Inflation has some military families ‘grasping at pennies’

By Karen Jowers | Military Times

Inflation is “destroying any joy we may have been able to afford,” the airman wrote. “We are literally grasping at pennies to survive and it’s killing us.”

Statements from the airman — stationed at Holloman Air Force Base, New Mexico — and many others came in response to Military Times’ call for comments on how inflation has impacted service members and their families.

Most responded with a common theme: Families are “cutting back” or “eliminating” everything from grocery shopping and driving to subscription services, vacations and eating out.

Consumer prices were up by 3% from June 2023 to June 2024, according to the Bureau of Labor Statistics. That’s on top of inflation over the previous several years.

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