Inflation pitfalls to avoid when prices keep climbing

ATLANTA, Ga. (ATL Live) - Inflation has been pushing everyday costs higher, and many households are feeling the strain on essentials like gas and groceries. Abby Reed, financial advisor with Reed Financial Group, talked with ATL Live hosts Ava Braatz and Savannah Louie about common money traps that can show up during inflation—and small, realistic ways people can protect their financial footing.

Reed focused on three frequent pitfalls: leaning on high-interest debt to cover rising expenses, pulling back too far on saving and investing, and lifestyle creep that quietly raises spending over time. She also encouraged viewers to take a clear look at where their money is going by building a simple spending plan and identifying repeat expenses that may not be adding value.

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