Evelyn Erives

Evelyn Erives

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People Are Focusing On Financial Resolutions In 2021

The New Year is less than a week away, which means some folks will be making their annual New Year’s resolutions. And while some may want to lose weight or get healthier, a new survey finds a lot of people are focusing on more financial resolutions this year.

A new Slickdeals survey finds:

  • 73% of Americans are making resolutions about being smarter with money in the New Year.
  • For many, it’s because 2020 was a pretty bad year for them financially.
  • In fact, 47% describe the year as difficult financially.
  • Not surprisingly, 53% of people say the pandemic was responsible for their bad financial situation.
    • 49% were paying more bills
    • 42% had medical expenses
    • 34% had some sort of income loss
    • 23% were laid off or furloughed
  • And for 59% of people, they simply sent more money out of boredom during lockdown.

So, what sort of financial resolutions are people planning to make for 2021? They include:

  • Getting out of debt (38%)
  • Removing unnecessary bills (33%)
  • Seek out more deals/coupons (33%)
  • Spending money more wisely (33%)
  • Using a savings app (30%)

Source: SWNS Digital

Family holding numbers 2021

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