Fresh Start: 5 Money Saving New Year Resolutions to Make in 2026

As the calendar flips to a new year, many of us feel the pull to reset, reflect, and set goals. For those carrying financial burdens, this season can be especially heavy. However, it can also be a time of hope, a time to take simple steps toward peace, stability, and financial control.

At Christians Against Poverty (CAP Canada), we know how overwhelming it can be to feel like you're always behind or unsure how to move forward. That’s why this January, we’re sharing five money-saving New Year resolutions that can help you build a solid foundation for 2026.

Whether you're just starting out, starting over, or simply need a fresh outlook, these goals can help you find clarity, confidence, and breathing room in your budget.

1. Make a Simple, Honest Budget for 2026

   The first step toward financial peace is understanding where your money is going. You don’t need fancy apps or spreadsheets; just write down what’s coming in and what’s going out. Be honest about your income, bills, and spending habits.

   Ask yourself:

   • What am I paying for that I don’t really need?

   • Where can I cut back a little?

   • What are my most important expenses?

   If you’re not sure how to make a budget for 2026, CAP’s free Money Course can help you walk through this step-by-step. It’s practical, judgment-free, and designed for real life.
   

2. Choose One Realistic Saving Goal

   Big financial goals can feel overwhelming, especially when money is already tight. Instead of trying to save everything all at once, choose one specific money saving goal for the year.

   It might be:

   • $10 a week into a grocery buffer

   • $25 a month toward an emergency fund

   • Enough for back-to-school expenses come August

   The key is to make it achievable. Small, steady steps are more powerful than you think.
   

3. Review Your Subscriptions and Spending Habits

   This is one of the easiest money-saving tips for 2026: check your monthly subscriptions. Streaming services, apps, gym memberships, even small charges can add up quickly.

   Look at your last bank statement and ask, “Am I actually using this?”Even canceling one or two can free up funds for more important goals.
   

4. Create a Plan for Paying Off Christmas Debt

   t’s common to feel pressure to spend during the holidays and even more common to feel regret afterward. If you’re dealing with Christmas debt, don’t panic. You’re not alone.

   Make a list of what you owe and choose a repayment plan:

   • The snowball method: pay off the smallest debts first for quick wins

   • The avalanche method: pay off the highest-interest debts first to save money

   Most importantly, don’t ignore it. Even a simple plan brings peace, and it’s okay if progress takes  time.

   Want help figuring out next steps? Reach out to info@capcanada.org or check out the free CAP Money Course to start fresh.
   

5. Ask for Help If You’re Feeling Stuck

   One of the most powerful New Year’s resolutions for saving money is this: Don’t do it alone.

   Ask a friend to check in with you each month. Explore resources in your community. And if you're feeling overwhelmed, reach out to CAP. Our team is here to support you, without judgment and with compassion.

A Fresh Start Is Possible

New Year’s resolutions often fade because they feel like wishful thinking. But when you take one small step at a time,  and when you have a support system cheering you on, big change is possible.

If you're ready to start 2026 on the right foot, CAP’s free Money Course is a great place to begin. It’s flexible, empowering, and completely free.

📘 Start your journey today: Learn more about the CAP Money Course