If You Have More Than $1,000 in Your Checking Account, Make These 8 Moves

You’ve done it. You’ve built up a little cushion in your bank account — $1,000! It feels good, right? Those days of checking your account balance in a panic are behind you.

Congrats! You’re on the right path. Now it’s time to think about some longer-term goals. What do you want to accomplish next with your money? Do you need to save more? Do you want to buy a home someday? Invest?

What’s the next step to take? What are some specific things you can do to elevate your finances?

We’ve got some ideas for you:

1. Cancel Your Car Insurance

You might not even realize it, but your car insurance company is probably overcharging you. In fact, they’re kind of counting on you not noticing. Luckily, this problem is easy to fix.

Don’t waste your time browsing insurance sites for a better deal. A company called Insurify shows you all your options at once — people who do this save up to $996 per year.

If you tell them a bit about yourself and your vehicle, they’ll send you personalized quotes so you can compare them and find the best one for you.

Tired of overpaying for car insurance? It takes just five minutes to compare your options with Insurify and see how much you could save on car insurance.

2. Invest in Real Estate Without the Volatility — You Only Need $500

You’re not the only one who daydreams about making money in your sleep. Investing in real estate is one of the best ways to earn passive income. The only problem? You need to have lots of money.

Well, you used to…

With a company called Connect Invest, you can get your foot in the door for just $500, investing in what are called short notes. And, if you make your first investment within 40 days of signing up, you can earn a $50 bonus.

Basically, you’re buying the debt that wealthy developers take on to fund their real estate projects — and they have to pay you back, with up to 9% (annualized rate) in interest… while you sleep. 

With Connect Invest, you’ll invest for terms of 6, 12, or 24 months, during which you’ll receive monthly fixed-interest payments between 7.5% and 9% (annualized rate). You could earn a legit passive income with those rates — and it’s way higher than what you’d earn with your savings account!

Connect Invest carefully vets each real estate project and borrower. And don’t worry, all loans are backed by real estate collateral. In the rare event of a default, Connect Invest’s sister company will foreclose on the property with the investors’ approval and sell it to recover your investment. 

It’s super easy to set up your free account and start investing. To earn your $50 bonus, select “Penny Hoarder” as a referral source and apply promo code “PH50.” 

3. Limited-time offer: $250 bonus for everyday purchases

Want to get $250 for spending $500? Yeah, it’s totally a thing.

The Chase Freedom Unlimited® card basically pays you for doing what you already do. Groceries? Yep. Gas? For sure. That “just one thing” Target trip that somehow became $87? Absolutely.

Right now, you’ll earn a $250 bonus after you spend just $500 in the first 3 months. That’s a solid chunk of cash for things that were already on your to-purchase list.

Here’s what you get and why it’s kind of a no-brainer:

• $250 bonus after you spend $500 in the first 3 months
• 5% back on travel through Chase Travel℠
• 3% back at restaurants and drugstores
• 1.5% back on everything else
• 0% intro APR for 15 months on purchases and balance transfers (then 18.99% – 28.49% variable APR)
• No annual fee (because honestly, who wants to pay for a credit card?)

You can redeem cash back anytime—no minimums, no waiting—and your rewards never expire. And yep, you’ll even get free credit score access thanks to Chase Credit Journey.

Oh, and millions of people already use this card, so you’re in pretty good company.Get the full scoop on the Chase Freedom Unlimited® card in about 60 seconds—no pressure, just straight-up rewards.

4. Lock In Affordable Term Life Insurance in Minutes

Let’s be honest—life insurance probably isn’t on your list of fun things to research. But locking in a policy now could mean huge peace of mind for your family down the road. And getting covered is actually a lot easier than you might think.

With Best Money’s term life insurance marketplace, you can compare top-rated policies in minutes and find coverage that works for you. No long phone calls. No confusing paperwork. Just straightforward quotes, starting at just $7 a month, from trusted providers so you can make an informed decision.

The best part? You’re in control. Answer a few quick questions, see your options, get coverage up to $3 million, and choose the coverage that fits your life and budget—on your terms.

You already protect your car, your home, even your phone. Why not make sure your family’s financial future is covered, too? Compare term life insurance rates with Best Money today and find a policy that fits.

5. $15K or More in Debt? Most People Don’t Realize This Option Exists

You’re not an extravagant spender. That’s why it feels so surreal to be in so much debt. 

But with higher inflation and rising costs of everyday purchases, so many of us have had to rely more and more on credit cards just to keep up with just our basic needs.

The good news is, a company called National Debt Relief wants to help by negotiating with your creditors to resolve your debt.

