The new year is a time for resolutions. So if one of your resolutions is to improve your finances, Kavan Choksi and other experts say there are a few things you can do to make that happen. Here are ten ways to get started.

1. Create a budget and stick to it.

Creating a budget is the first step to improving your finances. It lets you see where your money is going and figure out where you can make cuts. Once you have a budget in place, be sure to stick to it.

2. Invest in yourself.

One of the best investments you can make is in yourself. So take some time to learn about personal finance and investing. There are a lot of great resources out there, both online and in print.

3. Cut back on expenses.

If you want to improve your finances, you need to start by cutting back on your expenses. There are likely a lot of things you can do without, like eating out or cable TV.

4. Invest your money.

Investing your money is one of the best things you can do for your future. When you invest, you’re essentially putting your money into something that has the potential to grow over time. This can help you build wealth and secure your financial future.

5. Review your expenses.

Take a close look at your expenses and see where you can cut back. There may be some areas where you can save money without making any major changes. For example, you may be able to reduce your cable bill or cancel a subscription service that you no longer use.

6. Create a budget.

7. Start saving for retirement.

Saving for retirement is important, and it’s never too early to start. If you can start saving even a small amount each month, you’ll be in good shape when it comes time to retire.

8. Stay disciplined with your spending.

It can be tough to stay disciplined with your spending, but it’s important if you want to improve your finances. Try to avoid impulse buys and stick to your budget as much as possible.

9. Make a plan to pay off debt.

If you have debt, it’s important to develop a plan to pay it off. For example, you may want to consider getting a debt consolidation loan or making a budget to help you stay on track.

10. Stay organized.

One of the best ways to improve your finances is to stay organized. This means keeping track of your expenses, your budget, and your debt. It also means keeping your financial records in a safe place.


Making financial improvements is not always easy, but it is definitely worth it. These five tips will help you get started, but be sure to tailor them to fit your specific needs. Finally, and most importantly, don’t give up. Financial improvements take time, but you can achieve them with hard work and perseverance. Follow these tips, and you’ll be on your way to a more secure financial future.