homes are up over 24%. Cereals and bakery
products are over 16.7%. Private transportation - Uber and Lyft - is up 10.4%
year over year. And food at home, grocery shopping, that's still up over 10%.
Looking to save? Click in the links below for tips to save on gas, groceries
and utilities:
Ways to save money on your groceries bill
You could be paying more to
stay warm this winter. Here are tips to help you save on your heating bills.
Need assistance keeping your
home warm? Here are some tri-state resources.
Tricks to help you save at
the pump