According to research from JP Morgan Asset Management, two-fifths of Britons will tackle fresh financial goals in 2013, although a quarter of respondents admitted they were not confident in making the right decisions about their money.
A savvy 24 per cent of people claimed they would review their financial situation in the New Year, which is paramount for getting a reign on their money so they can ensure it is working hard for them.
The research revealed Britons' top five financial concerns for 2013, which were as follows: repaying debts; regular saving; reviewing their finances; saving into an ISA and repaying a mortgage.
Head of UK Funds Marketing at JP Morgan Asset Management Keith Evins explained that addressing financial concerns sooner rather than later was important as we emerge from an expensive festive season.
He said: "I urge Britons to consider both short and long-term goals; repaying debt is a great place to start in the short-term and offers a clean slate to then start thinking about the broader financial future, such as building up rainy-day savings and planning for retirement."
While one in ten respondents claimed they would begin saving on a regular basis and seven per cent will invest for the first time, a further six per cent of people revealed they would start paying into a private pension fund.
A Variable Cash ISA from Aldermore could be just the account for optimistic Britons looking to build up a considerable pot in 2013, with the account boasting access to tax-free savings without compromising interest rates.
"Whichever way you look at it, and whatever your financial priorities are for 2013 and beyond, the New Year is a good time to take a step back and assess spending and saving habits," Mr Evins said.
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