Inflation: How small personal finance changes can help

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The Bureau of Labor Statistics March Consumer Price Index (CPI) report suggests inflation may be sticking around for a while, with rising shelter, food, and energy prices. The Money Coach Founder and CEO Lynnette Khalfani-Cox joins Yahoo Finance's Wealth! for savings tips that won't completely disrupt your lifestyle. Khalfani-Cox urges her clients to focus on a "switch and save strategy." This strategy doesn't ask savers to stop spending altogether but to choose a less pricey alternative to existing purchases. For instance, Khalfani-Cox says that opting for a prepaid over postpaid phone service can result in hundreds of dollars in savings. Factor a "fun fund" can also remove guilt from the financial equation and ensure you aren't spending more than you earn. #youtube #news #investing 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 (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance

Published 2024-04-14 · Watch on YouTube ↗
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