Budgeting

What Are the Middle Class Eliminating to Save Money?

Rising costs are forcing middle-class families to cut back on everyday staples such as cable, dining out, travel, and new cars.
What Are the Middle Class Eliminating to Save Money?
The secret to slashing your family's food bill is to cook at home. Drazen Zigic/Shutterstock
Anne Johnson
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The middle class has been feeling a financial squeeze for the past few years. After a peak of 9.1 percent inflation in 2022, according to the U.S. Inflation Calculator, the middle class has had to cut costs to keep up with bills.
They are eliminating luxuries that were a mainstay for many years. Here are some costs middle-class families are eliminating to save money.

Cable TV Is Going by the Wayside

“Cutting the cord” has been a trend for a while and continues to grow, according to Evoca.tv. More than 80.7 million households in the United States are projected to use non-pay TV services in 2026.
Anne Johnson
Anne Johnson
Author
Anne Johnson was a commercial property and casualty insurance agent for nine years. She was also licensed in health and life insurance. She went on to own an advertising agency, where she worked with businesses. She has been writing about personal finance for 10 years.