Updated

Updated · WSB Atlanta · Aug 22

Clark Howard Urges Cash-Only Budgeting, Rejecting Buy Now Pay Later as 41% Fear Grocery Costs

Updated

Updated · WSB Atlanta · Aug 22

Clark Howard Urges Cash-Only Budgeting, Rejecting Buy Now Pay Later as 41% Fear Grocery Costs

1 articles · Updated · WSB Atlanta · Aug 22

41% of Americans said they were worried about affording groceries in the next few months, and Clark Howard said households leaning on credit to get by should consider going back to cash-only spending.
Howard argued the affordability crisis is broadening beyond gasoline, with inflation hitting many essentials and pushing more consumers toward borrowing for everyday needs.
Nearly half of Americans told an AP-NORC poll that grocery prices are a major source of stress, underscoring the pressure behind that shift.
Store brands can cut grocery bills by about 30%, Howard said, while warning that buy now, pay later services are not a sustainable long-term fix.

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