So you’ve been working your behind off and finally managed to save up a little cash. Now what?
While it feels great to see $1,000 in your bank account, you shouldn’t just let it sit there.
Here are six ways to make your cash grow and crush your financial goals.
1. Invest like a millionaire (even if you’re not one yet)
The world’s wealthiest all own big chunks of successful companies. But you need a lot more than $1,000 to get started, right?
In reality, you need a lot less. The investing app Acorns lets you buy fractions of shares with your spare change. That means you can own a stake in big firms like Apple or Google without having to pay hundreds or thousands for a full share.
Simply link your account to your debit or credit card, and Acorns will round up your day-to-day purchases to the nearest dollar and invest that change in a premade portfolio of your choice.
If you sign up now, you’ll get an extra $10 added to your account when you make your first investment.