9 Things You Must Do When Your Savings Reach $50,000
By Adam McFadden
Investing Strategies The Wealthy Use That You Should Consider Right Now
Well done! You’ve worked hard and pinched pennies to finally get to the point where your savings account is looking solid. Now it’s time for the emphasis to shift from saving to making your money work more actively.
These moves just might be what you need to keep your money growing. Best of all? It only takes a few minutes to check them out and see which ones are best for you.
Grow Your Money More Than 10x Faster
If you're keeping your money in a traditional savings account, you're missing out on some serious growth. You need an account that lets you earn competitive interest on your everyday balance.
With a Langley High Yield Savings Account, you'll earn 3.60% -- that's more than 10 times the national average interest on a savings account, which pays just 0.33% APY, according to the NCUA*.
The Langley High Yield Savings Account has no fees, no minimums, and your money is insured up to $250,000.
Want to start growing your money more than 10 times faster? It only takes a few minutes to open an account.
Use a High-Yield Savings Account with a Competitive APY
Most people have a savings account. But too many people keep their money in a savings account that isn't growing their money as fast as it could be. As of Jan. 20, 2026, the national average interest rate on a savings account was just 0.39%.
To make sure your money is working for you, look for a high-yield savings account with a competitive APY, like the Capital One 360 Performance Savings account, which pays APY -- more than eight times the national average.
Want to start growing your savings more than eight times faster? It's simple to get started below and see how much you could earn.
Get the Funds to Start Investing in Real Estate
Owning investment property has long been one of the most popular ways to build wealth and generate passive income. But there's one major obstacle: getting the money to actually buy and renovate a property.
That's where Kiavi comes in. Kiavi offers hard money loans designed for real-estate investors looking to fund fix-and-flip projects or rental properties -- with fewer requirements and faster closings than traditional banks. You could fund your next project in as little as one or two weeks.
Everything is handled online -- from applying and getting quotes to tracking your loan approval. You can even get pre-approved with no impact to your credit score and no application fee.
Kiavi offers fix-and-flip and bridge loans from $100,000 to $5 million, with rates as low as 7.75%. Investors may qualify for up to 100% of the purchase price and renovation costs, and 80% of a property's after-repair value.
For investors focused on long-term rental income, Kiavi also offers rental property loans with rates as low as 6%, up to 80% loan-to-value and flexible term lengths.
Kiavi has already funded more than $30 billion in loans and is trusted by professional real estate investors across the country. Whether you're planning your first fix-and-flip or expanding your rental portfolio, Kiavi could help you move faster on your next investment opportunity.
Want to see how much you could qualify for? Get started here to explore loan options and get pre-approved online.
Use This Free Tool To Make Sure You Avoid Overpaying When You Shop Online
Now that you've built up your savings, you'll want to make sure you're not chipping away at it by overspending. Chances are you do at least some of your shopping online -- so why not make sure you're getting the best deal?
That's where Capital One Shopping comes in. It's a free browser extension and mobile app that automatically searches for coupons, better prices and rewards across more than 100,000 online retailers.
Just install the extension or download the app on iOS, then shop like you normally would. It works quietly in the background to help you save.
When you're ready to check out, it automatically applies eligible coupons and lets you know if your item is available for less somewhere else. It even factors in shipping costs, membership pricing, and alerts you if something you viewed drops in price later.
Right now, you can find deals like up to 30% back on DoorDash, $50 back when you spend $100 at Sam's Club, plus savings at retailers like Walmart, CVS, and Target*.
More than 11 million people already use Capital One Shopping, and it has a 4.9-star rating on the App Store.
Want to make sure you're getting the best deal when you shop online? Add the free browser extension on desktop or download the iOS app to redeem your $20 rewards bonus.
* savings found 4/23/2026
Protect Yourself From Unexpected Home Repairs That Can Cost You Thousands
Now that you've built a substantial savings, you want to make sure you protect it from things like unexpected (and costly) home repairs. Without a warranty, you could end up spending hundreds -- or even thousands -- on repairs or replacements. And the need for those repairs often happens out of nowhere.
That's why homeowners rely on American Home Shield. American Home Shield practically invented the home warranty industry back in 1971, and they're still going strong today.
Recipient of multiple Consumer Affairs Buyers Choice Awards, AHS supports the vital appliances and systems in your home. Instead of shopping around for someone who can help you -- someone who could easily take advantage of your situation and overcharge you -- all you need to do is contact American Home Shield. It's that easy.
