What financial resolutions will you ring in the new year with? According to Vanguard’s new consumer survey, most Americans feel confident in achieving their 2026 financial resolutions. While that’s encouraging, it also raises the question of which goals are worth focusing on.

In this week’s Money Wisdom Question Series, Heath Grossman, CFP® shares five resolutions to consider making in 2026.

1. Build An Emergency Fund

Unexpected costs are inevitable, so it’s important to be prepared. A good rule of thumb is to save between three- and six-months’ worth of lifestyle expenses. Having that cushion in place can make all the difference when life throws you a curveball.

2. Maximize Your Retirement Plan Contributions

The IRS recently released updated contribution limits for 2026. According to these new limits, you can contribute up to $24,500 to a 401(k) if you’re under 50 years old. Once you turn 50, you’re eligible for an $8,000 catch-up contribution. For IRAs, the contribution limit is $7,500 if you’re under 50, with an additional $1,100 catch-up once you hit 50.

3. Pay Down Debt and Improve Your Credit Score

Two common strategies to cut down debt, and therefore improve your credit score, are the snowball method and the avalanche method. In both cases, you continue making minimum payments on all debts.

With the snowball method, you put extra money toward the smallest balances first, working your way up. This can give you a strong sense of accomplishment as you knock debts out one by one. With the avalanche method, you focus on debts with the highest interest rates, either by percentage or total dollar cost.

4. Save For Short-Term, Fun Goals

In your new year financial plan, remember to set aside some of your budget for things you enjoy. This can include travel, hobbies, and experiences. You work hard to manage your money; you deserve fun and meaningful goals that keep you motivated.

5. Get Personalized Advice

A financial advisor can help you align your financial plan with your personal goals and keep you on track as life changes. If you’re ready to take the next step, we’d be happy to help you make meaningful progress toward your 2026 financial resolutions.