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In today's difficult economic landscape, Americans are grappling with increasing affordability challenges. The dual pressures of inflation and high prices on essential goods and services are eroding consumer spending power and making it harder for individuals to manage their finances effectively.
Affordability is an issue across the board from cars to cheeseburgers. For instance, the president of McDonald's recently revealed on CNBC that the average price of a Big Mac meal today is up 27% from 2019. The price for a 10-piece McNuggets meal is up 28% over the same period, and the price of medium French fries increased 44%.
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