You'll be connected with a professional from the American Home Shield network of trained experts who are prepared and eager to help you resolve your issue and get back to life as you know it. It doesn't matter if you've got old appliances or brand new ones, your American Home Shield warranty plan should cover repairs -- or, if they can't be salvaged, replacements.
Don't wait for something to break -- get American Home Shield coverage today and protect your home investment.
Pocket an Extra $325 When You Open This Checking Account
Keeping your cash in the right place is one of the easiest ways to boost your balance.
When you open a new Wells Fargo Everyday Checking account, you can earn a $325 bonus. All you have to do is make $1,000 or more in qualifying direct deposits within 90 days of opening the account. After the 90-day qualification period, Wells Fargo will deposit your bonus within 30 days, as long as you've met the requirements.
You'll also get FDIC insurance, 24/7 fraud monitoring, and access to an app with a 4.9-star rating.
Want to add an extra $325 to your wallet? It takes just minutes to open an account.
Leave Your Family Up to $3M (It Takes Just 10 Minutes)
Nobody likes to think about death, but planning for it is an important part of protecting your family. If something were to happen to you, life insurance can help replace your income and cover debts or major expenses, so your loved ones aren't left struggling.
Maybe you've thought about getting life insurance before, but you put it off because it sounded overwhelming. The good news? A company called Ethos makes it easy. You can apply for term life insurance online in as little as 10 minutes -- and qualify for up to $3 million in coverage.
There's no medical exam or blood test required. Just answer a few questions, see your rate instantly, and activate your policy -- with coverage that can start as soon as today. Term life insurance typically lasts 10 to 30 years and is designed to help protect your family's financial future.
Want the peace of mind of knowing your family will be taken care of? Get started here to see how much you could leave them.
Stop Wasting $1,100 on Your Car Insurance
Odds are, you're probably paying way too much for your car insurance every month. And it can seriously add up -- to the tune of $1,100 a year.
Fortunately, Insurify lets you compare all your car insurance options at once -- and it can save you up to $1,100 a year.
Just enter some basic details about your car and background, you'll get customized quotes you can review on your own time and from the comfort of home. Ready to cut your car insurance bill? It's easy to get started here and see how much you can save.
Get Up to $1,000 in Free Stock Just For Investing
Your savings are looking great. But don't rest on your laurels just yet. Now that you've built up some cushion, it's a great time to make sure you're putting your money to work.
When you invest with SoFi Active Invest, you can earn up to $1,000 just for opening and funding an account. All you have to do is open and fund a new account within 45 days.
Once you open your account, you'll get access to commission-free trading on stocks and ETFs, plus you can buy fractional shares of your favorite companies. Unlike other platforms, SoFi® has no account minimums and no hidden fees, so you'll keep more of what you earn.
It takes just a few minutes to open an account. Get started here and fund your account within 45 days to earn up to $1,000.
Bottom Line:
It’s just as important to make your money work for you as it is to save. Some key strategies include using one of the best checking, savings, and CD accounts of 2026, hedging your savings against inflation with an investment like gold or silver and building passive income through real estate investments. The right financial advisor can give you the best advice for your unique situation.
**The national average savings account interest rate is 0.40% APY, according to the FDIC, as of March. 16, 2026.
*NCUA Credit Union and Bank Rates.
*Source: FDIC, national average of savings, week of 4/20/26. Rates subject to change.
**Gainbridge®: Annuity rates are subject to change at any time, and the rate mentioned may no longer be current. Please visit Gainbridge.io for current rates, full product disclosures, and disclaimer. Withdrawals above the 10 percent free withdrawal amount subject to a withdrawal charge and market value adjustment. Gainbridge Save℠ is issued by Gainbridge Life Insurance Company in Zionsville, Indiana. Gainbridge Save℠ is not a tax-deferred annuity; instead, it is taxed annually.
SoFi: The probability of a member receiving $1,000 is 0.028%. If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Members must fund their account with a minimum of $50.00 to qualify. The probability percentage is subject to decrease. Members are only eligible for the Stock Award promotion upon opening their first brokerage account; subsequent cash brokerage accounts are ineligible for the promo, including for members with multiple accounts.
Other fees, such as exchange fees, may apply. Please view SoFi’s fee disclosure to view a full listing of fees
There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event.
INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE
Capital One interest rates accurate as of 06/25/2026. See website for all current rates. Savings vary depending on account usage and payment behavior.
‡Competitor’s interest checking account with a 0.15% APY – $2,500 average based on the credit unions national average rate, as of 09/26/2025, as reflected on NCUA Credit Union and Bank Rates.
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