Uncertainty looms large right now. Financial markets are experiencing some very sharp bouts of volatility, and geopolitical tensions are rising. Regular people are feeling the heat, too, for example, via soaring utility and food prices.

Not a pretty picture, is it?

So, what can you do about it? How can you protect yourself? What investments are appropriate in this situation? What do you need to be on the lookout for? To assist you in answering these questions, I have selected four strategies for growing your money.

1. Start Your Own Blog:

In my view, technology has surpassed all other investment opportunities. This makes the internet a great investment opportunity for everyone. You don’t need much money to get started. With just a few hundred dollars, you can start a blog and start earning money with Google Adsense, ClickBank, Marketing & more.

Therefore, I recommend that you focused on your blog 100% in 2020. If you haven’t already started, choose a reliable website hosting, install WordPress, choose your niche and start writing immediately. Your first step today will take you closer to financial prosperity.

2. Invest Smartly:

Investment decisions are all about risk management. However, in my experience, most investors fail to identify, understand and manage risks. If you want to win against the markets, you need to stay informed and be on the lookout for market risks. Understanding the true nature of risk will boost your investment returns. Take advantage of volatility in the markets to “buy low, sell high” and apply the principles of value investing.

Reading macroeconomic news is only an entry-level way to spot market risks, though. Indeed, I recommend you consider learning to analyze the fundamentals, identify investment opportunities and make big profits in the future.

3. Say No to Debt:

There is a time and place for debt. Your home, for example, is the perfect place for debt. The reason for that is mortgages are tax-deductible and a great opportunity to build equity. However, right now, you can afford to do what the experts recommend and stay out of debt.

The experts say that it is always a good time for you to save money, eliminate all forms of debt and start investing in the markets. Therefore, set up a system in the coming year to spend less, pay down debt and invest instead. And, don’t be afraid to take a vacation from the sites and apps every once in a while, to avoid the need to take on new debt and to reduce your reliance on debt.

4. Invest in Yourself:

Most people talk about investing in businesses, stocks and real estate. However, I think that investing in yourself is both the most productive and the most fulfilling way to spend your money in the year 2020.

You need to understand that investing in yourself is more important than investing in others. There are lots of ways to do this, including:

  1.   Learning about personal finance
  2.   Taking a financial course
  3.   Attending professional training courses
  4.   Buying books, listening to podcasts and reading blogs about personal finance

Your ultimate goal should be self-development. As you develop, you will acquire new knowledge, skills, and abilities which will benefit you throughout your career. What’s more, you will make a positive impact on the world and on those around you.


The year 2021 will present the world with a number of challenges, including economic and political uncertainty. As a result, many people are afraid of the potential outcomes of these trends. However, these challenges also present you with opportunities. You can take advantage of these opportunities and use them to create future success.