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Smart things your richer friends do in January

Money-savvy tips to boost your new year finances
They set financial goals and stick to them
They budget like crazy
They download the best finance apps
They look for new revenue streams
They meet with their financial adviser or accountant
They cut up their extra credit and store cards
They return or list unwanted Christmas gifts on eBay...
… or swap them for things they actually want
They hit the sales with caution
They always calculate the cost-per-use ratio
They never miss a bargain
They always check for discount codes and vouchers
They indulge in the art of haggling
They buy in bulk
They negotiate a pay rise
They resolve to save and/or invest at least 15% of their income
They make sure their emergency cash fund is topped up
They aren't afraid to make new year money sacrifices
They only earmark money they're prepared to lose for high-risk investments
They boost their investment know-how
They switch energy suppliers
They plan their food shopping
They cut down on takeaways
They use cashback websites
They perfect their DIY skills
They refinance their loans
They avoid going overdrawn
They get rid of memberships they rarely use
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Joyseulay/Shutterstock

Money-savvy tips to boost your new year finances

Ever wondered why your wealthier friends always seem to have so much spare cash? Chances are they're super-careful with their finances. After all, nobody ever got rich by being a spendthrift.

With this in mind, read on to discover 28 smart things money-savvy people do in January.

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lovemoney staff

02 January 2025

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