You can become smarter with our tips that cover the main components of personal financial planning. We have researched this topic for weeks and designed this post to be comprehensive and safe for dummies & beginners; giving you 100+ personal finance tips that can help increase your income and encourage savings.

While this post is really long, it will teach you how you can improve your finances by taking important financial steps. These tips may apply to you in entirety or in parts; however, they can help you build new ideas and facilitate your understanding of the importance of personal financial planning.

To enable you to follow these tips easily, each of the 100 tips for personal finance planning and management will be categorized as follow:

Table of Contents

Personal finance is about turning money into wealth and personal financial planning is the process of managing your money. 

If you want to make and save money, then follow these personal finance tips.

Money Management Tips

Money Management

The tips in this category will augment your money management skills and cover things such as budgeting, insurance, tax planning, estate, and others.

1. Budget creation

You need to create a budget according to your income and expenses each month. A budget, which is a blueprint that allows you to accomplish your financial goals, is a valuable tool that keeps your finances on track every month. You can tell what you want to use your money for when you have a budget as it allows you monitor your income and expenses accordingly.

2. Net worth tracking

To get a better and complete picture of your financial situation, you need to monitor/track your net worth. Your net worth offers a visual representation of your liabilities and assets at a particular time. Actually, what your net worth does is to measure your worth financially. If you are interested in wealth creation, knowing your net worth is vital. Having a budget is not enough; you also need to track your net worth.

3. Employ a 3rd-party aggregator

Using an aggregator from a third party can provide you a snapshot of your financial situation, which is a good idea if you manage your finances electronically. A good example of a third-party aggregator is This is a suitable option if you need a smartphone application and you are comfortable with digital budgeting as well as net worth tracking as opposed to manual operation.

4. Check your credit score and credit reports every year

Each year, make sure you use to check your credit reports from the three credit bureau. It’s essential you check your credit report through the site provided to get an official report even if you receive credit monitoring or reporting from your credit card company. You can adopt this habit as it is very simple to use. Doing an annual credit report checkup will enable you verify that the information in your profile is correct and your identity has not been compromised.

5. Have the right estate documents in place

It’s advisable you have the right estate files available. This will vary for everyone, so it’s advisable you see an attorney. Having the right estate document in place is essential, especially if you have kids, you are married, or you have someone who is connected to you financially. They are so many people out there with kids who still don’t have an estate plan, which is not a good idea at all.

6. Get appropriate insurance coverages

To protect your financial interest, and that of your family as well, getting the right insurance coverage is vital. This covers medical insurance, property and casualty insurance, disability insurance, and life insurance, among others. Overlooking insurance is sometimes easy, but you may end up in a more devastating state when something terrible happens to you, and you don’t have the right insurance coverage.

7. Tax projection

One of the best ways to save funds each ear is to plan your taxes. If possible, contact your financial planner or CPA to carry out a tax projection on your behalf. Tax planning can help you discover new ways to save money.

8. Have financial goals

Setting financial goals is one of the surest ways to transform your financial situation. You can plan ahead when you have financial goals. Your goals can help you reach certain targets or accomplish specific tasks like debt settlement, saving money for a house, and so on. Having financial goals is very important for personal finance planning and management.

9. Create time to evaluate your finances

It’s crucial you have financial planning meetings to assess or evaluate your finances. You must review your finance and re-evaluate your activities to find out what’s working and what’s not working. Change is constant, and you need to implement specific changes as your life also changes. You need to review your finances periodically, and you can do this on a monthly or quarterly based on your financial position.

Tips for Salary / Income

Earnings (Income)

This is another category that will interest you. You will come across personal finance tips in this category that will assist you in increasing your income.

10. Earn by doing something that’s satisfying

Make money by doing something that satisfies you. Look for a way to align yourself with what you do, be it your career or something else, and earn doing it. It’s very easy to say than act sometimes, but by taking baby steps, you will gradually move towards the ultimate goal of being happy, pleased, and satisfied by the ways you generate funds. Set a time for yourself and figure out life plans going through people in other career paths. No matter the cost, make sure you don’t spend all of your time doing something you don’t find fulfilling.

