Summer on a Budget: Smart Tips to Beat Inflation

Summer Savings: How to Beat Inflation and Enjoy the Season Summer is here, but rising prices are making it more expensive than ever. A recent CBS Mornings video highlights the impact of tariffs on summer essentials, with many items originating from China. This has led major retailers to warn of higher prices and potential empty shelves. "A significant number of summertime essentials come from China," notes the video, impacting everything from sunglasses to swimsuits. To combat these rising costs, the video suggests several money-saving strategies. One is to join neighborhood "buy nothing" groups or frequent resale stores, which are experiencing record business, according to Capital One Shopping. For summer travel, the video recommends exploring budget-friendly alternatives, citing NerdWallet's finding that travel costs are still 12% higher than pre-pandemic levels. Nancy Chen, featured in the video, suggests destinations like Montreal as a cost-effective alternative to Europe. The video also offers tips for summer barbecues, advising viewers to serve kebabs to stretch their protein budget and lean into more affordable sides. Finally, it highlights discounted movie tickets available at some theaters, including AMC's 50% off Wednesday deal for stubs members, and Regal Cinemas' $1 family movie showtimes.