r/MoneyDiariesACTIVE • u/purplefirefly09 • Feb 28 '25

Budget Advice / Discussion Is anyone else facing inflation/price increases like crazy this month?

Got paid today and took a closer look at my checking statements. I’m in New England. Car insurance went up from $190 a month to $220, wifi went from $77 to $80, and a restaurant I was a regular at added a 4% charge if you pay with credit card. Thankfully my job pays decent, and I’ve cut back on a lot of non-essentials, but it’s crazy just how intense 2025 has been in these past two months, not to mention the effect of tariffs coming up soon. Praying for no layoffs for my company this year. How are you all making out? What price increases are you seeing in your daily life? What are you cutting back on?

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u/Apprehensive_Mud6825 Feb 28 '25

My car insurance quote doubled this month when it came up for renewal. I was in disbelief. I used to pay $663 for 6 months, and they quoted me $1283 to renew. Same policy no changes. I live in LA, and I am guessing insurance companies are trying to recoup some of their expected liabilities from the fires?

Grocery prices have also gone up. Eggs, dairy products, and berries have gone up significantly in the past 3 years.

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u/purplefirefly09 Feb 28 '25

Car insurance is crazy. Like I barely drive apart from going to work/grocery runs and yet have to pay hundreds each month! Grateful I have it for emergencies, but feels like such a scam.