11. Start a blog if you are short of ideas on what to do

You can start a blog of your own if you cannot figure out what to do. You can make money from starting a blog by writing about the things you care about. You can also write about any topic in your profession or things you love that a lot of people will find interesting.

12. Have a side hustle

You need to start a side hustle if you need the extra cash. There are different side hustles you can pick to make extra money. Starting a side hustle can improve your finance for good, it can increase your saving for a house payment, facilitate bill payment, and so on. Don’t be trapped or restricted to making money only from your current job, start a side hustle.

13. Self investment

You have to invest in yourself if you want to increase your income. You can attend college or take a course online. For instance, you can enroll for a virtual assistant course to learn how to make money straight from the comfort of your home. Investing in yourself is totally worth it; you need every knowledge, training, and experience you can get.

14. Income diversification

Do not rely only on a single source of income; thus, you must diversify your income. You can start a business, invest in stock market, start a side hustle or take a second job. Just find a way to create multiple income streams. Check out the millionaires and billionaires we have, and you will discover that they have multiple streams of generating money.

15. Take note of the three income types as well as the tax payment for each income type

Income is of three types (earned income, portfolio income, and passive income), and they are treated differently. You can understand your taxes if you know this, as well as the income type that brings more money. Earned income is what you make from your main job or day job, portfolio income is the money you make when your investments in the stock market go up, and passive income is the money you make from your assets when you are not actively working (business income or rental income). The tax for each income differs. You pay more taxes from active income than portfolio income. Once you are aware of the three types of income, it will boost your knowledge of how your money works and help you save more on taxes.

Tips For Your Career


The tips for personal financial planning and management in this category will help your career.

16. Work in a place that pays you your worth

Make sure your current job pays you what you are worth. You can easily check the internet to find out how much people in your field or position earn. Don’t be reluctant; take action if you discover that you are underpaid. You can ask for an increment, build or improve your resume or look for another job instead of accepting things the way they are. Your career is so important, and it deserves fair treatment too.

17. Do not allow your job to define your personality

Who you are as a person should not be defined by your job. Your job is what you do and not a reflection of your personality. Always remember this. If you allow your job define you, you will be attached to it in a way that will not benefit you. Imagine what will happen if you get fired, the devastation or depression that alone will bring is totally not worth it. There are so many jobs and opportunities you can tap into. You are too special to allow one job to define you.

18. Salary negotiation

You need to learn how to negotiate a salary so you can get more payment. This skill is not innate, you need to practice, and the earlier you do, the better it will be for you. When you practice salary negotiation in the early phase of your career, you will be more prepared for bigger negotiations that will come up much later in your career path. You don’t have any reason to leave money on the table.

19. To increase professional growth, spend money

To grow in your career, spend money by taking courses, reading books, attending conferences, or doing something that is related to the job you do. You may be less interested in spending money on things like this, but it is totally worth it if it takes you outside your comfort and facilitates career advancement.

20. If you hate your job, quit and look for another

Time flies, and staying in a job you don’t love is not worth it, no matter your age. If you really dislike your job, create a plan to quit that job. There are resources out there that can assist you if you don’t know how to go about quitting your job. Don’t remain in a job you hate. You deserve happiness and satisfaction.

Debt Management Tips

Debt Management For Personal Finance

You can learn how to handle your debt from the tips for personal finance planning and management in this category.

21. Settle your debt

Settling your debt is one of the best ways to improve your personal finance. This tip is useful as it allows you to understand the importance of personal financial planning. Getting out of debt is the surest way to enjoy your returns; you get to enjoy your returns if you have no debt to pay.

22. Ensure you repay your credit cards completely each month

Make sure you pay your credit cards in full each month. Keeping a balance in order to build your credit is only a myth. You can use credit cards to build your credit and pay off every month in full; this will prevent you from paying any additional interest.

23. Payback student loans

Settle your student loans, if you have any. There is no collateral for student loans, and this type of load cannot be forfeited in the event you cannot pay. Thus, you may be stuck with this loan for life until you pay off. Another likely option that can be useful is if you meet the requirements for a forgiveness program for working in public service. Owning student loans is not a good debt at all. Find a way and make the necessary sacrifice to get out of it.

