As 2026 approaches, financial resolutions are in focus. Setting realistic money goals, tracking progress, and reviewing beneficiaries are key steps. Budgeting is crucial, with 69% of Americans living paycheck to paycheck. Credit card debt, with an average APR of 21.39%, is a major wealth killer. Building an emergency fund is vital, yet 24% of Americans have none. Aim for three to six months of expenses and automate savings for a secure financial future. In 2026, workers aged 60-63 can contribute up to $34,750 to their 401(k) plans under the One Big Beautiful Bill. High earners must put catch-up contributions into a Roth account if they made over $150,000 the previous year. Start with a 1% auto increase and aim to hit the $24,500 maximum contribution limit.

Investors often make mistakes by being too reactive in the market, leading to underperformance. Stocks historically have an 81% chance of positive returns annually. Avoid being overly transactional and reactive to headlines. Check your portfolio quarterly, rebalance when needed, and focus on long-term strategies like tax-loss harvesting and diversified index funds.

CEO Phil Battin highlights three investment themes for the year ahead: infrastructure, energy for AI data centers, and cybersecurity. Diversification through funds is recommended over individual stock picking. Patience is key in financial decisions, as living beyond means leads to unnecessary spending to impress others.

Don’t be too hard on yourself financially; focus on progress, not perfection. Give yourself grace when mistakes happen, and don’t get discouraged. Like with dieting, it’s about getting back on track the next day and working towards financial goals.

Read more at Yahoo Finance: New Year’s resolutions for your money that you can actually keep