How to make more money in 2023

Investing

Investing can be a great way to make more money in 2023. With the rise of technology, it’s gotten easier to diversify your investments and create a portfolio that can provide a steady stream of income. However, it is important to understand the risks that come with investing, and do your research on potential investments to ensure you make financially sound decisions.

Let’s take a look at the different investment options available in 2023:

Understand the stock market

When it comes to making money in the stock market, having a basic understanding of how it works is key. The stock market is essentially a place where investors buy and sell stocks, which are a type of security that represent a claim to the ownership of part of a company. They can be bought and sold through various exchanges, and their prices move based on the perceived value of the company they represent.

In order to make money in the stock market, you need to have some knowledge or research into different types of companies and stocks. By understanding how these companies generate profits, how they manage their finances, legal entities they deal with and other factors, investors can make better decisions about which stocks are worth buying and selling at certain times. Knowing when to enter into markets and when to take profits also helps increase chances for success in stock investing.

Diversifying one’s portfolio by investing in multiple assets like stocks within various industries as well as bonds is another way to decrease risk while gaining potential returns. Having an accurate assessment of the risk vs reward potential for each investment helps investors pick out promising investments that match their own strategies.

Monitoring stock markets regularly can help investors identify new opportunities or changes in existing investments that could bring higher returns by adjusting holdings accordingly.

Learn about different types of investments

There are a variety of investment options available for those seeking to make their money work for them, each with its own benefits and risks. Learning about the different types of investments will help you to determine which ones might be the most appropriate given your individual goals and financial circumstances. The following are just some of the possible investments:

• Stocks – Stocks are a type of equity investment that gives you partial ownership in an organization in exchange for money. When investing in stocks, it is important to understand the company you are investing in, as well as the associated risks and benefits.
• Bonds – Bonds are debt investments that typically offer a fixed interest rate over an established period of time, initially with principal repayments at maturity. These can be issued by companies or governments, but regardless of issuer bonds generally offer more stability than stocks but with somewhat lower returns.
• Mutual Funds – Mutual funds pool money from many investors and invest it into a variety of different securities, such as stocks and bonds. They provide professional management at relatively low cost, allowing small investors to gain access to markets and securities they may not otherwise have access to on their own. However, there may be high fees associated with some funds so it is important to read terms beforehand.
• ETFs (Exchange Traded Funds) – Exchange Traded Funds (ETFs) allow investors to quickly invest in an index fund or an industry sector without needing to pick individual stocks or bonds themselves. ETFs have also been popular due to low management fees when compared with traditional mutual funds while still offering diversification across sectors or categories.
• Real Estate Investments – Real estate investments can involve purchasing property directly or using vehicles such as Real Estate Investment Trusts (REITs), which give investors exposure without having the headaches associated with owning real estate directly – like property taxes etc.. Investing through real estate can yield greater returns than other forms of investments with often moderate amounts of risk given actual asset being purchased and length investment horizon remains firm etc…

Research the best stocks to buy

Researching the best stocks to buy requires taking the time to explore emerging markets, understand the latest industry trends, and analyze the performance of different stocks. It can be a complicated process, but with a bit of careful analysis you can find some strong contenders for your portfolio.

Look for stocks that have increased in value year on year and have a proven track record of success. Consider stocks from well-known companies that operate in multiple sectors. This will help diversify your portfolio should any one sector take a hit. Look for companies with an established presence in tech or financial services, as many of these sectors offer higher growth potential over time.

Also look for industries where customers’ needs are stable – such as healthcare and food production – as these fields are less vulnerable to external economic factors. Keep an eye out for newly released products that could become hot commodities due to customer interest or technological advances.

Finally, pay attention to dividend yields and other periodic distribution announcements that may influence your decision making when evaluating which stocks will give you the greatest return on investment over the long term. Monitor stock prices regularly and be prepared to take action swiftly when there is movement in either direction especially if it involves your preferred securities. Doing this type of research each year is key to making better investments in 2023 and beyond.

Consider diversifying your portfolio

When it comes to investing and reaching your financial goals, diversification is key. The goal of diversifying your portfolio is to minimize risk while still achieving a good return. That means spreading your investments over different asset classes and investing in stocks, bonds, real estate, cash, commodities and more.

