Florida Mother Turns to Digital Coupons as Grocery Bills Jump $150 to $200 a Month
Updated
Updated · CBS New York · May 19
Florida Mother Turns to Digital Coupons as Grocery Bills Jump $150 to $200 a Month
2 articles · Updated · CBS New York · May 19
Kiana Powell, a Florida mother of five, said her grocery costs have risen about $50 since last month and now run $150 to $200 higher per month for the same items.
To offset that squeeze, Powell said she now hunts deals daily through social media groups, digital couponing and store rewards programs, while splitting purchases across retailers based on sales.
Food inflation is hitting staples unevenly: tomato prices are up nearly 40% from a year ago, ground beef more than 14%, and fish and seafood about 6%, according to Bureau of Labor Statistics data.
The pressure extends beyond groceries to gas and household goods, and Powell's frustration mirrors a broader mood: about 75% of Americans say incomes are not keeping up with inflation.
With geopolitical conflicts disrupting supply chains, will stable food prices ever return for American consumers?
The economy shows job growth, so why do 75% of Americans feel they are losing ground financially?
As household debt hits a record $18.8 trillion, are American families facing an inescapable financial crisis?