That time of year has come around again where we can leave behind our bad habits of the past and look forward to the year ahead. Many of us have made New Year resolutions, and it seems the top one is to get our debt management issues under control, so we can beat the credit credit crunch and any looming recession problems.

According to research by, almost half of us (43%) made our resolutions before seeing in the start of 2009. 60% of us plan to tackle our finances in the new year by paying off our debts and tightening our purse strings. Of this percentage, almost half are drawing up plans to get out of debt or reduce their credit card debts and outstanding loan amounts.

Hayley Parsons, chief executive at, commented: “Nearly half of those surveyed plan to make New Year’s resolutions in 2009. And, in the current financial climate it’s not surprising that money matters top the list.”