When constructing your portfolio, think about which asset classes are best for the long-term goals you want to reach – such as buying a home or retirement savings. A wise strategy involves spreading the risks through all the different asset classes and maintaining a mix that’s appropriate. Consider investment styles (index funds, value investing or growth stocks) as well as geographic exposures (international or domestic). Building a portfolio with specific asset allocations can help you maximize gains by managing volatility.

Maintaining balance across various classes also helps to strengthen resilience when markets face short-term headwinds – like we saw in 2020 with lockdowns from COVID-19 – because specific assets may perform differently than others during those times. Keeping up with current events is essential when building out an intelligent portfolio for future success in 2023 and beyond.

Real Estate

Real estate can be a great way to make money for those who are willing to invest in it. In the past, real estate investors have achieved significant returns on their investments. With the right resources, knowledge and strategies, anyone can increase their income through real estate.

In this article, we will look into how investors can best take advantage of the opportunities available in the real estate market in 2023:

Research the local real estate market

In order to make money with real estate in 2023, it is important to research the local real estate market. Knowing the trends and changes that have happened throughout the year can help you develop an understanding of what areas are experiencing a higher demand, and thus potentially more profitable investments. To do this, you can consult various resources such as national and local publications, news articles, and real estate websites. Additionally, connecting with experienced real estate professionals in your area may help guide you towards advantageous investments.

Gathering information about current market rates and trends will help inform your decisions on where to invest. It’s also important to pay attention to developments within cities when it comes to housing infrastructure or infrastructure used for transportation; improvements in such areas could lead to further development in adjacent areas and thus desirable Houses for sale or rent in the near future.

With this knowledge of current trends as well as planned infrastructure developments around your potential investment opportunities, you will have a better understanding of where there is potential for great returns – both immediate and long-term – on your investments.

Consider investing in rental properties

Rental properties should provide a consistent stream of income by serving as a long-term investment. As the number of renters in the market is likely to increase, investors should consider investing in rental properties as they tend to perform well in times of crisis. Additionally, with an influx of people seeking to buy properties, there may be an opportunity for investors to purchase distressed properties and turn them into profitable investments.

When considering investing in rental properties, it’s important for potential investors to understand the nuances associated with owning such assets. This includes being aware of laws related to tenant rights and being prepared for unexpected costs. Additionally, managing rental properties can be difficult when dealing with tenants from different social and economic backgrounds as there is no “one size fits all” approach for managing them. With that said, landlords need to exhibit strong problem solving and leadership skills if they are looking to maximize their returns on investment.

In summary, investing in rental properties can be a good move if done correctly. Consider talking to other landlords or real estate professionals before diving into any contracts or transactions so one is educated on all risks that come with this type of property ownership and operation.

Consider investing in a vacation rental

The vacation rental market has been growing rapidly over the last few years and offers investors an exciting opportunity to grow their property portfolios and add an opportunity for additional income. With the strong growth of Airbnb, VRBO, HomeAway, and other short-term rental websites, investors have the potential to increase their profits by investing in vacation rentals.

Vacation rental investments can generate significant returns. If you are considering investing in a vacation home or rental property this year, here are a few things to consider:

• Research local markets: Vacation rentals tend to do better in areas that attract tourists. Research local markets and properties carefully before making any investments.
• Look for high occupancy rates: Look for properties that attract tourists on a regular basis, such as those that offer activities or attractions like ski resorts and beaches. Make sure the market can sustain your investment year-round by determining occupancy rates throughout the year.
• Have realistic expectations: Consider maintenance costs such as cleaning fees, utilities, insurance premiums, customer service costs and listing fees before deciding on an investment rate of return.
• Understand regulations: Different cities have different regulations regarding short-term rentals so make sure you understand all applicable laws before purchasing a property for this purpose.

Investing in vacation rentals can be lucrative if done properly but also carries inherent risks solely dependent on market performance and regulatory environment changes.

Consider investing in a fixer-upper

Fixer-upper properties, also known as rehabs, are ideal investments for those looking to maximize potential returns by investing in a property and naturally increasing its value through upgrades and renovations. Fixer-uppers can provide an opportunity to generate equity with money reserves or loan funding. This income is created by renovating a distressed home for resale or for renting to tenants.

