“Make your money work for you” is such common personal finance advice that it borders on being cliché.But what does it actually mean? And more importantly, how can you do it?
- Open a high-yield savings account.
- Store it in retirement accounts.
- Invest it in the market.
- Choose credit cards with rewards you’ll actually use.
- Invest in real estate.
- Pursue a professional degree or certification.
This linked article is an excellent overview of how to make your money work with you.