Other financial pledges include creating a weekly food budget (17 percent), opting for second hand clothes (17 percent), cancelling streaming services (15 percent), keeping a loose change jar (13 percent) and having a cull of unused app subscriptions (13 percent).
In fact, one in four (25 percent) admit that every year they go into the New Year fretting over finances, as a result of January being a long month (53 percent), festive season overspending (36 percent) and hefty bills landing at the start of the year (29 percent).
The survey, commissioned by Ford Money, uncovered the clever ways Brits intend to cut back and ride the financial storm in 2025 – with cutting back on meals out (37 percent), choosing supermarket own brands (32 percent), using reward cards (31 percent) and hunting for discount codes (29 percent) among the list.
25 ways families are trying to save money in 2025 Eight in ten (82 percent) Brits say getting on top of their finances is their biggest New Years resolution, with Gen Z and Millennials (95 percent) leading the charge.
It’s no surprise that eight in ten (81 percent) are looking for ways to cut back their expenditure, with four in ten (39 percent) planning to set finance goals in the New Year.