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Diversification And Ways To Grow Your Money Garden

A Guide To Diversification And Ways To Grow Your Money Garden 2023

Takeaways From 2022

2022 has been an eventful year, but it is ending with a promise of better things to come and making us more strong and more committed. 

Over the billions of doses of vaccines and counting, the stock market has set a new benchmark, and life slowly returning to normal. 

Nothing to say more about but all’s wells that end well and what we have lost will never be compensated. 

Now is the perfect time to review the learnings of the previous year and start with new self-affirmation, commitment, a positive belief system, and stay healthy. 

Here are the six learnings we have taken from 2022

1- Health is indeed wealth 

This year taught us the importance of good health like never before so get your shots, wear a mask, eat healthily, and exercise- in short, make your health a priority, and back it up with a reliable health insurance plan that covers yourself, your family and make your free from pressure so that you can give your best in your all part of life.

2- Patience has its rewards 

Your small and regular investment will make you financially free and plan your life to become competitive and powerful in terms of finance, relationship, academics, profession, and any part of life. 

Think for the long term, never be in hurry in your life, and give value to others for a happy and cheerful life. 

Incremental improvement, deliberate practices, positive attitudes, and working in a certain way will always produce good results in the long term perspective. 

3- Stay informed 

Be careful and proactive about your goals and keep acquiring inputs about your business. 

Keep yourself learning more about the stocks market, real estate market, passive income sources, digital currency, etc. 

Your knowledge, skills, information, and strategy count much in your financial planning and growing your money garden. 

4- Diversification is the key 

We have seen several ups and downs since the start of 2022 and the overall conclusion is this we have to be more diversified in terms of investment and profession. 

Invest in shares, bonds, equity, derivatives, real estate, Crypto, and your part-time business so that the flow of funds and risk of financial security can be reduced it is important to spread your investments across the different asset classes for a balanced portfolio. 

5- Be prudent 

Be serious about your outstanding credit card bills, personal loans, and home loans, and pay EMI on time so that your credit scores remain healthy and continue to get access to affordable loans. 

Let us keep these lesions in our minds as we step into 2023, with renewed hope and enthusiasm. 

6- Provision & reserved for emergency 

As we have seen how people lost their job because of the lockdown and stayed in their homes for a long time and their expenses keep going on but their income was not inflowed, so they sent their savings or borrowed from banks, friends, and family. 

We have the experience of saving money from our income and our tiny saving habits can give us a strong backup on bad days. 

A guide to diversification 

Diversification means having a variety and diversification in life and investment is required in this changing business environment and pandemic situation. 

You must have a variety of income sources like income from renting, stock and shares, affiliate marketing, and others. 

Diversification in income 

Now the world is much more volatile and prone to uncertainties, in such times, having a diversification of income sources, like more than one stream of income source, can provide income insurance, and make your life financially free. 

You must have three sources of income so that you keep building your assets and save more. 

Secondary income streams 

Active income 28

2nd part-time income / Affiliate marketing 

Side business 


Passive income 

Rental income 

Income from investments


Growing Your Money Garden 

Managing money is like maintaining a garden, it requires visualization, self-affirmation, concentration, focus, passion, sustained efforts, a positive belief system, and commitment to creating a perfect garden of wealth. Let’s see how a garden can teach us about managing money. 


When we decide to plant flowers and plants in our garden, the first step is to select the type of plants to grow in our garden basis on requirements like herbs, vegetables for the kitchen, or flowers, similarly, we plan our investment portfolio keeping in mind financial goals.  

Our planning is everything and what we achieved in life depends on our planning so well plan your every step to get targeted results. 


In this process of gardening, we cut off the dead branches of plants to promote new growth and in the same way, a portfolio should be rebalanced so that capital is directed to investments that can fulfill its own financial goals. 


Protecting is another process in gardening, in this process, we use organic pesticides and plastic sheets to protect our garden from pests and heavy rain, in similar ways we must keep protecting our hard earn money with adequate insurance so that any unforeseen expenses like hospitalization or car repairs, do not take a chunk out of our savings.  


We now have sprinklers or drip irrigators that water plants automatically as per a set schedule. Same way auto-debits and standing instructions from the bank account towards investments ensure systematic savings and payment without missing any turn. 


Planting sun-loving as well as shade-loving plants, trees as well as creepers, makes optimum use of the garden’s space and the variety makes a garden beautiful. In some ways, investments in varying liquidity and tenures make up an optimal and healthy portfolio. 

Staying patient 

A flourishing garden is a result of patience and some patience can work wonders in investments, as well as the power of compounding, which works its magic. 

Seeking expertise 

An experienced and trained gardener can help a garden flourish and in similar ways, a financial expert can help our finances thrive so that you can achieve your profit goals. 

Expert services can be costly and you can make your research and tracking methods that can help you in your investment process. 

Read Good Books 

In this new year, do a promise to yourself to keep building a habit to read good books that can give you learning, and knowledge and motivate you to achieve more and plan your dream in the best possible ways. 

You can read books on personal finance, self-development, autobiography, success stories, etc online or offline. 

Wrapping Up 

We must focus on planning with a positive belief system and self-affirmation so that we can achieve our financial goals. 

What we have seen and experienced in 2023 is that all are learning so that we can be more efficient, well-equipped, and well-planned to overcome these difficulties. 

We should follow all the processes that grow our money garden give us financial freedom and make our life cheerful and happy. 

Make your small efforts to achieve your goals and our penny habits and incremental improvement can create a big difference so start today.