Business
Spending and Saving Better in the New Year: Americans will spend an average of $4,700 to achieve their New Year's Resolutions
Self-improvement is a priority for many Americans as 2026 approaches — and they're willing to invest in it. 42% of Americans plan to set New Year's resolutions in 2026, and they expect to spend an average of $4,700 to achieve their goals, according to data from CIT Bank's 2026 New Year's Resolution Saving and Spending Survey conducted by Harris Poll1. Money is top of mind for many Americans. Of those who plan to make resolutions, 55% are committed to financial resolutions such as budgeting, savi
About this update from First Citizens Bancshares, Inc.
[{"type":"text","content":"RALEIGH, N.C., Dec. 4, 2025 /PRNewswire/ -- Self-improvement is a priority for many Americans as 2026 approaches — and they're willing to invest in it. 42% of Americans plan to set New Year's resolutions in 2026, and they expect to spend an average of $4,700 to achieve their goals, according to data from CIT Bank's 2026 New Year's Resolution Saving and Spending Survey conducted by Harris Poll1. Money is top of mind for many Americans. Of those who plan to make resolutions, 55% are committed to financial resolutions such as budgeting, saving, investing, paying off debt, or building credit.","length":611,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/First Citizens BancShares, Inc.)","displaySize":"","headline":null,"caption":"(PRNewsfoto/First Citizens BancShares, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":75,"url":"https://media.zenfs.com/en/prnewswire.com/03bcd6dc005c3ecad4f9aa2ceeb521b7"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Clq3qp2YnpIjkT65aoiUqg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEzMjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/03bcd6dc005c3ecad4f9aa2ceeb521b7","width":400,"height":75}},"href":"https://mma.prnewswire.com/media/2744847/CIT_Bank_Teal_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""A new year can bring a burst of energy and a fresh perspective. It's a great time to look at your goals and create a savings plan that aligns with what you hope to achieve," said Jose Castro, head of CIT Bank, a division of First Citizens Bank. "Maximizing your savings with a high-yield savings account such as Platinum Savings, with rates more competitive than your everyday bank, can help you reach your savings goals faster. CIT Bank customers can also create savings buckets within their account, dividing their balance between goals like vacation, emergency fund, education and more."","length":620,"tagName":"p"},{"type":"text","content":"Americans are spending on the life they wantAmericans who are making New Year's resolutions in 2026 are showing real commitment to the life they want, expecting to spend an average of $4,700 on achieving their goals in 2026. Spending on these goals varies by gender, as men plan to spend a bit more than women ($5,360 compared to $4,000). Also, the high...