6 Ways to Build Wealth While You Sleep

MAKE MONEY
Last updated March 8, 2024 | By Team FBZ

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Imagine your wealth growing while watching TV. Or walking your dog. Or sleeping. Now stop imagining and use this page to make it happen.

Here’s the hard truth: The 1% often chant the need to “make money while you sleep” as one of the keys to their wealth — but everyday folks can’t just buy a new hotel to produce cash flow. (Wouldn’t that be nice.)

The good news? If you want your wealth to grow while time passes, like the 1%, this list is the perfect starting point for you. Keep in mind these moves aren’t automatic — you have to invest a little time or money, but it could be more than worth it for you.

So check out the ideas below to help you move your money forward every day.

Earn a $400 bonus with this checking account

We hate to tell you this, really. But if you aren’t banking with Truist Bank, you’re missing out on extra cash. Don’t worry though … it’s easy to fix.

Earn a $400 bonus when you open a new Truist One Checking account online between February 28, 2024 and October 30, 2024 using promo code TRUIST400AFL24. Terms apply.1

Complete the following within 90 days of account opening:

  • Receive at least one qualifying direct deposit of $500 or more.
  • Complete at least 15 qualifying debit card purchases.

This is practically passive income and a great way to supercharge your earnings.

Plus, you can enjoy other benefits like no overdraft fees, a $100 negative balance buffer,2 and automatic upgrades for access to growing perks.

Open your new Truist One Checking account here

Turn your savings into passive income

Public is a powerful investing app that lets you earn 5.30% yield3 on your cash with treasury bill investments, which can help you avoid the volatility of the stock market.

Treasury Bills power your money by unlocking rates most banks can’t provide … offering you a rare 5.30% yield on your cash.

To get started, download the app and create your account.

When you deposit your money into a Public account, you’ll get access to purchasing U.S. government debt obligations that are backed by the Treasury Department, which historically have low risk and stable returns. There are no state or local taxes to pay, and you can sell your Treasury Bills at any time. There is no minimum to open your account, and you can purchase Treasury bills in increments of $100.

Public offers a user-friendly and accessible platform that makes it easy to start investing in Treasury Bills, which can help you earn more on your cash and reach your financial goals.

Start earning on your cash today with Public

Unlock up to $1,070 value over the next year with this incredible card

There's a credit card that's making waves with its amazing bonus and benefits. The Discover it® Cash Back(Rates and fees) card has no annual fee, and Discover will match all the cash back you’ve earned at the end of your first year. This generous welcome offer and the top-notch cash back rewards provides an estimated $1,070 value in the first year!

The excellent $1,070 first-year value is estimated through the FinanceBuzz Credit Card Rewards Valuation Model based on spending, the welcome bonus, and the annual fee. The actual value will be determined by how much and in which categories you spend, but this card makes racking up valuable rewards easy! Earn 5% cash back at different places each quarter up to the quarterly maximum when you activate, including gas stations, grocery stores, and restaurants. Plus, you'll earn 1% cash back on all other purchases automatically. The welcome offer combined with the up to 5% cash back reward rate could be worth up to 10% cash back!

This card also offers an intro APR of 0% for 15 months on purchases and balance transfers, then APR 17.74% - 27.74% Variable. To top it all off, the Discover it® Cash Back is accepted by 99% of merchants, and there's no annual fee.

Click here to apply now for the Discover it® Cash Back.

Invest your spare change on autopilot

The best time to invest was yesterday. The second best time is today. By harnessing the power of compound interest, not only is every penny saved a penny earned, but cumulatively those pennies can grow into thousands of dollars.

With Acorns, you could turn your pennies into real wealth with their unique automated investing system for as little as $3/mo. Setting up automatic recurring investments, even just $5/day, will set you up to take full advantage of time, compound interest, and the stock market — without even having to think about it!

You’ll get access to expert-built portfolios4 with highly rated Exchange Traded Funds (ETFs), which include stocks and bonds, that can help reduce risks compared to trading individual stocks.

Plus, you can access Acorns’ Round-Ups® feature, where your daily purchases get rounded up to the next dollar and automatically invested, adding even more wealth-growing opportunities on autopilot!

BONUS: Set up Recurring Investments and Acorns will give you a $20 bonus after you make your first successful Recurring Investment (minimum $5).

Get started today for as little as $3/mo

Customers Bank High Yield Savings Account Benefits

  • Incredible 4.51% APY5 to boost your savings
  • Interest is compounded daily and posted to your account monthly
  • Enjoy 24/7 online access to your account and funds
  • FDIC insured, no fees, $1 minimum deposit
  • Limited Time Bonus: Earn up to $2,000 when you refer friends and family to Raisin. Visit site to learn more.