Solving the Money Problem: Practical Tips for Managing Your Finances

by Fransic verso
Published: Updated: 56 comments
Solving the money problem

Hello everyone, as you can tell that we are almost at the end of this month. Hope you achieved your monthly goals. Today I want to share a self-development post. And it’s something about lifestyle. It’s been a minute since I talked about something like this. So, this post will be about Solving the money problem.

Well, that is not all because I want to mention more things that can help you to reach your potential and live the best life. The money problem is something a lot of us struggle about. However, nowadays, it’s easier than ever before to solve the problem but you need to put in the effort. So, this post will help you pick a point to start the process and how to maintain good progress until you achieve it.

Solving the Money Problem: Practical Tips for Managing Your Finances

How many of you go through this problem now? I’m sure there are many of us will understand how it feels when you go through this. Whether it’s in the past or still going through it. You need to know that it is just a temporary situation unless it’s something you make permanent.

If you want to solve the money, you don’t need only steps to follow. And I want to mention more about this in today’s post. Because it’s not just about solving but more. Keep reading to know about it as it’s very important. Some people might not know about this and go back to the same spot although the problem is solved. If you found this helpful, please share it with others. I would appreciate that a lot.

Q: What do you mean by the money problem?

A: Good question, if you have this in mind. Well, it’s the problem of being short on money. Whether it’s a debt, wanting to do something or even paying for things in life. Something a lot of us go through but only a few of us know how to handle it. And I want to use this post to help as many as possible.

money problem

You shouldn’t go through this no matter what. Whether you had money or don’t have it. And something very important I also want to point out for some people. I will talk about it in a little bit because I know some people might be familiar with it and I have a good solution for it.

Before I talk about the solution and solving the money problem. How about we know a little more about the problem? There are some things that are very important. And later we can understand how to solve it. Because knowing how and what caused the problem can help to avoid it in the future.


I will mention the cause of this problem. And important things that you need to know. Then, I will share the ways to solve it. Keep reading until the end to get everything. As everything is very important to help you to take your life for the better.

What causes the money problem?

Well, let’s start with how you might end up with this problem. Because it’s important to focus on that and avoid it in the future. And I’m talking in general to everyone. Whether just a regular person, business owner, or even someone who has a job. Since everyone could go through this problem at any time.

Bad investment of your money

The most common thing that can get you in trouble is this one. And it doesn’t matter who you are. Always make sure to invest your money better. Something rich people do stay rich all the time. Otherwise, they will go broke. So, no matter what, never do a bad investment that can cause you to lose money for nothing.

Even regular people have money. They go spend it on something not helpful. You would end up needing money and that is not good. Be careful of spending money and try to have a saving money system as well. This way, you will be in the safe zone if something went wrong.

One of the best rules for investing money is that you need to invest in something that can get you more money. Never waste your money on something that is not making you more money. This way, you get it back no matter what. However, although it might be earning you money not so good. Therefore, be more careful with that as well.

Important point

Some of you might need a debt and if you did get it. Make sure to spend it wisely and on something that can help you to earn more money. Take more time to study the situation. Do not take the decision the first time because it might get you in more trouble and lose your money.

Not tracking your spending and saving

woman working on laptop and money
Photo by Tima Miroshnichenko

Another thing that can get you into a money problem is not tracking. Whether you are rich or not, always track and know where every penny goes to. And here is the reason why it’s very important to do this. I’m sure a lot of us know about this because it’s a common thing.

You can use an app because writing on paper is an old method. And you need to do this forever which writing in a book might not be a good option. I highly recommend that you find a good finance app to track your spending and saving. Being in control will help you to improve your financial situation.

Even if you have $100, being careful and tracking it will help you. Also, with a good investment, it will turn into 1000. And as you keep doing it, you can get rich from that. However, the opposite will have if you don’t track and be careful. You will lose it and there you are looking for another $100.

When you don’t have financial plans and obligations

If you have that $10 dollar and plan to spend it. It could turn into more money if you plan to spend it well. So, not doing that, will get you into trouble of losing money. No matter how much money you have, plan everything and make sure to stick to the plan all the time. Sometimes people don’t really do this and end up in a lot of debt.

Even regular people have money. They often spend it on things that may not be helpful in the long run. However, it’s important to be cautious about spending money and consider the benefits of a savings account. By implementing a savings system, you can ensure that you have a financial safety net in case something unexpected happens. Having a savings account allows you to set aside a portion of your income for future needs, emergencies, or financial goals. It provides a sense of security and peace of mind, knowing that you have funds available when needed.

