Hey there! Today we’re  going to be discussing some great personal finance tips I found that I’m going to try to follow in the new year.

Check them out! I do believe these are the absolute fundamental tips that you can build a strong and healthy financial being on, that is why I’d like to share them with you today!

Let’s get started….

Plan, Plan, Plan & Budget!

The Fundamental Personal Finance Tips For 2014

You should start the new year by setting up financial plans. A weekly plan, a monthly plan and a year plan. You need to know (as early as possible) how you will tackle the issues facing your personal finance. Know what you’re going to do, what you’re not going to do, what you wish to do, etc… Build up these plans, go over them and then tattoo them in your mind.

Next up is to create a solid budget for your plans to see how you’re going to distribute your money. Where is it going to go? What part of your plan is it going to fund? How much are you going to save!?

Set Up A Savings Goal

With these plans and a well thought out budget in mind, set up a saving goal of what you wish to have by the end of the year. it’s super easy to set up a saving goal, sticking to it however is another story.

Don’t make it over the top. Make it “easy” and do-able. If you did your budget right you should know what is possible and what isn’t.


Is It Worth it?

2014 is the year we’re going to kick the nasty habit of “impulse buying”. Impulse buying has been my greatest enemy in my quest to financial freedom and most probably you suffer from this monster as well.

Before you make any purchase (big or small) ask yourself if it’s needed and/or if you really want it! If it’s a really big purchase I suggest you wait it out for a week or two and see if you still have the “urge” for it.

Stay Out Of Debt

Enemy number 2 is debt. There is good debt but there is also bad debt. This is the kind of debt that will eat you up and spit you out before you even realise what happened.

Try your best to stay out of debt in 2014 unless you absolutely must!

Setting Up An Emergency Fund

This is going to be continuing from 2013. I’m slowly building up a solid emergency fund to cover the”what ifs” of life.

If you haven’t started already make sure to do so as soon as possible. I talk about emergency funds and the best way to manage them in this blog post.

Invest In Yourself

With all the tools we have available online, now is the best time to invest in yourself and 2014 / 2015 will be even better. Learn a new skill, start a business, chase your dreams! Do whatever you always wanted to do. Now is the time!!

Put yourself out there and make the most of what you’re able to do. Invest in what you’re passionate in. Give your dreams a chance!


Execute! Having plans, budgets, goals, dreams etc.. will only get you so far. Learn how to execute and follow through with your plans. Don’t just swipe everything under the carpet after a month.

Stick with it. It’s going to be hard to follow through yes but it’s worth it! OWN IT!

What are your financial goals for 2014?

Let us know your thoughts below and make sure to share to check out some more great articles on GetToSaving.com!

Thank you for reading and have a superb 2014! I’m counting on YOU!

Chris Lee Vella

Chris Lee Vella

Hi, I’m Chris Lee. In September 2013 I decided to quit my job to focus on building up my business. Glad to say that till now all is going well and I think I made the right decision but it’s only because I have learned how to properly manage my personal finances.