Personal finance matters top New Year’s resolutions

According to research by Gocompare.com, dealing with personal finance matters and reducing personal debt are top of the list of planned New Year’s resolutions for 2009.

Almost half of the adults surveyed said they wanted to get out of debt, cut their credit card costs and bring down their outstanding loan amounts.

Saving was also on the agenda with 15% of the respondents saying they propose to save more in a deposit account in 2009. 10% also stated they planned to invest in their pension.

Hayley Parsons, chief executive at Gocompare.com said ‘ Nearly half of those surveyed plan to make New Year’s resolutions in 2009. And, in the current financial climate it’s not surprising that money matters top the list.’

She went on to say that ‘Of those making financial resolutions, 42% want to save on outgoings. A really effective way of achieving this goal is to make sure that you are getting a good deal on your insurances and other financial products. Comparison sites like Gocompare.com can help by taking away the hassle of shopping around.’

The more traditional resolutions of losing weight, stopping smoking and getting fitter also featured prominently in the survey results as you might expect.

Despite all the good intentions though, unfortunately only 38% of people who make New Year’s resolutions manage to stick to them beyond the end of January.