What to include in the financial plans:

  • Where to spend your money
  • How much to spend in a certain period of time
  • Amount of money you need to put in the saving jar
  • How to spend them

This is something that is very important for many of us. So, I highly recommend that you have a plan. Whether you are a parent, a son, or even just an individual person. It’s one of the ways how to be in full control of your finance and prevent you from getting into the money problem.

These are some of the things that can get you in trouble. There are many more which you need to pay attention to that. Remember to always find out what is the cause of the money problem for you. Because people can have different problems depending on their lifestyles.

Solving the money problem

Now, let’s find out how you can solve the money problem. And what steps you should take to live your potential life. Something that a lot of us want to have in our lives. I can tell you that is possible but approaching it is very important. And I want to make it as simple as possible.

Something that I want to point out is that the difference between countries can affect the method of solving the money problem. However, no matter what and no matter where you are, Always remember it is possible but might not be in the same way as another country.

I know this from traveling and learning about other things in each country. So, the list below can be for anyone and everywhere. But might be different steps. Also, you can get different results and outcomes from what you do. Sometimes might take longer which is normal.

Things you need to solve the money problem:

  1. Determination and willingness to put in the effort
  2. The right mindset
  3. Having the plan to recover and living your potential life
  4. Tools and routines to use and do during the process

Working on getting yourself up ad solving this problem. There are many things that you will need. And some of them are what I mentioned above. Very important things that you will need. It’s a process and at the end of the tunnel, the outcome will be your goal and your better life. Solving the money problem is an easy process but YOU can make it that way.

Very important point

This something will take time. However, what you do can help you to make it shorter. Be wise and learn what is the best way to approach the problem. Do not rush and expect results overnight. Although you have seen many online methods of making money fast. However, not all of that is true.

Here are very important things to take that can help to transform your life into the dream you want. And these are very important for everyone and any person in this world. Trust me, if you don’t have these things, you either won’t make it or you will make it and get back to the same situation you are in at the moment.

Improve your knowledge of finance

cup and knowledge book.
Photo by Gabriella Clare Marino on Unsplash

Whether you have good knowledge or not. Always improve and learn everything about finance. How to manage it, tips to maintain good finance, and how to stay sufficient. There are so many things that you would need to learn. So many methods to improve your knowledge.

You might find a way to earn money but once you have it. There will be no knowledge of how to maintain and that will lead you to lose it all. I know some people who have this issue. It’s not always about making money but also knowledge. How to maintain it and what to do to spend money wisely.

If you are at the bottom of the sea of debt and have no money. Stay focused and start to learn and improve your knowledge. You might get a good opportunity on the way. Figure out what cause you to lose money and be in the situation you are in right now. This can be part of improving knowledge.

Do research on all available ways to make money

Once you have good knowledge. You will be set to earn money and that is where the second step comes in. No matter where you are, I’m sure you can find a way. And I will make it simple for you since some of us might not think of it during the moment going through this problem.

money on person hand. Solving the money problem
Photo by Christian Dubovan on Unsplash

Ways of making money

  • Physical work and jobs
  • Online methods and ways to make money

In some countries where you might not be able to make money. You can use either one of these ways. Maybe you can do both to earn even more money. If you think it’s impossible, well, don’t assume before you do the work. So, research all the available ways to make money.

Read more content on the blog:

Note to self meaning and how it can improve your life

Things that you can do to earn money. Being determined will help you to stay motivated until you get out of that bad situation of not having money. So, make sure to develop determination and willingness to work no matter what.

Physical work and jobs

  • Working in a friend or family shop or store
  • Doing tasks to earn money (such as pet sitter, delivery, etc)
  • Applying to jobs or companies to work and earn money.
  • Selling products, recipes, and anything possible to earn money
man working in workshop
Image by endri yana yana from Pixabay

Online methods and ways to make money

  • Running an online business
  • Using online methods such as affiliate marketing, dropping shipping, etc)
  • Starting a blog and monetizing it
  • Building your YouTube channel and creating content
  • Work remotely in other companies
  • Freelancing and doing tasks for money (such as writing, editing, and many tasks)
working online
Photo by Adeolu Eletu on Unsplash

I’m not sure about your situation. And where are you at? However, I just mentioned some of the ways that can help you in your research. Please, please take your time to study before you decide. You need to be careful because if you are at the bottom, there is no time to be wasted. Having the right mindset will help to get more opportunities to earn money.

Important point

Well, it might take time to recover and transform your life. However, make sure that you are on the right path. Pay attention to the process. Don’t keep doing things thinking it just needs time. Because you might be doing the wrong thing and going on the wrong path.

Once you are locked with the best way that suits you and your ability. It’s time to move to the next one. And it’s even more important than anything.

