Many people use some extra cash, whether it be paying off debt, looking for other investments, or simpling saving it. If you had $10,000 right now, how would you use it?
Student loans may be the bane of our existence as schools get more expensive, and these loans hang over our heads as we look for jobs and try to start our financial future on the right foot.
Investing can be simpler by investing in a low-cost index fund ETF or simply going with an S&P 500 ETF that allows investors to have returns equal to the market.
Real estate is a great way to invest your money if you have a strategy for navigating everything. $10,000 may not be as much money as it once was, but one poster put it this way.
A good emergency fund starts with putting your money away in a savings account to earn interest. As interest rates have risen, you can get a reasonable rate from 3.75%-4.5% or even higher.
People like to get rid of debt as soon as possible. It makes sense. If you have a higher mortgage rate on your property, the better use of your money could be to lower that principal and pay off the loan sooner.