Four ways to fight inflation-related stress and save money now

Lingering challenges around inflation remain top of mind for business leaders nationwide, and even so, almost half (41 percent) say they’re using it as motivation to lay the groundwork for future prosperity, according to JPMorgan Chase’s 2024 annual Business Leaders Outlook. Eight in 10 leaders are confident about their company’s and industry’s performance (82 percent) and have cut non-essential expenses and embraced new technology in preparation for the year. While you may already be cutting back on spending due to rising costs and an uncertain economic environment, it’s important to evaluate your financial situation and consider implementing these lifestyle changes to help reduce inflation-related stress. Spend with intention. Instability in the market can make your finances feel equally unstable, so it’s important to set a budget and identify where your money is going each month. Financial tracking tools like a monthly budget worksheet or digital tools like Budget, in the Chase Mobile® app, will help track your spending, allowing you to review and adjust your budget as needed. You also can set alerts to determine how you’re doing throughout the month. Having a deeper level of insight will also show you where to consider cutting unnecessary expenses or allocating additional...