Card resolutions abound for 2017
By Sabrina Karl | Published: December 29, 2016
Data whiz and visual storyteller
When it comes to making financial improvements in the new year, many Americans have their credit cards firmly in mind.
A survey fielded by Experian and Edelman Intelligence found that, of the six most common personal finance resolutions, four focus on improving credit card habits in 2017. The most popular of these, cited by 25 percent of the respondents, is to pay off a credit card.
Making a habit of paying off their card balance every month is the second most common card-related resolution, garnering a 20 percent share of Americans. Following closely behind at 18 percent each are making sure to pay credit card debt on time in 2017 and to avoid opening any new cards in the new year.
The top financial resolution of all is to save more money, with 4 in 10 respondents saying they aim to do this in 2017. The other noncard-related resolution in the top six is creating a personal budget, chosen by 22 percent of Americans.
The survey was conducted online in October 2016 among 1,040 U.S. adults age 18 or older. Experian and Edelman released the findings Nov. 28.
To use the graphic on your site, use the following code:
- Millennials most likely to monitor credit scores, plan to improve them – The younger generation is more active in keeping tabs on this important financial barometer ...
- Merchants say mobile wallets coming but won't cut fraud – Most retailers and e-tailers believe mobile wallets will be widely adopted in the next five years, but only about a third think mobile payments will cut fraud ...
- Infographic: We may pay with finger, face, eye or voice in 2027 – A survey found that 80 percent of respondents support payment technologies such as fingerprint sensing, facial recognition and retinal scanning ...