Poll: The Real Cost of Inflation 🤑

This week we asked the Invstr Community in what areas of their life has inflation affected them the most!

32% of the Invstr Community says that food prices have hit them the hardest. Rapidly rising food prices are putting a strain on household budgets, forcing more people to turn to their communities for their next meal.

35% of the Invstr Community says that gas prices are through the rough! American oil prices are at seven-year highs and gasoline prices have climbed sharply. The current price has surged above $100 per barrel. According to AAA, the national average for gasoline is $3.53 a gallon, up 20 cents in the past month.

14% of the Invstr Community says that inflation is making living in a home a bit pricey. Nationwide, there are only about 250,000 homes currently for sale that are considered affordable for households with between $75,000 and $100,000 in annual income.

11% of the Invstr Community says inflation has taken its toll on energy prices. Rising energy prices helped push inflation to its highest level in nearly 40 years, and stocks have struggled in recent months as Fed officials work to combat the surge by unwinding the central bank’s pandemic-era stimulus measures.

8% of the Invstr Community doesn’t think that inflation has affected them at all.

The Invstr Team 🙂

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Invstr is not a bank and banking services are provided by Vast Bank, N.A.

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Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

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Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

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