6 Ways To Improve Your Financial Life In 2023 | Money Thoughts

Looking after your finances is a topic that is now discussed more and more. With inflation and the cost of living crisis it is more important now than ever to look for ways to maximise the money that you do have and make even more where possible.

I've been doing a lot of research over the last few years to become more purposeful and successful in the management of my personal finances and today I want to share some of the top tips that I have actioned over the last few years to become much better at managing my finances. These approaches don't require you to make anymore money, rather, managing the money you do have for your own security and piece of mind.

I have put some timestamps below for you to skip through the video as needed, but if you implement all these approaches you will notice quite quickly that you have a better grasp of your finances.

Timestamps:
00:00 Introduction
01:10 1a. Track Spending
02:25 1b. Set a Budget
04:05 2a. Emergency Funds
05:39 2b. Sinking Funds
06:46 3. Using Credit Effectively
08:02 4. Maximise Savings
09:14 5. Wait on Larger Purchase
10:31 6. Price Comparison Websites & Cashback
11:33 BONUS TIP

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I'll catch you in the next one!

Disclaimer: Nothing you see in this video constitutes financial advice. I have no formal financial training. If you want help with your investments please seek independent financial advice from an appropriately trained professional.

Disclaimer: There's is an affiliate link displayed in the video description. If you sign up or make a purchase after clicking on the link I will make a small commission, however, there is no additional cost to you. I personally use the products listed and feel that people can also benefit from them.