How to Navigate

In recent months, the rise in food prices has become a significant concern for consumers everywhere. Inflationary pressures, supply chain disruptions, and fluctuating commodity prices have contributed to an increased cost of groceries, putting a strain on household budgets. As consumers navigate this challenging landscape, it’s important to develop strategies to manage food costs while still enjoying healthy and satisfying meals.

The Causes of Rising Food Prices

• Inflation: General inflation has been affecting many sectors, including food. As the cost of production rises, these expenses often transfer to consumers. ​​​​​​​

• Supply Chain Issues: The pandemic and geopolitical events have disrupted supply chains, making it harder for food producers to deliver products efficiently.

Now Available 24/7

To better serve you and offer the latest in technological innovation, LAFCU has enhanced the web and phone experience for our members with the debut of Angie, our 24/7 virtual assistant. She has been programmed to answer many frequently asked questions and conduct transactions.

Members can chat with Angie from our website and speak with her when calling us:

• To chat, visit our website, click the Angie avatar on the lower right of any page, then type your questions in the chat window & get rapid replies. In the mobile app & online banking, click the chat bubble icon near the top of the screen.

• To speak with her, call (877) 695-2328. Angie can also respond to touch-tone selections now. 

Consuming Less

Consuming less is all about improving quality of life—for ourselves as well as for the planet. It doesn’t require a complete conversion to minimalism or living off the grid! All it requires are incremental changes and lifestyle choices that transform how we think about buying and consuming everyday items.

Studies have shown, across multiple countries and cultures, that owning less clutter and being more intentional with our purchases lowers stress and frees us to practice gratitude more frequently.

Like all new habits, learning to consume less will take planning and thought as we change the way we think, spend money, and value items.