Monday, December 30, 2024

2025: The Top Resolution Is To Save Money


A new year means new resolutions, and people in the United States are seemingly on the same page going into 2025. According to recent surveys, above all else, Americans are looking to save their money.

A Statista consumer insights survey of 1,050 U.S. residents assessed what New Year’s resolutions are the most popular, and a fifth of respondents said they are watching their wallets next year, reports ajc.com.

“Planning to save more money is once again top of mind for many Americans making resolutions for 2025,” data journalist Anna Fleck reported. “Data from a recent survey by Statista shows that one in five U.S. adults are committing to the financial goal. Vows to eat healthier, exercise more and lose weight were the next most commonly cited resolutions this year, picked by between 15-19 percent of respondents. Four in ten U.S. respondents said that they do not plan on making any resolutions for next year.”

The data gathering platform was not the only one asking around, either. According to YouGov, an international online research data and analytics technology group, conducted a survey of 1,109 Americans this month. Once again, saving money was the top resolution among respondents. YouGov’s survey takers were also more likely to focus on saving money than Statista’s, with 26% saying they plan to put more money away.

Just like with Statista’s survey, improving physical health came in second place. Exercise, improving happiness and eating healthier finished out the top five.

The Allianz Life 2025 New Year’s Resolutions Study, completed by Allianz Life Insurance Co. of North America, determined more Americans are focused on their finances going into 2025 than they’ve been for a decade.

Around 38% of their respondents said financial stability is their top focus for next year.

“With the rising cost of living, Americans are prioritizing financial stability as part of their New Year’s resolutions in 2025 to achieve greater security in the coming year,” Kelly LaVigne, vice president of the company’s consumer insights, said in a news release. “The new year is an ideal time for Americans to examine the status of their finances, write down their goals, and create a financial plan for the year ahead.”

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