Finding a fixer-upper does take some research, but it could be worth the time and effort. Start by reaching out to realtors in neighbourhoods where you’d like to invest or use search engine websites that list these types of properties, such as Zillow, Trulia and MLS (Multiple Listing Service). When you are researching potential fixer-upper investments, be sure to focus on local neighbourhoods or areas near desirable amenities. It’s important to research past sales records because this helps you determine any significant repairs needed before occupancy and how much it will likely cost you if performed by a professional.

Once you’ve identified a potential property, be sure to factor in closing costs when estimating all associated costs of the fixer-upper purchase plus repair and/or renovation fees – all costs should be factored into your budget before obtaining financing. Additionally, it’s important that you inspect the property thoroughly prior to making an offer; determine the types of repairs needed right away (as well as those in the future) so that there is no surprise when it’s time for improvements or general upkeep needs.

Lastly, seek reliable professional advice from real estate agents who specialize in rehabbing or have experience performing high-level renovations on properties similar them yours – this advice can save both time and money by providing essential tips about which upgrades add value in certain markets.

Side Hustles

With the rising cost of living, having an additional source of income can be greatly beneficial. Fortunately, with the internet and the variety of online platforms available, it doesn’t have to be difficult to find a side hustle that can bring in some extra cash.

Here, we discuss some of the best side hustles for 2021:

Research different side hustles

With the emergence of more flexible and independent work opportunities, there are countless possibilities for generating extra income. Researching new side hustles can help you decide the best path forward to make more money in 2023.

Before jumping into a side hustle, it’s important to assess your personal capabilities and interests. Consider activities you already enjoy but could be monetized – for example, driving or home cookings. You can also begin researching gig economy apps such as Uber or TaskRabbit, where people list what work they want done and others bid on it.

In addition to considering current services that are available, do some research on upcoming trends such as e-commerce stores or vlogging. Weigh the pros and cons of setting up a business in these areas – will it take too much of your time? Will the company compensate you well enough to achieve your goals? Additionally, consider if you will need additional training before starting a side hustle – many local organizations offer grants to help offset upskilling costs.

Enlisting the support of friends or family can also be beneficial when researching possible side hustles in 2023 – do some networking and find out what other companies may be hiring year round basis or just seasonally within your region. Additionally, try reaching out to entrepreneurs on social media – ask successful ones about their journey in making extra income and always remember to read online reviews from people who have used similar services before!

With patience and good research skills, you should eventually find one or several lucrative side hustles that fit with both your interests and financial goals for the upcoming year!

Find ways to monetize your skills and knowledge

Finding ways to monetize your skills and knowledge can be a great way to make more money. There are a variety of methods to achieve this goal, including offering services, selling products, and taking advantage of the resources available on the internet. With a bit of creativity and hard work, you can use what you already know to create an additional stream of income.

Services: Selling your services is one of the most popular methods for earning extra money. Consider what skills you have that could be of value to clients. Examples include writing/editing, data entry/analysis, web design/coding, accounting/tax preparation, tutoring, consulting, and virtual assistant tasks. You can either advertise your services online through sites such as Craigslist or Upwork or find clients through referrals from friends and family.

Products: If you don’t want to sell your time doing services for others, consider making physical or digital products that have the potential to bring in extra income. This could be anything from handmade items you make at home like jewelry or crafts to digital products like eBooks and apps that require upfront development costs but have great long-term potential for earning income month after month once they are developed properly and marketed effectively.

Online Resources: The internet offers many opportunities for monetizing your skills and knowledge in unique ways; whether it’s teaching classes online via webinar platforms such as Zoom or developing an email list with content marketing via blog posts then monetizing that readership with affiliate relationships – there are literally thousands of different creative ways to monetize what you have built on the internet throughout 2023. Doing so will take some trial-and-error but there is massive potential in creating passive income streams through resources available on the internet today allowing anyone located anywhere with an internet connection access these options – no matter their background or service area expertise!

Consider freelancing or starting your own business

When it comes to side hustles, freelancing or starting your own business can be an excellent way to earn more money in 2023. Freelancing offers the flexibility to create additional income and hone valuable skills, while starting a business has the potential for greater financial rewards.

If you decide to freelance, there are many websites where you can market your services such as Upwork, Freelancer and Fiverr. It may take some time for you to build up your reputation on these sites and secure jobs, but with a little hard work and dedication you may soon find yourself with a profitable side hustle that gives you the extra cash flow you desire.

