So, another New Year has just begun, which I always get excited about and as I always find, it is a time to start afresh. Many people celebrate the start of the New Year, in fact research shows that in the USA 360 million glasses of champagne and sparkling wine are consumed at this time, according to research carried out by Wallethub.
Celebrating the New Year has been happening for centuries, the earliest records show that the Babylonians celebrated the New Year 4000 years ago with an 11-day festival, which involved a different ritual on each day. The festival was called Akitu, and it celebrated a victory of the sky god, Marduk, over the evil sea goddess, Tiamat1.
But it’s not just a day of celebrations it’s also a day when many of us set our resolutions, which involve some form of change, such as exercising more and saving more, apparently these were noted to be the most popular in 20242. According to research by Forbes the trend of setting New Year’s resolutions was expected to be more widespread in 2024, as their research reveals that in 2023, less than one in five people (19%) set resolutions3.
When reading this article, your New Year’s Eve has probably passed by, but this doesn’t mean you can’t set yourself goals for the year ahead. If you are unsure where to begin, why not look back at last year or your current position and ask yourself how you would like it to be different and then make that your goal to go forward.
Following this, sit down and write out the steps on how you see yourself achieving your goal, this should make it much clearer and help you to focus on it. We do receive an influx of calls following the New Year probably due to the fact that saving more is a popular resolution.
So if you need help with setting financial goals why not pick up the phone today and book our free without obligation consultation.
*1 twinkl.com
*2 Statista.com
*3 Forbes Advisor UK