New Year 2026 money resolutions: Every December starts with the hope of the next year, and it ends with making an ambitious list of New Year’s resolutions. From fitness routines to spending habits, everyone wants to save money ‘next year’ and get richer. This is a quick guide to money resolutions that you can actually follow in the New Year 2026.
From Warren Buffett to Ramit Sethi, these resolutions are not just greatly followed by are also here to stick. Using the guide to psychologically motivated New Year’s resolutions, Financial Express previously shared that quantifying, specifying, and detailing your goals is the perfect way to maintain those resolutions. Be it building your savings or making bank from investing, these money resolutions for the New Year 2026 can go a long way and into a richer year.
New Year 2026 money resolutions
- Compound Patiently – Warren Buffett
Warren Buffett, ace investor and Oracle of Omaha, his money lessons are pretty foolproof. Advocating patience, the Berkshire Hathaway founder believes in ‘living below means.’ While that may not sound luxurious, it is one of the secrets behind his six decades of success. His idea is to lead a lifestyle that dodges inflation and redirect material upgrades to things with something to offer in return, like index funds.
- No Credit Card Debt
Clear your dues, pay your bills, and believe in cash. That is what Warren Buffet believes. The Oracle of Omaha uses paper money, 98 per cent of the time and calls the 18-20 per cent interest ‘insanity’. Automating bill payments will increase accountability and reduce reliance on credit.
- Avoid Stupidity – Charlie Munger
Yes, it may sound bizarre, but invert your problems and avoid stupidity. Munger advises to only borrow appreciating assets over interest. He focuses on cutting down low-value habits like frivolous luxuries, including that daily run for overpriced coffee and depreciating luxuries.
- Allocate ‘fun-money’
Avoidance rarely works, but incentives do! Allocate some part of your budget only for frivolous expenses and call it your ‘fun money’. From travel to eating out or your retail therapy, this budget will allow you to have fun and avoid overspending at the same time. Set a fixed amount for fixed activities and review your progress over time.
- 60/20/10/10 rule – Ramit Sethi
Sethi suggests a simple 60/20/10/10 rule for managing your expenses. Take out the share of different costs you bear each month and factor in every possible you may come across. Be it fixed or frivolous, give 60% to fixed costs, invest 20%, save 10%, and 10% for guilt-free fun. Automating will enable a stress-free bill month, and giving yourself challenges will motivate you to stay on top of these money habits for a better New Year 2026.
