Start With a Little Money and Make it Grow

Whether you subscribe to financial experts or you pay attention to others that have the advice of what to do with your money, there are options.

If you’re like most people, moving from having to live paycheck to paycheck to know that you have as much as $1,000 that’s truly saved up and not meant for anything specific can feel like a huge step forward.

What Should You Do With Your Money?

When you have money left after you pay your bills, you want to make sure you save that money for something that will help you in the future. While this is somewhat of a backward statement, not many of us are capable of paying ourselves first when we receive our bi-weekly paycheck. If you do have the financial discipline to pay yourself first and save money, you can still benefit from the advice that follows.

Make Your Savings Grow with the Right Card

Did you know that some debit card will actually pay you when you use them? Some will pay you much more than others and make iteasy for you to add to your savings when you spend money. One such car is the Aspiration card which gives you up to ten percent back when you make a purchase with this card.

Invest in the Future with a Stock Purchase

Can you purchase a piece of Amazon, Google, Tesla, or Apple? You can if you find the right app that allows you to buy part of a stock rather than buying an entire stock. If you were to buy a full share of Tesla, your $1,000 wouldn’t have much left of it, but you can invest as little as $1.00 in the most popular stocks with the use of the Stash app.

Follow the Advice of Samuel L. Jackson

One of the most recognizable faces in entertainment is Samuel L. Jackson. While he has had to curb his famous line for the Capital One commercials, if you follow the adviceto have the Capital One Shopping app downloaded,you’ll never overpay for the things you purchase ever again. This app alerts you and helps you find the best prices for the items you’re looking for, giving you more savings in the end.

Your Car Insurance Rates Could be Lowered

When was the last time you reviewed car insurance rates? Have you shopped around recently or have you had the same insurance company for many years? Are you receiving a discount for being a loyal customer or are you paying for services you don’t need? These are questions you need to ask yourself and see where you can save money on the car insurance that you pay for every year.

Set Your Family Up for Security with Just a Little Bit of Money

If you meet an untimely demise, you want to ensure your loved ones will have the financial security they need to survive when you’re gone. If you’re the sole earner in your household, this is extremely important. Find the right life insurance policy and leave your family enough to survive for a long time. You can find affordable policies and offer this peace of mind to your loved ones.

You Can Invest Your Money in Real Estate

There’s no way you can feel like $1,000 is a true investment in the real estate market, but the fact is, there’s a way to do it. You don’t have to try and buy a house that borders on being condemned only to spend a lot of money to build it up, you can use DiversyFund and they will invest for you. They can start with as little as $500 and get you going with a commercial real estate investment.

Savings Bonds Are Still a Good Option

Not as popular as they once were, savings bonds are a great way to invest some money that will grow over a period of time. You can double your money after the time has passed by buying some of these bonds and holding onto them. If you’re unsure about some of the other investment options that you see, this could be the most secure way to see your money grow.

Put Your Money Where You are Comfortable

Having as little as $1,000 that isn’t marked for an emergency, a bill, or for a specific purchase can be a great way to get started saving and investing for the future. You can use this money to make your future a bit brighter, figure out how you want to make this happen.