6 Things You Must Do When Your Savings Reach $50,000

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.
Get Access to Up to $500 Whenever You Need It
Just because you have a healthy savings doesn't mean you don't occasionally need some cash. Sometimes an unexpected expense pops up, and you need access to money in a pinch.
An app like MoneyLion's Instacash® will let you access up to $500 when you need it most -- with no interest, no credit check and no mandatory fees with 1 to 5 business day delivery*.
Just download the MoneyLion app to sign up for Instacash, link your eligible bank account where your paycheck lands to see if you qualify, then select the amount of cash you want, up to $500.
Plus, your repayments are automated based on your pay schedule, so you can set it and forget it.
Want access to up to $500 whenever you need it? It takes just a few minutes to download the app for free and get started.
Stop Wasting $1,025 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 $1,025 a year.
Fortunately, Insurify lets you compare all your car insurance options at once -- and it can save you up to $1,025 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.
Collect Rent Checks Without Being a Landlord
Owning rental property has always been one of the most well-known ways to earn passive income. There's a reason so many rich people do it. There's just one problem -- we can't all afford to just go out and buy an investment property. And we're not exactly dying to be landlords, either.
Luckily, a company called Arrived lets you invest in rental homes and vacation properties with a minimum investment of just $1,000. The best part? You don't even have to be a landlord. Arrived handles all the nitty gritty work.
The process is simple. Just sign up, then browse the available properties, like a single-family rental home in Charlotte, or a vacation rental in the Catskill Mountains. You decide how much you want to invest, then watch for property appreciation and quarterly rental income payments.
More than 540,000 people have already invested with Arrived, and it's already paid out $3.5 million in dividends to its investors. Depending on the property and terms of the investment, investing in single-family and vacation-rental properties has historically yielded between 6% and 15% returns.
Want to start earning passive rental income? Click here to get started and see how much you can earn.
Protect Your Savings From Identity Thieves
You worked hard to reach your savings goal. Unfortunately, identity thieves are becoming more advanced -- they only need a few stolen personal details to drain your hard-earned money. The financial fallout can last for years.
That's why financially savvy people use LifeLock to protect their identity. LifeLock monitors your personal and financial data for suspicious activity, alerts you if something's wrong, and its experts help restore your identity if it's stolen -- even covering up to $1 million in legal fees and expert help.
Once you sign up, you can set your monitoring preferences, and LifeLock will monitor your sensitive data 24/7. If identity theft happens, one of its U.S.-based experts will help you fix it.
Millions of people already trust LifeLock to keep their identity -- and their finances -- safe. Right now, you can try it for free for 30 days.
It's easy to get started here and make sure your savings are protected.
Protect Your Portfolio With Precious Metals
If the past few years have shown us anything, it's that disruptions to the market can come out of nowhere. Between the pandemic, supply-chain issues and bear markets, a lot of people's retirement savings felt the impact.
That's why it can be a smart idea to look for ways to protect your retirement savings from the unpredictable. For a lot of people, investing in precious metals is a way to diversify and protect their investments.
One way to do this is with a precious metals IRA through a company like Priority Gold. Precious metals often outperform other investments in a volatile market, and their value tends to rise with inflation, making them an effective hedge during uncertain economic times.
Opening a gold or silver IRA is easy, and you can roll over funds from existing retirement accounts without any taxes or penalty fees. Or you can buy gold and silver directly from Priority Gold's extensive collection.
Worried you may need to sell your precious metals in the future? Priority Gold offers a no-fee buy-back program. Plus, Priority Gold has an A+ rating with the Better Business Bureau.
Right now, Priority Gold is offering up to $10,000 in free silver with qualifying purchases, and you'll get free account setup, free insured shipping and free storage for up to five years.
Want to diversify and safeguard your investments by adding gold and silver to your portfolio? It's easy to get started here and get your free guide.
Get Matched with a Financial Advisor for Free
As much as we might like to think we have it all figured out, most of us could stand to benefit from an expert opinion -- especially when it comes to our finances. The professionals simply know things we don't.
But the idea of getting a financial advisor sounds expensive and tedious. That's why we like a company called WiserAdvisor. They'll match you with a financial advisor in your area -- for free.
No two people have the same financial situation, which is why WiserAdvisor matches you with the best financial advisor for your specific situation, so you get an expert in the areas you need.
There's no obligation to hire the advisor, and WiserAdvisor screens every advisor to make sure you're only getting matched with the best experts.
Want to get a customized financial plan? Just start here to get matched with a financial advisor for free.
Bottom Line:
It’s just as important to make your money work for you as it is to save. Some key strategies include 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.
*Instacash® is subject to terms and eligibility requirements.
* Fees apply for optional Turbo delivery within minutes
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