Groceries are expensive: Stick to this food budget

by& Laura Onyeneho Houston Defender Today’s Millennials face all kinds of financial woes. Still, this particular problem has people wondering if they’ll have to survive off ramen noodles like in their college days, that is the skyrocketing grocery prices. A U.S.& Bureau of Labor Statistics report& reveals a brutal truth—groceries are up a staggering 10.7 percent year-over-year, with essentials like meat and eggs taking a bigger bite at 13 percent. This inflation surge forces young adults to embrace a new strategy—conquering the grocery bill. But don’t worry. With some planning and expert advice, navigating the grocery aisle and enjoying delicious meals doesn’t have to break the bank. For many people, rising food costs can mean more hardships. Higher earners are more equipped to handle the effects of rising prices. However, a small expense increase might greatly impact those barely making ends meet. This includes households with low incomes, where the expense of food accounts for, on average, thirty percent of income. Food costs have always fluctuated, but they did so more so during the pandemic. Throughout 2020, food prices have increased steadily due to a mix of supply-chain interruptions, labor costs, inflation, and taxes on select foreign imports. Luckily, unlike...