Ways People Are Saving Money Right Now

By Melissa Moore on October 19, 2022

SEOUL, SOUTH KOREA – FEBRUARY 22: A South Korean banker carries US dollar bank notes at the Korea Exchange bank on February 22, 2005 in Seoul, South Korea. The South Korean won jumped to its highest intraday level in more than seven years in domestic trade on Tuesday, boosted by strong foreign equity buying and exporter deals. (Photo by Chung Sung-Jun/Getty Images)

Just about everything seems to cost more these days.

Groceries, gas, airfare and even Halloween candy is more expensive in 2022!

So just what are people doing to save money? What creative ways are you saving money? 

Here is the data from a recent survey:

• 51% of people are planning to spend more time at home in the coming months in order to save money
• 53% of people have cut down on buying clothes and eating out because of inflation
• 30% of people are only purchasing items on a need-to-buy basis
• 39% of people have already started saving money for Christmas gifts