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.
If you look at the rankings of the world’s richest people, they almost all have something in common. The world’s wealthy own companies. And now owning a company is something you can do, too… for the price of a fancy coffee.
Publicly traded companies allow people to own a portion- or share- of the company by issuing stocks. But hot companies have stock prices into the hundreds or even thousands, leaving many to believe there’s no way for them to join in the game. But thankfully, you can invest like a Rockefeller and own a piece of these big companies for as little as $1.
Today, people turn to Stash to quickly and easily buy shares– or even partial shares- of other companies. It only takes a few minutes to set up and when these other companies profit, so do you! These companies will send you a check each quarter with your share of the profits- called a dividend.
Set up your account now, and Stash will put an extra $5 in the account once you make a deposit.
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.
Leave Your Family $1 Million Dollars
You don’t have to have a trust fund to leave your family a million dollars after you’re gone.
For less than $.30 a day, 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.
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.
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 companies twice (yes, twice!) a year. But since a year insurance companies take a lot of factors into play when evaluating coverage costs, it can really pay to shop around. 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.
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.