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Tuesday, May 20, 2025

7 Ways Americans Are Reshaping Their Spending Habits 7 Ways Americans Are Reshaping Their Spending Habits

home costs exceeding savings
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Americans are feeling the squeeze of lingering inflation and recalibrating their finances in response. According to Bankrate, prices are 23.6% more expensive today than they were before the pandemic began in February 2020. This means Americans need about $1,236 to buy what cost $1,000 pre-pandemic. Many have developed new strategies to stretch their dollars while protecting their financial goals.

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