If you decide instead to start your own business, there are several factors that need to be taken into consideration before getting started. These include:

• Researching the market and customer base of potential customers.
• Creating a detailed business plan and budgeting.
• Familiarizing yourself with relevant laws regarding any necessary permits or licenses required in order to safely and legally operate the business.
• Some areas also require specific types of insurance or other forms of safety regulations that must be met in order for the business to operate legally.

Once all of these criteria have been met, then it is time to begin actively marketing and offering your product or service. With careful planning and promotion strategies in place, this side hustle could help expand financial security in 2023!

Research different passive income opportunities

Researching different passive income opportunities is a great place to start when looking for ways to make extra money. Passive income opportunities allow you to generate ongoing sources of income with relatively minimal effort required.

Some examples of passive income opportunities include investing, real estate, online business opportunities and publishing. While each type of passive income may require some upfront capital or research in order to get started, the reward can often be much greater than the initial effort.

• Investing can have a higher barrier to entry, but it also provides the possibility for much greater returns than other forms of passive income. Investing in stocks and mutual funds allows you to earn an annualized return on your investments that is often much higher than average market returns.
• Real estate investments are also considered a strong form of passive income due to the long-term returns from rental properties and other strategies like house flipping or fix-and-flip projects. Many people get started with real estate investing by taking advantage of financing options such as mortgages or home equity lines of credit (HELOCs). However, property investments typically require more research upfront in order to be successful in the long run since rental properties come with ongoing management concerns like tenant disputes and maintenance costs.
• Online business opportunities such as blogging and podcasting can be another successful form of generating additional revenue streams through passive streams such as advertising revenue earned through sponsored posts or affiliate marketing links added into content posts as well as audio advertisements within podcasts. While these methods may not immediately payoff unless new content is generated regularly with effective SEO optimization techniques in order for them to rank organically on search engine sites, these popular methods have shown the potential for longevity among their respective communities if done well.
• Publishing is another source of generating additional revenue streams due to its relative ease when compared against other forms listed previously. Publishing books online gives writers access to new audiences through online retailers such as Amazon’s Kindle store where readers may purchase books at various prices depending upon book topics where authors are then paid royalties based on certain milestones set within their contracts with publishers depending upon production costs incurred by said publishers when producing said book titles. Some authors choose self-publishing which eliminates royalties received but opens up opportunities for marketing their books directly via social media channels owned by said authors which helps them recoup any production costs incurred when producing their own titles while bypassing traditional publisher fees altogether yet still receiving profits from sales seen through book retailers instead due entirely on how they promote their own titles directly via said marketing efforts alone instead – an option currently made quite feasible through modern digital technology appearing today!

Saving and Budgeting

Saving and budgeting are two of the most fundamental steps to making more money. To start, you need to identify your financial goals and create a budget that reflects them. Once you have a budget in place, it’s important to stay disciplined and stick with it. This can help you save more money, build an emergency fund, and eventually reach your financial goals.

Let’s explore how you can get started with saving and budgeting for the long-term:

Create a budget and track your expenses

Creating a budget and tracking expenses will help you to understand your spending habits and give you the insight needed to make wiser financial choices. Sticking to a budget also enables you to save more money.

The first step in this process is to assess how much income is coming in and what goes out, on a weekly, monthly or even yearly basis. Making sure you set a realistic budget for yourself that covers all of your living expenses, can help you identify non-critical items that could potentially be sacrificed in order to save money.

With modern technology, we have access to an array of tools and applications that can assist with financial organization including tracking income and expenses as well as setting financial goals and budgets. These tools include personal accounting software, mobile apps and spreadsheets that allow users to track every dollar earned or spent in great detail either manually or automatically as it comes in.

The most important part of saving is identifying where your money is coming from each month – whether through saving, investments, stocks or other means – as this will allow you to better plan for the future. By tracking spending across the board – rent/mortgage payments, food costs, entertainment purchases – it’s much easier to figure out how much can be saved each month without sacrificing lifestyle quality. To stay organized from week-to-week or month-to-month when it comes time for budgeting purposes again helps keep on track with the savings plan!

Set up an emergency fund

An emergency fund is one of the most important steps when it comes to saving and budgeting your money. An emergency fund should be enough to cover three to six months of expenses and should include money for food, housing, utilities, transportation, and medical bills.

