New Year Resolutions: Finances Tops the List
With the start of a fresh year on the horizon, the air is alive with talk of resolutions. Some of us hope to ditch bad habits while others hope to get some improvements started. It’s a given that many Americans use this time of year to resolve to live healthier but according to a recent study conducted by Countrywide Financial Corp’s Bank division, the tides are turning. Their research, which included interviewing some one thousand adults determined that 67 % of participants placed financial fitness at the top of their resolution list. Comparatively only 57% reported 2008 as a year to become more physically fit.
With 2007 shaping up to be a year remembered for a mess in the sub-prime lending industry, a shaky mortgage market, record-high oil prices, massive toy recalls, and a decreasing dollar bill value, it should really come as no surprise that many individuals are hoping to improve things for 2008.
The good news is that analysts are already predicting an improvement in the domestic economy for the upcoming year. We certainly hope so, but only time will tell.
