ORLANDO, FL. (IVANHOW NEWSWIRE) – If you’re on the hunt for essentials that will cost less anytime soon, you might be waiting a bit. Inflation is at its highest level in 40 years. Consumers are feeling the pinch and experts say things can only get worse over the summer.
There are ways to cut costs during this time. The average household will spend an average of $327 more per month to cover rising costs.
Using a budgeting app like mint is a great way to see exactly how your impulse buys are shaping your monthly budget. If you’re looking to save on groceries, consider paying with a grocery rewards card.
Also get cashback and download cashback apps like Ibotta and Rakuten which also give you cashback. Join the loyalty program and get sales without having to cut coupons. Take advantage of bo-gos and you’ll save an average of 10-30% buying generics.
If soaring gas prices have you doing a double take, compare gas station prices in real time on apps like Waze and GasBuddy. Both are free and depend on users to maintain up-to-date and accurate station-specific gas price information.
GasBuddy says Monday tends to be the cheapest day of the week to fill up, with Sunday coming in second.
There are also simple ways to save money at home. The average person spends over $1,400 a year on bottled water.
According to the Department of Energy, 78 degrees Fahrenheit is the sweet spot for air conditioners to balance energy savings and comfort. You can save up to twenty dollars a month just by putting it here and keeping it here.
Also unsubscribe unused apps. The average person spends $273 per month on apps. If you haven’t used a certain streaming service or fitness app in a month or more, cancel it. You can always restart it in a few minutes if you change your mind.
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