Americans focus on budgeting with new strategies for debt reduction

In 2025, budgeting is a key focus for many Americans, with 42% prioritizing debt reduction. A report from the Certified Financial Planner Board highlights the importance of understanding finances and spending patterns. Michela Allocca, founder of Break Your Budget, suggests a "zero-based, three-bucket" budgeting method. This approach allocates income into essentials, non-essentials, and financial goals. Allocca recommends a "weekly money date" to review and adjust budgets. This practice helps individuals stay on track and adapt to changing financial situations.