Finding Savings Where You’re Already Spending

(Statepoint) At a time when Americans are keeping a closer eye on their expenses, finding more value where they are already spending on the essentials is more important than ever.

In a recent study from Morgan Stanley, 64% of Americans said they plan to cut back on overall spending in the next six months as inflation continues to rise and impact wallets. And while many are making cuts in their everyday life, wireless shows no sign of being scratched from the monthly budget. With more than 60% of households having cut the cord to their landline, Americans increasingly rely on their mobile connectivity. This may be why that when it comes to prioritizing monthly bills, the same Morgan Stanley study showed that wireless was top ranked alongside other life essentials, with respondents saying that keeping their connectivity was nearly neck in neck with paying their mortgage.

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