Financial confidence among U.S. adults has declined amid increased inflation and recession concerns, a recent survey put out by BMO Financial Group found.
Woman paying past due bills at home with laptop and calculator
About 74% of U.S. adults indicated their concerns regarding inflation have grown in the third quarter, BMO Financial Group reported. The survey, conducted by Ipsos among 3,400 adults between July 27 and Aug.
Another practice is determining whether ongoing expenses like streaming services, cable subscriptions and gym memberships can have their prices reduced or be gotten rid of altogether, BMO Financial Group said in a press release. Putting off large purchases can sometimes be beneficial, it said.
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