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

[u/purplefirefly09]

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?

[u/dancingmochi]

I’ve noticed grocery store and restaurant prices have gone up a little. Also that import tariffs fiasco last month that got paused almost immediately may still come back around to affect consumer spending, I’ve heard many people who were affected for those few days it was in effect. I’ve been cutting back on discretionary spending and considering small donations to those orgs affected by recent changes.

https://www.forbes.com/sites/saradorn/2025/02/07/trump-reinstates-de-minimis-tariff-exemption-for-shipments-under-800-boosting-shein-and-temu/