In the haze of optimism that accompanies the end of the old year and the start of the new, millions of Britons promise to be better. To exercise more, work harder or learn new skills.
Of course, we also promise to be better with our money. The cost of everything from celebrations to seeing your family or even just heating your home over the holidays brings our finances into sharp focus.
But what should you do to save the most money in practice? To find out, we’ve asked people which of their New Year’s resolutions proved most profitable in the past.
Some responses were simple, some involved changing daily or weekly habits and some required a bit of financial jiggery pokery to make work. Here are the best responses:
Get online for your groceries: Jane Brandon
The best thing we did to save money this year was to start our food shopping online and either have it delivered or use the new 'click and collect' service which is even cheaper. By doing our shopping online we are able to keep track of how much is being spent as we shop and can adjust those little extras at the end if we have gone over budget.
It does sometimes mean going without luxuries some weeks when other things are more important such as toiletries or cleaning products. It also stops you seeing all the bargains or special offers (although there are online offers as well) and just throwing them in the trolley as you go along - thus saving you money. Plus the children can't be tempted by all the sweets or chocolates at the checkouts!
Home-brewed coffee: Ryan Leston
I've always been a bit of a coffee fiend and I used to spend a ridiculous amount of time and money in coffee shops. Every day, I'd treat myself to a latté at lunch or grab a quick pick-me-up before work.
My New Year's resolution was to cut back on the cappuccinos and save some money in the process. When I started making my own coffee at home, I saved a whopping amount - around £40 a month. It may only seem like a couple of quid at the time, but it all adds up.
Run in the fresh air: Shamim Lakha
My New Year's resolution last year was to start running in the local park rather than joining a gym. After Christmas I am always stuffed full of food and guilt and come January, it's always my New Year’s resolution to join a gym, lose weight and get fit.
However, after an initial burst of enthusiasm, it's harder to get going and attendance tapers and inevitably drops off completely. And after I have signed a 12-month contract at £54.00 a month it ends up being a pretty expensive impulse! Last year I made the decision not to fall prey to the gym and my New Year's resolution was to get fit by running in the great outdoors instead. Sure I don't do it as much as I should but when it's free it hurts my wallet a whole lot less - £648.00 less to be exact!
Planning menus: Yvonne Batey
Last year I made a resolution to get our monthly grocery bill under control. We were consistently spending around £100 a month more than we had budgeted for food, so I decided to start menu planning in a bid to stay within the budget.
It took a little while to figure out a way of menu planning that worked for my family, but I quickly found that our food bill reduced by simply planning out our meals and snacks each week, making a shopping list and sticking to it. Now we're £100 better-off each month and I can save even more by planning meals around sales and special offers.
Banish my overdraft: Olivia Pinnock
Last year I made the New Year's resolution to get out of my overdraft. I kept forgetting to set aside money to climb out of my overdraft and spending all my wages.
I set up a separate savings account, worked out my monthly living costs and calculated how much I could afford to transfer (by standing order) into my savings account each month on pay day. Twelve months later I have transferred the money from my savings account in to my current account and I'm out of my overdraft. I have continued the standing order to spend on a holiday this summer.