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Tips to survive rising prices and a bear market on Wall Street

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Rising prices on everything from gas to food and stock market woes have many families wondering what to do during times like these.

Experts believe the Federal Reserve will increase the interest-rate by three-quarters of a percentage point by sometime Wednesday. That will have a major impact on the economy, as financial decisions loom for families everywhere.

As stocks tumble deeper into bear market territory, food costs rise, and gas prices seemingly climb higher by the hour, many are wondering if there are concrete financial moves to make now. "We don't go out to dinner for a lot of reasons these days. One reason is because the food isn't that good anymore because they have to make adjustments," said Alan Graham. Making smart adjustments, like cutting back on water usage to lower a bill in the hundreds of dollars too, can make a difference.

"It's all about losing less so when the market comes back you are in a position to gain more," said George Noceti. The older you are, your portfolio has to be more conservative with guaranteed fixed income.

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Rising prices and sinking stocks plague U.S. as nation continues to reel from pandemic“The simplest explanation for higher prices is that we know that the economy was completely shut down two years ago, at the global economy,” said CBS News business analyst Jill Schlesinger. Nonsense. The Fed f'd up and waited too long to act. They didn't want to constrain the economy coming out of covid but they thought the inflation was transitory. It wasn't. Do you really trust them now? Covid stimulus isn't the only reason. They now have to raise rates higher. PAY ATTENTION- 'US exports even more oil as domestic gasoline and diesel prices spike' 'January-May crude exports at all-time high; refined products exports back to pre-COVID levels' U.S. crude exports to Europe to rise. Crude flows to Europe have definitely picked up. google it Biden did this, when he reversed Trump's energy independent policies to line his and other pockets. Thank you and enjoy democrats.🤡
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