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Both Donald Trump and Kamala Harris have talked about wanting to lower prices andease inflation.
With that in mind, here are five things you could stop wasting money onto help your finances.
Reducing spending on non-essential items and focusing on value-based purchases could be key strategies for navigating this environment.
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Overall, Shirshikov said its essential to reassess discretionary spending when inflation is high.
A good example is daily coffee or eating out.
High inflation periods are not the time for extravagant gifting or spur-of-the-moment purchases.
Instead, focus onmeaningful, budget-conscious giftsand resist the urge to buy on a whim, per Shirshikov.
This approach not only preserves your finances but also fosters a more thoughtful and intentional spending habit.
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