NEW! Our Hero’s Journey tool can help you with your next step towards financial freedom - click here to try now.
Advertiser Disclosure

20-21 vision


Hey Heroes!

There can’t be many people that are sad to see the back of 2020, it’s certainly been a testing year.

So whilst we might not be celebrating New Year’s Eve as we normally would, this is still a great time to reflect on what we’ve done well and set goals for the year ahead.

Money goals can seem a little overwhelming at first, especially if you’re tackling debts, or saving for something large like a house deposit… but even a small step in the right direction is a positive one.

We’ve taken a look at some of the most common financial goals in this email, and packed it full of resources and tips to ease those resolutions into reality…

Here’s to a happy and prosperous new year!

  • FTSE 100 index of leading shares hits highest since March  Read more
  • UK house prices see highest growth in six years in 2020 Read more
  • Brexit: ‘Bumpy’ period expected as UK adjusts to new EU rules  Read more

Sam’s Savings


20-21 vision

It’s been one of the slowest years I’ve ever experienced, and yet here we are, wondering how we’ve arrived on the cusp of 2021 already…

Today I thought I’d share my New Year’s resolutions with you:

  • Read more books – I wouldn’t like to see the statistics behind my ‘screen time’ this year: jumping from phone, to laptop, to television in the evenings! I’ve been guilty of not setting aside enough time in 2020 to switch everything off, and nestle in with a good book… Any recommendations will be gratefully appreciated!
  • Become ‘brand savvy’ – often, I can’t taste the difference between pricier brands and supermarkets’ own versions of my favourite foods (likely because they’re produced in the same factories!!) so to save more money, I want to take more time in 2021 to find alternatives and see if they taste just as nice for a cheaper price.
  • Do more yoga – like many working from home this year, I’ve been flitting from sitting with my laptop at the dinner table, to the sofa, sometimes even WFB (working from bed)… little wonder I’m feeling more back pain! On top of getting into better habits with my desk setup, following along with the free yoga classes that can be found online will help alleviate some of the stress on my back, and improve my posture.
  • Spread my £20k FY21 allowance between a Cash and Stocks & Shares ISA – previously, I’ve only ever had an S&S ISA as I’ve been investing money that I hadn’t expected to need in the following three to five years. However, despite continued low interest rates, I feel it makes sense for me to ‘keep some powder dry’ outside of the stock market for when I might need it in the near future as I edge closer and closer to the big 4-0…  

How about you, Heroes? Let us know on Twitter or visit our Facebook page to share your New Year’s resolutions, financial or otherwise!

Editor’s Choice


5 money management tips for the New Year

5 money management tips for the New Year

Money management is important all year long, but the New Year is a good time to review how well you’re dealing with it.


UK bank holidays in 2021

UK bank holidays in 2021

Looking ahead to next year? If coronavirus has you planning ahead, then take a look at our guide to bank holidays across the United Kingdom in 2021.


How to save over £300 a year on your water bill in 2021

How to save over £300 a year on your water bill in 2021

You could save over £300 per year on your water bills by making a few changes to every day habits. Here’s everything you need to know.


While a significant number of New Year’s Resolutions might well get broken by the end of the January it could pay off to be, well, resolute when it comes to financial resolutions in 2021.

From our perspective, the one resolution that shouldn’t be given up after a day, a week, month, or even all year is getting – and staying – in the black. Being debt-free is one of the most important steps to taking control of your financial future, so it ought to be given highest priority.

For those beginning the year in the red, then a balance-transfer card may let them move an existing high-interest balance to a new credit card with a fresh period of 0% interest to help pay off debt.

Remember: it’s important to read all the terms as there may be a transfer fee or other terms that may affect your decision. 

When you check out our top rated balance-transfer cards you’ll see any fees and costings are spelled out clearly for you – and weighed up alongside 0% interest periods and introductory offers.

You can also use our balance transfer calculator to work out your monthly repayment – whilst factoring in fees and 0% APR periods. Simply input your stats and the calculator does the rest!

We asked, you answered…

Poll taken by @MyWalletHeroUK on Twitter from 12:13pm 02/12/20 over a period of 24 hours.

To help kick off these financial aims for 2021, we thought we’d share some of our favourite resources for these popular money goals.

Getting out of debt

Paying into savings

Start investing

Content Disclaimer: We have taken reasonable steps to ensure that any information provided is accurate at the time of publishing. The content provided in this article has not taken into account the circumstances of any specific individual, and does not constitute personal advice or a personal recommendation for any individual; neither should it be relied upon by any individual when making any decisions. If you require any personal advice or personal recommendation, please speak to an appropriate qualified adviser.


Thanks for joining us today Heroes, we’ll have more money musings winging their way to your inbox soon!

Written by the MyWalletHero Team.