11 Quick Steps That’ll Have You Managing Your Money Like A Millionaire
11 Quick Steps That’ll Have You Managing Your Money Like A Millionaire
By The Penny Hoarder Staff Updated December 27, 2022
Life would be a whole lot easier if someone would just Venmo us $1 million, but unfortunately the chance of that happening is, well, probably zero. (Venmo doesn’t allow transactions that large anyway.)
But even though our chances of becoming a millionaire are slim, we can still manage our money like one. No, we’re not going to tell you how to buy hundreds of shares of Apple stock. Or how to pick out the perfect yacht. These are simple money moves any normal, non-millionaire person can make today. Each tip can get you closer to achieving your big goals.
Take a look:
1. Cancel Your Car Insurance
Here’s the thing: your current car insurance company is probably overcharging you. But don’t waste your time hopping around to different insurance companies looking for a better deal.
Use a website called EverQuote to see all your options at once.
EverQuote is the largest online marketplace for insurance in the US, so you’ll get the top options from more than 175 different carriers handed right to you.
Take a couple of minutes to answer some questions about yourself and your driving record. With this information, EverQuote will be able to give you the top recommendations for car insurance. In just a few minutes, you could save up to $610 a year.
2. Get a Free $25 to Invest Like an Elite Hedge Fund
Hedge funds feel like an elite, sophisticated way to invest — and out of reach for most of us. Something like a $250,000 minimum makes this kind of investing feel like an exclusive club for the wealthy.
But an app called Titan makes this kind of elite investing strategy accessible to the rest of us — and you can get started with just $100. Plus, they’ll give you $25 for free once you sign up and invest.
Titan is a simple, user-friendly investment app that mirrors the financial moves of top hedge funds. It invests money in top stocks, based on what all those hedge funds have been buying — because it knows those are best set up for growth.
And unlike robo-investing apps, you get access to fund managers and insights into what goes into their recipes. Titan’s portfolio managers and analysts aim to beat the stock market from day one.
All three of Titan’s co-founders are former hedge fund guys who are now heavily invested in their Titan portfolios — the same stocks they’d invest your money in.
More than 50,000 people already use Titan, and it takes just a few minutes to fund your account and get started — and get your free $25 so you can invest even more. Isn’t it time you had access to invest like the elite?
3. You Can Become Debt Free — Without Paying it All Off
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