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.

The majority of Americans also say they are making tough financial choices to navigate their lives, including delaying plans with hefty price tags, such as travel, homeownership, education, marriage and retirement.

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