Money matters! 45% of Brits resolving for financial freedom in 2024

News
Joanne Swann
a pile of british coins sitting on top of a table

American Express has released its latest Amex Trendex report, focusing on New Year’s resolutions for 2024. According to UK data, 65% of Brits are likely to set New Year’s resolutions for 2024.

17% of Brits say they typically stick to their resolution for the whole year, lower than the global figure of 26%. 7% of UK respondents tend to only keep up their resolutions for the first week of January, while a further 18% will abandon them before the end of January.

Physical wellness is the top focus for resolutions, with 56% of UK respondents focusing on this, followed by 45% focusing on personal finance and 32% on mental wellness.

Physical and mental wellness

Quality of life was seen as an important factor in setting health and wellness resolutions this year. 79% of Brits said they were setting physical and mental wellness resolutions as they wanted to be healthier, 67% are looking to better their quality of life and 63% are aiming to improve their mental health.

In order to realise their physical wellness resolutions, 78% of UK respondents indicate they plan to eat healthier, while 68% say they want to focus on outdoor activities. Drinking less alcohol came in at number three for physical wellness resolutions with 35% saying they want to prioritise drinking less this year.

Unsurprisingly getting a gym membership (28%) and joining in-person fitness studios (19%), offering classes such as yoga, pilates or spin classes, were also amongst the top ways Brits plan to realise their physical wellness resolutions.

Of the 19% of respondents who are focusing on spa or health regimens, infrared saunas (36%), sound baths (31%), and gua sha facials (28%) were popular options.

Personal Finance

Brits are also prioritising personal finance in 2024 with 45% factoring it in to their New Year’s resolutions. 50% are doing this to be financially independent and empowered. 42% want to focus on their personal finance goals as they’re saving for a holiday, while 28% said it was because they’re saving for a house.

Joanne Swann, Content Manager, WorkWellPro
Editor at Workplace Wellbeing Professional | Website |  + posts

Joanne is the editor for Workplace Wellbeing Professional and has a keen interest in promoting the safety and wellbeing of the global workforce. After earning a bachelor's degree in English literature and media studies, she taught English in China and Vietnam for two years. Before joining Work Well Pro, Joanne worked as a marketing coordinator for luxury property, where her responsibilities included blog writing, photography, and video creation.

Share

Latest News

Latest Analysis

Related Articles

UK Employers Urged To Spot Signs of Gambling Harms as World Cup Fever Hits

UK employers are being urged to learn how to recognise the signs of gambling harms in the workplace as this summer’s World Cup approaches.

Gen Z ‘Won’t Trade Freedom for Salary’: 80% Would Accept Lower Pay for Greater Flexibility, Survey Finds

Gen Z workers are showing a preference for flexibility over salary, and are ready to accept lower pay in exchange for greater freedom in how and when they work.

Joanne Aitken: Why We Need to Talk About Menopause at Work

Around 4 million women aged 45–55 are working, and 5 million over 50 are part of the UK workforce: an increase of 39% in the past decade.

More Than Half of Employees ‘Feel Like They’re Faking It At Work’

More than half of employees say they feel like they are “faking it” at work despite believing their success comes from their own abilities, according to new research.
Previous article
Over half would make changes to their diet based on information from social media
Next article
World Cancer Day – 4th February