Financial planning and money resolutions 2012
Summary
Financial planning research shows many consumers plan to review finances in 2012, with budgeting and saving top priorities amid cost concerns.Publication details
- Publication date:1 May 2012
- Industry:Financial and insurance services - L
Documents
Research report financial planning 2012PDF | 911 KBResearch report financial planning 2012 PDF | 911 KB - Opens in new window
Among the key findings in this research conducted by Amárach Research on behalf of the National Consumer Agency were that:
- A fifth (21%) of consumers never review their personal finances.
- Nearly 3 in 10 (27%) review finances monthly, with a further 11% reviewing weekly.
- 3 in 4 (75%) plan on carrying out a review of personal finances in the new year.
- The number one money resolution for 2012 is “to budget better” as cited by 35%, followed by “to save more”, at 23%.
- Consumers said their biggest financial worries for 2012 were “not having enough money to meet day to day expenses” (28%) and “not being able to meet unexpected expenses” (20%).
