Money News: Where to Save Money on Falling Prices from Deflation

Published: Nov. 22, 2023, 8 a.m.

b'Learn which prices are slowing down\\u2014or even dropping\\u2014as a result of deflation, including your Thanksgiving feast.\\nBefore focusing on price deflation, hosts Sean Pyles and Anna Helhoski explore recent financial updates, including the rising income among first-time homebuyers, the United Autoworkers Union (UAW) ratifying new contracts with the Big Three automakers, and Black Friday and Cyber Monday sales trends.\\nThen, Sean and Anna explain what\\u2019s happening behind recent price deflation. They highlight significant price drops across various goods and services, including eggs, smartphones, health insurance, gas, and Thanksgiving dinner essentials. They also break down the significance of these price reductions amid ongoing inflationary pressures, potentially offering a glimpse of relief for consumers in specific sectors.\\nIn their conversation, the Nerds discuss: homebuyer demographics, rising incomes, housing market shifts, UAW contracts, Black Friday sales, Cyber Monday sales, philanthropic gestures, deflation insights, price drop analysis, consumer trends, Thanksgiving food prices, holiday deals, charitable legacies, inflation impact, and deflation.\\nIf you\\u2019re looking for an app to track all your money in one place, then check out the free NerdWallet app: https://nerdwallet.com/app\\xa0\\nTo send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.\\nLike what you hear? Please leave us a review and tell a friend.'