6 New Year’s resolutions to boost your financial fitness in 2025
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6 New Year’s resolutions to boost your financial fitness in 2025

The Independent  

The ‘fresh start effect’ refers to our tendency to want to take action towards achieving a goal in line with a special occasion or key date – like a new year. Set financial goals New Year’s resolutions are good for targeting areas of your life such as health and wealth. The nation’s biggest savings goals are to build a rainy day fund to cover unexpected costs, followed by saving for holidays and later life, but some 14 million people in the UK have less than £100 in savings, according to the Building Societies Association, causing worry, anxiety, shame and guilt. Andrew Gall, head of Savings and Economics at the Building Societies Association, said: “It’s sad to see that so many people who have successfully managed to build a savings pot are missing out on several hundred pounds of interest a year.

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