Throughout our journey to financial freedom, we have relied on several tools to build our wealth. All of these we personally use on a daily basis and are the staple of our financial strategy.
If you’re looking to become financially free, I highly encourage you to check out some of these resources.
Budgeting & Net Worth Tracker: Personal Finance
I used to track my monthly budget and net worth in a spreadsheet using a manual process. It was time consuming and tedious, so I was pumped to find Personal Capital, an app that will do everything for you.
Personal Capital is my number one recommendation for anyone serious about their personal finances. It is an extremely powerful, and free, financial planning tool. Simply link your bank accounts and you’ll be able to track everything from one dashboard.
Sign up for free at Personal Capital to get started.
Read More: Our personal review and experience with Personal Capital
Investing: M1 Finance
When I started investing, I researched multiple online apps to find the best solution to let me manage my own portfolio. Hands down, my favorite was M1 Finance and continues to be my main investing platform.
It is very simple to use, easy to track my investments, and has no commission or trade fees. Buy your preferred individual stocks, funds, and bonds, or base your portfolio off hedge funds.
Sign up for free at M1 Finance to get started.
Read More: Our complete M1 Finance review based on our personal experience.
Real Estate: Fundrise
I like to diversify my investments and wanted to get into real estate. Fundrise is my favorite REIT because it has low fees, a low $500 starting minimum, and has historically made between 7% and 11% annually.
With options to either pay out dividends quarterly or reinvest them, this is a great way to earn consistent and passive income. The best part, you can benefit from investing in real estate without the risks and hassle of being a landlord.
Sign up for free at Fundrise to get started.
Peer-to-Peer Lending: MyConstant
Knowing that the stock market could dip any time, I like to diversify my investments to maximize returns while minimizing risk. MyConstant is a unique peer-to-peer lending platform that is secured by crypto currency collateral, which reduces the risk to the lender.
They offer 30 day terms with up to 7% APR interest, or 4% interest just by keeping your money in their savings account. This is much better than the standard savings account earning 0.5% or less.
Sign up for free at MyConstant to get started.
Domains: GoDaddy
One of my favorite side hustles is to build and flip websites to make some extra money. Once you know how to use WordPress, it’s easy to build an attractive website and sell it for a healthy profit. GoDaddy is my preferred platform for buying .COM domains and it is super easy for anyone to get started quickly.
Sign up at GoDaddy to get 30% off your first order.
Website Hosting: Hostgator
Once I have a domain to build a website on, I always use Hostgator as my hosting platform. They have great customer service, are easy to build websites on, and have had solid uptime over the past decade that I’ve used them. If you’re looking to start a blog or website, I highly recommend using Hostgator.
Sign up at Hostgator to get 30% off your first order.
