Sunday, September 5, 2021

What to do with extra cash

There are a lot of options, but you need to be wise
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Hey There!

If you know anything about me, you know financial literacy is a big passion of mine.

Enjoying your financial lifestyle isn't just about making more money, it's about managing your money smartly.

And I recently read an article that affects a huge group of Americans and talks about their financial well-being, and it really interested me!

So I wanted to share that with you…

Wall Street Costs HOW Much?!

If you invest $10,000 with traditional Wall Street money managers over 30 years…

Even with a successful account, you could be looking at $600,000 or more in fees over a lifetime!

But with these powerful income strategies

You'll never pay a dime to a money manager.

I want to teach you some of my favorite income strategies in a free LIVE class on Tuesday…

Click here to reserve your seat

At the moment, student borrowers in America have an additional four months without loan repayments coming due.

This article shared some ideas on what students could do with that time.

They talk about some smart ideas…

  • Add to your emergency savings (always important)
  • Address credit card debt (a very good idea)
  • Consider still paying your student loans (you can fight interest and make progress without things growing over time!)

Those are all great options.
What I think is so important is that when people have extra money, especially unexpected extra money, they use it smartly.

Imagine if everyone who got a stimulus check used it to invest in a few stocks, or to start trading, or even to pursue an Income Strategy?

We might have a few less fancy flatscreens in homes around the nation, but we'd have a lot more financially stable families!

Managing your money intelligently is so important.

It's fun to get the "sugar rush" of the big purchase you can make with extra cash.

But if you use the extra cash right, and grow it over time, you'll give yourself that freedom in spades in the future.

In any case, if you have loans you're working on paying off, I encourage you to use your savings wisely!

It's rare that we get opportunities to give ourselves wins like this.

So I encourage you to take advantage!

Chat soon,

Markay

Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is intended as educational in nature and we do not recommend that you buy or sell any specific financial instrument.

















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