Financial Goals and Resolutions - The start of a new year is an opportune time for individuals to review and realign their financial goals, focusing on both short-term and long-term objectives [1] - Financial resolutions for 2026 should emphasize an optimistic yet realistic vision for the future, encouraging individuals to clarify the reasons behind their financial strategies [2] Actionable Plans - To avoid unrealistic expectations, financial coaching emphasizes creating actionable plans rather than setting vague resolutions, which can lead to disappointment [3] - A practical approach includes tracking progress and adjusting plans as necessary, such as checking credit reports and establishing a savings account with manageable contributions [4] Budgeting Strategies - Creating a budget is a fundamental step in achieving financial goals, with various techniques available, including the 50/30/20 plan [5] - Individuals facing financial challenges, such as job loss, may need to reassess their finances and explore options like debt consolidation to manage and pay off debt effectively [6]

Igor Suka / Getty Images Its easy to set the bar high when you're starting off a new year, and then lose your way. One way to improve your shot at success with a financial resolution is to come up with a realistic and simple plan. Key Takeaways The most popular financial resolution Americans made for 2025, included saving more money (43%) and paying down debt (37%), and spending less (31%), recent survey found. Craft a mix of resolutions focused on short and long term goals, like paying off credit card ...

More Americans are considering making financial resolutions as they approach the new year with a focus on short-term savings goals, according to a new study by Fidelity Investments. Fidelity's annual study found that 64% of respondents are considering a financial resolution for the new year, an increase from 56% last year.It also found that the top three financial resolutions have remained consistent year-over-year, with 44% saying they want to save more money, 36% wanting to pay down debt, and 30% looking ...

Younger adults are more likely to make New Year’s resolutions, according to the Pew Research Center, but that doesn’t mean retirees should sit them out. Retirement is one of the best times to revisit long-term money habits, reset priorities and create a plan that supports the retirement lifestyle you want. To help, here are top financial New Year’s resolutions money experts say actually work for retirees. Check Out: I’m a Financial Advisor: My Wealthiest Clients All Do These 3 Things See Next: 6 Safe Accou ...

Core Insights - A significant number of Americans are setting financial resolutions for 2026, with a focus on building emergency funds and utilizing high-yield accounts for savings [2][4] - Confidence in achieving these financial goals varies by generation, with economic uncertainty being a common concern across all age groups [3][6] Group 1: Financial Resolutions - Over 80% of Americans have set financial resolutions for 2026, with the primary goals being to build an emergency fund and use high-yield accounts for short-term savings [2] - Among those planning resolutions, 70% aim to save more money, while 49% intend to spend less [5] Group 2: Generational Concerns - 82% of respondents feel somewhat confident about achieving their financial goals, but concerns differ by generation: Boomers worry about unexpected expenses (29%), Millennials about insufficient income (22%), and Gen Z about overspending (15%) [3] - Economic uncertainty is the biggest concern for all age groups, affecting their saving and spending plans [3] Group 3: Motivations and Financial Advisory Interest - Key motivators for setting financial goals include rising living costs (26%) and preparing for unexpected expenses (24%), leading to increased interest in financial advisors [6] - A Wells Fargo survey indicates that nearly all respondents aged 25 and older with household incomes under $100,000 have set or are considering financial resolutions for 2026 [4]