As the US implements tariffs on various goods, Americans are reassessing their economic decisions, from buying new cars to saving money for retirement. The uncertainty surrounding these policies has prompted many individuals and families to make changes in their spending habits and financial plans. Some have even postponed major purchases or consider going back to work to offset potential losses. Experts warn that the impact of tariffs on the economy could be significant, making it essential for Americans to be proactive in managing their finances during this time of economic uncertainty.
Source: https://www.washingtonpost.com/opinions/interactive/2025/personal-finance-tariffs-economic-outlook