Top 10 Personalfinance tips

Alerts and Notifications

That is one of the most important functions in any financial app to use for notifications about:

  • upcoming payments;
  • low account balance;
  • funds receipt;
  • new app version capabilities, etc. You can read more on this topic in our article: In-App Messages vs. Push Notifications: What’s the Difference and How to Use them.

Side Hustle to Make More Money

Are you happy with the amount of money you're taking home each year? If you're like most of us, a little bit of extra cash each month could go a long way. So, why not start a side hustle to supplement your income? Don't worry. You don't have to sacrifice all of your free time to start a successful side hustle. One of the big advantages of side hustling is that you can do it when you want and as much (or as little) as you want. The best advice I can give you is to start. Use any extra time you can find and make a little bit of progress every day. Soon you'll be addicted to the side hustle lifestyle. So, how much money can you really make with a side hustle? Well, that's the other awesome thing about side hustling, the income is virtually limitless. Since you're not getting paid by the hour or a set salary, it's really up to you to decide how much you want to earn. The more you feed your side hustle, the more it grows.

Informative Reports

If necessary, users should have the possibility to generate a report on various income and expense items for different periods, as well as build diagrams helping to manage money the best way possible. A good-looking dashboard draws attention and makes information understandable and manageable. The possibility to create high-quality data visualizations and build informative reports is very important for a budgeting app. [by 540studio]

Make money doing something that fulfills you

Pursue making money doing something that fulfills you. Whether that’s in the career you’re in now or something else, find a way to be aligned with your work and make money doing it. Sometimes, this is easier said than done, but you can start by taking little steps to move you toward the ultimate goals of feeling fulfilled by how you make money. One example would be to spend time figuring out what you want to do with your life by shadowing people in other professions. Whatever it takes, you spend too much time working to do something that doesn’t fulfill you. Next step:

  • Join: Grow You (life coaching program)

If you don’t know what to do, start a blog

If you feel stuck and don’t know what to do, I highly recommend starting a blog. A blog can be a great way to write about something you care about and make money. This is what I did – I started my blog while I was practicing law. This led to me quitting my job as an attorney to pursue a career as a financial planner. All this from a little blog I started on a whim. Next steps:

  • Read my How To Start A Blog Tutorial
  • Sign up for my free blogging course: Online Business Free Course

Go The Extra Mile

One final Instacart shopper tip is to try going the extra mile. I’ll give you an example here from a thread I found on Quora from Rena Margulies, a part-time Instacart shopper who has been working this side gig since 2016: In her tip, Rena suggests grabbing freebies for the customers, taking free samples, picking up magazines, and even buying small thank you notes reminding customers you’re grateful for their business and to rate you 5 stars. For some, this might sound like going over the top, but hey, it’s worth testing this in your market to see if you get more 5 star reviews and better tips!

Use Paribus

Have you ever bought something online and then noticed the item selling for a lower price a week later? This happens all the time and most online stores offer a price adjustment policy just for this scenario. If you notice a price adjustment, you can simply send the store an email, and they'll refund you the difference. The problem is that 90% of the time you won't notice the price adjustment happen, meaning you miss out on that free money. That's why Paribus exists. Paribus connects to your email to monitor your online purchases, and if a price drop happens Paribus gets you a refund automatically. It's fantastic and super hands off. Sign up for Paribus here – it's free.

Get Your Finances–and Body—in Shape

One study showed that more exercise leads to higher pay because you tend to be more productive after you’ve worked up a sweat. So taking up running may help amp up your financial game. Plus, all the habits and discipline associated with, say, running marathons are also associated with managing your money well.

Regularly Check Your Credit Score

Saving money in college can really be as simple as checking and understanding your credit score. If there are errors on your report and you apply for a student loan or another loan product, errors will lower your credit score, leading to higher interest rates on your loans. If you don’t regularly check your credit score, you won’t know if there are errors on your score or if there are strategies you can pursue to boost your score. Check out sites like CreditSesame and Credit Karma to get free access to your credit reports all year long.

Wait Near Busy Areas

When you start working for Instacart, you can technically be on the sofa at home, enjoying a nice TV show and bag of popcorn. However, do you really want to spring into action when you get a batch request you like and then drive into town? If you’re serious about Instacart, my tip is to wait near busy areas of your town where there are multiple, popular grocery stores. Even if you end up waiting in your car a few minutes, the fact you’re already near busy stores makes a massive difference.