The year is almost over but it’s not too late, there are still things you can start now to earn more money in 2023.
In this article, I’m going to walk you through 5 different ways you can begin to set yourself up for financial success next year.
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#1. Write a Financial Plan with Intention
One of the most important things you can do right now is to begin writing a financial plan with intention.
The intention has to be there.
What are your financial goals?
What are your income goals?
Journal them and create a plan on how to make those visions become a reality.
Perhaps you’re looking forward to saving your first $1,000, your first $10,000, or want to hit your first every $100,000+ in capital.
The best way to start that journey is to write it down as a plan first.
Identify what it’s going to take, and the rest will follow through.
#2. Practice or Learn New Skills Now
If part of your plan involves earning more money for 2023 and you’ve identified that you’ll have to take on a whole new industry or develop a new set of skills, start now.
The only way we grow is by learning, and unfortunately there’s no shortcut for it.
You can learn new skills such as copywriting, public speaking, trading, graphic designing, website creation, sales, marketing, branding, etc.
Learning is painful because it’s slow and often times people put learning something new on the back burner to not start over again.
But the truth is you’re not starting all over.
You’re merely making yourself more valuable by elevating your standards.
If you want to make more money in 2023, chances are you’re going to have to do something different the new year than you did this year.
Remember, degrees don’t make you money, skills do.
#3. Solve Problems for Other People
This can be in the form of an actual business venture, or an educational or informational startup, such as an online business (blog, podcast, etc.).
You know this and I know this, there are people making a sh*t ton of money either online or through a traditional business model.
What these individuals are doing is they’re simply solving problems for other people in a particular community or niche industry.
Can you think of a way you can serve people in a manner that will solve a problem for them?
Whether their problem is they’re in the area and they’re hungry, or they don’t know how to dress themselves properly for a specific function, or they don’t know the basics of proper car maintenance.
There is something you know that can solve the problem for someone else whether that be physically or through an online platform.
#4. Start Putting Your Money to Work for You
If you have disposable income, the best thing you can do is to put that money to work for you.
Did you know you can buy stocks that will pay you a dividend every quarter?
These earnings then rollover and compound further growing your investment/net worth.
This of course just one example of how you can put your money to work for you in 2023.
If you have big capital at your disposal, buying a property cash could provide you with rental income while appreciating over the long-term.
#5. Create Something Original You Can Sell
One thing you can do now is create something original that you can sell.
It can be clothes, paintings, a service, a product, a book, literally anything that’s original.
You can sell on eBay, on Etsy, on Instagram Stores, or via a personalized website.
Heck, you can even sell at events or swap meets.
Your hustle is your hustle and you’re more valuable than you think.
Related: These Money Management Tips