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Consumers are under pressure, but cutting back with intent can be highly effective. Here’s what to do.

Americans aren’t just slashing budgets, they’re reallocating money with purpose. Understanding recent spending, debt, and savings data can help you craft a smarter response to financial strain. Follow these five tactics to put that insight into action. Even amid recession concerns, U.S. consumers are front-loading purchases in anticipation of rising costs. According to the Bureau of…