Tax filing season is underway which means refunds could start rolling into bank accounts as soon as this week.
Many Americans are feeling the financial squeeze with prices spiking from food to gas and more. Right now, many crucial pandemic relief measures aren’t available to fall back on this year.“Inflation is sticking around, and everywhere we go, it seems like we're paying more,” said Benjamin Grosko, of Integrated Wealth Management.1. Bring debt down: Take note of the interest rates you’re paying and prepare for an increase this year. Consider a balance transfer to a card with a lower APR.
“If you're lucky enough to invest in your 401k or put money to work for you, if you've been saving the last few years, staying in the market will help you combat inflation,” Grosko said. P.J. Conway, owner of Mentor Family Food is seeing firsthand how inflation and supply chain issues are impacting families across Northeast Ohio.
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