Got an extra $1,000?

Here are a few ways to make that money work for you!

1. Invest in real estate with as little as $10

You don’t need thousands of dollars to invest in real estate. If you can’t afford to buy a property, you can still invest in real estate using a platform like Fundrise. With Fundrise you can get into high-quality real estate projects with a small investment amount.

2. Invest in Amazon, Apple or Tesla for just $1

Investing in a better future for you and your family is a great idea. But, taking the leap to start investing in the market can be a tough one. There’s a lot of information out there, and it can be hard to figure out where to start.

However, an investing app call Stash is working to change that. With Stash, it’s easy to get started investing in the stock market. In addition to an easy-to-use interface, Stash also allows you to buy fractional shares. You don’t need to have the money to buy an entire share of an expensive stock, but you can invest in a partial share with as little as $1.

3. One way to get extra $$ to invest

Would you rather invest your money for yourself or send it to an insurance company? Like shopping for your car insurance, you might also find hundreds a year to invest by looking for less expensive home insurance.

Tip: Consider increasing your deductible. The more you are willing to pay out of pocket, the more you’ll likely save.

4. Get more $$ to invest from you home

Take advantage of historically low interest rates, and refinance your mortgage!

Companies like Rocket Mortgage make the process quick and easy. Rocket Mortgage was rated highest in customer satisfaction by J .D. Power, and there are simple calculators on its site that can tell you exactly how much you’ll save by refinancing.



Excerpts taken from MoneyTalksNews

Image by StockSnap from Pixabay