Money stress remains widespread
With rising living costs, elevated interest rates and growing household debt, financial anxiety remains high for many Americans. A recent report shows that 72% of Americans experience some level of stress related to money.
To help people regain control, financial advisors are encouraging a seasonal reset focused on budgeting, cutting expenses and strengthening savings habits. The idea mirrors traditional spring cleaning: reduce clutter, create order and build a plan for long-term stability.
“Just like clutter in your home creates stress, clutter in your finances creates stress too,” said Dr. Erika Rasure, a financial wellness advisor at Beyond Finance.
Housing, food and transportation drive costs
In cities like San Diego, residents are paying more for housing, transportation and groceries. Advisors suggest looking for practical adjustments that can ease pressure. Renting out a room, combining errands to save on fuel or using public transportation occasionally may reduce monthly expenses.
When it comes to groceries, preparing more meals at home, planning shopping lists and using coupons can save between $5 and $20 per trip. Avoiding impulse purchases is another key strategy.
“You can’t control rising prices, but you can influence your response and how you support yourself,” Rasure said.
Small changes can add up
Experts emphasize that minor spending habits often make a measurable difference over time. Brewing coffee at home, skipping salon visits and canceling unused subscriptions can free up extra cash. Americans typically carry between six and eight subscription accounts they no longer use.
Investing does not require large sums to begin. “It takes a small amount of capital to start, maybe it is that one less Starbucks, and you put $20 in an investment strategy for long term growth,” said Brett Roenick, a wealth advisor at AlphaCore.
Automatic savings tools can also help. Setting up recurring transfers from each paycheck or enrolling in programs that round up purchases to the nearest dollar allows small amounts to accumulate gradually with little effort.
Seek help and negotiate better terms
For individuals overwhelmed by debt, experts recommend seeking professional assistance. “If you’re really overwhelmed by debt, making the minimums and can’t get your head above water, start looking for professional help,” Rasure said.
Consumers are also encouraged to negotiate lower rates on credit cards, auto insurance and cable services. Shopping around annually for better offers can result in meaningful savings.
Energy savings and mindful spending
At home, reducing utility costs can offer additional relief. Washing clothes in cold water, raising the thermostat by one or two degrees and unplugging unused electronics may cut energy bills by 5% to 10%.
Another strategy is scheduling a “no-spend weekend” once a month, focusing on free activities instead of discretionary purchases. Small, consistent changes combined with a clear action plan can reduce stress and improve financial resilience.
“There are definitely worries and concerns, but if you have a good plan in place, with the right heart — it’s all going to be ok,” Roenick said.