4 Ways to “Make Your Money Work for You”

What the hell that actually means.

Adam Nir via Unsplash

“Make your money work for you”
-every lifestyle account on social media

If you’ve seen any kind of money, investing, lifestyle social media, you’ve seen this quote. Rarely, if ever, actually tied to helpful information to explain how or what that means.

“Multiple revenue streams!” OK… but how?

And we’re not talking about side hustles here. That’s still you working for your money.

Early on you were (hopefully) taught to save a little money. Unfortunately, if that money is sitting in a savings account, it’s actually costing you more than you’re getting back. Even with competitive savings rates (0.40% - 0.60%), that cash is not going to keep up with the economy and inflation.

In turn, losing value.

Yes, you need some money in your checking and saving accounts to get through your day-to-day and emergencies (always important to be prepared), but you're not doing yourself any favors hoarding cash in either of these.

Here are some places to put that money where it will grow. where you can “make your money work for you”.. These range from ultra-easy 5-minute setup and go to some you may need a little time and research into. But this is

Investment Account

For the sake of time, I’m bundling a few items in here. An investment account can come in many forms from your office 401k, IRA, or a personal investment account (check Acorns, Fidelity, etc…). This is a great spot to start if you’ve got some extra dollars around and 5 minutes. These can be set up and personalized to your goals, timelines, and risk level. The beauty of these is you can often set them and forget them (whether you’re a beginner or just don’t feel like fooling with it.)

If you want to know more about the differences in these types of accounts, you can check out my in-depth article here.

Your investment can be broken out between stock, bonds, large and small. Meanwhile, and you can sit back and watch it grow. Unlike the bank, you can expect returns more in line with the economy and inflation. 7% is considered “good”, but it often depends on the year. You may see a little less or a good bit more from year to year.

Time required: Little to almost none after setup

Trading account

Consider yourself a trading account if you want to make your own moves and investments. With an account from Robinhood, Etrade, Etc… with some time and research (preferably a lot of research) you're given the tools to invest in what or who you want.

Most institutions allow you to trade stocks, some coins and digital currencies. Returns depend on you, and with a little time and skill, they can be substantial. However, it’s also on you if you lose it all.

Time Required: Varies by person (do research. Lots)

Niche investments

Niche investment opportunities are sprouting up more and more lately.

Are you really into art? There’s a platform to invest in that. look into Masterworks.

Maybe real estate is more your vibe. Check out Fundrise.

These are just 2 examples and there’s plenty more. All generally advertise around 10%+ returns, but will most definitely vary. These tend to be better with larger startup investments (think $10k+), but if you’re passionate and knowledgeable about your niche, you might thrive here.

Time Required: Research time required

Business investments

Yes, it’s the 21st century, but some investments are still found the good old fashioned ways. While there are online platforms for this, everyone has a cousin or friend trying to start a business. And businesses need capital. From boutiques to microbreweries.

Will this option be time consuming? Absolutely. Will you need to go through spreadsheets and business plans? Yes. You may even want to take a business class or two first.

And, yeah, even with all that work, it could still fail. But, It could also take of and that’s money in your pocket and a growing venture. That’s putting your money to work and investing in your community at the same time.

Time Required: Plenty if you’re doing it right


The answer isn’t necessarily sexy, but it’s much better than watching your savings waste away in a bank account.

You want to put your money to work fo you? Invest. And whatever you’re interested in or passionate about, there’s probably a way to invest in it. As little as 5 minutes and you can have yourself some extra revenue streams. This is how your money can work for you.


For legal reasons, “this article is for informational purposes only. It should not be considered financial or legal advice. Consult a professional before making any major financial decisions.”

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