It’s hard to read the news lately without seeing something about inflation. Prices are rising at a steady rate which means less money in your wallet. You can feel the pinch nearly everywhere you go, whether you are shopping for groceries, getting gas or eating out.

How can you make sure you are keeping more of your hard-earned cash? Here are some tips:

Create a Budget: We say this a lot, but if you are really struggling with rising prices this one is so important. Where can you cut or make changes temporarily until prices come down? Maybe consider a side gig or another way you can make extra cash to compensate for your losses.

Wait Before Buying: If you don’t need it now, consider waiting until prices settle down. Think about your wants vs. your needs. Do you need this and are you okay paying more than you normally would or is this something you would like and can wait on?

Have a Grocery Plan: Each week take a look at the local sales and clip coupons, if you have to stop at a few different stores it may be worth it to cash in on the extra savings. Also try a trip to your local wholesaler, like Costco, where you can buy more for less.

Save on Gas: Try running your errands on one day at places in the same vicinity to cut down on your trips. If you work near coworkers or if your kids have friends in the area doing the same activities start carpooling.

Look at your Auto Loan options: Refinancing your auto loan to a lower rate can save you money each month. Check out Sikorsky Credit Union’s low rates if your current auto loan is with another lender. If you are in the market for a new or used Vehicle, check out our Advantage Auto Loan, the low payment auto loan, which will have a lower payment than a conventional auto loan. Learn more.

At Sikorsky Credit Union we want to help you save more. Visit a branch or give us a call to see how.