We do it every year between Christmas and New Year when we start to consider what the next 12 months will be like and what we can do to make life better for ourselves.
New Year resolutions take many forms and most of them don’t last beyond a month with research showing January 12th is the day most people cave in – dubbed Quitter’s Day by social network site Strava.
Spokesman Gareth Mills said: “Sticking to resolutions is hard and we all know there’s a lot of talk and pressure in January. A key factor in success is motivation, and analysing millions of activity uploads, we’ve been able to pinpoint the day your motivation is most likely to waver.”
You can make a New Year resolution about virtually anything, but the most popular are:
- Exercise more 38i%
- Lose weight 33%
- Eat more healthily 32%
- Take a more active approach to health 15%
- Learn a new skill or hobby 15%
- Spend more time on personal well-being 12%
- Drink less alcohol 12%
- Stop smoking 9%
A poll of 2,000 people by BUPA found that over half of those who actually made a resolution were not confident that they would stick to it.
One in five admitted they had set their goals too high while 58% or women and 45% or men said setting smaller goals helped them to last the course.
Psychology lecturer Philip Clarke said the biggest mistake many people made was identifying something they wanted to achieve but gave no thought as to how they were going to do it.
He said: “They set long-term outcome goals such as getting a ‘dream body’ or to spend more time with family and, as a starting point, these sound like good goals. The problem is that the goal-setting process for many people stops there.
“People who develop action plans experience less anxiety, more confidence, improved concentration and greater satisfaction about achieving their goals and are more likely to succeed.”
Other popular resolutions include: managing debt, saving money, getting a better job or education, reducing stress, taking a trip or volunteering.
Free PPI check
If you are one of those who did make a resolution only to see it crumble before Quitter’s Day, it’s not too late to make a new one and one that could be financially beneficial to you – find out if you could reclaim PPI.
Millions of people across the country have already made a claim for mis-sold PPI and financial firms have paid out £33.3 billion in compensation since January 2011.
PPI claims deadline
But there are now only months left in which a claim can be made as the Financial Conduct Authority (FCA) have set a final deadline for new claims at August 29th this year.
Anyone who thinks they may have a viable claim for mis-selling must make sure it is received by their lender before that date or lose the chance forever.
The banks are currently receiving thousands of new claims a week and compensation is being paid at an average of £⅓ million a month.
If you believe you may have been mis-sold PPI over the last two decades we are happy to make a Free PPI Check** for you to see if the insurance was ever attached to one of your financial agreements.
If PPI is found, you can go onto make a claim to recover any money you may be owed.
Either click here and complete the initial form or call our friendly knowledgeable staff on 0800 862 0375.