24. Be mindful of income-driven repayment plans

You need to be very careful when it comes to settling student loans with income-driven repayment plan. Although this option is usually recommended, you may end up increasing your debt in the long run if you don’t repay your loans every month at a rate that covers your interest. You don’t want to end up owing double of what you started with overtime.

25. Stay debt-free

You need to discipline yourself to stay out of debt once you have settled all the debts you owe, especially for those that love to spend. Even if you have no control over your past debt, you have the power to stay away from future debts, which is very important. 

26. Use debt ratios as a guide

You can use some standard debt ratios to compare your debt. You can consider any of the following debt ratios:

  • Your consumer debt should be less than 20% of net income
  • Your housing debt should be less than 28% of gross income
  • Your total debt should be less than 36% of gross income

27. Avoid cosigning a loan

Do not co-sign a loan with anyone unless you can pay the loan off by yourself. If the first party fails to pay up a co-signed loan, you, as the second party, will be held responsible for settlement.

28. Avoid borrowing from your retirement account(s)

Do not borrow money from your retirement account except you have no other alternative. Borrowing from your retirement accounts attracts tax consequences and penalties, making the transaction costlier than beneficial. 

Tips To Manage Your Savings


You can increase your savings with the following personal finance tips under this category.

29. Pay yourself first

The best way to save money is to save before spending, and not the other way round where you get to save what’s left from your expenses. Develop the habit to save before you spend so you will have something to show after all your expenses.

30. Save an emergency fund for 3-6 months

Set an account side, either savings or regular checking accounts, where you get to save for emergencies. The money you save in this account is dependent on your streams of income (the fewer income source, the more you need in your emergency fund). The whole idea of this tip is that you set aside some money to take care of emergencies.

31. Save 10 to 12% of the money you earn

It’s advisable you save about 10-12% of your income. You can use this ratio alongside other financial goals to know if it is suitable for you. For instance, you have an emergency fund you don’t contribute to anymore, but you also save about 10-20% of your gross income to your 401(k). Make sure you develop this habit to save such amount in your retirement account.

32. Plan your savings for big expenses ahead of time

Saving in advance is a good personal finance tip. To prevent landing yourself in debt, it’s good you plan your savings for big purchases in advance.

Tips To Save With Your Retirement Savings

Retirement Savings

To save for retirement, apply the personal finance tips in this category.

33. Save for retirement

Do not hesitate when it comes to saving for retirement; start as soon as you can. You will be taking advantage of time when you do this as your funds will accumulate over time, and your investments on retirements will grow exponentially, based on the value of your compound interest. 

34. Put good use of your employer retirement plan

Generally, you can start saving for retirement from sponsored retirement plan offered by your employer (for example, 401(k) or 403(b). Firstly, if a match is being provided by your employer, you need to contribute to meet up with the match, so there is no money left on the table. Secondly, filling out a form at work to initiate a retirement plan is very easy for some people than going out a brokerage firm to create a retirement investment account. Thus, you can consider retirement plans offered by your employer if you are short of ideas of where to begin saving for retirement.

35. Create personal retirement account (IRA or Roth IRA)

You can open a personal retirement investment account at a brokerage firm after exploring a retirement savings plan with your employer; you can also try this option even if you don’t have an employer retirement plan. Normally, this plan comes in the form of a traditional IRA or Roth IRA. You will need a brokerage account at a brokerage firm to go about this (you can use Schwab or any of the many available options). With these accounts, you can get more potential tax savings and retirement investments. 

36. Have retirement projections for yourself

There are different online calculators (like Schwab) you can use to get your own retirement projections. You can also contact a financial planner to assist you with this. A retirement projection accounts for your age, retirement savings rate, current investments, and your expected expenses in retirement. This projection will let you know if you are on track to be ready financially for retirement, as well as the age.

Tips To Manage Your Personal Investment


You can improve your investment with these personal finance tips in this category.

