I’m a freelancer and on an average I save $200 to $1k each month. I don’t want my money to just sit in the bank. Instead i want it to help me make more.
As Robert says: Make your money work for you.
How can I do so?
2 things I am not interested in for my money.
#1 I don’t wan’t to start another business using my money as it will require my TIME and ENERGY, along with the money. I want to spend all of my time nd energy just on Freelancing.
#2 I am not interested in Stocks/Crypto etc. As imo, the risk of losing money in these things is more than earning. I think if I will be successful in crypto/stocks if I give it proper time to study. Then again time is something I’m struggling with.
Is there something else I can use my money to generate a good ROI without spending my energies and time?
It’s a kind of savings account but you can only withdraw your funds after a certain period of time. It’s like lending money to a bank.