More than 70% of Americans are worried about money

22News is working for you with some changes you can make today to alleviate some of your financial stress

AGAWAM, Mass. (WWLP) – From school and auto loans, to health care costs, rent, and food, it’s not cheap to get by every month. And it’s stressing Americans out.

More than 70% of American adults were stressed about bills over the last month. Financial experts told 22News people often find themselves in trouble when they can’t pay for the things they didn’t plan for.

“If they have children, the activities that come with that. Unexpected child expenses. Unexpected car repair expenses. If you don’t have any money ready for those expenses you’re going to have to use a credit card or fall behind on your necessity bills,” said counseling manager John Szalicki from Cambridge Credit Counseling.

It’s easy to get behind and suddenly feel really overwhelmed, and most money matters don’t get solved overnight. That’s why it’s so important to make a list of your bills, build your budget based on income, and track your spending.

“People like to have the things they like and 5 or 6 dollars every morning, a 10 dollar lunch every day, going out to eat. People enjoy that but they don’t think about the long term effects of doing that,” Szalicki added.

Financial advisers recommend setting goals for paying off debt, and include retirement savings in your budget as you would any other monthly expense.

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