Consumer Panic Hits Rich and Poor

In today’s video on IAllegedly, I’m breaking down why everyone’s struggling right now—no matter their income level. From Walmart to high-end brands like Louis Vuitton, the signs of economic strain are everywhere. People aren’t just cutting back; they’re shopping smarter, skipping luxury items, and even buying fewer basics like deli meats or snacks. This is a wake-up call for all of us to rethink spending habits and prepare for what’s next.

Whether it’s inflation, shrinking paychecks, or rising costs, this economic “detox” is hitting hard across the board. But don’t panic—there are ways to navigate this. I’m sharing tips on finding deals, building financial resilience, and staying ahead during these tough times. It’s not about doom and gloom—it’s about making smart choices and keeping your household afloat.

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Here are the links for the stories mentioned in this video:

https://www.wsj.com/economy/consumers/consumer-angst-is-striking-all-income-levels-ab32d5d5

https://www.cnbc.com/2025/03/13/egg-prices-are-rapidly-falling-so-far-in-march.html

https://qz.com/dollar-general-offers-mixed-bag-in-latest-guidance-1851769614

https://www.wsj.com/business/retail/us-convenience-store-sales-decline-0973734c

https://nypost.com/2025/03/12/business/airlines-see-lower-customer-demand-cut-back-financial-expectations/

https://www.pymnts.com/consumer-insights/2024/41percent-of-zillennials-prioritize-price-over-brand-loyalty-in-shopping/

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And as always, please be kind to everyone. Onward and Upward.

All the best,

Dan