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8 Clever Moves When You Have $1,000 In The Bank


INVESTING - INVESTING BASICS


Keeping tons of money in your checking account means you're missing out.


Last updated Sep 2, 2021 |By FinanceBuzz Editors

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Saving up $1,000 in your checking account is a big milestone. But leaving the money in checking likely doesn't make much sense since most checking accounts pay minimal or no interest.

Once you've worked hard to amass $1,000, you want to put your money to work for you. Here are eight money moves you can make to get the most bang for your buck and get on the path towards a bright financial future.


1. Invest in Apple, Tesla, or Amazon for just $1 Once you’ve paid all your essential monthly bills, take a look at what’s left in your bank account and come up with an investing strategy. Even if it’s not a lot of money, don’t let that stop you – you can start investing with just $1.


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