subject: Fun Or Finances - What Should You Focus On In 2011? [print this page] 2011 is almost here and many of us are setting goals making those annual New Year's resolutions. This is an effective way to improve your life.
But it's important to be responsible with your money at the same time.
TD Ameritrade conducts an annual New Year's Resolution Survey. You shouldn't worry to much about money. But you should find a way to stay within your budget while you find new ways to relax and have fun. 67 percent of those questioned plan on having more fun in 2011. The same number or respondents (67%) want to reduce stress in the New Year.
However, staying on top of finances is still important. TD Ameritrade found 75 percent of those who took the survey still plan on making at least one finance-related resolution for 2011. That number rose 2% from last year and it's 6% higher than the New Year's resolutions made in 2009 when just 59% said they wanted to save more money.
It's been a tough few years in the United States. While the recession may technically be over, many Americans are still struggling. The Unemployment rate is hovering just under 10% and millions of homeowners are having a tough time paying their mortgages. It doesn't seem like a good time for most Americans to consider an extravagant family vacation.
Yet the TD Ameritrade study shows people are feeling more confident in their ability to handle their bills and write checks to pay off debt.
65% respondents said they plan to save more money in 2011. A new survey found Americans want to spend more time relaxing in 2011, but they still think money matters are very important.