Wondering how to make money from your savings? I have three suggestions |
Wondering how to make money from your savings? I have three suggestions
March 15, 2026 — 5:01am
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One of the interesting things about working in the finance field is that you quickly learn no matter how many things can change in the world, when it comes to money, some things always stay the same.
That’s especially true when it comes to the common questions people ask for advice on. And one issue that has been popping up in my DMs on social media, and being sent into my podcast a lot lately, is what to do with savings right now.
These savings are not your emergency fund, savings put away for future holidays or other short-term goals, either. This is money that is simply sitting in your account that you’re not yet sure what to do with.
It could be an amount you’ve been carefully squirrelling away, or you’ve been lucky enough to come into a lump sum. Whatever the case, knowing what to do when the time comes is important because the quicker you make the decision, the quicker your money will start working for you.
We all know that the most important thing for your money is time, and a dollar today invested is worth a lot more than a dollar invested in 20 years.
So, should you be paying down your mortgage as quickly as possible while interest rates are high? Is a high-interest savings account the safest option while global markets are volatile, or does that make it the perfect time to invest?
Whatever you choose to do, your money will be hard at work and helping........