If you racked up credit card debt over the holidays, you’re not alone: about one-third of U.S. adults take on debt each year to pay for holiday expenses. The start of the New Year is a great time to tackle that debt and prepare better for next year so you don’t end up in the same position. Here are the steps to take.

Without fail, the turn of the New Year gives many of us this burst of “you can do it” energy. It’s almost like a new car smell or the gleam of light breaking off the horizon in the wee hours of the morning. A new year is a sunrise to a new set of goals and dreams. One recommendation I offer you now is no matter your goals, you should make them achievable and measurable. Now that we’re feeling good, let's discuss some of the personal financial goals you should have to start the new year!

Transitioning from the end of one year into the next is the ideal time to start planning. You can look at the year holistically and identify any financial conflicts or opportunities early on. Either way, you’ll be more prepared for the big expenses you say “yes” to and know when you need to so “no” or “not right now.” To plan ahead for 2023, consider the following expenses.

The start of the New Year is an inspirational time. The calendar resets along with the resolve to be better and do better at reaching our goals than we achieved in the year prior. Fidelity Investments’ 2025 New Year Financial Resolutions Study, which surveyed more than 3,000 U.S. adults, found that 65% of respondents considered a financial resolution in 2025.

Of those who said they plan on setting a financial resolution, the top three resolutions cited were fairly broad. Here are the most popular money resolutions; if you want to work toward one of these goals, we also share tips to help them stick year-round.

Welcome to a new year! Time to let go of last year and start fresh. That means new budget, new goals, and even a new mindset. You have to change things up if you want different results. So if you want to get your finances together this year, here’s how to cultivate a new mindset and achieve your New Year financial resolutions.