Plan everything and invest well

Next, once you get everything done and started working. Now, it’s time to focus on planning and investing. Even if you earn $200 a month. Don’t focus on the amount because you can use that to your advantage. So, spend time working on planning everything and making every penny count.

With your knowledge and everything, I’m sure you will be able to have the best plan. However, never stop learning because it helps you in the process.

Make sure to have goals and work on them. And never invest your money in the wrong opportunities. Because that would not be good for you or the future. Have a clear action plan to recover and transform your life. And with what you have and get, you will be able to reach that life you dreamt about.

Conclusion of Solving the Money Problem: Practical Tips for Managing Your Finances

Pinnable picture. Solving the money problem
Pinnable picture

Thank you for reading until this point. I hope you found this helpful. I shared great tips and reasons you might get this money problem. Also, what do we mean by money problem? Something we all can relate to in some way or another. And hopefully, can help you.

What do you think of this post? Have you been through a money problem? What steps did you take for solving the money problem? Let us know in the comment and it might help others.

Also, please subscribe to my email list. You will receive awesome posts like this. Follow me on social media as well because I post them there as well.

You may also like


Danwil Reyes February 25, 2023 - 3:30 pm

I appreciate your perspectives.

Fransic verso February 27, 2023 - 12:10 am

Thank you for reading and commenting!

Anita February 25, 2023 - 3:40 pm

A finance app sounds like it would be a great tool for managing your money. A great suggestion – thankS for sharing!

Fransic verso February 27, 2023 - 12:09 am

Yeah, it’s very important and thank you for reading!

Lindsay February 25, 2023 - 6:47 pm

You have some great ideas here on how to help manage money. We split our money into three accounts, which helps us manage our money. One for everyday living, another for bills, and 3rd is our savings account. We split up the money once it reaches our account every week. Also, once you start regularly saving, even if it’s just $20.00 a week, to start off with, you’ll soon get used to living without it, and you’ll slowly see your savings grow. Thanks for sharing :)
Lindsay /

Fransic verso February 27, 2023 - 12:09 am

I’m glad you found them great ideas. Thank you for reading and commenting!

Debbie February 25, 2023 - 7:33 pm

Great and valuable tips on solving a money problem. There are a ton of helpful ways to make money now from blogging to food delivery – theres options.

Fransic verso February 27, 2023 - 12:09 am

Thank you so much for reading and sharing your thoughts!

Ranjana February 26, 2023 - 1:22 am

Saving, investing, and budgeting smartly are what I have been considering for a long time but I have not been successful yet. You are absolutely right when you said that solving the money problem does take time. This is a great post because it lists all the comprehensive steps that are important to take to live a financially strong life.

Fransic verso February 27, 2023 - 12:08 am

That’s very good and it’s important we work on these. Thank you for reading!

Jamieadstories February 26, 2023 - 9:36 am

I agree that you have to be determined to fix financial difficulties. Good post!

Fransic verso February 27, 2023 - 12:07 am

Right? it’s very important that we be determined.

Pooja February 26, 2023 - 10:05 am

Everybody goes through the money crisis at some point in life. And through my experience the best way to live to its full potential is to keep needs at high priority and wants at the least

Fransic verso February 27, 2023 - 12:07 am

Thank you so much for reading and sharing what you think about this and your experience.

Lindsey February 26, 2023 - 10:32 am

Lots of sound advice here! Financial planning is key! Thank you for sharing!

Fransic verso February 27, 2023 - 12:06 am

I appreciate you reading and sharing your thoughts about it.

Drew Alexander Ross February 26, 2023 - 11:46 am

Great breakdown on an important topic. Tracking your spending was a huge step for me in my finances. Thanks for sharing :)

Fransic verso February 27, 2023 - 12:06 am

Thank you for reading and sharing your feedback about this.

Coffee money February 26, 2023 - 12:15 pm

It is definitely possible to sort your money problems as long as you recognize them and take action such as starting a side hustle and investing your money wisely.

Fransic verso February 27, 2023 - 12:05 am

Yeah, it’s possible and important to do it. Thank you for reading!

AC February 26, 2023 - 2:08 pm

I liked your point about thinking about what causes you to lose money. It’s hard to save money if you don’t know where it’s all going. Good food for thought!

Fransic verso February 27, 2023 - 12:05 am

Thank you for reading and sharing your thoughts!

Heather Cunningham February 26, 2023 - 4:04 pm

Interesting and relevant article. I think we could all do with re-reading this from time to time to remind ourselves what to do! I particularly like the finance tracking app – that will really help me stay on track! Whilst I feel I’m quite good with money, I am often surprised how ‘not good’ I am with it when we get to the end of the month..

Fransic verso February 27, 2023 - 12:05 am

That’s great, it’s good to remind yourself about it. Thank you for reading and commenting!

