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Inflation is Causing Consumers to Identify Their Priorities

  • 76% of Americans report cutting back on spending due to inflation, up from 67% in 2024, according to the Wells Fargo Money Study.
  • 90% of surveyed Americans experience 'sticker shock' in common spending areas, with actual costs being between 55% and 200% higher than expected.
  • 86% of respondents have a clear picture of their financial goals, yet 61% feel they need a mental reset to improve their financial habits.
  • Michael Liersch states that Americans are introspective about their financial priorities and are seeking more advice on money management.
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The Frederick News-PostThe Frederick News-Post

Focus on increasing buying power, not reducing prices

The recent Consumer Price Index report from the Bureau of Labor Statistics showed that prices have risen by 3% from one year ago. This is 1% above the Federal Reserve’s 2% inflation target, which they base on the Personal Consumption…

·Georgia, United States
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Helena Independent RecordHelena Independent Record
+65 Reposted by 65 other sources

Inflation is Causing Consumers to Identify Their Priorities

(StatePoint) If you’ve been watching your wallet, you’re not alone. As Americans continue to navigate inflation, 76% report cutting back on spending, up from 67% in 2024, according to the second annual Wells Fargo Money Study.

·Helena, United States
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Zero HedgeZero Hedge

US Consumers Inflation Expectations Barely Budge In Latest Rebuke To UMich Farce

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

·United States
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Digital Market NewsDigital Market News

Rachel Cruze: Focus On These 4 Essential Priorities Amid Inflation

Torsten Asmus / Getty Images/iStockphoto Our Dedication to Readers GOBankingRates’ editorial staff is devoted to providing you with impartial evaluations and insights. We leverage data-driven approaches to assess financial products and services — our reviews and ratings are independent of advertiser influence. You can learn more about our editorial standards and our review methods for products and services. Rachel Cruze: Focus on These 4 Essen…

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themortgagepoint.comthemortgagepoint.com

Consumers Delay Life Plans Amid Inflation Pressures - The MortgagePoint

A new analysis finds that rising costs are forcing Americans to cut back, delay home purchases, rethink financial priorities, and seek better money management strategies.

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Cleveland Jewish NewsCleveland Jewish News

Study: Consumers navigating inflation, want to learn new financial behaviors

The second annual Wells Fargo Money Study found that about 76% of Americans are cutting back on spending, which is up from 67% in 2024.

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Zero Hedge broke the news in United States on Monday, March 10, 2025.
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