New Year, New You. Leave Busted Budgets Behind January 29, 2025 Download infographic as PDF AMERICANS STRUGGLE WITH FINANCIAL RESOLUTIONS The new year is a great time to reevaluate your finances, form a new budget and work on better financial habits. Setting a budget is one thing – but sticking to it? That’s another story. • 59% of U.S. adults are uncomfortable with their level of emergency savings 4 • 27% have no emergency savings at all 4 • Only 44% of people can pay an emergency expense of $1k or more from savings 4 If you’re not prepared, emergency expenses can throw your budget off track and ruin your resolution. PROTECTION PRODUCTS KEEP YOUR BUDGET SAFE When faced with an unexpected expense, a protection product can help spare some or all of the expense of a repair or replacement on products like: • TVs, computers, tablets and phones • Vehicle components • Home appliances Be sure to protect your budget by purchasing an optional service contract. 1 New Year’s Financial Resolutions Survey. (Wallethub.com) https://wallethub.com/blog/new-years-financial-resolutions-survey/69652. 2 WalletHub Releases New Year’s Financial Resolutions Survey. (Acainternational.org) https://www.acainternational.org/news/wallethub-releases-new-years-financial-resolutions-survey/. 3 New Year’s Resolutions Statistics and Trends [2024]. (Driveresearch.com) https://www.driveresearch.com/market-research-company-blog/new-years-resolutions-statistics/. 4 Bankrate’s 2024 Annual Emergency Savings Report. (Bankrate.com) https://www.bankrate.com/banking/savings/emergency-savings-report/. New Year, New You: 2025 $ Share This LinkedIn Facebook Twitter