37. After maxing out your retirement accounts, begin to invest in a personal investment account.

Do not invest in a personal investment account until you have maxed out your retirement accounts (401K, 457, Roth IRA, IRA, and so on). Saving for retirement should be your priority at first. You can now start investing in a personal account after you have maxed out your contributions to your retirement accounts.

38. Hire an expert to handle your investments on your behalf, if you can afford it.

You can hire a financial advisor or expert to manage your investments when you have the funds. This is a good way to prepare for your financial future and also achieve your financial goals. Ensure you employ the service of the right financial advisor; you will benefit in the long run if you have a professional handle your investments.

39. Know the exact amount you are to pay in fees

You will likely pay in fees in some capacity when you invest in the stock market. You are going to pay fees regardless of the money you invested in, the financial advisor you hire, the brokerage firm you use or a combination of any of this. The fee amount you will pay may vary and figuring the exact amount can be challenging. Just ensure you know the exact amount you will pay in total fees. You can check your investment account statement (precisely at the expense ratio of the portfolio) to go through your fee schedule alongside adding the pocket fees you will pay for services you receive with your investment. Sometimes, fees are hidden and finding them can be tricky. Develop the habit to know the exact amount you are paying in total fee to prevent being scammed from paying more than what you should pay.

40. Have a portfolio rebalance

You need to rebalance your portfolio if you have an investment in the stock market. Going through your portfolio again after an investment is a good idea. Rebalancing has to do with buying and selling assets to match the allocation of asset you decided on at first. It’s okay if this sounds strange to you. But if you don’t know the meaning of rebalancing and you have a stock market investment, now is the time to know more about portfolio rebalancing, so you don’t end up sabotaging all your efforts.

41. Focus on asset allocation

Asset allocation has to do with setting a plan for your investment. According to Ramit Seti in I will Teach You to Be Rich, “your investment plan is more important than your actual investments.” If your portfolio plan is 10% market diversifiers, 15% bonds, and 75% equities, then this should be your asset allocation or plan. Perhaps, this is more important compared to the actual bonds, equities or market diversifies present in your portfolio, irrespective of the person you contacted. You must create time to know more about asset allocation if you are investing by yourself without an expert.

Tips To Manage Your Expenses & Spendings


The tips in this category will guide your spending.

42. Do not live above your means

Living below your means is a wise decision regardless of your financial status. It is the only way to attain financial success and not get broke. To avoid being stressed about money, make sure your budget has a huge financial margin.

43. Minimize your expenses

Keep your expenses on the low side. Go through your budget, and take on each expense one after the other. You can learn how to use coupons when shopping for groceries to save at the store. For utilities, you can always call your cable company to request a better deal (or try out a better cable company). You will be amazed by how you can minimize your expenses without much effort.

44. Recognize your own consumerism

Companies and businesses, at any given time, are always competing for your attention, making you feel like you need a product or service that you don’t. That’s just the world we live in. You need to be aware of ads and commercials; there are designed to persuade you into buying something you may not need. Take note of this and act accordingly.

45. Before making big purchases, do your research

Do your research before paying for something big. You will benefit from this big time. Develop the habit of going online, checking up deals, and comparing prices before you buy an expensive product (a TV, car, home).

46. Wait for ten days before you buy anything above a certain limit

Before purchasing something expensive (above 100 USD), the general rule is to wait for ten days before purchasing it. The idea here is to prevent impulse spending. You can buy that item after ten days if you still think it is a nice idea.

47. Develop the habit of mindful spending

Before you pay for that product or service, you really need to think about it to know it will add value to your life. If you know what you intend buying will add no value to your life, then there is no need to pay for it. Developing this habit will make you mindful of your money’s worth.

Tips For A Frugal lifestyle


You will learn a lot from the personal finance tips in this category. It will help you accomplish your goals while you live below your means.

48. Do not pay full price for anything

You need to have the mindset of not paying the full price for anything. Doing this will boost your creativity on saving money for things you might have accepted as always costing full price. Adopting this mindset will save you a lot as time goes on.

