10 Sneaky Ways to Save Money When Inflation Rises

Rose Bak
4 min readMay 19, 2022

With prices rising, even small savings will add up and help your bottom line.

Photo by Sasun Bughdaryan on Unsplash

It’s no secret that prices are rising dramatically in the United States. Almost everyone is feeling the pinch of skyrocketing costs, and looking for ways to reduce the impacts of inflation.

As the Guardian reported recently, the annual inflation rate is at a 40-year high. Prices are rising by an average monthly rate of 1.2% and the CPI’s “food index” showed an increase of 9.4% in food prices over the last year.

If you’re trying to make your paycheck go a little farther, here are some ways you can save money and reduce your monthly costs.

  1. Pretend you’re leaving your cable or internet providers. It’s a little-known secret that for most internet and cable companies, if you call them and say you are thinking of going with another company, they will give you a promotional rate to stay with them. I recently cut $20 a month off my internet bill by doing just that.
  2. Plant a garden. You don’t have to have a big yard or a green thumb to grow some of your own food. You can grow vegetables in a pot or a small patch of land in your yard. The easiest way to get going is to visit your local garden store and get “starts”, baby plants that can blossom into your next salad with a little TLC.
  3. Join a wholesale club. Membership-based wholesale “clubs” like Costco and Sam’s can be a great way to save money. This one can be tricky because you don’t want to go in and buy huge quantities of things you don't use that often. But for things that last forever like toilet paper, baby food, canned goods, and pasta, you’ll get real savings by stocking up.
  4. Look for alternatives to driving. I’m sorry, I like my car as much as you like yours, but the quickest way to avoid high gas prices is to avoid driving as much as possible. Take the bus, walk, or dig your bike out of the garage. Even a few trips using alternative transportation will add up.
  5. Get an insurance check-up. You may be overpaying for insurance. Talk to your insurance agent about your current deductibles and coverage limits, particularly if you drive an older car. If your employer’s “open enrollment” is coming soon, take a hard look at your use of your medical…

--

--

Rose Bak

Rose Bak is a freelance non-fiction writer as well as the author of more than 50 books. Find Rose's books at bit.ly/AuthorRoseBak .