Happy October! Can you believe we’re in the last quarter of the year? (I’m still in denial: how is summer over already?) This year is moving quickly but, fortunately, we still have time to set ourselves up for success before we welcome 2024.

While I don’t believe in waiting until tomorrow (or in this case, waiting until 2024) to make drastic changes, I do think that it’s wise to build momentum before committing to major uplevels. And this last quarter of 2023 is perfect for building momentum that will help you start 2024 on a strong note!

Here are three little things you can do now, to build momentum for a prosperous 2024. These changes may not turn your whole world upside down, but little steps can absolutely put you on the path to financial security and abundant living. I’m doing each thing mentioned in this post, and I’d love for you to join me on this journey.

Cancel one subscription or membership – Look carefully at your last 3-6 months of banking and credit card statements, and figure out which subscription, membership, or recurring payment is least important or minimally impactful. That’s the one to cancel, and even better if you can cancel a few of them. It’s always easiest to start with the ones that you’ve been meaning to eliminate but just keep forgetting. Even if it’s a small amount (perhaps $2-3 a month spent on an electronic game, or a few dollars for food delivery), try canceling it, then immediately designating that amount to go to a high yield savings account (HYSA) each month. If it’s a small amount, you probably won’t notice the savings as they build up, but believe me, those savings will grow over time, and you’ll be very glad you stopped spending your money on something that you really didn’t want or need.

A couple of months ago, I canceled a Patreon membership to a content creator who hadn’t generated any Patreon-specific content in more than 4 months. I earmarked that $6 to go to my HYSA. This savings will yield a whopping $72 annually, but it’s not about the amount, per se: the important part of this exercise is the ENERGY I embody when I direct my resources exclusively to things that bring value to me. At the beginning of this month, I canceled a subscription that cost me roughly $80 per month. Yes, the items I received from that subscription had value, but it was one of the least impactful investments I make during any given month. I’ll be canceling a bimonthly service by the middle of this month. Between these two cancellations, I estimate I will save about $135 a month. I will have to pay a cancellation fee for the service I’m eliminating mid-month ($161) but the savings I will enjoy over the next two months will more than make up for the upfront elimination costs.

Vow to go one week (or more!) without takeout or nights out – As a person that adores GrubHub, UberEats, and any other service that takes the thought process out of dinner preparation, this isn’t my favorite way to save money. However, I have a freezer full of food that I can prepare, and there’s no good reason for me to order takeout when I have downtime, adequate supplies, and some energy. So, right before I wrote this post, I started doing some prep: outlining some of the frozen, fresh and canned food I had, and using ChatGPT to whip up some recipes (AI is your friend!)

Perhaps you have someone in your home that handles all of the food decisions, or maybe you don’t order takeout. Look at anything you purchase weekly or monthly, and see if you can skip it. Think of beauty products, junk/snack food, alcoholic beverages when you go out, etc.,. I have some travel planned for the end of the month, so avoiding takeout for the entire month isn’t realistic. That’s why I’m doing my prep now, and committing to one week (maybe two weeks, if I can be disciplined) without food delivery.

Read 1 book that will increase your financial knowledge – This is such a simple thing, but learning more about how to handle your money can do wonders for bringing more money into your world. If you’re not used to reading financial books, don’t go for complicated texts. Try a book that isn’t too long, and serves as a good introduction to basic financial concepts. Rich Dad Poor Dad by Robert Kiyosaki, Saving on a Shoestring by Barbara O’Neill, or Earn What You Deserve by Jerrold Mundis are all great places to start. You get bonus points if you choose to borrow the book from the library instead of purchasing it!

But, perhaps you already read these kinds of books (I know I do!). In that case, an unorthodox self improvement book is a good choice. It will indirectly support your financial mindset, because how you do anything is how you do everything. I’m re-reading “How To Really Be Rich” (a 4-part workshop transcribed into a set of booklets) by Jeannette Maw, as well as reading, for the first time, Filthy Rich Woman by Dr. Portia Fulford (I’ll be reviewing it in an upcoming post). Both of these are basically workbooks that have exercises to improve your money mentality, but since I know I’ll have some additional downtime, I’ll also be reading A Glorious Freedom: Older Women Leading Extraordinary Lives by Lisa Congdon. I figure those inspirational stories will feed my soul in innumerable ways.

**********

These three simple tips can help you build momentum as you invite more money into your life right now, and in the future! What are some things you’re doing to welcome the wealth? I’d love to hear your comments below!