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Personal Finance Hacks That Will Make You Rich (In One Year!)

Personal Finance Hacks That Will Make You Rich (In One Year!)
Personal Finance Hacks That Will Make You Rich (In One Year!)

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How EXACTLY can you hit major money goals within a year?

 Is there any single way out? A cheat code maybe?

When it comes to becoming financially free, focussing only on one thing won’t help in the long run!

The ONLY thing I learned from becoming aware of my personal finances ever the past year is that it isn’t just one thing that you need to do. A lot of things come into play, From saving to growing money.

You might work hard, and play hard to reward yourself in return with nice things to surround yourself with. Or maybe save portions of it in the bank account. That alone won’t be enough.  

I often hear advice to skip your morning coffee so that you can save money. O.K! Sure!

If you plan to skip coffee of $3 every day to save money, that’s almost $90 a month. But let’s be honest here, can only saving $90 a month can bring a huge impact on your lifestyle?

I’m not saying don’t look at the small aspects(they eventually add up to big things) but there are a few key personal finance hacks you can implement in your life that might get you financial freedom.

Below are some personal finance hacks, if you get these right, you don’t have to worry about saving money on coffee ever again –


1: Build (and follow) a Budget That Suits You

Though Budget isn’t exactly the sexiest term but it can really impact the way you spend your money. If you never learn to monitor and analyze your spending, how are you ever going to be rich? Make a monthly plan of how much you will spend in each category, and based on your past spending. Any improvements you can make, stick to them!

Though there is limited control over how you spend on Fixed Expenses, You might need to reconsider how you spend on Variable Expenses.

Fixed expenses

  • Monthly Bills
  • Transportation
  • Insurance
  • Mortgage etc

Variable Expenses

  • Entertainment
  • Groceries
  • Shopping
  • Tours, and travels etc

Some Ideas to save money:

  • Platforms like Trim lets you save money and track your personal finance on a daily basis. 
  • You can also try Paribus, it lets you get a refund for the item you’ve already bought when prices drop after you’ve purchased.
  • Ebates Offers you a cashback everytime you buy something online, completely free and legit.

2: Start Investing

Investing is the fundamental element that most Entrepreneurs emphasis on to grow your money. Just saving money in the bank is never enough to make you a fortune. Due to inflation, money loses its value. An amount of  $50 today does not have the same value it had ten years ago. Money loses it’s value every day.

Whereas, when you invest, your money is working to earn you more cash flow. And that extra money new work to earn you even more cash flow. Which then work to earn you even more.

This snowballing growth is known as compound growth.   

Compound interest is like the eighth wonder of the world, those who understand it, Earns it, Those who don’t, Pays it.

Jeff Bezos (richest person on the planet, with over $100 billion net-worth) has invested in dozens of companies including Google, Airbnb, Twitter, and Uber and even bought companies like Audible, Alexa, Twitch, IMDb, Zappos, and Whole foods over the years.

Nowadays you don’t need millions to invest in some company, platforms like swell, lending club, and Acorns lets you invest as little as coffee money (yup! Invest spare changes)

1: Swell – Swell Investing was built to help users invest in socially responsible stocks. These include investments in alternative energy, clean water, and healthy living.

Swell requires a minimum investment of only $50, which makes it appealing and accessible to new and younger investors.


2: Lending Club – By investing with Lending Club, your money goes towards issuing different types of loans to other people that help that’ll help them get out of debt, start businesses, get auto loans and finance or medical care.

The entire transaction happens online, skipping the need for embarrassing face-to-face meetings we encounter to get bank loans. Lending Club offers a competitive average return of 5.06 to 8.74%. (Its a pretty big deal)

And 99% of investors who have applied and invested with Lending Club have seen positive returns.


3: Acorns – The only micro-investing account that allows you to invest spare change. Set up in under 5 minutes and automatically add money to your diversified portfolio.

More than $1 billion has invested already through Acorns. Their monthly fee starts from $1 (completely free for college students).

Acorns is modernizing the old-school practice of saving the loose change, merging the robot-advisor model with an automated savings tool.

The app analyses your purchases on linked credit or debit cards then invest the change into a computer-managed investment portfolio. 


3: Have Multiple Income Streams

I cannot Stress this aspect enough that how important is to have multiple income streams. According to,

  • 65% of self-made millionaires had at least three streams of income 
  • 45% of self-made millionaires had at least four streams of income 
  • 29% of self-made millionaires had five or more streams of income 

The main idea behind having multiple income streams is that even if one of your streams is not earning you well, others can compensate the losses. And if all are thriving, *Ka-Ching* you make a lot more money.

With the modern development, there are numerous ways you can start a side hustle and drive passive income from it.

1: Flip Items  – How does the idea of “Finding something that you can resell to make a profit” sounds to you? That’s exactly what made Rob and Melissa $42,000 in 2015 working only 5-10 hours a week.

In 2016 they made $133,000 flipping items. That’s friggin huge.

Some of the best-flipped items that they’ve done include:

    •  Door handle: They Bought for $8, sold for $200 (+$192 profit)
    •  Double stroller: They Bought for $90, sold for $380 (+$290 profit)
    •  Magnetic Machine: They Bought for $5, Sold for $700 (+$695 profit)
    •  Exercise Bike: They Bought for $100, Sold for $2,000 (+$1900 profit)
    •  Base jumping vest: They Bought for $10, Sold for $200 (+$190 profit)
    •  Carousel Horse: They Bought for $175, Sold for $1,299 (+$1124 profit)
    •  Patio set: They Bought for $50, Sold for $2,100 (+$2050 profit)
  •  Autoclave: They Bought for $100, Sold for $5,500! (+$5400 profit) WOW!

