More Americans look to financial resolutions for 2026 as budget concerns linger

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As the New Year begins, many Americans are contemplating financial resolutions for 2026, focusing on short-term savings goals, as per a recent study by Fidelity Investments.

Fidelity’s annual survey revealed that 64% of participants are thinking about a financial resolution for the upcoming year, marking an increase from 56% in the previous year.

The top three financial resolutions have remained consistent, with 44% aiming to save more money, 36% looking to pay off debt, and 30% intending to reduce spending.

“For the second consecutive year, Americans are placing more emphasis on short-term savings goals,” said Leanna Devinney, market leader at Fidelity Investments, in an interview with FOX Business. “Similar to last year, they are prioritizing goals like building emergency funds and reducing debt over long-term objectives.”

The study highlighted that 55% of individuals feel overwhelmed by personal finances, with 31% finding their financial situation stressful. Millennials (68%) and Gen Z (64%) were the most overwhelmed among different age groups.

64% of respondents are considering a financial resolution for the new year, an increase from 56% last year. Nattakorn – stock.adobe.com

There is a growing sense of stress among Americans when it comes to saving for various goals, such as paying bills (35%), monthly expenses (34%), healthcare costs in retirement (30%), and having enough retirement savings (30%).

The study also revealed that nearly 75% of Americans experienced a financial setback last year, leading to a focus on building savings for unexpected emergencies, with 20% facing an unforeseen non-health emergency.

“In 2025, 72% of Americans reported a financial setback, and 55% feel overwhelmed by their finances,” Devinney explained. “Due to rising prices, 33% believe they have significantly less money.”