Thursday is for staying thrifty! How do you stay thrifty? Do you budget? Do you keep up with paying on your credit cards weekly or monthly? Are you taking advantage of the credit card points? What else are you taking advantage of?
We often say on this site, make your money work for you. Your money needs to make more money. And it’s not going to make more money sitting in your checking and savings accounts from your local bank. You need to search further in order to get a return on your money.
Thrifty Ideas for Investing:
Buying Bonds, Bills, and Notes from the U.S. Treasury. These are generally safe investments, and although they may not generate a “sexy” return, it’s still better than letting your money get eaten away by inflation while sitting in your account, generating 0.1%-1% interest. (Most of the time it’s quarterly compounding interest in your savings account, instead you could be earning monthly compounding interest)
Buying ETFs is another option of being thrifty. You can get a basket of stocks or mimic a sector of the market. There are a myriad of ETFs you could look into. Reflecting almost any interest or sector you might want!
High-Yield Savings Accounts. This is one that has been a huge hit lately. Park you cash and generate high interest on it, compounding monthly. Right now you can find accounts in the 4.1% interest range, but some, like OpenBank are around 4.65%.
What are your best ways to generate money from your money?
Thrifty Investing 
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