10 Surprising Little Costs That Ate Your Savings in 2025, According to Money Experts

Economic Challenges in 2025 - Many individuals faced difficulties in saving money and had to rely more on their savings in 2025, indicating a significant financial strain [1] - Experts suggest that the financial landscape will continue to be challenging in 2026, with various factors contributing to increased living costs [2] Factors Affecting Consumer Finances - Tariffs: The introduction of new tariffs is expected to raise prices on imported goods, including furniture and consumer products. Consumers should anticipate ongoing price increases and adjust their budgets accordingly [3] - Credit Card APRs: High APRs on credit cards, often exceeding 20%, are making it difficult for consumers to manage their debts. Experts recommend considering balance transfers to lower interest rates for relief [4][5] - Subscriptions: The proliferation of subscription services can lead to unnoticed expenses. Consumers are advised to track their subscriptions and cancel those that are not used, potentially saving between $300 and $600 annually [6] - Auto Insurance: Rising costs of car parts are contributing to increased auto insurance premiums, impacting overall consumer expenses [7]