While the Euro zone inflation hits a record 8.6% as the European Central Bank prepares for its first rate hike in 11 years, the rest of the world is also experiencing rising costs of virtually everything.
In the US, costs of necessities yet again skyrocketed in May, leaving the US with a new 40-year high in inflation. Think of gas, food, energy, rent, flight prices, and all other basic necessities. Households across the country are experiencing unprecedented pressures, making them less able to afford discretionary items like electronics or haircuts.
So it’s not simply you who can no longer feast on Starbucks lattes. We’re talking about lower-income and Black and Hispanic Americans, in particular, who are struggling beyond the point that should be humanly acceptable.
This thread also sheds light on how inflation is not only changing people’s habits, lifestyles, and daily choices, but altering their livelihoods. “What have you given up recently due to rising costs?” someone asked recently on Reddit, hitting very close to home for too many people who shared their very honest responses.
#21
I've found that freezing and meal-prepping as much food as possible saves money. If you can dilute what you cook with water or a cheap ingredient, you can add more seasonings to help with the lack of flavor. Half of my meals are now either rice, beans, chopped salads, and soups. If you also cook with more seasoning and spices, it keeps leftovers from spoiling as quickly.
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52points
#23
No more lash extensions. Also not going out to eat as often, stopped getting drinks at coffee shops unless I don’t have time to make my own and cut out a lot of online shopping.
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50points
#24
Sex has an astronomical price tag. I can’t afford the stress and financial strain of a UTI and the government thinks I'm going to have a human?
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50points
#25
Fresh food. Even though it's not the best for my body, frozen foods are a good investment for preserving most fruits and vegetables these days.
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44points
#26
Doggy daycare. I know it’s a luxury & we’ll be fine but not being able to do that for my pups has been a downer.
44points
#27
I've cut down on how much coffee I drink. I don't buy expensive coffee but the coffee I like has doubled in price in the last couple months. Instead of having 3ish cups a day, I have maybe one. Maybe. Some days I don't have any.
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44points
#28
Vaping. For my health mostly but I don’t wanna pay for it anymore either
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43points
#29
My roommate is terrible, but every time I look at rent prices for a one-bedroom, I start to think that maybe my situation is not so bad
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43points
#30
I've kind of given up on being proposed to right now. We have more important things like gas, bills, and food.
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35points
