The Silver Lining of Inflation: You Can Once Again Profit from Your Savings

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Interest Rates Are Low

Interest rates have been historically low since the financial crisis of 2008. In fact, they were at their lowest point in history between December 2016 and February 2017. This means that if you have money sitting around doing nothing, you could make some serious cash. If you have a savings account, CD, or any type of investment, you should consider taking advantage of these low interest rates.

Banks Will Let You Lock Up Cash

If you have money sitting around that you don’t need right now, you might want to consider locking it away in a bank. Many banks offer accounts where you can lock up your funds and earn interest while you sleep. You’ll receive a check each month, and you won’t even notice that you’re earning money.

Tax Refunds Are Coming

Tax refunds are coming! According to the IRS, taxpayers can expect refunds totaling $3.9 trillion dollars this year alone. That’s good news for anyone who has money sitting around and wants to invest it instead.

There Is No Reason Not To Invest

There is no reason not to invest. Even if you don’t have much money to start out with, you can still invest in stocks and bonds. Just remember that you may lose money along the way. But if you keep investing over time, then you will eventually reach your goals.

You Don’t Have To Be A Millionaire To Earn Money

You don’t have to be a millionaire to make money. All you need is a little bit of money. And once you get started, you can reinvest your profits and continue making money. So don’t let the word “millionaire” scare you off.