How to Make, and Keep, New Year’s Financial Resolutions
The New York Times••business
Key Points:
- Many people make New Year’s financial resolutions, such as boosting savings or paying off debt, despite often failing to keep them in previous years.
- A Vanguard survey found that most Americans have financial resolutions for 2026, but about 75% admitted they did not meet their saving and spending goals in 2025.
- Common obstacles to financial improvement include economic uncertainty, insufficient income, and unexpected expenses, with building an emergency fund being the top resolution.
- Experts advise focusing on fewer goals at a time, as having too many (averaging 15) can dilute effort and reduce the likelihood of success.
