3 tips for saving money in 2023 amid rising costs of living
CBSN
Given the inflationary hellscape of 2022, it comes as no surprise that saving money is one of the most popular New Year's resolutions among Americans heading into 2023.
Americans have seen their buying power shrink this year as the cost of everyday items such as gas, travel, groceries and housing has skyrocketed. Despite ongoing efforts from the Fed to tame it, inflation has continued to climb month after month throughout 2022, with prices peaking in the summer before declining gradually into November.
Nearly 60% of respondents in a survey from tech market research firm Numerator said they plan on saving more money next year. Respondents said they're prioritizing saving because they're worried about how inflation and a possible recession could impact their wallet.
