7 Money Moves the Rich Make that Feel Almost Illegal

SAVING & SPENDING
Last updated June 13, 2024 | By FinanceBuzz Editors
rich man under money rain

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Ever wonder what makes you — an everyday American — different from the rich?

The truth: A recent study by Fidelity Investments found that 88% of millionaires are self made, and they’re probably making simple money moves that are accessible to almost anyone in the country. You just need to know what moves to make!

Stop letting debt hang over your head, stop letting time go by without investing, and start taking advantage of compound interest! You could build wealth and save for retirement today using the same tricks millionaires use to get ahead. Here’s how:

Have $100,000+ in assets? Get help from a trusted financial advisor to reach your goals faster

73% of Americans rank finances as their chief stress in life, according to a recent study.1And that stress can be amplified when you have $100,000 or more to invest — because you feel the pressure to maximize growth year after year to hit your goals.

If you have $100,000+ in assets, stop guessing how to grow your wealth or protect your nest egg. Leave that to a professional financial advisor — one matched to fit your exact needs by Money Pickle. You'll take a relaxing deep breath the instant that pressure is lifted off your shoulders.

To get started, give Money Pickle some background with this 2-minute Retirement Quiz. Once matched, you schedule your free one-on-one session with the advisor and you’ll get a personalized financial consultation catered to your lifestyle and financial goals.

Working with an advisor may sound scary, but all suggested advisors are fiduciaries, so you can be confident that any advisor you work with has your best interest at heart.

Book your free financial consultation here

Stop getting ripped off by credit card companies

If you have a lot of debt, getting out of it can feel stressful (and nearly impossible). Here’s the problem: the longer you put off tackling it, the harder it gets to fix. If you don’t take control of it early on, it can add undue stress to your life for years. But what if there was a way to get out of debt once and for all?

National Debt Relief could help. If you have more than $10,000 in debt from credit cards, medical bills, collections, or personal loans, their representatives might be able to assist you in consolidating your debt into one low monthly program payment.

Best of all? There are zero fees until your debt is resolved, and you could be debt-free in 24-48 months. To get started, just answer a few simple questions. It only takes 30 seconds to see if you qualify!2

Try National Debt Relief

Earn $200 cash rewards bonus with this incredible card

There's a credit card that's making waves with its amazing bonus and benefits. The Wells Fargo Active Cash® Card(Rates and fees) has no annual fee and you can earn $200 after spending $500 in purchases in the first 3 months.

The Active Cash Card puts cash rewards back into your wallet. Cardholders can earn unlimited 2% cash rewards on purchases — easy! That's one of the best cash rewards options available.

This card also offers an intro APR of 0% for 15 months from account opening on purchases and qualifying balance transfers (then 20.24%, 25.24%, or 29.99% Variable). Which is great for someone who wants a break from high interest rates, while still earning rewards.

The best part? There's no annual fee.

You’ll need good or excellent credit (typically 670 or higher) to qualify.

Click here to apply now.

Eliminate your late tax debt

Each year, the IRS forgives millions in unpaid taxes. If you have more than $10,000 in tax debt, or have 3+ years of unfiled taxes, you could get forgiveness too. You might be eligible to lower the amount you owe, or eliminate your tax debt completely.

Easy Tax Relief could help you lower or get out of your tax debt for good. They’re well respected in the industry and have been recognized for their ethical standards when dealing with tax debt. While most tax companies just put you on a payment plan and file your taxes for you, Easy Tax Relief talks to the IRS directly. They can help you pay off your tax debt faster while potentially reducing what you owe.

Important: Not everyone will qualify. To take advantage of this special program you must owe more than $10,000 in past-due taxes.

Fill out this form to get started

Earn potentially $1,000s for basically free by opening this account as early as possible in life

You can turn your existing money into even more money, by basically doing nothing. Yes, it sounds insane. But it’s true — and it all depends on how early in life you open a high yield savings account.

The NexBank high yield savings account offers a rare 5.26% APY3— compare that to the national average APY of 0.45% (as of June 12, 2024). This could be worth hundreds, even thousands of dollars in practically passive income.

This is all thanks to compound interest — the earlier in life you start putting money into this type of account, the more you can earn over time. As Ben Franklin put it, “Money makes money. And the money that money makes, makes money.” Bam.

Let’s say you put $50,000 into a high yield account at 5.00% APY at 30-years-old. Then, you contribute $5,000 a year, every year, until age 50. With interest compounding daily at that rate, you’d walk away with $303,466.67! But … if you start at age 45, you’d only have $91,898.37.

Open an account today — the sooner, the better. NexBank is powered by Raisin's savings marketplace, there are NO fees, and you can withdraw your money whenever you need it. Plus, with FDIC insurance, NexBank provides a more secure online banking experience and a safer place to store your extra cash.

Limited Time Bonus: Earn up to $2,000 when you refer friends and family to Raisin. Visit site to learn more.

Click here to open a NexBank high yield savings account

Earn cash back on everyday purchases with this rare account

Want to earn cash back on your everyday purchases without using a credit card? With the Discover®️ Cashback Debit Checking account (member FDIC), you can earn 1% cash back on up to $3,000 in debit card purchases each month!4

With no credit check to apply and no monthly fees to worry about, you can earn nearly passive income on purchases you’re making anyway — up to an extra $360 a year!

This rare checking account has other great perks too, like access to your paycheck up to 2 days early with Early Pay, no minimum deposit or monthly balance requirements, over 60K fee-free ATMs, and the ability to add cash to your account at Walmart stores nationwide.

Don’t leave money on the table — it only takes minutes to apply and it won’t impact your credit score.

Apply for a Discover Cashback Checking account today

National Debt Relief Benefits

  • No upfront fees2
  • One-on-one evaluation with a debt counseling expert
  • For people with $30,000 in unsecured debts and up