4 Fun Things to Do with Your Money Besides Saving or Spending It

4 Fun Things to Do with Your Money Besides Saving or Spending It
  • Opening Intro -

    As the old saying goes, a penny saved is a penny earned.

    But there are more exciting ways to use your money than just saving or spending it.

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Check out these four fun things you can do with your money besides just stashing it in a savings account or spending it on things you don’t need:

Invest

Whether you do it to make some serious cash or just as a hobby, investing your money is a great way to put it to use. Spend some time researching how to invest in the stock market, or find a start-up company that you’d like to give seed money to. Investing is a great way to take more control over your financial future, and it can be a fun hobby as well.

Start a Business

If you have a great idea that you’ve always thought should be made into a business, and the entrepreneurial attitude to back it up, consider starting your own business rather than investing in someone else’s. This is a great option for people who have the financial flexibility to start their own enterprise (some businesses can be started for as low as $1,000) and if your business idea really takes off, you could end up working full-time as your own boss. If not, it still offers the possibility of an extra income doing something that you are passionate about.

Collect Coins

Rare and old coins carry a lot of value, and purchasing old coins in the pursuit of finding some rare or vintage pieces is a fun and exciting way to use your money. Some companies, such as Rocky Mountain Coin know how much fun it can be to collect coins.  Rare ones and foreign coins are especially interesting to hunt down. 

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Gambling

For those who really want to get risky with their extra money, there’s always gambling. It’s not the most advisable use of your money (remember, the house always wins), but it certainly is one of the quickest ways of making money overnight. If you’re looking for the best odds to not lose all of your extra cash, consider playing blackjack, or learn to play poker.

Spending money on bills is never fun, but the truth is that many people spend a lot of their extra income on things that they don’t really need or enjoy. Give one of these four options a chance, and you’ll end up enjoying how you use your money much more than just sticking it in a savings account.

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Categories: Money Management