9 Personal Finance Bloggers Answer “What Is the Best Financial Advice You Have Ever Received?”


This month, I asked 8 personal finance bloggers one big question (and shared my own response):

“What is the best financial advice you’ve ever received?”

Whether you’re new to your personal finance journey or you’re on the road to financial independence, their responses are a must-read!

My Best Advice? Your Money Should Make You Money

Growing up, I thought of money as dollars saved in my checking and savings accounts. One day, someone told me “your money should be making money”- and it blew my mind. From there, I started comparing interest rates on my savings accounts, learning about index funds, comparing expense ratios on my investments, and calculate whether I’ll make more money investing or paying off debt.

Save AND Invest

“I learned pretty early in life to save. I remember enjoying trips to the bank to deposit my allowance. But what I really needed to hear – and it wasn’t until I was a young adult that I learned this – is that I need to not just save but also invest! I stick to basic index funds, so it’s nothing complicated, but taking advantage of compound interest is key.”
Olivia Hall from Happy in the Hollow

At Happy in the Hollow, Olivia provides inspiration and practical ideas for an intentional, sustainable, affordable, and simply happy life.

Max Out Your Roth IRA

“Maxing out your Roth IRA as soon as possible every year is by far the best way you can grow your money. Roth IRAs are a tax-advantaged account so you’ll be able to withdraw whatever you invest in your 20s when you retire, completely tax free!”
Chloe from Off Hour Hustle

Chloe is a personal finance and side hustle blogger at offhourhustle.com. With her blog, she writes to show others how you can earn more money aside from your 9-5 and grow it to achieve financial freedom.

Save Before You Buy

“Save before you buy! My mum early on instilled in me how unsatisfying it is to keep paying for something long after it stops being new and shiny.”
Hanna from the Habitista

Hanna is the creator and main author of The Habitista website. Her passion is to promote healthy financial habits, to empower women to live their best lives.

Just Do Your Best

“The best financial advice I’ve ever received is ‘just do your best.’ Growing up on a cattle & sheep ranch, my family didn’t have a lot of money, but my parents got creative about saving for their 4 children. We were each given a heifer (a young cow) & were allowed to keep or sell the calves she would eventually have. That small cattle herd was the downpayment on my first home, since I also had a college scholarship, thanks to my parents just doing their best.”
RaLea Harbrige from Balanced Fi

RaLea is the mom of 2 behind Balanced FI, a family finance resource focused on debt freedom, saving money, and financial security. Her daughter’s medical situation & the crazy costs inspired her to help others make real-world smart money moves.

Stick with Things Long-Term

When I first started as a financial advisor, an advisor who was in his late 60’s said, “Jerry, keep your first wife, drive your car for at least 15 years, stay in the same house and save 10% of your money.”
Jerry Godinho from Four Columns of a Balanced Life

Jerry is the creator of Four Columns of a Balanced Life. His goal and motivation with this blog are to empower women to live a balanced life in the 21st century. This is achieved by focusing on the four columns of a balanced life – Food, Family, Finances and Faith.

Think About The Big Picture of Budgeting

“My best financial advice came from Ramit Sethi: Budgeting is not just for saving money. Budgeting enables you to spend money on what you want.”
Shanthi Reddy from ByShanthiReddy

Byshanthireddy helps millennials to earn and save money by being productive.

Don’t Work for Money – Make Your Money Work for You

“I attended a free property and business event a couple of years ago and learned about passive income and the importance of making money work for you instead of you working for money. This had a massive impact on my money mindset and helped me to start my journey towards financial freedom.”
Roosa Laakkonen from Money Marshmallow

Roosa is the founder of Money Marshmallow blog that aims to promote financial literacy by discussing all things money that school didn’t teach you. She is providing tips and practical hacks on making money, saving, investing and smart spending.

Find the Root of Your Money Problems

“My best advice was from Suze Orman: ‘The only way you will ever permanently take control of your financial life is to dig deep and fix the root problem.’”
Charity from My Worthy Penny

Charity is the blogger behind My Worthy Penny where she helps millennial women take control of their finances through better money management so that they can pursue their passion.


What is the best financial advice you’ve ever received? Did you enjoy learning from other personal finance bloggers? What is one question that you would love to ask a personal finance blogger?

Share your answers in the comments! 



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