64% of Americans are living paycheck to paycheck — here's how to keep your budget in check

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64% of Americans are living paycheck to paycheck — here's how to keep your budget in check
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Rising costs took a toll on household budgets across the board in 2022. These moves can keep your finances in check going forward.

Even though wage growth is high by historical standards, it isn't keeping up with the increased cost of living, which in December was upThat leaves many Americans in a bind as inflation and higher prices force more people to dip into their cash reserves or lean on credit just when interest rates rise at the fastest pace in decades.Certified financial planner Ted Jenkin, CEO and founder of oXYGen Financial in Atlanta and a member of1.

Jenkin said some simple financial hacks can help, such as going to the grocery store less and cutting back on online shopping. "Grocery stores are just like Las Vegas; they are there to separate you from your wallet." Meal planning is one way to edit down your shopping list to weekly essentials and save money.

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