You did it. You worked hard and saved up, and now you have a bank account balance that proves it.
Even though you’re feeling good about the money you’ve saved, you know you need to do more to really get ahead.
But where to start? Real estate? The stock market? Something else? We’ve rounded up 6 of the best ways to invest, save, and earn like the wealthy.
Own a piece of companies like Google, Facebook, or Amazon for just $5. Seriously.
Since most of us are unlikely to start the next Salesforce or Oracle, buying stock in companies is a great path to start building wealth.
Well-known companies like Tesla, Airbnb, and Netflix can have sky-high stock prices, so being able to invest in a fractional share of these types of stocks makes it accessible to start investing with an app called Stash1.
It only takes a few minutes to set up and when these other companies profit, so can you thanks to dividends!2
5 million people trust Stash.3 Set up your account now, and they’ll put an extra $5 into your personal portfolio once you make a deposit of at least $5*.
Related: The Top 7 Banking and Investment Apps You Need to Know
Leave Your Family $1.5 Million Dollars
You don’t have to have a trust fund to leave your family a million and a half dollars after you’re gone.
For just $16/mo, you can feel good in knowing your family would have money for college, the mortgage, and other bills if something were to happen to you. If you’re under 59 you can get a free, quick quote without a medical exam with a company called Bestow.
Sure, life insurance isn’t the most fun thing to think about, but preparing for the future- without leaving home- and leaving your family seven figures sounds like a win to us.
Cancel Your Car Insurance
Car insurance is like taxes- too expensive, but a fact of life. Right? Wrong.
Most people don’t think about it, but experts recommend shopping for car insurance twice (yes, twice!) a year. But since most of us don’t have the time- or patience!- to shop for car insurance every six months, many people turn to Gabi.
Gabi compares the coverage and plans of more than 100 companies to save you hundreds of dollars per year. The best part: no forms to fill out, and it’s totally free. Just link your current policy and see how much you can save.
Find a better plan? Gabi will help you switch to the new insurer, cancel your old policy, and even get you a refund from your current provider.
Make Hundreds of Dollars a Month Watching TV and Playing Games
If getting paid to sit on your couch and watch videos or play games sounds like a dream, then we have good news for you. With InboxDollars, you can set up a free account and begin making money for doing things you already do for free.
Partners like Netflix, Walmart, and Target.com are looking for consumer input, and you can get paid for hanging out on your couch and watching videos or playing games.
The sign up process is super quick, and then you can begin watching clips, answering questions, and making money.
Sound too good to be true? It’s real- the company has a four-star rating from TrustPilot, and has paid people like you over $59 million already.
Buy (Part of) an Apartment Building or Two (Even If You’re Not a Millionaire)
Many know investing in real estate is how many of the rich and powerful got to be rich and powerful. But what if you’re not a millionaire with tons of extra money laying around?
Owning real estate as an investment is no longer just for the wealthy. For as little as $500, you too can own part of an apartment building, with a company called DiversyFund. By investing in the buildings and complexes they own, you too can share in things like rent payments and property appreciation- without the hassle of being a landlord.
Real estate has the potential to earn you more money than other investments, and these pros know what they’re doing, as they’ve historically seen returns of 17-18% (vs 7-8% with stocks).
Impress your friends and buy your first apartment building today. All it takes to get started is a few minutes and $500.
Finally… a company that’ll pay off your credit card bill
So you’ve finally saved up some some serious coin, but your credit card still carries a balance. Credit card companies are notorious for sky-high interest rates that can make it feel impossible to get out from under a mountain of debt. But we found a company that will pay off your entire credit card bill this month.
If you owe $50,000 or less, Fiona can help connect you with a low-interest loan to pay off all of the high-interest credit card debt, and replace it with one simple payment per month. And since personal loans have lower interest rates than credit cards, you’ll get out of debt that much faster.
Do yourself a favor and check to see if you’ll be getting out of high-interest credit card debt this month.
Wealth Circus is a paid affiliate/partner of Stash. Investment advisory services offered by Stash Investments LLC, an SEC registered investment adviser.
*Offer is subject to Promotion Terms and Conditions. To be eligible to participate in this Promotion and receive the bonus, you must complete the following steps: (i) click through the link above, (ii) successfully open a Stash Invest Account (otherwise known as your personal portfolio) in good standing, (iii) link a funding account (e.g. an external bank account) to your new Stash Invest Account, AND (iv) initiate and complete a deposit of at least five dollars ($5.00) into your Stash Invest Account.
1This material is not intended as investment advice and is not meant to suggest that any securities are suitable investments for any particular investor. Investment advice is only provided to Stash customers. All investments are subject to risk and may lose value. All product and company names are trademarks ™ or registered ® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.
2Remember, not all stocks pay out dividends. And there’s no guarantee any stock will pay dividends in a quarter or year.
3This is not an endorsement or a statement of satisfaction by any Stash client and is defined by the number of clients who have e-signed.
