7 Brilliant Ways to Build Wealth After 40

MANAGE MONEY - SAVE MONEY
Last updated Feb. 14, 2024 | By FinanceBuzz Editors
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Your 40s (and beyond) is a great time to get serious about building your wealth. There's a good chance your career is taking off and you're earning more money than you ever have before. With upcoming expenses like college and retirement looming, investing smartly and saving money are more important than ever.

Now is the time to make sure you're putting that money to work for you. 

Resolve $10,000 or more of your debt

Credit card debt is suffocating. It constantly weighs on your mind and controls every choice you make. You can end up emotionally and even physically drained from it. And even though you make regular payments, it feels like you can never make any progress because of the interest.

National Debt Relief could help you resolve your credit card debt with an affordable plan that works for you. Just tell them your situation, then find out your debt relief options.

How to get National Debt Relief to help you resolve your debt: Sign up for a free debt assessment here. (Do not skip this step!) By signing up for a free assessment, National Debt Relief can assist you in settling your debt, but only if you schedule the assessment.1

Try it

Don't let home repairs drain your bank account

Did you know if your air conditioner stops working, your homeowner’s insurance won’t cover it? Same with plumbing, electrical issues, appliances, and more. Not being able to make repairs could leave you in a bad situation — but a home warranty could protect you against surprise expenses.2

Whether you’re a brand-new homeowner or you’ve owned your home for years, a plan from Choice Home Warranty could pick up the slack where homeowner’s insurance falls short.

If a covered system in your home breaks down, you can call their hotline 24/7 for assistance to get it repaired. They have a network of over 15,000 technicians that can assist you, making sure any issue can be taken care of swiftly — without breaking the bank.

Not sure if it’s for you? Rest easy: they were named one of the "Best Home Warranty Companies" by US News 360 Reviews and were awarded Best Company's 2020 Consumer's Choice Award. For a limited time, you can get your first month free when you sign up for a Single Payment home warranty plan.

Get a free quote

Pay no interest on balance transfers until nearly 2026

Imagine getting 21 months with an intro 0% APR on balance transfers. Sounds great — right? You could dramatically change your financial picture with this industry-leading low-interest card - the Citi® Diamond Preferred® Card(Rates and fees).

If you want to kick high-interest credit card debt to the curb, this is one of the leading get-out-of-debt cards available. Transfer your high interest debt to this card with a 0% intro APR on balance transfers for 21 months. Your payments can go directly to paying down your balance without incurring a pile of additional charges. That could save you hundreds of dollars in interest!

It doesn't just stop with balance transfers, though. Cardholders also get a generous intro APR of 0% for 12 months on purchases. After the intro period for purchases and balance transfers, the APR is 18.24% - 28.99% (Variable).

The best part? There's no annual fee.

Click here to Apply Now

Grow your money at 5.26% APY without the volatility of the stock market

Protecting and growing your money in a volatile stock market can be difficult … but that’s where CloudBank 24/7 comes in. While other banks hesitate, they're not afraid to pay you a rare 5.26% APY (annual percentage yield)3 4 on your cash. That means you can earn more interest on your money and watch it multiply without the stress of market fluctuations.

Opening an account takes as little as 3 minutes, so you can start harnessing the power of this high-yield savings account right away. While the minimum deposit is only $1, with rates higher than they’ve been in decades, capitalizing on an incredible 5.26% APY could offer over $1,300 in annualized earnings with a $25,000 deposit.5

The best part? There are no fees, and you can withdraw your money whenever you need it. Plus, with FDIC insurance through Third Coast Bank SSB and cybersecurity as a top priority, CloudBank 24/7 provides a more secure online banking experience and a safe place to store your extra cash.

Click here to open a CloudBank 24/7 online savings account

Unlock up to 10% cash back your first year with this incredible offer

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. 

You can earn cash back just by using this card for your everyday purchases — 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 17.24% - 28.24% Variable. This is great for someone who wants to pay down debt or finance a large purchase while still earning rewards.

Accepted by 99% of merchants, if you want cash back, the Discover it® Cash Back card can help put more back in your wallet.

The best part? There's no annual fee.

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

If you’re over 50, take advantage of massive discounts and financial resources

Over 50? Join AARP today — because if you’re not a member you could be missing out on huge perks. When you start your membership today, you can get discounts on things like travel, meal deliveries, eyeglasses, prescriptions that aren’t covered by insurance and more.

How to become a member today:

  • Go here, select your free gift, and click “Join Today” 
  • Create your account (important!) by answering a few simple questions 
  • Start enjoying your discounts and perks!

You’ll also get insider info on social security, job listings, caregiving, and retirement planning. And you’ll get access to AARP’s Fraud Watch Network to help you protect your money, as well as tools to help you plan for retirement.

Important: Start your membership by creating an account here and filling in all of the information (Do not skip this step!) Doing so will allow you to take up 25% off your AARP membership, making it just $12 per year with auto-renewal.

Become an AARP member now