Survey Reveals Americans’ Top 2024 Resolutions: Fitness and Finances Top the List

The start of a new year often brings with it a sense of renewal and a desire for self-improvement. According to a recent survey conducted by Forbes Health, the top two resolutions for Americans in 2024 are getting physically fit and shoring up their finances.

While the focus on physical fitness is a common resolution, the emphasis on financial health is particularly timely given the recent bout of inflation that has affected many households. To help individuals improve their economic situation, experts suggest a combination of increasing income through side hustles and reducing expenses through budgeting.

One simple money-management guideline that can help individuals get their finances on track is the 50/30/20 rule, which allocates a portion of income to necessities, wants, and savings. Middle-class Americans shared their tips for saving money on essentials, including food, maintenance, utilities, and non-essential expenses.

When it comes to saving money on food, experts recommend eating out less and planning meals in advance to avoid costly restaurant bills. Additionally, growing your own food can be a cost-effective way to enjoy fresh produce while saving money.

Regular maintenance of vehicles and homes can also help individuals avoid costly repairs down the road. By performing DIY maintenance tasks, individuals can save money on monthly expenses.

Cutting back on energy usage and using appliances during off-peak hours can help reduce utility bills. Additionally, reducing non-essential expenses such as owning multiple cars or subscribing to unnecessary streaming services can free up extra cash.

Ultimately, by implementing these budgeting tips and making small changes to their spending habits, individuals can work towards achieving their financial goals in 2024.