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So revealed a recent GOBankingRates survey.
Saving and investing for retirement was third at 13%.
The results come amid ongoing concerns about high prices and uncertainties around the upcoming Trump administration.
An additional 11% said they didnt have a main financial goal for 2025.
Suzanne Scullion, the founder ofG.R.A.C.E.
Financial Coaching, noted a trend in the latest numbers and in recent years.
Instead, we see that saving for your emergency fund and saving and investing for retirement have eclipsed home-buying.
Heres a deeper look at the top three priorities established by the survey.
Next,learn how to set and achieve your own financial goals.
Paying Off Debt
When it comes to tackling debt, Americans face a collectively huge task.
According to the latest numbers from the Federal Reserve, U.S. households owe $104,000 on average.
That added up to an all-time high of nearly $18 trillion in the third quarter of 2024.
Managing debt presents challenges for many people, Forbes said.
Exploringspending habits and cash flowwill be critical to help people reach the goal of paying off debt.
Typically, debt sneaks up on us.
No one plans on maxing out three credit cards, it just seems to magically happen.
Only then will we start to climb out of our debt hole.
Financial challenges experienced by many in recent years have helped get the point across.
Guidelines vary on how large your emergency fund should be.
Securing two to three months may be more realistic.
And just getting started having something in reserve is critical.
Another 22% of women said they had less than $500 saved.
Priorities are not static, Forbes said.
They evolve based on our individual circumstances and are deeply personal.
Income, living conditions, habits and values all contribute to the ever-changing nature of our priorities.
Another shade of that uncertainty about how to plan for inflation came in as the second-most common concern.
; (2) How do you plan on keeping yourself focused on your financial goal in 2025?
; (3) If youre planning to retire in 2025, what is your main financial concern?
; (4) How much debt do you have?
; (5) How do you plan on paying down your debt in 2025?
; (6) How much time do you expect to spend planning your budget per month in 2025?
; (7) Currently, what percentage of time do you stick to your budget?
; (8) How much do you have in your emergency fund?
; (9) How much do you expect to add to your emergency fund in 2025?
; (10) How many months of your expenses do you have saved?
; (11) What financial resources are you incorporating into your personal finances in 2025?
; and (12) Whats your main financial concern going into 2025?
GOBankingRates used PureSpectrums survey platform to conduct the poll.
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