Surviving Inflation: Five Tips from Ted Jenkin

‘Fox & Friends’ host Lawrence Jones recently interviewed Nathan Tallman, the CEO of Pennsylvania Co-operative Potato Growers, regarding inflation’s impact on the potato industry. As four years of rising prices continue to astonish individuals, they still struggle with everyday expenses such as a $7.99 six-pack of Fresca or an $8.00 box of Cheerios. The cost of snacks like half air and half potato chips has also risen significantly, leaving people feeling overwhelmed. Dee Snider’s famous song “We’re Not Gonna Take It Anymore” resonates with Americans as they search for ways to avoid inflation pitfalls. Here are five tips that can help:
1) Smart shoppers utilize grocery coupons and know when new deals reset mid-week, which is typically the time when stores release fresh offers through their free apps. This allows customers to have easy access to all of their savings in one location while also avoiding buying items they don’t need as part of BOGO (buy one, get one free) promotions.
2) Dining out can be a luxury for many people; however, if you do decide to eat at restaurants, consider bringing your own wine since it might save you an incredible amount of money. This small step could significantly reduce the overall cost of dining out and make eating in more affordable than ever before!
Ted Jenkin is CEO and co-founder of Oxygen Financial as well as president of Exit Stage Left Advisors, who has shared these insights on how to save during inflationary times.