49. To get exciting deals from where you shop, sign up for emails 

Most companies give exclusive deals to their customers, and the only way you will know about these deals is if you sign up with them. You can use a separate email for this so you won’t get bogged down with mails. You can save funds at locations you already shop when you sign up for emails to get specific deals.

50. Use coupons when shopping

Develop the habit to use coupons when shopping. You can use paper coupons, physical coupons, or digital coupons. You get to save money when you use coupons and receive interesting deals. Searching for coupons to shop becomes very easy once you develop this habit; thus, more savings.

51. Bulk purchase

Purchasing items in bulk is one of the best ways to spend less money, especially if you have a family of your own. Paper products, canned goods, and anything with a long shelf life are things you can purchase in bulk to save cost. When buying in bulk, however, go for items you need not because the deal is attractive.

52. Learn to DIY through YouTube

One of the best platforms to learn anything is YouTube, and you can use this channel to learn how you can obtain anything you want for your home on a budget. You can find tricks and tips for cleaning, decorating, and so on. If you are not using this fantastic platform, you are missing out. With YouTube, you can ignite your creativity and money-saving ability. Another alternative you can try out is Pinterest.

Tips To Manage Your Donations & Charity

Generosity at Pexels

The tips in this category differ from other personal finance tips listed in this post; the information here has to do with giving your money away (and not using your money for your own needs or benefit). Giving has a significant role to play in personal finance.

53. Have a plan for what you give

Always plan your giving in advance, instead of giving at random when the opportunity comes up. This remarkable personal finance tip will give you control over your money and also helps you support causes you have strong believe in.

54. Develop the habit of financial giving

One of the ways to be generous is through financial giving; it has to do with you giving out your hard-earned cash. When giving becomes a priority, it makes you generous, which will transform your life for good.

55. Reduce your taxes with charitable gifting

Another way to reduce your taxes is by donating money. Whether you want to give real cash to charity, appreciated assets from a charitable gift fund or appreciated assets, there are numerous ways you can lower your taxes by making donations.

Tips To Live A Minimalist lifestyle

Minimalist Lifestyle For Personal Financial Planning

Minimalism has to do with living a simple and fulfilling life. It’s all about living your life with less stuff and having more value, worth, or meaning. Minimalism is about people, experience, and letting go of irrelevant stuff. The personal finance tips here will help you appreciate the lifestyle of a minimalist. 

56. Give out things you don’t need

Purge your home by getting rid of anything in the home that no longer adds value to you. Donate or sell anything in your home you no longer have use for, be it your cloth, furniture, electronics and so on. You will feel much better about your surrounding if you have an organized space with the things you use.

57. Make quality a priority over quantity

You should be more interested in quality than quantity when buying a product. You may spend more to get quality things, but this should be only on things you value a lot. Doing this can help you control your expenses as it saves you from buying expensive things you don’t need.

58. Spend on experiences instead of things.

You will be happier over time if you learn to spend money on experience, not things. Over time, it will be easier for you to remember a travel experience over an item you purchased. Shifting your mindset from things to experiences may be difficult at first, but the meaningful memories it will leave you with is totally worth it.

59. Simplify your financial accounts

Try to simplify your band accounts instead of having a savings account for every activity you plan to execute in the future (for example, emergency fund, vacation fund, etc.). The number of accounts you want to have is totally up to you, but you really need to consider the reason you need each. You can make your financial accounts simple by having just a checking account and savings account.

60. Don’t forget that wanting less is much better than having more

Learn to practice wanting less. Doing this will give you inner contentment and prevents you from looking at other people’s possessions and craving for something you do not need. You will leave a happier and more fulfilled life when you practice wanting less.

Tips on Relationships & People

Relationships and People

Humans can be complicated, and you are already familiar with people’s reaction to money. The personal finance tips in this category will help you with your fund as it relates to people.

61. Develop the habit to discuss money with your partner or spouse

If you and your spouse are living together, talking about money with them is really important. You need to talk about money if you are in a relationship with shared money means; this will help you and your partner make sound financial decisions together.

