Top 3 Reasons You're Financially Stressed!

[00:00:00]is the three top contributors to financial stress. And we all know some of them because inflation has a big part to play with this. The first thing uh for the contribution is just everyday living expenses. You know, groceries, gas, utilities, everything that it costing you to live your just your daily life. Nothing extraordinary or out of the ordinary, but things are going up.

[00:00:25]If you've been to the grocery, you know how the bills have gotten higher and higher. My grocery bill has actually almost doubled, and I'm buying the same products that I have. Still using the coupons and doing what I can do, catching things on sale, uh not buying meat every time I go, but I do like to buy fish and salmon and stuff like that.

[00:00:46]So, I'm not going to cut out of some of the things that I really like to eat because the grocery bill is getting higher. But that's the number one thing with this inflation. Secondly, is housing expenses. Mortgage, rent, everything keeps going up. Nothing is coming down. Insurance on your mortgage is getting higher, you know, taxes are getting higher. So, that mortgage payment may be adjusted up because of these other things that's added into your mortgage payment. And last but not least is credit card bills. Uh the credit cards, you guys, are still high, and they're still costing a lot of money when you charge on these credit cards.

[00:01:24]So, those are the three most contributing uh aspects to this financial stress that we have in 2020.