Mayra February 26, 2023 - 9:09 pm

These are useful tips with actionable steps. I think one of the most important that you mention is to track your spending, to the last penny as it’s the only way you can see your spending patterns and identify where you can save.
Nowadays investing can be so tricky with such a volatile market. We must do a lot of research.

Fransic verso February 27, 2023 - 12:04 am

Thank you so much for your lovely feedback about this. I appreciate you taking the time to read it.

Lisa February 26, 2023 - 11:06 pm

This has come at a very relevant time for me and is a topic I am focusing on this year. I am investigating ways to make money from different sources for security. Thanks for sharing!

Fransic verso February 27, 2023 - 12:04 am

That’s awesome, glad to know that. Thank you for reading!

Pedja February 27, 2023 - 3:04 am

Very informative article with some good tips on how to resolve your money crises. Thanks for sharing.

Fransic verso March 2, 2023 - 4:10 am

Thank you so much! I’m glad you find it informative!

Debbie February 27, 2023 - 5:48 am

Being accountable for spending and money is key. You really share alot of very helpful tips on keeping track of money and ways to include increased earning.

Fransic verso March 2, 2023 - 4:10 am

When we need to be accountable for our finance. Thank you for reading!

Angela Ricardo Bethea February 27, 2023 - 8:12 am

Working on my finance this year, especially with 2 kids and being a stay-at-home mom. Definitely need to budget and plan everything. I love to keep track of everything so I know when and where my money goes.

Fransic verso March 2, 2023 - 4:09 am

Thank you so much and I appreciate you commenting!

Affiliate income life February 27, 2023 - 8:36 am

love the ideas

Fransic verso March 2, 2023 - 4:08 am

Thank you so much!

Olga February 27, 2023 - 12:14 pm

I guess Im bad with finances. I have lived 7 years in the USA, and all stocks, pension, etc. are still so confusing for me. I think I need to pay more attention to financial education now.

Fransic verso March 2, 2023 - 4:06 am

Haha, trust me, we are not so good with it too.

Rosey February 27, 2023 - 4:31 pm

I don’t make enough money. Period. I’m looking to change jobs but it’s tricky for numerous reasons.

Fransic verso March 2, 2023 - 4:03 am

Ahh, I see. Hopefully, you get the chance to change jobs.

Angie Rose February 27, 2023 - 5:19 pm

I completely agree that you need the right mindset when trying to solve your money problems. It can feel so complicated and very stressful. Your breakdown is very helpful! Thanks for sharing these tips!

Fransic verso March 2, 2023 - 4:02 am

Thank you, I’m glad you agree with me. I appreciate you reading!

Marky Ramone Go February 27, 2023 - 5:39 pm

I put mine on an excel sheet but your suggestion to use a financial app sounds better.

Fransic verso March 2, 2023 - 4:02 am

Well, that’s a good way of doing it. Thank you for reading!

True Self Growth February 28, 2023 - 12:57 am

These all are really useful tips. Specially investing and planning carefully. Much important point among all these.

Fransic verso March 2, 2023 - 3:58 am

Thank you for sharing what you think of this post.

Sonia Seivwright February 28, 2023 - 1:17 am

Once I finish college, it will be time to focus on my finances. At this point in my life, it’s Budgeting and investing time. Thank you for this. I have been investigating ways to increase funds.

Fransic verso March 2, 2023 - 3:57 am

I see, that’s awesome. Thank you for reading and sharing your experience.

Vybav February 28, 2023 - 6:19 am

I really liked this perspective on solving financial problems. I’m going to try using the tracking app. And I am bookmarking this post so you I can come back here from time to time.

Fransic verso March 2, 2023 - 3:55 am

Thank you so much for reading and sharing your lovely feedback with us.

Lani February 28, 2023 - 11:18 pm

I agree, we need to face our weaknesses and for a lot of people- that’s handling finances. Understanding why we handle our money the way we do is important as well as looking for ways to make money.

Fransic verso March 2, 2023 - 3:51 am

Thank you for reading and sharing your feedback. It’s important we know how to handle it.

khoingn | The Broad Life March 1, 2023 - 12:59 am

I always plan ahead when talking about finance. It’s great to always get more knowledge about this field to improve myself.

Fransic verso March 2, 2023 - 3:50 am

That’s awesome, good to plan ahead. Thank you for reading!

Roxyflown March 4, 2023 - 7:57 pm

The author explains the concept of the “money problem” well and offers some valuable insights into how people can overcome this issue.

Fransic verso March 5, 2023 - 12:35 am

Thank you for reading and commenting!


Leave a Comment

Adblock Detected

Please support us by disabling your AdBlocker extension from your browsers for our website.