62. Be transparent about your money

You need to be completely open about your finances if you are sharing money with someone, whether you have separate accounts or a joint account. To build a life together, being honest is important, and your finance is no exception

63. Be your children’s finance teacher

It’s essential you teach your kids about money. Typically, schools do not teach personal finance, so you are the only person that can teach them about money.

64. Avoid comparing yourself with others

Do not compare yourself to another; you will only end up with regrets and a bad feeling. Instead, compare yourself now with where you used to be in your past to know your progress so far. Focusing on yourself will save you money than focusing on your friends or other people you come across.

65. Learn to say “NO” and be cool with it

Learn to be okay when your answer is no. This will help you save more money and more time for things that matter most to you. You will only end up spending your time and money on things you do not want if you don’t develop this habit.

66. Spend your time with individuals who have good money beliefs and practices

It’s good you surround yourself with people who possess good money habits and make good decisions when money is involved. The more you spend time with them, the more you learn and acquire this good money habits and beliefs.

Behavioral Finance Tips

Personal Finance

The personal fiancé tips in this category will teach you how to understand money better and how your values and beliefs can affect your attitude toward money.

67. Own your financial situation

Check the reality of your financial status or position and evaluate it honestly. According to Suze Orman, “stand in truth. Do not avoid your mess. Take ownership of it so you can change it.”

68. Know your finance blueprint

Your finance or money blueprint is the ideas/programs you acquired about money while growing up. It’s great if you were fortunate to grow up with supportive money beliefs. But if you did not grow up with supportive money beliefs, you need to recognize the money beliefs you are holding on to that are detrimental. This can inhibit you from attaining financial success.

69. Develop supportive money habits

To achieve your goals, you need to start supportive money habits. When there is no motivation, habits still keep you going. You can increase the possibilities of you becoming successful in your finance if you learn to implement supportive money habits.

70. Know how you feel about money

You need to assess, analyze, and evaluate how you feel, act or behave toward money. Are you the negative type that thinks being broke is your destiny? Do you think wealthy people are snobs? Whether you believe or chose not to, your attitudes towards money can be influenced by these beliefs, and it can affect your success financially.

Tips For Financial Literacy

Financial Literacy

You can improve your knowledge of money by following the personal finance tips in this category.

71. Read books on personal finance

If you have no idea of where to begin with financial education, you can start by reading books on personal finance. Reading these books will point you in the right direction towards financial success.

72. Listen to podcasts on personal finance

Listening to personal finance podcast is an excellent way to improve your knowledge of personal finance. You get to learn much about money without stress, and it will enable you understand the importance of personal finance planning and management.

73. Take a course on personal finance

Take a personal finance course; this will increase your knowledge of personal finance and also help you in making critical financial decisions. You can take an online course to know more about finance or attend colleges that offer personal finance courses.

74. Learn about self-investment

Learning the basics of self-investment is an essential personal finance tip to live by. Doing this will teach you how to make vital financial decisions and also protect you from making bad investments.

75. Subscribe to blogs on personal finance

To improve your knowledge of finance and money, subscribe to personal finance blogs. You will get to know about the technical aspect of personal finance if you do so, and this will always keep your thoughts on money as you receive useful emails from bloggers you like. Anything you put your mind to do tend to increase, so if you direct your focus to personal finance, your understanding and knowledge of money will increase.

76. Have a mentor

Who do you talk to about your financial situation? You need a mentor, someone with the knowledge and experience that can hold you accountable and guide you on your path to financial success.

77. Look for personal finance communities online

Seeking out online personal finance communities is one of the best ways to keep on improving your financial literacy as it also you connect with like-minded people. You can visit finance forums, social media, Reddit and so on to link up with people with shared passion.

Tips To Save On Commuting


The tips here will help you save cost on transportation.

78. Share a ride to cut down transport

You can cut down transport cost if you rideshare with your neighbors and coworkers. If you leave in the same vicinity as your coworkers, you can create a system to rotate driving duty, or you can share a ride via Uber.

79. Bike or walk

Instead of using your car for short errands, you can walk or bike whenever feasible. Doing this will save you cost on gas. In addition, you can use this as an opportunity to do some exercise.

