8 Things To Do In One Month That Will Change Your Financial Life Forever



So you want to get your sh*t together this year? It also means being on top of your money and learning how to change your financial life.

Maybe you’ve got a goal to smash this year, like a vacation you want to take or an investment bag that’s calling your name. Or maybe you’re being more responsible and want to buy a house.

Or save up for a better future?

The best time to start is now.

At the beginning of the year when you’ve still got time to turn it around. So that being said, here are some things to do in one month that will change your financial life forever.



Turn your personal finances around 


Step 1: 
Download a finance app like Yolt to see all your accounts in one go, and track your spendings.

Yolt will also give you helpful tips for savings you could make and see your spending by category.

So you can easily see how much you’re spending on Uber or food deliveries.


Step 2: 
Save as much as you can. If you live below your means you can save 50% or more of your paycheck up for a rainy day.

I’m putting 50% away in a savings account and trying to be frugal, stopping food subscriptions and preparing lunch ahead are just a few ways you could save so much money.

What could you do if you trimmed the extra spending?


Step 3: 
Become debt free. Try to pay off credit card loans on time and get yourself to zero.

Don’t account for student loans because most likely that’s coming out of your wage every month.

If you can save up to pay it off though, that’s an extra win for you.

It’s not going to happen overnight. But you can lay the foundation right now.



Invest in yourself 


Step 1: 
With some of the money you’ve saved up, pick a skill and learn it.

Learn and master a skill you love and are talented at. Make sure it’s a skill that people are willing to pay for.

These skills will stay with you for life and make it possible for you to build a passive income to supplement your savings.


Step 2:
Maybe you already have the skills but want to spend money positioning yourself as an expert and getting clients.

You can do that. Some of your savings can go towards the costs of setting up a side business, whether it’s materials you need to make art to sell.

Or maybe it’s a domain name you need. They’re usually only $15-$20 a year. So you can find the funds to invest in yourself.



Set up passive income streams 


Step 1: 
A passive income stream is how you’ll make extra money and earn above the average living wage. It can seem like a lot of effort, but it doesn’t have to be.

Start by assessing the skills you can market. You could even set up a store and start selling crafts, or digital goods if that’s your thing.

At first, it will be slow, so you will be setting up the foundations. But if it kicks off, you’ll have money coming in to supplement your annual income.


Step 2: 
Now’s the time to learn how to invest your money. Money makes money at the end of the day.

The wealthiest people know this and have multiple shares in private or public corporations.

Learn everything you can about investment tools. You’ll need to be well versed in venture capital, private equity, stocks, and more.

It can take time to learn this, but even if you give your money over to a Certified Financial Planner, you’ll need to have some understanding of what they’re doing.

Step 3: 
If you hire a Certified Financial Planner, do your research.

Don’t just hand over a percentage of your yearly income and hope they’ll make money with it.

Some CFP’s say their best investment cost them peanuts, while their worst lost them thousands.

You can find out everything you need to about investing your money here.


How are you saving money this year?



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  1. I love this! Getting out of debt was the first step for me to feel financial freedom and start focusing on my other financial goals :)

    Diana | https://thechicdiary.com/blog/2/8/2018-video-10-tips-to-maintain-your-ashy-blonde-hair-color

  2. This is the stupidest most obvious, non helping blog post. We all know this is the way. Thanks captain obvious

  3. This post is more for those who are just starting out, like my 18 year old son who will be going to college and not for us older or more experienced with finances. Everyone has to start somewhere since we don’t teach economics at high school.

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