As tired as we all are of hearing that 2020 is so unique and so weird and so different, the truth is that it is. However, 2020 should not stop you on your long-term journey towards financial success. It might reroute you or slow you down, but don’t let it derail you. One word that has really resonated with me this year is: resilience. No matter what life throws at you, find a way to make it work. Two quotes that I recently seen really illustrate this point – “To hell with circumstances; I create opportunities” (Bruce Lee) and Serena Williams talking about “I really think a champion is defined not by their wins but by how they can recover when they fall”. In light of those inspirational quotes, let’s explore a few ways you can continue growing your finances even in the face of adversity (i.e. whatever 2020 keeps throwing at us).

It’s vital to take steps that are going to help you make the most of your financial position, and this is even more important in the wake of the global pandemic. Make sure you assess the different ideas you might need to help you make more money and take care of your cash more effectively in the future.

Invest Wisely

One of the best ways of being able to make more money in 2020 is to ensure you invest as well as you can. You need to have some investments in place, and there are a lot of things that play a massive part in this, and you need to make the right decisions here. You have to make sure you do as much as possible to make the right investments, and this means looking at things like real estate, stocks & shares, and cryptocurrencies. There is more choice than ever nowadays when it comes to investing, and you need to make sure you make the most of this. For me this means index funds and real estate; they fit my risk profile and on the whole are still growing.

When you are investing in real estate you can start off by using a platform such as DiversyFund. This way you can more safely invest in real estate through crowdfunding. 

However, you should always be aware of what you are investing in. This can prevent a Diversyfund lawsuit in the future because of this understanding about how the platform works. The more you know the better.

This can also mean to invest in yourself. Perhaps it’s going back to school or getting a certification or completing a training. Always be learning and growing to remain competitive in the workforce.

Find the Right Side Hustles

There are some great ways of making more money, and one of the best moves you can make is to find the right side hustles. This is something that you need to make the best of right now, and there are a lot of factors to consider here. The internet has opened the door to so many new possibilities, and it’s vital to do as much as possible to find the perfect hustles and make the most of what is available to bring in additional revenue. Even in the midst of COVID and social distance you can still find ways to supplement your income via a side hustle! A side hustle can be a great way to help you reach your financial goals; whether it’s saving/investing more or paying down debt.

Manage Your Money Better

You have to make sure you do as much as you can to manage your money better. This is one of the best things you can do when it comes to making the best of this right now. Get a budget, watch your spending, set financial goals, learn how to say ‘no’, save and invest. Start there! Also check out these personal finance hacks to make more money, that go a long way towards trying to improve your bank balance in 2020 and beyond.

Summary

Focus on doing as much as you can to come up with some of the best ideas to help your finances. This is so important as there are a lot of things that you need to try to make the best of right now. Making more money in your life is a challenge, but there are so many ways you can work towards achieving this, and it is massively important to make sure you get this right. 

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