If you owe at least $10,000 in unsecured debt (credit card debt, personal loans, medical bills, etc.), National Debt Relief’s experts can set you up with a realistic timeframe and payment plan that works for you.

As your monthly payments with the National Debt Relief program add up, they’ll negotiate with your creditors to settle your accounts. You will have to pay a percentage of debt settled, but it’ll still be way less than your original debt.

On average, you could resolve your debts in as little as 24 to 48 months. 

National Debt Relief is one of the largest debt settlement companies in the nation, and has already helped more than 500,000 people. 

Find out what your best options are for taking control of your debt and re-establishing your financial stability. It only takes a few minutes to sign up for a free consultation.

6. You Can Become a Real Estate Investor for as Little as $10

Take a look at some of the world’s wealthiest people. What do they have in common? Many invest in large private real estate deals. And here’s the thing: There’s no reason you can’t, too — for as little as $10. 

An investment called the Fundrise Flagship Fund lets you get started in the world of real estate by giving you access to a low-cost, diversified portfolio of private real estate. The best part? You don’t have to be the landlord. The Flagship Fund does all the heavy lifting.

With an initial investment as low as $10, your money will be invested in the Fund, which already owns more than $1 billion worth of real estate around the country, from apartment complexes to the thriving housing rental market to larger last-mile e-commerce logistics centers.

Want to invest more? Many investors choose to invest $1,000 or more. This is a Fund that can fit any type of investor’s needs. Once invested, you can track your performance from your phone and watch as properties are acquired, improved, and operated. As properties generate cash flow, you could earn money through quarterly dividend payments. And over time, you could earn money off the potential appreciation of the properties. 

So if you want to get started in the world of real-estate investing, it takes just a few minutes to sign up and create an account with the Fundrise Flagship Fund.

This is a paid advertisement. Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Flagship Fund before investing. This and other information can be found in the Fund’s prospectus. Read them carefully before investing.

7. This Free App Will Give You up to $1K in Free Stock Just for Signing Up and Funding Your Account

Inflation is doing a great job of making it really difficult to buy, well… anything. And that includes stocks. 

Luckily, when you open a free SoFi Invest account and fund it with at least $10, they’ll give you free stocks in return — worth up to $1,000.

With SoFi, You can buy full or fractional shares of popular stocks, plus you can invest in exchange-traded funds — or collections of stocks.

If you’re new to investing, SoFi has automated investing tools to help simplify things. Plus, they won’t charge you any SoFi management fees.

It only takes a minute to open a free account and get started. Then, once you fund it with at least $10, SoFi will reward you with your free stock — which could be worth up to $1,000. 

8. Take Control of Your Financial Goals with This Free Service

In today’s fast-paced world, managing finances often takes a backseat in our busy lives. But you work hard for your money; shouldn’t your money work just as hard for you? 

Well, check this out. A company called WiserAdvisor offers a free service that lets you find and compare top-tier financial advisors who can help manage your finances. Their personalized advisor matches can help you confidently reach your financial goals so you can focus on living your best life.

Getting started is easy. It only takes a few minutes to fill out WiserAdvisor’s brief quiz about your financial goals and get matched with up to three rigorously vetted advisors. 

Any advisors you’re matched with are FINRA/SEC registered and have at least five years of experience in the finance industry. So, whatever your unique financial needs are, you can trust that your advisor can help you with a range of services, from retirement to investment management, education planning, and more.

The best part? Once you match with advisors, you can get a free one-on-one consultation — and don’t worry, if it’s not what you’re looking for, there’s no obligation to hire anyone. 

Ready to take control of your finances with expert guidance? Find your financial advisor today and take the stress and doubt out of reaching your financial goals.

*Users must meet certain suitability standards pursuant to the Connect Invest II Offering Circular, users must complete their first investment within 40 days of signing up in order to be eligible for the incentive will receive their $50 bonus with their first interest earnings. Past performance does not guarantee future results or success. The material contained herein does not constitute an offer to sell or a solicitation of any offer to purchase these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful.

1 SoFi Active Invest Standard Pricing and Fee Schedule Disclosure

2 Customer must fund their Active Invest account with at least $50 within 30 days of opening the account. Probability of customer receiving $1,000 is 0.028%. See full terms and conditions.

Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA(www.finra.org)/SIPC(www.sipc.org)

Neither the Investment Advisor Representatives of SoFi Wealth, nor the Registered Representatives of SoFi Securities are compensated for the sale of any product or service sold through any SoFi Invest platform.Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA(www.finra.org)/SIPC(www.sipc.org)