Invest Your Savings for Greater Growth

This week, make your money work harder for you by moving long-term savings out of savings accounts, money markets, or CDs and investing the money instead. Review your savings accounts to find money that should be invested with a higher potential return.

If you've completed this challenge in the past, you'll also want to check your investments to see which goals you plan to accomplished soon. If you have a goal that is only a few years away, you should transition the money out of riskier investments and into low-risk investments. And any money that is for goals to be accomplished this year should be placed back into savings accounts or money market accounts.