I saw this coming a mile away and have been living low for months pouring every cent into paying off debt.
I sold my home on the beach, paid off ALL debt, moved to Palm Desert paid cash for a condo I AM DEBT FREE and it is AWSOME!! Cut ALL the cards up and if I don’t have the cash I don’t buy it!! I took a part time job at Home Depot to supplement my retirement but I am STILL struggling EVERYTHING is so damned expensive now!! They don’t include groceries in the inflation numbers and THAT IS RIDICULOUS!!
Bingo. Us also. I told my wife that we needed to buckle down and get rid of all our debts so we got serious and did it. Then the interest rates started rising and we are now in good shape.