Cost of living is going up… AGAIN. Here’s our plan.

Basically the same thing. Stacking as much cash as possible. Buying only absolute necessities. Hoping for the best. We were aggressively paying off/down our mortgage because we have a high interest rate. Instead, we will stock pile more money in case we end up out of work or something.

🇨🇦 here. Trying not to panic, supporting local businesses, and socking as much away in my savings account as possible.

Stash cash, spend on what matters to you and practice minimalism sounds like a good plan 👍

Great plan. I’m spending less for the next couple of months. Groceries here in nyc is expensive. Thanks for sharing

I spotted my brother a new xbox on saturday so I am already behind until he pays me back. Yay Feb!

I couldn't have said this better!! I had 285 orders on Amazon last year. I'm trying 10 orders or fewer per month for 2025!

6 months of cash on hand, living on 25% of my monthly gross income. Prices go up, saving rate might go down a few percentage points

I’m doing the same thing. I am going thru all my rooms and either selling or giving to Kidney foundation the items. I’m saving too.

I don't have a new plan for financial uncertainty because I luckily prepared for this the last time I had to prepared for this so now I'm all set and its business as usual.

This was a great video. I did my first ever no spend month successfully. It was really hard the first week for me. But after one month, I feel great. I am really trying to pay attention to what I have not what I want. We have three teenagers and eight-year-old and grocery bill is high to do the best we can to save them. We have four cars, two adults and two drivers college tuition coming up braces just so many big ticket items. We are working on saving every penny we can.

I dollar cost average as well. My investment is automatic so that I am paying myself first

Trump vs. US federal gov workers, Canada, Mexico, but tik tok is ok 🤦‍♀️

It's incredible that he is causing so much anxiousness for so many people, imagine he thinks he can make Canada a 51st state.
The only thing he has accomplished is pushing almost 40 million Canadians to buy just Canada made items.
Even with the tariffs held for 30 days, Canadians are still saying 'only buy Canadian'.
What a fool Trump is..

Bring your family and come back to NZ Mary :)

Don't Panic we survived 4 years of Joe Biden

I get the focus on stacking cash, but isn’t there a risk of missing out on growth opportunities by holding too much in savings?

my goal this year is to get 6 months ahead on bills i'm currently 1 month a head

We are on the boat w/ y’all stashing cash. Adjusting the grocery budget. We are working toward a 6 month emergency fund 😊

Have you thought of decluttering and selling stuff? You can add that cash to emergency fund.

I am continuing to pile up cash (sinking funds) and stocking up the freezer and pantry shelves. My emergency fund is good but I'm also adding to it and to my retirement accounts. Stay SMART, Mary! ❤

Mindful spending and preparing for the future 💯 all of your points are validated!

Using the "buy 1 for now, 2 for later" grocery stockpile method...on goods we can. Oh and I asked for a promotion at work (inspired by a Fun and Budgets video, I think she asked them to consider the difference in travel to and from work)....anyways I was like here is my intent for a promotion letter with receipts LOL. Wish me luck! I should find out next week.

Absolutely right there with you… I love the “whatever’s next” fund! And I love the idea of coming back to basics. A written budget, stack cash, frugal where we can… (car and repurposing stuff for kids!) Big same here.

Are you still using a private school?
Would you consider homeschooling instead?

The shock and spending regret that comes from checking out the previous years Amazon or target shops 😅 yep for real

What's your plan for dealing with financial uncertainty? Does the current environment concern you with potential increased costs?