Many Americans set financial goals for the New Year as resolutions rise

As the New Year begins, many Americans are setting financial goals, with 61% of those making resolutions focusing on money. However, daily life can hinder progress, making it essential to prioritize and plan effectively. Financial experts suggest starting with overlooked tasks, such as freezing credit to prevent identity theft and considering umbrella insurance for added protection. Basic estate planning, like creating a will, is also recommended to avoid future complications for loved ones. To stay accountable, individuals should write down their goals and set deadlines. Regular check-ins with family or friends can help maintain focus. Experts emphasize that taking action is more important than striving for perfection in financial decisions.