Inflation prices hitting local families
(ABC 6 News) – In June, the nation experienced the highest rate of inflation it has seen in the last forty years. As prices continue to rise, families have to figure out how to make ends meet.
With prices reaching new highs, families supporting multiple kids are feeling the pinch.
"The everyday people can’t live like this," Tiffany Burt, an Eyota mom of two, said.
Housing and rental costs are on a steady rise as well. Because of the extreme price tag attached to buying a home, the Burts are putting their dream of expanding their family on hold.
"You know we’re kinda stuck being where we are. I don’t see us buying a house anytime soon because of the prices that people are asking and then the mortgage rates and everything. It’s just way more than what we’re comfortable with being able to pay," she added.
Parents are just doing what they can to support their families.
"We’re just trying to do the best we can by adjusting our budget in any small ways that we can," Miriam Hacke, mom of three, said.
Moms, like Hacke, are adjusting how they live their everyday life.
"We try to make our food go further by being strategic with meal planning and not going out to eat very much. We are trying to ride the bike more so we don’t have to spend as much money on gas," Hacke explained.
Still, many families are trying to stay hopeful for the future.
"I don’t know when we will be able to keep expanding our family like we were wanting. We originally had our five-year plan that everyone asks for and now it’s having to be flexible and take it with a grain of salt every single day and doing what you can," Burt said.