How to get your financial house in order when inflation is higher than ever

An expert shares advice on how to make smart money moves in a time when that seems like an uphill battle.

By Meha Ahmad
A shopper pays cash for sales merchandise on Dec. 26, 2000 in Austin, Texas. The Federal Reserve is considering whether to adopt a digital version of the dollar, in what would amount to a fundamental rethink of our national currency.
A shopper pays cash for sales merchandise on Dec. 26, 2000 in Austin, Texas. The Federal Reserve is considering whether to adopt a digital version of the dollar, in what would amount to a fundamental rethink of our national currency. Getty Images
A shopper pays cash for sales merchandise on Dec. 26, 2000 in Austin, Texas. The Federal Reserve is considering whether to adopt a digital version of the dollar, in what would amount to a fundamental rethink of our national currency.
A shopper pays cash for sales merchandise on Dec. 26, 2000 in Austin, Texas. The Federal Reserve is considering whether to adopt a digital version of the dollar, in what would amount to a fundamental rethink of our national currency. Getty Images

How to get your financial house in order when inflation is higher than ever

An expert shares advice on how to make smart money moves in a time when that seems like an uphill battle.

By Meha Ahmad
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The consumer price index report out Wednesday showed that the U.S. inflation rate is still increasing but significantly slowed down in July. Meanwhile, many households are reconsidering their budgets and are finding it harder to save money.

Reset brings on a personal finance expert for tips on how to save, where to spend and how to invest in the current economy.

GUEST: Michelle Singletary, personal finance columnist for The Washington Post