VALLEY FORGE, PA — Nearly three-quarters of Americans fell short of their saving and spending resolutions in 2025, but most say they’re determined to bounce back in 2026, according to a new Vanguard survey. The study found that 84% of Americans have set a financial resolution for 2026, with top goals including building an emergency fund and using high-yield savings accounts for short-term objectives.
While optimism remains high—82% of respondents feel somewhat or very confident in their ability to meet next year’s financial goals—each generation faces its own obstacles. Baby Boomers cite unexpected expenses as their biggest challenge (29%), Millennials point to insufficient income (22%), and Gen Z struggles most with living beyond their means (15%). Across all groups, economic uncertainty (22%) ranked as the leading concern.
“Americans are focused on building emergency funds and saving for short-term goals, and they need information and tools to make smarter savings decisions so they don’t fall short of their resolutions,” said Matt Benchener, Managing Director of Vanguard’s Personal Investor business. “Use the end of the year as a time to reset. Americans should take a close look at where they save to ensure they are earning the returns they deserve. A high-yielding savings vehicle, like Vanguard’s Cash Plus Account, can earn more than eight times the average interest of a traditional bank savings account.”
Vanguard’s findings show that while confidence levels vary, financial awareness is growing. Respondents said keeping up with the cost of living (26%) and preparing for unexpected expenses (24%) were their top motivators. Encouragingly, 83% said they have someone they feel comfortable talking to about money—most often a partner or family member.
“We recognize that discussing money, especially sharing financial resolutions and challenges with others, can be nerve-wracking and intimidating,” Benchener added. “That’s why Vanguard offers educational resources and tools, so people can learn more about budgeting, saving techniques, and other critical personal finance topics at their own pace. And, if consumers need extra support, financial advice is more accessible and affordable than ever. Our solutions are designed to meet investors of every stage and need.”
The Vanguard report highlights that although many Americans missed their 2025 financial targets, a renewed focus and stronger confidence may help make 2026 the year those goals are finally achieved.
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