8 Clever Moves When You Have $1,000 in the Bank

8 Clever Moves When You Have $1,000 in the Bank

It’s a wonderful feeling to look at your bank statement and find out you have $1,000 in your account. But what should you do now?

It’s a wonderful feeling to look at your bank statement and find out you have $1,000 in your account. But what should you do now?

You’ve worked hard to make an extra $1,000, and you want to put that money to work earning you even more money.

You’ve worked hard to make an extra $1,000, and you want to put that money to work earning you even more money.

Here are 8 clever moves when you have $1000 in the bank

1) Earn 15X More Interest With This Bank Account

Start with a high-yield savings account through a bank like CIT Bank. You can earn 15X the national average interest rate! 

2) Earn Passive Income Investing in Real Estate

It used to be that in order to invest in real estate, you had to own rental properties and deal with tenants. Now you can start investing with just $10.

3) Pay Off Your High-Interest Debt

The average credit card interest rate is almost 17%. If you have a credit card balance, this debt should probably be your number one priority to pay off. 

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