Financial stability 'people's top new year's resolution'
More than 20 million UK consumers plan to make new year's resolutions - and sorting out their finances, perhaps with the help of a credit card, has topped the list of promises for 2009, according to new research.
Financial stability 'people's top new year's resolution'
More than 20 million UK consumers plan to make new year's resolutions - and sorting out their finances, perhaps with the help of a credit card, has topped the list of promises for 2009, according to new research.
Carried out by Gocompare.com, the study of more than 2,000 adults suggested just under half (43 per cent) of people plan to make new year's resolutions this year.
Of those making promises, 60 per cent of respondents said they intended to improve their financial position and pay off debts.
However, it could take more than good intentions and willpower to end 2009 in a good monetary position as - on average - resolutions are kept for just 14 weeks.
"In the current financial climate, it's not surprising that money matters top the list. While most people surveyed make resolutions out of habit or tradition, nearly a third do so in the hope of genuinely changing their behaviour," comments Hayley Parsons, chief executive of Gocompare.com.
Meanwhile, Capital Economics recently noted that the economy needs people to start spending on their credit cards in order to revitalise the economy.
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