Stop wasting your money on banks

masterroshi (57)in #banking • 6 years ago

Banks hold your wealth not generate it.

If you are serious about becoming financially free then one of the things you need to address is the fact that your bank account it's not proactively helping you reach this goal . Whenever you put money into a savings account or checking account and that city is a high yield account then you are not earning even a penny on your deposits. Thankfully for the technological developments in the past decade or so have made investing much easier and more accessible to the normal person . Now you have the opportunity to invest in a huge variety of stocks and exchange traded funds that can help you grow financially while still saving money .

Stash that cash

Out of all of the financial technology applications the I have tested I can say the stash app ranks as the number one platform. I really like stash because of the abundance of features offered to users.

This platform will help you not only make wise investment decisions but it will also help you set up a stable retirement plan they can be separate from your main investment portfolio. Another amazing attribute of the stars application is then you can invest as little as 1 dollar a day and shoes how much is distributed to which stock. This means that you are able to buy partial stocks which allows you to invest in companies like amazon and google without having to spend $1000 or more per share at one time. Investing into the stock market for the long-run is made easy by stash which gives you an option to create a retirement portfolio that you can fund separately from your main portfolio as well as custodia portfolios where you can invest in stocks for your children.

Stash has worked out great for me as you can see!

Retire happy

If you use the stash app correctly then by just investing 1 dollar a day into value stocks and exchange traded funds has the potential to earn you $500,000 by the time you retire! Meanwhile leaving that money in a savings account we'll probably just end up in getting spent before you even reach halfway to retirement. If you are serious about your financial future then don't let the stock market scare you checkout the stash app and get on your way to financial freedom. If your are still weary of investing check out the Learn section on the stash website. It will give you numerous resources to help inform your investment activity and make the best of your use of the platform! You owe it to your future self to take this opportunity for creating a stable financial foundation.

Ps. If you want to learn how $1 a day can become over half a million check out this article here