Top Resolution in L.A.: Improve Finances

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Improving personal finances is the top New Year’s resolution for Angelenos, according to a survey conducted by VeraQuest Inc., a research firm. According to the survey, 30 percent of L.A. respondents hope to focus on finances in 2016, which was higher than family, health or fitness. Roughly 28 percent of respondents named health as their top New Year priority, while 10 percent named fitness.

The survey, which was conducted by VeraQuest on behalf of Capital One and Porter Novelli between Nov. 4 and Nov. 8, incorporated the responses of a nationwide sample of 1,508 people.

According to the results, L.A. respondents were significantly less likely than the national average to be laid back on financial matters, with over 52 percent saying that they would not “go with the flow” when it came to setting financial goals. That compared to 46 percent nationwide.

For nearly one-third of Los Angeles residents, paying off debt was the number one goal to improve financial well-being in 2016, with increasing savings as a close second with 27 percent.

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