Inflation and the Rise of Side Hustles: Navigating Financial Challenges in 2024
Inflation is a persistent issue that continues to affect the financial landscape for many Americans. Recent reports indicate that the consumer price index (CPI) has risen by approximately 2.6 percent from October 2023 to October 2024, a trend that has left many feeling the pinch in their wallets. While there was a slight cooling in inflation rates earlier in the year, core inflation, which excludes volatile food and energy prices, remains at 3.3%. This steady rise in costs, particularly in housing—where the…