2. Use your credit card rewards
Let me start this off by saying I HATE CREDIT CARDS. They can get you into a lot of financial trouble if you fall into the credit card debt trap. They make a very tempting a seductive option for funding a life you cannot afford. This story ultimately ends with you paying more money in the long-term due to the interest charged on purchases and fees and can potentially destroy your credit score and make life way more stressful than it’s worth. But…
There are some credit cards that allow you to deposit your rewards directly into an investment account. Choose one of those for your everyday card so every purchase will help you invest money for your future. This allows you to effortlessly build a retirement nest egg, which can be a far more valuable use of credit card points than just cashing them in for plane tickets or merchandise.
Just please make sure you pay off the FULL balance ON TIME each statement period. Paying only the minimum or paying late can sink you into a financial hole that seems impossible to escape.