Jul 5, 2022
How to help your family cope with inflationFor the past 12 or so months, Americans have watched the prices of goods and services in the U.S. rise steadily. The cost of everything, from gas to groceries, has risen as the purchasing power of money decreases. For a family budget inflation can feel very threatening, especially as the rate of inflation is sitting around 8 percent, a level not seen since the early 1980s. While we might like to think we’re approaching the end of the inflation tunnel, experts agree that we still have a way to go. Fortunately, there are steps parents can take to help protect their family finances during these fiscally challenging times.