MyTwoCents: 'It makes me anxious that life seems to be getting more expensive even though my lifestyle is basically the same. Is it possible to get myself out of this cycle without making major overhauls?'
than it did the previous year; egg prices were up almost 50 percent. That may seem wild , but these fluctuations are usually so insidious that you might not notice until the end of the month when suddenly, your budget doesn’t add up. Cardi B addressed it best:So no, it’s not your imagination that it’s become harder to save, nor is it your fault. Your $5,000 raise might seem like a nice bump, but if you were making $73,000 before, $5,000 is a 6.
In my own life, I’ve found that financial stress around day-to-day expenses is like dust in the air — an ambient discomfort that stings your eyes and makes you cough, but is tough to actually grasp. Thrashing around only makes it worse, but still, you feel the urge to act. Your next step is to do an audit of your spending, going back at least one month but ideally up to three. Again, try to be nonjudgmental, says Evans. “It’s normal to think, ‘.’ But especially right now, a lot of what you can and can’t buy is tied to larger economic forces that have nothing to do with you.”
Once you’ve sorted out where your money is going, you can figure out what’s meaningful to you. “When you look at your spending through the lens of what it brings to your life, it’s easier to cut out the stuff that means less,” says Pheasant. “It’s up to you what that is. Screw what everybody else thinks and their value judgments on it.”
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