Better Money Habits Can Build Financial Habits That Stick in 2026

As we settle into 2026, many households are reexamining their finances and setting goals for the year ahead. Financial experts say success often depends not simply on ambitious resolutions, but more on developing realistic habits that can be repeated over time to achieve goals.

Insights from Bank of America’s Better Money Habits^® financial education resource point to the importance of defining the purpose behind financial goals. Instead of vague intentions like “pay down debt,” individuals are encouraged to clarify what they hope to achieve. Some may simply want to reduce financial stress, others may be preparing for future expenses, and others may focus on building long-term stability.

“People are more likely to follow through when they understand the ‘why’ behind a goal,” said Nicolette Mendez, Bank of America Corporate Social Responsibility Manager and Better Money Habits Champion for Grand Rapids. “When a goal is tied to something meaningful in their life, it becomes less abstract and more actionable.”

Better Money Habits also emphasizes consistency over scale. Financial educators suggest small actions, such as scheduling regular check-ins to review spending or savings progress, can help normalize money management as part of a weekly routine. Over time, those habits can add up to meaningful progress.

“Financial setbacks are common, particularly amid rising costs and economic uncertainty,” Mendez said. “But missing a savings goal or overspending on occasion does not erase overall progress, as long as individuals adjust and keep moving forward to achieve their financial goals.”

Recent survey findings from Bank of America’s 2025 Better Money Habits Gen Z Report highlight the relevance of this approach, particularly among younger adults. One-third of Gen Z respondents reported feeling overwhelmed by their financial goals. Despite that stress, many said they responded by taking concrete steps such as reviewing account balances, tracking expenses, or creating a budget.

Overall, the guidance presents financial wellness as a gradual process built through consistent behaviors rather than quick fixes. As people across Detroit revisit their financial plans in 2026, financial educators say focusing on sustainable habits can help support long-term stability throughout the year.

For more information about Bank of America’s Better Money Habits, visit www.bettermoneyhabits.com.