New USU Extension website offers inflation resources – Cache Valley Daily

portrait of a young couple calculating finances at desk

According to recent data from the United States Bureau of Labor Statistics, inflation in Utah has increased by 10.4% since May 2021. This number is even higher than the current national average. That means a typical family of four is spending between $700 and $800 more per month on the same items they bought a year ago.

“It’s a tough time for consumers,” said Melanie Jewkes, extension professor at Utah State University. “Inflation seems to be most visible at the gas pump and the grocery store, and consumers need to change the way they spend to cope with soaring costs.

To help address the challenges of inflation, USU Extension has created a website with information and resources at inflation.usu.edu. It includes tips from extension faculty and new information will be added as it becomes available.

“This website provides a central location of our resources so users have quick access to the help they need,” said Amanda Christensen, extension teacher and certified financial advisor.

Topics on the website include budgeting for emergencies, fighting panic buying during inflation, teaching kids about money management, positive conversations about money, and other topics. Also included are links to PowerPay, a free debt reduction tool; the online Money Master course; an estate planning toolkit; Hidden Gems, free family entertainment guides for economical ways to play as a family; and the Guide to Reducing Expenses. There are also links to frequently asked financial questions.

“We hope these resources will benefit Utahns, whom we know to be resilient and resourceful during tough economic times,” Christensen said.





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