Inflation Squeezes Americans' Wallets, Forcing Lifestyle Changes Across Generations
• Inflation driving up costs, making 2023 financial goals difficult for most Americans • Different generations have different priorities - Boomers cutting spending, Millennials focused on buying homes/cars • High interest debts and living paycheck to paycheck common problems • Side hustles now normal for younger generations trying to cover basic costs • Despite tightening belts, saving money still a struggle with 63% of Americans saving less than $300 per month