The Biden administration has started to grant states’ requests to utilize Medicaid funding to pay for nonmedical but health-related needs like groceries and housing support in order to decrease the need for medical intervention. In October last year, the U.S. Centers for Medicare and Medicaid Services (CMS) approved a section 1115 demonstration initiative (pdf) for Arizona, allowing the state to use…
Biden Administration Allowing States to Spend Medicaid Money on Food, Housing
Canadian Families Can Expect to Pay $1,000 More for Food in 2023: Report
Canadian families can expect to pay over $1,000 more for food in 2023, according to a new report published by four universities across the country that collaborated on the project. High food inflation is expected to continue next year, with food insecurity and affordability being a big concern for many, says “Canada’s Food Price Report 2023,”…
More Than Half of Canadians Worried About Putting Food on the Table: Poll
A new poll suggests that more than half of Canadians surveyed are worried about having enough money to put food on the table, while 86 percent of people are worried the country will face an economic recession in 2023. Food inflation is reported at higher than 10 percent, and the most recent Canada Food Price…
Mom of 2 Reveals Money-Saving Trick That Cut Her Family’s Grocery Bill by $1,000 per Month
A mom of two crushed by her grocery bills decided to take matters into her own hands. She devised a money-saving method with a handy acronym, and when it saved $1,000 for her family on groceries every month, she shared it with the world. Becky Guiles, 42, is a mother and entrepreneur from upstate New…
Inflation Caused 18 Percent of Americans to Skip Meals or Not Buy Groceries: Survey
High inflation rates have forced almost a fifth of the U.S. population to limit their food purchases, and meal intake, according to a new survey from the Nationwide Retirement Institute. In the past 12 months, 40 percent of American households received food from a food bank, while 40 percent stopped buying healthier foods, states a news…
How to Grocery Shop During a Recession
By Nicole Dieker From Bankrate.com Groceries are more expensive than ever. In July 2022, the U.S. Bureau of Labor Statistics released data indicating that the cost of groceries had increased by 12.2 percent over the last twelve months. If you’re trying to inflation-proof your finances, you could be experiencing a lot of grocery-related financial stress…
Food Inflation Soars to Highest Level Since 1980, With More Pain to Come, Producers Warn
June 30, 2022
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Food prices in the United States shot up in May at their fastest annual pace in 42 years, according to new government data, with some food producers warning American households to brace for more inflationary pain ahead as some input costs have yet to be reflected in grocery store prices. The food component of the…
Teen Bagger Pays for Struggling Grandma’s $137 Grocery Bill, Says, ‘Something Told Me To’
A teen grocery bagger felt compelled to pick up the bill for a struggling grandmother when she fell short of cash at the checkout. After learning what a massive impact her kind deed had, she is now sharing her story in hopes of prompting others to be kind, too. Texas A&M University student Maria Balboa,…
Canadians Cutting Back Spending on Groceries, Restaurants as Inflation Rises: Poll
A new poll suggests Canadians are looking for ways to cut back on spending as their concerns about the cost of living rise alongside headline inflation rates. Four-fifths of respondents to the Leger poll had started or planned to buy cheaper items at the grocery store to save on food bills, and cut back on…
Food Cost-Cutting Strategies for Every Lifestyle
If it seems as though you never have enough money to consistently save some of it for emergencies—consistent, regular deposits out of every paycheck that go straight into a savings account—perhaps it’s time to consider that you’re handing over your savings to restaurants, drive-thrus, diners, and coffee shops. Think about it. No matter your lifestyle,…
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