🌟 [ 17 ]   Consumers are postponing big purchases due to inflation: CNET Money [ @Yahoo Finance ]

A CNET Money survey revealed 188 million American adults have postponed significant purchases as inflation and higher prices take a continued toll on their wallets. CNET Money Editor Dashia Milden joins Wealth! to discuss what these findings indicate about the current state of the US consumer. Milden notes essentials like groceries and gas are the main drivers of consumers strained wallets, according to the survey. She notes Americans are continually surprised by what they re having to pay for essentials, forcing them to cut back on savings for longer-term goals. Milden finds Milden states individuals are prioritizing budgeting as they have to tap into emergency funds to maintain current living situations. A good portion of America is just trying to get by, Milden tells Yahoo Finance. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple ([ 🔗 Click ‼️ ] or Android ([ 🔗 Click ‼️ ] - Follow Yahoo Finance on social: X: [ 🔗 Click ‼️ ] Instagram: [ 🔗 Click ‼️ ] TikTok: [ 🔗 Click ‼️ ] Facebook: [ 🔗 Click ‼️ ] LinkedIn: [ 🔗 Click ‼️ ]

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