Having an emergency fund set aside helps you avoid debt that could accumulate if you were faced with an unexpected expense like a car repair or a medical bill. It also gives you peace of mind knowing that this money is there if needed, so you don’t have to worry about where it will come from in case of an emergency.

Starting an emergency fund can be intimidating if you don’t have a lot of savings or extra income so here are some tips for success:

• Start small. Set up automatic deposits into the account in the amount of whatever works for you – even as little as $5 per month can add up over time.
• Pay yourself first by putting 10% of each paycheck into your emergency fund before spending any other money.
• If possible put all windfalls (like tax refunds, birthday gifts etc.) into your emergency fund.
• Think twice before raiding your emergency fund as these should only be utilized out of necessity.

Having a nearly funded or full emergency fund by 2023 can give you more financial security and protection when unexpected situations arise. Take the time to create a plan (or stick with what already works) that allows you to regularly contribute funds towards it so your account can grow and thrive throughout the years!

Set up a retirement account

Creating a retirement account is the best way to start saving for the future. One way to set up a retirement account is by opening an Individual Retirement Arrangement (IRA). An IRA allows you to make contributions of up to $6,000 per year into your account and grow your money over time. Depending on which type of IRA you choose, any income earned on the funds in the account may be tax-deferred or tax-free.

Another option is to open a 401(k) plan with your employer. A 401(k) plan is a type of retirement savings account that allows you to invest your pre-tax contributions into mutual funds or exchange-traded funds (ETFs). Most employers offer matching contributions, so when you contribute money, they will match some or all of it with their own contribution. These plans usually include a vesting schedule, which means that as long as you stay employed with the company for a certain number of years, you will be able to keep any contributions made by them after leaving.

Retirement accounts can be complex and difficult to understand but taking the time to learn about them and create one for yourself can be beneficial in the long run – helping ensure that you have enough saved for later life.

Automate your savings

Automating your savings helps you develop a habit of saving regularly to reach your financial goals. Automating your savings means setting up a process to have money taken out of your account each month and deposited into a separate account that is dedicated solely to saving and investing. This removes the guesswork out of budgeting as you will already know how much money you can expect to save, as well as how long it will take to reach your desired goals.

Automated transfers may also be set up between accounts you already own, like a checking account and a savings account, or a retirement plan or investment account. Of course, the key benefit for automating your savings is that it takes diligence (and sometimes emotional) decisions out of the equation. Studies have shown that the simple act of making an automated transfer from one account to another can be more effective at improving financial behavior than other interventions.

When setting up an automated transfer for retirement planning or investing, consider working with a financial advisor who can help ensure that your funds are allocated appropriately in order to maximize returns on investment while still achieving adequate funds for day-to-day living costs. The advisor can also recommend different strategies for reaching long-term financial stability such as diversifying your portfolio across different asset classes like stocks, bonds and mutual funds.

With an automated system in place and some help from an experienced professional if needed, you are one step closer to achieving financial freedom and in turn reaching ever closer towards making more money in 2023!

Other Opportunities

Making more money in the coming years isn’t limited to just a couple of options. In this section, we’ll talk about other avenues that you can explore to earn more money in 2023.

From freelance opportunities and investment strategies to side hustles and monetizing hobbies, we’ll discuss why these can be viable options for earning more money.

Research different online money-making opportunities

In the year 2023, the competition in the online job market is more fierce than ever before. To make money online, you’ll need to be well-informed and savvy. Here are some of the top opportunities that you can take advantage of to make extra money in this environment:

1. Freelance Writing – This is an ideal opportunity for anyone with a flair for putting thoughts and feelings into words. Writers who provide excellent content can expect to be paid based on the number of words they write or the subject areas they specialize in.
2. Virtual Assistant – If you have organizational skills and can devote several hours a week, you can provide services like data entry, customer service support, or general administrative tasks from home as a virtual assistant.
3. Online Tutoring – With one-on-one personalized instruction becoming ever more popular, tutoring services provide an excellent opportunity for those with introductory or advanced knowledge in a particular subject matter to gain financial rewards for their expertise.
4. Data Entry – Almost any company needs help entering its data into spreadsheets or databases at times, so there are numerous opportunities for digitally-focused individuals who are adept at organization and inputting accurate information quickly and effectively from home or remotely.
5. Social Media Management – Businesses that lack proper time to manage their social media pages often hire professionals to post content regularly and answer inquiries promptly working remotely, making it a great way to earn extra income in 2023!

