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56% Say Inflation is Their Biggest Financial Concern for 2025 + Top 15 Financial Resolutions

Written by Chris Boyle  |  19. December 2024

With holiday shopping in full swing and inflation season breathing down our necks, 56% of Americans say inflation is their biggest financial concern for 2025, according to a new WalletHub survey released today. In order to provide a playbook for how to overcome financial obstacles and make improvements in the new year, WalletHub also released its list of the Top 15 Financial Resolutions for 2025.

Key Findings

  • Biggest Worry for 2025: 56% of Americans say inflation is their biggest financial concern for 2025.
     
  • Frugal New Year's Festivities: More than 3 in 5 Americans expect to spend less money on New Year’s plans this year compared to last year.
     
  • Wallet Optimism for 2025: Nearly 2 in 3 people say that 2025 will be better for their wallet than 2024.
     
  • Financial Resolutions: 52% of Americans are planning to make finance-related New Year’s resolutions.
     
  • Manifesting More Money: 41% of people making a financial resolution say they want to save more, while 21% want to spend less and 20% want to make more money.
     
  • Stressed by Resolutions: 62% of Americans think New Year’s resolutions add too much pressure.
     

WalletHub’s Top Resolutions for 2025

 

1. Make a realistic budget & stick to it

9. Protect your identity

 

2. Get a 5%+ return on your cash

10. Focus on physical health, given its
      strong connection to financial health

 

3. Save more money

11. Look for a better job

 

4. Explore ways to refinance high interest
    rates

12. Make sure you have enough insurance
      for a catastrophe

 

5. Repay 25% of your credit card debt

13. Get an A in financial literacy

 

6. Use different credit cards for everyday
    purchases & debt

14. Improve your WalletScore

 

7. Fight back against inflation

15. Join a Credit Union

 

8. Pay bills right after getting your
    paycheck

 

 

 

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