How To Invest And Grow $1,000

A long time ago I subscribed to the idea that making more money is infinitely more important than saving it. According to this theory, you shouldn’t worry about things like investing or banking benefits because any money this offers is “small potatoes” compared to the millions or billions you can potentially make through real estate or starting your own business.

This is terrible advice.

While starting a business is great (and offers some of the best ROI imaginable) there’s no reason you should overlook the basics of personal finance.

Had I known the information I’m about to share, I’d easily have an extra five figures today.

Luckily, you can learn from my mistakes and use the following systems to invest and grow your wealth at almost any level:

1. Open A High-Yield Savings Account

For years I kept my money in a small, local bank which paid virtually nothing in interest. Between inflation and service fees, I actually lost money.