![]() Put your funds into a high-yield savings account, or, if you don’t need immediate access to your money, consider investing it in a certificate of deposit. Make sure you put your savings in a place where you can earn interest. When you want to deposit money, you can use mobile upload if available, mail in a check or go to a branch if it’s not an internet-only bank. An internet bank can be good for this purpose since you won’t be able to walk into a branch and take out the money.ĭon’t get a debit card, and, if possible, don’t link it to your other accounts. Open a separate savings account at a bank you don’t typically use. ![]() One of the keys to growing your savings is to keep the money in an interest-bearing account, and don’t touch it. These ideas will help you do both because it’s important to know how to save and how to invest what you’ve saved. There are two ways to increase your nest egg: Save more and make those savings work harder for you. But if you are concerned that these things might not be enough or your goals are bigger than that, here are some money moves you may not have thought of that could turbocharge your finances and set you up with financial security for life. Individual investors should consider the merits of a particular investment as it relates to their individual investment goals, overall financial situation, and appetite for risk.You may be doing all the right things when it comes to your savings - putting money aside from every paycheck, contributing to your employer’s retirement plan and diversifying your investments. Investors should prioritize their individual investment objectives and personal investment considerations when deciding whether to buy, hold, or sell any security. Risks include loss of the total value of the investment.Īccumulation of collective voting shares is not a consideration when determining the appropriateness of owning a particular stock. Individual investors should consider the risks and benefits associated with any investment or strategy and weigh potential benefits of investing against the risks associated with any investment. Neither Moves nor Bumped financial offers investment advice. Past performance is not a guarantee of future results. Investing in securities involves risk, including possible loss of principal: Not FDIC Insured Moves is not an affiliate or subsidiaries of Bumped Inc or Bumped Financial. Bumped Financial is a wholly owned Subsidiary of Bumped, Inc. The Bumped app and website are operated by Bumped, Inc. This is not an offer to buy or sell securities, or to open an account where Bumped Financial LLC isn’t registered. Mention of any specific stock or holding is for illustrative purposes only and not an investment recommendation. More about Bumped Financial LLC is available on FINRA’s BrokerCheck. Brokerage services and products are provided through Bumped Financial LLC, member FINRA/ SIPC. ![]() ![]() Cash advances are provided by Moves Financial, not Blue Ridge Bank N.A. ![]() and may be used everywhere Visa debit cards are accepted. The Moves Financial Visa® Debit Card is issued by Blue Ridge Bank N.A. Banking services provided by Blue Ridge Bank N.A Member FDIC. Moves Financial is a financial technology company and is not a bank. ![]()
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