Monday, July 26

Building wealth

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5 ways to spend cash gifts to turn them into more money

When you buy through our links, Insider may earn an affiliate commission. Learn more.If you got married or had a birthday recently, you might be sitting on cash gifts. Financial pros say you can invest in a side hustle or buy crypto (without risking your savings). Or, keep the money in a high-yield account or pay off debt to build wealth over the long term. Compare savings account rates & offers in your area » Over the last few years, I've received a lot of cash gifts from friends and family for different celebrations in my life. I got engaged, had a couple of birthdays, and ended up eloping during the pandemic. In order to keep track of these cash gifts and...