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Fidelity’s Top Financial Resolutions in Uncertain Times

As the country rings in the new year, Americans are feeling less-than-optimistic when it comes to 2023, according to Fidelity Investments®’ latest New Year’s Financial Resolutions Study. In a dramatic shift from last year’s results, more than a third of respondents say they’re in a worse financial situation than last year, likely due to inflation concerns, and only 65% believe they’ll be better off in the coming year. The good news? About half say they’re ready to “live sensibly” or “plan ahead,” which means making practical resolutions and staying focused on balancing short-term and long-term financial goals. In addition, younger Americans continue to serve as a beacon of hope, with more than three-quarters saying they’ll be better off financially in 2023.