Over sixty percent of Americans were living paycheck to paycheck in 2020. If you’re trying to get out of that cycle, you might be looking for more ways to make money.

If so, you might be looking to capitalize on upcoming finance trends. What options are there for you?

Read on for the top 2023 finance trends.

Sustainability Investing

Sustainability investing, also known as ESG (Environmental, Social, and Governance) investing, is a growing trend in finance. It involves investing in companies that demonstrate strong environmental, social, and governance practices. It also supports companies committed to addressing the challenges of sustainability.

This financial trend has gained momentum in recent years. More investors become aware of the opportunities that come with environmental and social issues.

Join Our Small Business Community

Get the latest news, resources and tips to help you and your small business succeed.

Many investors now believe these companies are more likely to perform well in the long run, and are therefore worth investing in.

In response, many asset managers and financial institutions are now offering sustainable investing products. These products allow investors to invest in companies that align with their values. That way, they’re contributing to a more sustainable future.

Digital Currency

The use of digital currencies, like Ethereum or Bitcoin, continues to gain popularity.

As digital currency technology and infrastructure improves, it’s likely that more money management professionals will start to adopt them.

If you’re interested in cryptocurrency, you might want to look into Byte Federal ATMs. You’ll also want to keep an eye on the latest cryptocurrency news.

Personal Finance Apps

Personal finance apps are becoming more sophisticated. With the help of these apps, people can manage their finances and make informed decisions.

One of the biggest benefits of personal finance apps is automation. Many apps offer features that automatically track and categorize expenses. This make it easier for users to understand where their money is going.

Some apps also offer automatic savings plans. A set amount of money is automatically transferred from a user’s checking account to a savings account each month.

Personal finance apps are increasingly integrating with other financial tools. These include things like credit monitoring services and investment platforms.

Remote Work and Freelancing

The recent pandemic accelerated the trend of remote work. Many people are now opting for freelance work over traditional employment.

Freelance marketplaces have become increasingly popular. These platforms connect workers with people who need their services. This makes it easier to find work and get paid.

This trend is expected to continue in 2023. So, it’s important for individuals to understand the tax implications of freelance work.

They’ll need to learn how to manage their finances as independent contractors. Look into budgeting tips for those in this situation.

Another remote work challenge is that it often comes without benefits.

However, some companies are beginning to offer benefits to remote workers. And freelancers can purchase their own health insurance. Or, they can contribute to a self-employed retirement plan.

Finance Trends: Start Today

Clearly, there are a lot of up-and-coming finance trends this year.

Are you searching for more up-and-coming financial tips and tricks? We’ve got the info you need. Scroll through some of our other posts for help making more money and so much more.