These are just five of many different ways that individuals with various different skillsets can make extra money online in 2023. Before embarking on an online business venture it’s important to research different platforms, practice due diligence about payment methods, learn about potential scams operating within certain sectors and remember to always practice safe browsing behavior!

Invest in cryptocurrencies

Investing in cryptocurrencies can be an incredibly lucrative activity. Despite the high risks associated with it, the potential rewards make it a popular choice for those looking to make more money in 2023. Cryptocurrencies are digital assets built on blockchain technology, allowing users to transact with each other without relying on a third party.

Most cryptocurrencies offer investors the opportunity to purchase coins, tokens, or shares of either one specific currency or a basket of them. Additionally, these digital assets can often be purchased from an exchange at market prices and held in a wallet for an indefinite period of time or transferred and traded between buyers and sellers on exchanges.

More recently, investors have begun trading derivatives (like options or futures) on some of the more popular cryptocurrencies. This offers a degree of flexibility beyond what is available when investing directly in cryptocurrency coins and tokens by enabling investors to bet on price movements without actually owning any underlying asset.

Investing in cryptocurrency can be both exciting and challenging due to its inherent risks – everything from government regulation, market volatility, hackers targeting wallets or exchanges and all others factors that could lead to losses should be considered before investing. With so many new options available to invest in cryptocurrencies, it’s important for prospective investors to do their research before committing their capital.

Consider starting a blog

If you’re looking for ways to make money in the coming year, consider starting your own blog. Blogging can be a great source of passive income, allowing you to make money from the readers who come to your site and from the advertisers who put ads on your homepage. Additionally, you can offer customized services through your blog such as creating special content for businesses or helping to promote products and services.

Creating a blog is relatively simple and does not cost too much upfront money. All you need is web hosting, a domain name and website software. With just those three components, you can begin writing content for your blog that attracts visitors and generates revenue from advertising or affiliate marketing programs.

Once your blog is up and running, remember to optimize it for search engines so that potential customers can easily find it when they are searching for content related to your topic. You should also join social media networks such as Facebook and Twitter in order to further expand reach into new audiences. Additionally, connecting with other bloggers in your niche market could help increase exposure of both blogs by promoting shared content between them.

By taking the time to start up a blog now, you could potentially see yourself making more money in 2023 than you ever thought possible!

Consider investing in a business

Investing in a business can be a great way to make more money, but should only be done after careful consideration. Before committing to any venture, it is important to know the risks involved and whether or not the business model has potential for success. One of the best ways you can determine this is to consult with a financial advisor who can provide sound investment advice and help you assess risk.

Other ways that you can research opportunities include:

• Understanding market trends
• Investigating competition
• Researching customer interest
• Experimenting with small projects that may have potential for larger operations
• Having an idea or solution in mind that you believe will solve a problem

There are also many online resources available such as industry journals, white papers, websites and blogs where you can gather a wealth of information about certain industries or products that may be helpful in your decision-making process.

Furthermore, it’s essential to understand what legal documents are required when setting up your business. This includes licensing agreements from local governments, trademarks and patents which protect intellectual property rights as well registering your business name with local authorities. Additionally, setting up contracts with vendors and partners is crucial in order to ensure clarity on both sides regarding expectations and responsibilities relating to the venture.

Lastly, taking part in conferences or events that relate to your industry such as trade shows or sector-specific exhibitions are highly beneficial in networking within your market space as well getting feedback from customers on products currently offered by competitors. Utilizing these strategies reduces risk while providing valuable insight which can then be used effectively when launching new businesses or leading existing businesses down a path of greater success in 2023 and beyond.

Frequently Asked Questions

Q: What are some great ways to make more money in 2023?
A: There are many great ways to make more money in 2023, such as starting a side hustle, investing in the stock market, freelancing, or creating an online business.

Q: What should I consider when trying to make more money?
A: You should consider how much time you can dedicate to making more money and any resources you may have available, such as any specialized skills or knowledge. Additionally, you should research different methods to make more money, such as investing in the stock market or starting a side hustle, to decide which one best suits your needs.

Q: What should I do if I’m not sure how to make more money?
A: If you’re not sure how to make more money, you should research different methods of making money, such as starting a side hustle or investing in the stock market. Additionally, you may want to speak to a financial advisor or a mentor to get advice on how to make more money in 2023.