Consumers Cut Back on Purchases Amid Rising Prices
Due to rising prices, many people are cutting back on non-essential purchases, as discussed in a Reddit thread. Common items people have stopped buying include restaurant food, food delivery services, steak, concert tickets, cable TV, new clothes, professional manicures, and more. The trend reflects a shift towards more frugal living, with individuals opting for homemade alternatives, thrift shopping, and streaming services to save money.