58 Personal Finance Tips To Help You Save And Make Money (2024)

Written by: Alexis Schroeder

Publish Date: January 1, 2023

This post may contain affiliate links, meaning I receive a commission for purchases made through these links, at no cost to you.

Personal finance is a journey. No one is born knowing how to manage and make money.

My journey to paying off $40,000 in debt and working toward a $100,000 net worth goal didn’t happen in a day.

It looked more like an up and down rollercoaster where I finally reached the end to my first goal.

Here are the best articles on:

  • Starting a budget
  • Creating an emergency fund
  • Paying off debt
  • Saving money
  • Investing and retirement
  • Making extra money
  • Boosting your credit score
  • Paying off student loans

Start A Budget

These articles are all about creating a budget. I share the best and easiest tips to help you get started.

  • How To Create The Perfect Budget In 8 Steps
  • 4 Budgeting Tools To Perfect Your Budgeting System
  • My $1,348 A Month Budget
  • 7 Ways To Make Sure You Stick To Your Budget
  • EveryDollar Budget App Review

Emergency Fund

An emergency fund is crucial for any personal finance journey.

  • 5-Step Guide To Starting An Emergency Fund

Paying Off Debt

Paying off debt is a process, here are some articles to make the journey easier.

  • 7 Step Guide To Pay Off Credit Card Debt Fast
  • 10 Ways To Pay Off Your Car Loan Fast
  • 11 Best Personal Finance Podcasts

P.S. Sign up below for the FREE ultimate financial planner that includes printables like: debt tracker, income tracker, annual budget summary, savings challenges, financial goals, and debt thermometers!

Saving Money

Here are the most popular and helpful money-saving articles on my blog.

  • 15 Money-Saving Tips That Are Hurting You
  • How To Save Money On Groceries Without Clipping Coupons
  • 15 Proven Tips To Make Living In An Expensive City Cheaper
  • 50+ Student Discounts To Get Free Stuff
  • How To Get Overdraft Fees Waived
  • 25 Ways To Practice Self Care For Free
  • How I Saved $290 On My Phone And Internet Bill
  • 10 Tips To Save Money And The Environment
  • How To Save $1,000+ Per Year On Your Cell Phone Bill
  • 48 Birthday Freebies For Your Special Day
  • 9 Ways To Save Money On Car Insurance
  • 10 Secrets To Saving Money At Target
  • 9 Ways To Save Money On Pets
  • 10 Ways To Save Money On Your Next Car

Investing & Retirement

Investing and saving for retirement is a lot of fun. The earlier you start, the better.

  • Beginner Guide To People Completely New To Investing
  • Blooom Review | 401k Retirement Plan
  • How To Make Money Trading Stocks On The Robinhood App
  • How To Invest In Stocks The Easy Way

Make Extra Money

These articles are all about making extra money either with a side hustle or a new career.

  • How To Make Money Selling Printables On Etsy
  • How To Make $19 Per Hour As An Online English Teacher
  • How I Make $2,000 Per Month Running Facebook Ads For Businesses
  • How I Built A Six-Figure Career While In College And Working Full-Time
  • How To Become A Pinterest Virtual Assistant And Make Up To $50 Per Hour
  • How I Became A Virtual Assistant And Make $2,000+ Per Month
  • How To Find Real Work From Home Jobs
  • How I Make Over $10,000 A Month With These Side Hustles
  • How To Make Money As An Online Proofreader
  • How I Sell On Amazon FBA And Make A Full-Time Income
  • How I Make Full-Time Income From Home As A Bookkeeper
  • 10 Ways To Earn Quick Money From Your Phone
  • 5 Survey Sites That Pay Up To $500 For My Opinion
  • 7 Ways To Make Money Blogging

Fitness & Money

Fitness and money are highly correlated. Read these articles to save money on your health journey.

  • 10 Ways To Workout At Home For Free
  • How To Save Money On Healthy Groceries
  • 9 Easy Ways To Lose Weight On A Budget
  • Healthiest Foods For A Tight Budget

Student loans impact most people in the United States. Read these articles to create a plan to save money in and after college.

  • How To Graduate With Little To No Student Loan Debt
  • 7 Ways To Pay Off Student Loans Fast

Credit Score

Your credit score is one of the most important numbers to know. Read these articles to find how this 3-digit number impacts your life.

  • 10 Ways To Increase Your Credit Score
  • 5 Benefits of Improving Your Credit Score
  • 7 Reasons Your Credit Score Dropped
  • 10 Credit Score Statistics And How To Increase Yours
  • 7 Ways Your Credit Score Impacts Your Future

Extra

Here are some of my favorite articles on my blog!

  • 10 Best Lessons From Personal Finance Books
  • 31 Days To Transform Your Money Challenge
  • How I Made $80,000 My Second Year Blogging Full-Time
  • 10 Black Friday Tips To Save The Most Money
  • 10 Best Personal Finance Books To Read

Best side hustles (making $1,000+/month)

  • Sell printables on Etsy – Selling printables is the #1 side hustle to make money. This can be done on your own schedule and turn into passive income! You can earn over $10,000 a year selling printables.
  • Sell dog treats – Make $1,000+ selling dog treats from the comfort of your home. Be your own boss and make your own schedule.
  • Proofreading – Earn $20+ an hour proofreading from home. Great for people who enjoy editing and working from a computer.

