Digimind, a social media monitoring and analytics company, has monitored social media activity throughout the month of December to determine the most popular New Year’s resolution topics in the U.S. and around the world.
Digimind found the top three New Year’s resolution topics were health, travel and money, respectively. Breaking the data down by region, health was found to be the most popular New Year’s resolution topic in the U.S and Canada, as well as in Europe and the Middle East, while saving money was the most popular topic in the Asia Pacific, and travel was the No. 1 topic in Latin America.
Other popular New Year’s resolution topics included exercising more and eating healthier, quitting smoking or drinking and spending time with family, among others. This is in keeping with recent data from Sprinkr, which found Twitter and Instagram users also expressed an interest in quitting smoking and working out more often (among other goals).
Check out Digimind’s infographic below for more.
Readers: Do you have any New Year’s resolutions for 2016?
Money challenges seem to be popular at the end of the year, probably because we’re all nursing our holiday spending hangovers. These challenges might be gimmicky, but they’re still a great first step for getting started with personal finance.
If you’ve never heard of a money challenge, it’s basically a goal with steps to motivate you to save more cash during the year. Chief among these is the 52-week challenge, and there are a number of variations on it. As popular as these challenges are, not everyone is a fan. When I wrote about them once at Get Rich Slowly, some readers said money challenges simplify personal finance; they don’t focus on the big picture. Others say they aren’t ideal savings strategies: automatically paying yourself first is the best, most practical savings habit you can develop.
Those are valid points, but here’s why I think money challenges are still great for personal finance:
Challenges appeal to money noobs: To a lot of people, personal finance is intimidating. Most don’t know where to start, so they don’t start at all. But a first step is all it takes. If you’re not sure how to take that first step, a challenge is an easy, accessible way to get your feet wet in the personal finance world.
Challenges are fun: Let’s face it, personal finance isn’t the most exciting topic. Turning it into a game can be motivating. You might actually look forward to managing your money when it’s presented as a challenge instead of a chore.
Finally, money challenges are great learning opportunities. It’s hard to make it through a challenge without learning a thing or two about your habits. If you’re looking to get started, here are a few more of these challenges and techniques we’ve covered:
While there’s definitely more to personal finance than these challenges provide, they’re still a great introduction to money management.