by BLACK ENTERPRISE Editors
Day in and day out, we, as consumers, are constantly throwing our hard-earned money down the drain. Spending is a part of the American lifestyle, so why not get the most for our buck? Put down the credit card and start making some sound decisions when it comes to making your money work for you!
How to get started:
Start an online store
Yes, I know. Many of us look at online stores as gimmicky, cluttered with the same mass of stock apparel, and downright sketchy. However, drop-ship is a completely new ball game and takes the manual labor out of actually running a business by yourself.
Invest a little to set up the website, get quick samples to photograph (many already come with stock photos), upload, then have a third-party ship them out every time someone orders. You literally never lift a finger.
Try peer-to-peer lending
Invest in quick-app stocks
Use coupons or rebate apps – every time you shop
If you frequent stores like Target, Walmart, or even popular retail stores, there’s a legit way to pay less for everything. Apps like Ebates, Rakuten and more, can filter through your daily purchases and get your money back on the spot.
You can even save bigger by using coupons on all your purchases as well. Ordering pizza? There’s a coupon. Getting face wash from Walgreens or CVS? There are tons of coupons for that, too! Just Google it and thank me later!
Keep the bulk of your money in interest savings accounts
If you want to have your money make you more money over time, consider an interest savings and/or checking account.
There is a vast difference between an account that builds interest and your standard Chase Bank account. Online banks like Ally, Wealthfront, or Betterment are slowly but surely creeping up to take the crown when it comes to high APYs or annual rates of return.
This story first appeared on BlackPRWire.
Source: Black Enterprise
