ACCC Discusses Five Financial Resolutions Consumers Never Make But Should

American Consumer Credit Counseling provides consumers with financial resolutions they should consider making in 2019

Boston, MA – January 12, 2019

5 Financial Resolutions Consumers Should MakeThe New Year is usually the time when consumers re-evaluate and make resolutions. While financial resolutions are not the most exciting, they are important. Typical financial resolutions include making a budget or saving money, but there are several others that consumers should consider. To help, national nonprofit American Consumer Credit Counseling (ACCC) provides consumers with five financial resolutions they never thought of and should consider making.

“It is important that consumers take a step back and review their current finances to make achievable goals for 2019,” said Steve Trumble, President, and CEO of American Consumer Credit Counseling. “Take a look at the past year and see what your challenges and success were. Turn your challenges into financial goals for the New Year.”

According to Fidelity Investments’ New Year’s Financial Resolution Study, almost one-third of respondents expect to make a financial resolution, up from 27 percent in 2017. The top resolution was to save more (48 percent), followed by pay down debt (29 percent) and spend less (15 percent). Almost half of the respondents intend to increase their retirement savings by at least one percent.

ACCC discusses five financial resolutions consumers rarely make but should.

  1. Increase credit score – Try to increase your credit score by 20 points or more.
  2. Monitor your credit report – Sign up for a credit monitoring service so you are alerted each time a change is made to your credit report.
  3. Increase emergency fund – Try to increase your emergency fund by one month’s worth of pay.
  4. Make an extra payment on mortgage – Work towards paying one full extra payment on your mortgage by the year’s end. Doing this each year will lessen the length of your mortgage.
  5. Increase contributions – Increase your monthly contributions to your retirement plan, even if it is only a $50 increase, it will add up.

ACCC is a 501(c)3 organization that provides free credit counseling, bankruptcy counseling, and housing counseling to consumers nationwide in need of financial literacy education and money management. For more information, contact ACCC:

  • For credit counseling and student loan counseling, call 800-769-3571
  • For bankruptcy counseling, call 866-826-6924
  • For housing counseling, call 866-826-7180
  • Or visit us online at

About American Consumer Credit Counseling

American Consumer Credit Counseling (ACCC) is a nonprofit credit counseling 501(c)(3) organization dedicated to empowering consumers to achieve financial management through credit counseling, debt management, bankruptcy counseling, housing counseling, student loan counseling and financial education concerning debt solutions. To help consumers reach their goal of debt relief, ACCC provides a range of free consumer personal finance resources on a variety of topics including budgeting, credit and debt management, student loan assistance, youth and money, homeownership, identity theft, senior living, and retirement. Consumers can use ACCC’s worksheets, videos, calculators, and blog articles to make the best possible decisions regarding their financial future. ACCC holds an A+ rating with the Better Business Bureau and is a member of the National Foundation for Credit Counseling® (NFCC®). For more information or to access free financial education resources, log on to or visit