Spring Cleaning Your Finances: Simple Steps to Save Money and Build Better Habits

Spring is a time for fresh starts — and experts say your finances should be part of that seasonal reset.

Consumer advocates recommend setting aside just one hour to review your financial situation, focusing on two key questions: where can you find extra money, and where can you save?

A good place to start is with recurring charges. Subscriptions for streaming services, food deliveries, and other monthly expenses can quietly add up. Taking a closer look at what you’re actually using — and cutting what you’re not — can free up extra cash.

Financial experts also suggest reviewing your purchases to see if you can maximize rewards, such as using credit cards that offer cash back. The goal, they say, is not to take on more debt, but to make smarter use of spending you’re already doing — while staying disciplined about paying it off.

With many people receiving tax refunds this time of year, experts recommend dividing that money into three categories: spending, saving, and investing in your future. That could mean paying down debt, building an emergency fund, or contributing to retirement savings.

Another helpful tip is to give your savings account a clear purpose. Naming your savings — whether it’s for a vacation, emergency fund, or future purchase — can create a stronger emotional connection and make it easier to stay committed.

Experts say the most important step is simply getting started. Even small actions can make a big difference over time, helping you build better financial habits and move toward greater stability.

Explore: NBCPalmSprings.com, where we are connecting the Valley.