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GOLDEN VALLEY, Minn. – Whether you're ready or not, we ring in a new year next week.

And while many people focus on weight loss resolutions, you might consider focusing on your finances in 2014, instead.

Financial advisor Dan Ament, with Morgan Stanley in Wayzata, came on KARE 11 Sunrise to help get you started.

Fidelity Investments Survey

More consumers have resolve - An all-time high 54 percent of Americans say they typically consider resolutions regarding their finances. This is up 54 percent since 2009 when 35 percent of Americans said they typically consider financial resolutions.

Nest egg vs. short term goals - Americans are shifting towards short-term savings goals more than ever. While long term savings goals still prevail over short-term ones (53% vs. 39%) the gap between the two shrank considerably this year among those who indicated "save more money" as one of their top three financial resolutions for 2014.

Economic uncertainty and Washington dysfunction - Nearly half (49%) feel the economic uncertainty of the past year – such as the debt ceiling battles and potential changes in interest rates – may hurt their chances of keeping their financial resolutions in 2014.

Financial Resolutions to Consider for 2014

  • Reduce debt – Focus on reducing any credit card debt you may be holding. In addition, take a fresh look at your mortgage to determine if a refinance opportunity may exist.
  • Saving more - towards debt reduction, emergency savings, retirement and education.
  • Keep track of your money
  • Making positive financial habits - an acquired behavior pattern regularly followed until it has become almost involuntary. Make a series of personal finance habits that will benefit you in the year to come!
  • Get financially savvy – Wharton offers on-line lesson plans on a variety of subjects if you are interested in sharpening your understanding ranging from macroeconomics to personal finance.

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