How to Boost Your Finances in 2024

“The measure of intelligence is the ability to change”- Albert Einstein

If you must change your financial status in 2024, you must be willing to do certain things differently. What are those things you can do differently in 2024 to experience improvement in your finances?

• If you must open your shop or office daily to make money, in 2024, you should consider (alongside) starting a venture that will not require you to open your shop or office to earn.
• If you have been the one who does everything to earn an income, in 2024, you should consider delegating responsibilities to others so you could earn more.
• To increase your net worth in 2024, focus on converting your liabilities (things that take away money from you) to assets (things that bring money to you).
• Turn your smartphones, laptops, car, apartment, etc. into assets.
• In 2024, focus on acquiring high-income skills rather than exchanging time for money.
• Warren Buffet said, "The more you learn, the more you earn." In 2024, work on improving your financial intelligence by reading books on financial education. Examples include Rich Dad Poor Dad (Robert Kiyosaki), The Compound Effect (Darren Hardy), Secrets of The Millionaires Mind (T. Harv Eker), Think and Grow Rich (Napoleon Hill), etc.

• In 2024, decide to create more time for things that will impact meaningfully on your finances.
• Disengage from friends who instead of encouraging you to invest your income wisely, talk about squandering your income.
• A maxim has it that if you are the only richest person in your group, then the tendency of you becoming poor is high. Therefore, this year, consider empowering the people around you who are struggling financially.
• Consider starting an online business that will earn money for you, passively. This may include selling products online.
• Lastly, cultivate an attitude of gratitude. Give thanks for everything. Gratitude has a way of attracting favourable circumstances our way that will further cause us to be grateful.