3 amazing ways you can grow your money today!
Since the unfortunate events that has fallen upon us since 2020, people have found creative ways to grow their money. Here are 3 amazing ways you can grow your money today!
1: Invest in NFTs.
Though this isn't for everyone, NFTs have become quite the hot cake these couple of months. From celebrities to notable investors and corporations, everyone wants a piece of that pie. The reason for that is because people are trying to get their hands on a token that has the potential to turn your 2-week salary into a Lamborghini. However, there are risks to take into account when investing in such properties. I've personally bought one and let me tell you, some NFTs don't get as quick of a return as others.
2: Invest in stocks.
With apps like Robinhood and WeBull, almost anyone can start investing in stocks, crypto, or dump them all in ETFs. I, personally, have been suing WeBull for more than a year now and have seen the rise and fall of my funds. However, it's a great place for me to apply my business knowledge to something that can grow my wealth. A big one for me was the massive AMC pump and Shiba Inu coin. Though crypto currencies are down at the moment due to rising interest rates, we'll see what changes will be announced this 27th of January! If you'd like to keep up to date with what's going on, there are tonnes of resources on the internet to do so like TikTok, YouTube, and Chamath Palihapitiya himself.
3: Start setting a budget.
When you've built up your savings account, the last thing you want to do is spend it all away. It is true that it takes money to make money and without much cash, you won't get much returns. A great way to do so is to set aside a percentage of your money for which to invest and the rest to spend on necessities and an occasional reward (i.e. a savings and checking account). Once you've done so, each time you collect profits from investments or even your salary, keep setting aside some cash to grow.
* Invest at your own risk *
This article is about 3 amazing ways you can grow your money today!