Consumers are adopting new strategies to stretch their food bugets in sometimes unique ways amid high prices at grocery stores across the country.
Consumers are trying out different strategies to stretch their food budgets, a new report shows, as prices continue to rise at grocery stores and restaurants across the country. Inflation may be gradually cooling since it reached record highs in 2022, but the average American is still shelling out a lot more money for everyday necessities than they were even one year ago. According to the Bureau of Labor Statistics, consumer prices rose 3.1 percent from January 2023 to January 2024.
Bernard Brothman, a 67-year-old retired human-resources executive from New Jersey, also tries to rely on his own homegrown food to spend less at the grocery store. He's saved hundreds of dollars in grocery bills by growing more than a dozen crops in a community garden and in a garden at his son's home nearby, the WSJ reported. He's now teaching his grandchildren how to grow their own vegetables too.
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