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5 New Year’s Resolutions for healthier finances


2022 is here and it’s time to set some New Year’s resolutions for a better year ahead. For those looking to set clear goals that they can actually stick to this year, working smarter and not harder is essential.

New analysis and research from Quotezone.co.uk, personal finance comparison experts, reveal 5 New Year’s Resolutions that will not only improve your life but boost your bank account.

  1. Stop smoking

A huff and a puff will blow your cash away! No, seriously, aside from chronic health issues, just one cigarette a day has the potential to affect your life insurance policy and drive-up premiums. Cutting out smoking over the next 12 months could reduce your insurance premiums by a third.

Similarly, the average smoker spends almost £5,000 a year on cigarettes. Giving up the bad habit will dramatically reduce spending over the next twelve months, leading to a healthier body and bank account.*

  • Eat healthier

Getting the right nutrition isn’t just a great way of working towards a healthy lifestyle, it also helps to get your finances into shape. Eating healthier contributes to lowering the amount of money you spend on life insurance. Your height to weight ratio will be considered and if you are classed as overweight or obese that could significantly impact the premiums you pay.  

  • Use less energy

Explore energy saving tips for your house such as smart meters, draft excluders, and energy efficient lighting. Even small changes like adding timers to lights, can reduce the use of non-renewable resources and keep energy bills low.  

  • Avoid single-use plastics

If you’ve already gone energy green in 2021, there are other resolutions you can make to save the environment: no more single-use plastic. If you can’t cut out your takeaway coffee altogether this year, then invest in a reusable cup. Many cafes offer a discount, which will reduce the amount you spend on warm drinks – reducing your plastic consumption and putting a little extra change back in your pocket each day.

  • Reduce household spending

Instead of hitting the January sales this year, shop around for the best suppliers for household bills, including gas, electricity, phone, and internet. Some providers have been known to automatically upgrade you to a more expensive tariff as soon as your contract expires. Comparison sites are a great way to help you gather information and give you an overview of what’s on offer across multiple suppliers instantly.

Greg Wilson, Founder of Quotezone.co.uk, comments:

“Few people will disagree that the last few years have been tough, but unfortunately we aren’t entirely out of the woods yet. With concerns about the pandemic likely to continue into the new year, and the knock-on effect that could have on both personal finances and the wider economy, this could be a good opportunity for people to make a resolution to focus on getting their finances into better shape.”

Quotezone.co.uk is one of the UK’s leading financial comparison websites, helping over 3 million users find a more competitive deal on everything from car and home insurance to personal loans.

This article is intended as generic information only and is not intended to apply to anybody’s specific circumstances, demands or needs. The views expressed are not intended to provide any financial service or to give any recommendation or advice. Products and services are only mentioned for illustrative rather than promotional purposes.