What are your financial resolutions for 2012?

With the economic situation set to stay just as gloomy, if not more so, in the New Year, we take a look at the top resolutions to make for stashing and spending your money.

A YouGov survey found that the top 10 financial resolutions for 2012 were:

1. 56 per cent of people are planning to cut back on their spending, particularly women

2. Over a third (37 per cent) are going to save more money each month      

3. Similarly, 36 per cent of people hope to reduce their debts                     

4. A small percentage (19 per cent) are going to look for a better paid job to boost their income

5. For 12 per cent of people, ensuring they have the best insurance cover available is a priority

6. While 12 per cent will be cutting down on insurance costs        

7. Just over a tenth of people are keen to shop around for financial providers so they will pay less in charges (11 per cent)

8. And under 10 per cent are going to focus on starting or upping their pension contributions (9 per cent)

9. Eight per cent are going to take more control over investment decisions

10.  And 6 per cent will be switching their bank account

Paying off the mortgage, supporting elderly parents financially, moving house and taking out life and income protection insurance all got votes but didn’t quite make the top 10.

Let us know what your financial resolutions are: