Outside of starting your own business, investing in the stock market has been one of the most consistent ways to create wealth over the past 100 years. In fact, since its inception in 1957, the S&P 500 has consistently returned 8% per year on average. A far higher return than savings accounts, CDs, money markets, or any number of other vehicles for saving and investing your money.
Love the list. Great ideas. I’d drop the focus on “millennials” and focus on all generations. I’m an X’er and find this list helpful. Trust me, my student loan debt is more than most millennials. We are all struggling and looking for ways to make ends meet. I just find focusing on a “generation” limiting. Anyway, great ideas. Going to check a few out, thanks!
Use your credit card’s cash advance feature. Some credit cards will allow you to withdraw a certain amount of cash by using it at an ATM. This can help you come up with cash in a hurry. However, the interest rates on cash advances are usually much higher than the credit card’s usual interest rate, meaning that you will eventually have to pay more.