Press Release

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Over half of Brits plan to make a New Year’s resolution in 2023, with health and money leading the way

28, December, 2022, LONDON –

The number of Brits who plan to make New Year’s resolutions has grown from last year, with almost 3 in 5 people (58%) planning to make a positive change in the new year.

The annual research from personal finance comparison site, finder.com, found that health is once again the most popular type of resolution, with 28% of the population planning to make positive tweaks to their lifestyle (vs 25% last year)

Perhaps unsurprisingly, resolutions involving money are the second most popular for the coming year. Over a quarter of Brits (27%) are planning to get their finances in order in the coming year, up significantly from 21% last year.

Resolutions based around family take third spot at just shy of a quarter of the population (24%), while Brits are looking inwards for the fourth most popular resolution, which is self-improvement. This has also seen a big rise, from 17% last year to 21% this year.

Almost 1 in 7 people have made resolutions to either travel more or to new places (15%) and the amount of people resolving to work on love next year has remained static, at 14% of the population.

The least popular resolution for the coming year was based around career – 13% are planning to focus on this in 2023.

To see the research in full visit: https://www.finder.com/uk/new-years-resolution-statistics

Lousie Bastock, Editor at the personal finance comparison site, finder.com, said:

“Saving money has dominated the news agenda this year, and the public are clearly planning to continue this trend. Here are a few simple tips that could potentially help you with your money resolutions in 2023:

“The recent rise in interest rates have had a beneficial knock on effect for savers. There are now some good interest rates out there for the first time in years. While they are not inflation beating, it still makes sense to look for the best rates to help claw back the money that inflation is effectively taking from your savings.

“Digital-only banks, and most traditional banks, now have a ‘savings pot’ feature. This allows you to squirrel away your savings into specific pots and some apps can also round up purchases to the nearest pound, putting the spare change into a dedicated pot. This can be a helpful way to ensure you always have a safety net or save up for a specific item or holiday.

“It’s also worth checking whether you might be paying over the odds for your phone contract. Many people will purchase the latest model of a phone despite not needing a lot of the additional features that come with it, and paying expensive contract fees for phone data and minutes that they don’t use. If your phone contract is due to expire, try looking at second hand phones from companies such as CEX and Facebook Marketplace. You can purchase these at a lower up-front price, along with a monthly pay-as-you-go SIM to ensure you’re only paying for what you need.”

Methodology:

Finder commissioned Censuswide between 14th-16th December to carry out a nationally representative survey of adults aged 18+. A total of 2,000 people were questioned throughout Great Britain, with representative quotas for gender, age and region

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Disclaimer

The information in this release is accurate as of the date published, but rates, fees and other product features may have changed. Please see updated product information on finder.com's review pages for the current correct values.

About finder.com

finder.com is a personal finance website, which helps consumers compare products online so they can make better informed decisions. Consumers can visit the website to compare utilities, mortgages, credit cards, insurance products, shopping voucher codes, and so much more before choosing the option that best suits their needs.

Best of all, finder.com is completely free to use. We’re not a bank or insurer, nor are we owned by one, and we are not a product issuer or a credit provider. We’re not affiliated with any one institution or outlet, so it’s genuine advice from a team of experts who care about helping you find better.

finder.com launched in the UK in February 2017 and is privately owned and self-funded by two Australian entrepreneurs – Fred Schebesta and Frank Restuccia – who successfully grew finder.com.au to be Australia's most visited personal finance website (Source: Experian Hitwise).

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