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Here are three ways Americans financial situations are changing.
Inflation peaked in June 2022, USAFacts noted, reaching a high of 9.1%.
Inflation has lowered significantly since then but hasnt reached the Federal Reserves 2% target.
Basic living expenses were also listed as a top concern for Americans.
According to Securian Financial, Americans are spending more money to maintain the same standard of living.
The average household spends nearly $11,500 more than in January 2021.
Higher interest rates, limited inventory and rising home insurance costs havent helped either.
Homeowners insurance rates have also seen double-digit price growth over the past year, NPR reported.
The number of Americans filing for unemployment benefits recently increased again and is settling consistently at a higher level.
This is the most since November 2021.
Here are actions you could take to relieve some of the stress.
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