This is the top financial concern for Americans heading into 2025

No new year celebration goes without the usual pressure to come up with a resolution or two. For many, these involve health, fitness, and family. For others, money is top of mind.

Experts at WalletHub recently surveyed 220 Americans to find out what types of resolutions they plan to make for 2025, and they uncovered some interesting trends.

56% said inflation is their biggest financial concern for 2025. Around three in five respondents said they plan to spend less money on New Year’s plans this year compared to last.

Yet, at the same time, around two-thirds said they expect 2025 to be better for their wallets than 2024.

According to WalletHub, 52% of Americans are planning to make finance-related New Year’s resolutions, second only to health (71%). Education-related resolutions were third at 47%.

One of the main reasons Americans are so concerned about inflation, the survey found, is because they are spending too much and saving too little.

The average U.S. household has just $8,000 in savings and an average credit card debt of $10,757, according to WalletHub.

Forty-one percent of the survey respondents said they want to save more in 2025, while 21% want to spend less, and 20% want to make more money.

If you don’t believe in making New Year’s resolutions, you’re not alone. The survey also found that 62% of Americans think New Year’s resolutions add too much pressure.