Walmart has seized the moment, wielding its size and influence as America’s largest food retailer to absorb fuel cost increases and keep prices competitively lower, company executives said. However, that could change in the coming months if gas continues to stay at its current high.
Even those who have been considered rich for making over $100,000 are resorting to penny-pinching habits.
“In today’s economy, income alone doesn’t guarantee financial peace of mind,” the Clarify Capital report said. “High earners are feeling squeezed by inflation, stressed by social pressure, and more mindful about what it really means to be well-off.”