What are you currently working on in your money journey?

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58 Personal Finance Tips To Help You Save And Make Money (1)

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58 Personal Finance Tips To Help You Save And Make Money (2)

Alexis Schroeder

Alexis Schroeder is the CEO and founder of FITnancials.

With budgeting and side hustles, Alexis paid off over $40,000 of debt and made over $100,000 in side hustles in college.

Since starting this website over 10 years ago, Fitnancials has reached over 3,000,000 readers. We’ve been featured on sites like Forbes, Yahoo, Side Hustle School, GOBankingRates, Mint, and many more.

If you want to contact Alexis, please send an email to alexis@fitnancials.com.

58 Personal Finance Tips To Help You Save And Make Money (2024)

FAQs

What are some personal finance tips? ›

  • Choose Carefully.
  • Invest In Yourself.
  • Plan Your Spending.
  • Save, Save More, and. Keep Saving.
  • Put Yourself on a Budget.
  • Learn to Invest.
  • Credit Can Be Your Friend. or Enemy.
  • Nothing is Ever Free.

What are 5 budgeting tips? ›

  • Create your budget before the month begins. To stay on top of your budget, plan ahead. ...
  • Practice budgeting to zero. ...
  • Use the right tools. ...
  • Establish needs versus wants. ...
  • Keep bills and receipts organized. ...
  • Prioritize debt repayment. ...
  • Don't forget to factor in fun. ...
  • Save first, then spend.
Feb 22, 2024

What is the best way to budget and save money? ›

We recommend the popular 50/30/20 budget to maximize your money. In it, you spend roughly 50% of your after-tax dollars on necessities, including debt minimum payments. No more than 30% goes to wants, and at least 20% goes to savings and additional debt payments beyond minimums. We like the simplicity of this plan.

What is the 50 15 5 easy trick for saving and spending? ›

50 - Consider allocating no more than 50 percent of take-home pay to essential expenses. 15 - Try to save 15 percent of pretax income (including employer contributions) for retirement. 5 - Save for the unexpected by keeping 5 percent of take-home pay in short-term savings for unplanned expenses.

Where should I be financially at 25? ›

By age 25, you should ideally have enough money to cover three months of essential bills. You should also have between one-third and half of a year's salary in a retirement plan. If you're nowhere close, you may want to turn to the gig economy for an income boost.

What is the 50 rule in personal finance? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings.

What is the 10 rule budget? ›

The 60/30/10 budgeting method says you should put 60% of your monthly income toward your needs, 30% towards your wants and 10% towards your savings. It's trending as an alternative to the longer-standing 50/30/20 method. Experts warn that putting just 10% of your income into savings may not be enough.

What is the 30 budget rule? ›

The idea is to divide your income into three categories, spending 50% on needs, 30% on wants, and 20% on savings.

How to save money 50/30/20? ›

Our 50/30/20 calculator divides your take-home income into suggested spending in three categories: 50% of net pay for needs, 30% for wants and 20% for savings and debt repayment. Find out how this budgeting approach applies to your money.

How much fun money per month? ›

But I suggest holding to 10% at a maximum. If yours is higher than 10%, you could probably stand to make your budget a little more specific. I recommend budgeting 10% of your monthly take home pay, after tax, for fun money.

How to start saving at 52? ›

How to save for retirement when you're in your 50s
  1. Set realistic goals.
  2. Tackle debt.
  3. Take advantage of catch-up contributions.
  4. Create a health savings account.
  5. Make the most of Social Security.
  6. Generate income beyond investing.
  7. Don't abandon stocks in your portfolio.
Jan 10, 2024

What should you have saved by 50? ›

How much money you should have saved by 50, according to financial experts. By age 50, most financial advisers recommend having five to six times your annual salary saved. While wages fluctuate quarter to quarter, the U.S. Bureau of Labor Statistics indicates the average annual salary is about $61,900.

What is the rule of 30 a better way to save? ›

In The Rule of 30, personal finance expert Frederick Vettese provides a surprising ― and hopeful ― answer to balancing the costs of living with the costs of saving for retirement.

What are the 5 personal finance facts? ›

Article Contents:
  • 95% of millennials are saving less than the recommended amount.
  • 69% of households have less than $1,000 in emergency savings.
  • 34% of all Americans have $0 in savings.
  • 66% of millennials have zero retirement savings.
  • 72% of households do not have a written financial plan.

What are the 5 points of personal finance? ›

They are saving, investing, financial protection, tax planning, retirement planning, but in no particular order.

What are the 5 main areas of personal finance? ›

Five Areas of Personal Finance To Pay Attention To
  • The five main areas of personal finance are income, spending, saving, investing, and protection. ...
  • Every financial plan starts with income, which comes from a salary, bonuses, hourly wage, dividends, pensions, or a combination of all.
Feb 6, 2024

What is the 10 rule in personal finance? ›

The 10% rule is a savings tip that suggests you set aside 10% of your gross monthly income for retirement or emergencies. If you still need to start a savings account, this is a great way to build up your savings. You should create a monthly budget before starting your savings journey.

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