Americans Struggle to Make Ends Meet as Inflation Takes Its Toll
Eating out less often, taking from 401(k)s, buying medication overseas, choosing cheaper products—Americans say they are feeling the pain of inflation.
Monica Lomax, a 59-year-old resident of Elkridge, Maryland, has been feeling the pinch of rising costs.
She’s had to tighten her budget, especially for groceries and clothing. Now, her shopping trips are primarily for essentials, a necessary adjustment in her life to manage the financial squeeze.