80. Consider public Transportation

The cost of operating and maintaining a car can be pretty expensive. You will save a lot on parking expenses and gas when you use public transport. It also takes away the stress of having to drive all the time. 

81. Car maintenance

Regular/proper maintenance of your car can be useful as it ensures safety, reliable operation, and slow decline.

Other Tips


This part covers personal finance tips that will make you appreciate the importance of financial planning and management. Some of the tips in this category might be related to other categories above.

82. Have a realistic budget

Having a realistic budget is the most important aspect of budgeting. You will only end up being disheartened or frustrated if you don’t have a feasible budget that suits your lifestyle and spending needs.

83. Write your financial goals down

Are you aware that you are more than 40% more likely to achieve a goal if you pen it down? Write your financial goals down and keep it somewhere you can see all the time to motivate you.

84. Have fun

All work and no play makes you a dull. You need to budget for fun, set aside some funds for hobbies and entertainment.

85. Have a will

This may not sound funny to you, but it is crucial. To prevent your family from suffering any financial consequences if something should happen to you, get a will. You can contact your lawyer to help you with the process.

86. Change your passwords frequently

The last thing you would want is someone hacking your account and stealing your funds. To avoid this, change your account passwords often.

87. Save for your kid’s education

You can save for your children’s education with a 529 plan, this plan also offers tax advantages.

88. Turn off electronics in your home when not in use

There is no need to pay for things you are not using at the moment. When you turn off electronics in your house when not in use, you end up saving money on bills.

89. Spend on cheaper hobbies

Investing in your hobby is a good idea, but some hobbies are budget draining. You can reduce how often you spend on your hobbies, find a new cheaper hubby or look for ways you can use your hobbies to make money.

90. Reduce your visits to restaurants, fast foods, and café

You will save more when you prepare your meals by yourself at home than visiting restaurants to eat. And if you are the type that loves to drink coffee, you can buy a coffee maker and make yours from home.

91. Take surveys

You cannot get wealthy through surveys, but you can make extra cash from it, which will be useful in handling little expenses. You can use Earning Station or CrashCrate to make extra cash from surveys.

92. Cashback platforms

You can make money on the cash you are spending already. Platforms like Ebates, Swagbucks, and Befrugal are cashback platforms that offer users an opportunity to earn back their cash when they buy any product through them.

93. Shop from local farmers

Not only is eating fruits and vegetables good from your health but purchasing these foods from local farmers can be a cost-effective way to reduce expenses on grocery bill

94. Create a meal plan and stick to it

You can save time and money when you plan and understand your needs. Make a list for meals you and your family will eat for breakfast, lunch, and dinner for the week. The idea here is to keep you from buying food items you don’t need.

95. Avoid gambling

Although gambling can be fun for some, for every victor, there are almost a thousand losers or even millions. Ask yourself this question, if all these gambling platforms are not making money, would they still be in business? I don’t think so. These platforms make their money from your losses. People who win big or most times are experts. So the advice here is to avoid gambling if you are not an expert.

96. Delayed gratification

This is an important personal finance tip if you want to make financial gains in life. Doing this will have you save money and pay off debt.

97. Make good use of your tax returns

Instead of using your tax return for a vacation or something silly, consider saving it or use it to settle your debt.

98. Limit how you use social media

You need to limit how you use social platforms to avoid the temptation of spending more or comparing yourself to others. The frequent display of ads on these platforms can also tempt you into buying something you don’t need.

99. Reward yourself

You need to reward yourself as you struggle to attain financial success. To remain motivated, always reward yourself whenever you reach your goals. 

100. Health is wealth

Living a healthier lifestyle – healthy diet and exercise – can improve your mental, physical, and social state, and also help you save cost as it reduces annual medical cost.

101. Bonus tip

Don’t forget to make your own rules and keep to them. Carry out your own research on personal finance and make relevant decisions that will be suitable for your finance. A lot of irrelevant or wrong information on personal finance are available out there, and since everyone is less concerned about your money than yourself, you are accountable and responsible to create your financial future.

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