new-years-resolution

Do you fail to keep your New Year’s resolutions? You’re not alone

About 13.18% of Aussies who have made a New Year’s Resolution in 2016 have most likely failed by now.

29 January 2016: What’s the secret to achieving your New Year’s resolutions? According to finder.com.au, technology and living in Tasmania are the most likely contributors to success with resolutions. Picking one goal, and focusing on it will help keep you on track. Sure, social media, apps and friends help you, but staying determined on one clear objective is the key.

A national survey, of 1059 participants, found 58% of Australians - an estimated 11 million people - broke their New Year’s resolutions in 2015. It was discovered that women were more likely to break their resolutions in comparison to men. Out of the people surveyed, it was found that 64% of women would break their resolutions compared to 54% of men.

It only took three months for 15% of Australians to break their resolutions. Around 40% of people broke their promises by September 2015. Of those that were unsuccessful, one in four said they failed to keep on top of their progress as the year went on. One in five said they had too many resolutions to complete and it got too difficult to follow through while 15% said they forgot about their resolutions.

How did each state do for New Year’s Resolutions?   

Why are New Year’s resolutions so hard to stick to?

There are several reasons why resolutions are hard for people. Some forget they made one, others make too many and some just are too busy to follow through with a resolution. Here are some of the most common reasons why people don’t stick to resolutions:

  • I didn’t keep track of my progress: 25.23% fell into this category. This is the most common specific reason for people failing to complete their resolutions. It can be hard, if you don’t have anything motivating or helping you, to stay on track for a whole year.
  • I made too many resolutions: 21.59% claimed this as a factor. Making too many resolutions will result in chaos. Trying to achieve all of them will inevitably lead to you forgetting about one of your resolutions. So try sticking to one before embarking on another.
  • I forgot about it: 14.77% of people forgot they made resolutions. Life gets very busy. When you head back to work after the break, you tend to forgot about the promises you made in the holidays. It’s easy to forget you made a resolution once your work life starts up again. To help you remember, try using an app or have a friend who made a resolution with you so you can do it together.
  • It was too unrealistic: 12.05% had unrealistic resolutions. If you have an unrealistic goal, you shouldn’t expect to achieve it. Set realistic goals, something you know you can achieve. You should typically have one realistic resolution so you can stick to it.
  • Other reasons: 26.36% fell into this category.

How long do resolutions last?

The survey found that New Year’s resolutions were generally broken:

  • Within the first month: 13.18%
  • Within the first three months: 24.09%
  • Three-six months: 20.00%
  • Six-nine months: 12.05%
  • After nine months: 30.68%

How to keep your New Year’s resolution

If you want to keep your New Year’s resolution, the best solution, according to the survey is to move to Tasmania. That’s right. If you move there, you’ll have a 46% chance of keeping your resolution. Keep track of your progress with apps and friends that can help encourage you. Even if you can’t keep your promise, don’t sweat it. Not even half of all New Year’s resolutions are resolved by the following year. If you fail, take a break and try again. You can set goals whenever you like, not just during the New Year.

Jacob Joseph

Jacob is a writer and video journalist with finder.com.au. Credit cards, personal loans and savings accounts are his bread and butter, and he likes nothing more helping people understand the sometimes overly complex world of personal finance.

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