One of the students of the course said “I want to give a quick shout out to Robert for opening my mind to selling big, bulky items on eBay. I got both a scanner and receiver for $17 and sold shortly after they were listed for $399 and $129! In the past, I would have passed on these items because I would have no clue how to ship them. Thanks again, Rob!” –Anthony F., Flea Market Flipper Student.

 You can learn how to make profit flipping items here, where they teach you how to flip items at an advanced level.


2: Become A Virtual Assistant 

An average Virtual Assistant earns $35 to $50 per hour (some VAs earn almost $100 an hour).

That’s $400 a day (working 8 hours) and a TOTAL of $12,000 or above in a single month.

There has been a 95% increase in demand for VAs in the last three years. People these days are looking for virtual assistants who can manage social media, edit content, write blogs and other stuff constantly. Gina Horkey’s course will guide you to becoming an in-demand VA in 30 days. 

Some people prefer more administrative or data-oriented tasks, which is exactly the what job of a virtual assistant isIf you are looking for a new job, or even just a side hustle, this may be something to look into.

Those who have taken the course- How I Make Over $10,000 Per Month With These Side Hustles How I Make Over $10,000 Per Month With These Side Hustles


With technology advancements, businesses are more comfortable than ever working Virtually.

3: Blogging  – 

Blogging is one of the most lucrative online business out there where with right strategies you can grow much quicker compared to other ways. But it’s not always about the money, sometimes it’s really about the lifestyle it provides you- 

  • No fixed hours of work. 
  • Flexibility to work whenever and wherever.
  • No boss other than you, biggest pro!
  • No limit in earning.
  • Freedom to have a little family time. 

Thinking that you are too late to start a Blogging Business and it is too competitive now?


  • Suzi (creator of start a mom blog) launched her blog on 18 Jan 2017 and already made $200,000 by the end of September 2017.
  • Logan and Caroline (creators of money done right).They started their blog in 2017 and are now making over $30,000 a month in August 2018.

You are not late to the party. Learn how to Start a blog within 20 minutes with this FREE Step-By-Step guide.

4: Have Your Own Emergency Fund

Do you have a savings account specified only for ’emergencies? Meaning, what if you lose your job tomorrow? What if you had to stay in the hospital for a few months? What if the company you work for goes bankrupt? There are lots of “what if’s” that will question you –

Do You Have a Backup?

If you want to be carefree in this area and don’t want to feel this financial pressure every day, make sure you set aside your own emergency fund. Obviously, you can start by adding small amounts every month if you don’t make much, something is always better than nothing!

Start from today! It is necessary to have an emergency fund, try to save at least six months to a year’s worth of expenditure in case of a misfortune. This way you can focus on starting your new gig without worrying about the expenses for a very long time.

5: Refinance Your Loans And Manage Your Debts (if any)

Having a loan is stressful enough, but choosing the most expensive path to repay it is on a different level.

Students with student loans often pick the most expensive path in history for their studies and spend the coming 15 years of their life getting out of debt and may not be aware that refinancing loans can save them a great deal on money. Companies like Lending Tree helps students the cheapest way into student loans.

A house is possibly the most expensive thing you will ever buy, so if you do it, do it wisely! Lending Tree helps with Home loan refinancing and Reverse mortgage.

Just like student loans, Auto refinancing may also save you a heck ton of money. Do you know that People who choose to refinance their Auto loans save around $3000 on average? You may consider LendingClub Auto Refinance which provides phenomenal auto refinancing.

Related articles that might be a fit to your interest:


Friday 6th of September 2019

Great post, I completely agree on how important it's to have multiple streams of income, investing like you mentioned is also really important especially if you're young because you can leave the money there and really take advantage of th epower of compounding interest. Having a blog is also a great idea, it takes a lot of work to get it off the ground but definetely worth it on the long run. Thanks for the hacks!


Monday 1st of July 2019

Just retired at 41 and now starting a blog. Trying to also learn Pinterest and how to leverage it for blog! Great points you made about investing. It’s a must!

Sayan Neogie

Monday 1st of July 2019

Good luck with your new blog Matt! "Investing/starting a side hustle" is the key to financial freedom.


Tuesday 19th of March 2019

Nice read . Quite practical. Thanks for the info

Sayan Neogie

Tuesday 19th of March 2019

Thanks for stopping by!


Wednesday 20th of February 2019

Such a great read! I learned so much from reading this post. It's a pity that schools don't offer financial education to students. I feel like I literally had to educate myself on money management and finances. I was surprised just how much VA'S can potentially earn. That's insane!

Sayan Neogie

Wednesday 20th of February 2019

Same, managing my finances was an integral thing for my adult life that I had to teach myself too! Thank you so much for stopping by Tiffany.

artrish lopez

Saturday 2nd of February 2019

Is Acorn available for non-Americans?

Thanks to whoever is gong to answer the question.

Sayan Neogie

Saturday 2nd of February 2019

Unfortunately, Acorns is only available in the United States and Australia at the moment.