1. Stop wasting money on overpriced car insurance
Car insurance is likely taking a big chunk out of your monthly budget, but it could be keeping you safe for less. Insurance companies tend to pile on confusing add-ons and lingo, which leads you to pay more than necessary.
BestMoney.com lets you switch to a more affordable auto insurance option in 2 minutes by providing some information about yourself and your vehicle and choosing from their tailor-made results.
Based on your answers, they’ll sort through leading insurance companies in your area, ensuring you find the lowest rate possible.
2. Invest in real estate
Most of the world’s most successful investors know that investing in real estate is one of the smartest choices for long-term growth. But did you know it is still possible to build your portfolio without having to play landlord or forking over a huge down payment?
The Fundrise Flagship Fund¹ is a $1 billion private real estate fund that lets you invest in an expertly crafted strategy without needing hundreds of thousands of dollars. You don’t need to be an accredited investor, and you can get started with as little as $10.
With 4,700+ single-family homes and 2,500+ residential units owned by the Fundrise Flagship Fund, you get exposure to institutional-style scale and diversification. After you place your first investment, the Fundrise Flagship Fund will work to find and add new assets to your portfolio over time and send you transparent updates along the way.
It only takes a few minutes to sign up now and become a real estate investor today.
3. Secure your retirement with a gold IRA
Gold has long been touted as a safe-haven asset—and it can go a long way toward building your retirement portfolio. The precious yellow metal offers more stable returns than stocks, especially during market volatility and recession.
Opting for a gold IRA gives you the opportunity to hedge against market volatility by allowing you to invest directly in physical precious metals rather than stocks and bonds.
If you’d like to convert an existing IRA into a gold IRA, companies typically offer 100% free rollover. Others might offer free gold, silver or other metals up to a certain amount when you make a qualifying purchase.
You can check out our top picks for industry-leading companies offering gold IRAs.
Compare offers instantly and request a free information guide to help you understand how to diversify your portfolio and secure your retirement fund.
4. Maximize your home equity
With home values higher than ever, you can make your home work harder for you by making the most of your equity. The average homeowner sits on roughly $311,000 in equity as of the third quarter of 2024, according to CoreLogic.
With a home equity loan, you can fund any major expense — home renovations, paying off substantial debt, or even funding investments for your retirement nest egg. Rates on a home equity loan are typically lower than APRs on credit cards and personal loans, making it an appealing option for homeowners with substantial equity.
Unlock the lowest possible rates in minutes by shopping around. You can compare real loan rates offered by different lenders side-by-side through LendingTree.
Just answer a few simple questions, and LendingTree will match you with up to 5 lenders with the best possible rates today.
5. Get help from a trusted advisor to create a wealth-building plan for retirement
Secure your financial future with confidence through a personalized plan designed to optimize investments, navigate taxes, and ensure a comfortable retirement.
Finding a financial advisor that suits your specific needs and financial goals is simple with Vanguard.
Vanguard’s hybrid advisory system combines advice from professional advisers and automated portfolio management to make sure your investments are working to achieve your financial goals.
With a minimum portfolio size of $50,000, this service is best for clients who already have a nest egg built and would like to try to grow their wealth with a variety of different investments. All you have to do is set up a consultation with a Vanguard advisor, and they will help you set a tailored plan and stick to it.
More money moves to grow your wealth
Wealthfront
High-yield cash account
Earn 4.00% APY on cash deposits, plus $0 account fees.
Money.com
Reverse mortgages
Tap into your home equity to pay off debt or fund a renovation.
Masterworks
Alternative investing
Invest in paintings by best-selling artists like Banksy and Basquiat.
- Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Flagship Fund before investing. This and other information can be found in the Fund’s prospectus. Read them carefully before investing. This marketing was vetted by the Moneywise team and sponsored by the Fundrise Flagship Fund.
