If You Have More Than $1,000 in Your Checking Account, Make These 4 Moves

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You’ve done it. You’ve built up a little cushion in your bank account — $1,000! It feels good, right? Those days of checking your account balance in a panic are behind you.

Congrats! You’re on the right path. Now it’s time to think about some longer-term goals. What do you want to accomplish next with your money? Do you need to save more? Do you want to buy a home someday? Invest?

What’s the next step you should take? What are some specific things you can do you to take your finances to the next level?

We’ve got some ideas for you:

1. Invest Like a Tycoon (Even If You’re Not Rich)

Want to try real-estate investing without playing landlord? We found a company that helps you do just that.

Oh, and you don’t have to have hundreds of thousands of dollars, either. You can get started with a minimum investment of just $500. A company called Fundrise does all the heavy lifting for you.

Through the Fundrise Starter Portfolio, your money will be split into two portfolios that support private real estate around the United States.

This isn’t an obscure investment, though. You can see exactly which properties are included in your portfolios — like a set of townhomes in Snoqualmie, Washington, or an apartment building in Charlotte, North Carolina.

You can earn money through quarterly dividend payments and potential appreciation in the value of your shares, just like a stock. Cash flow typically comes from interest payments and property income (e.g. rent).

2. Ask This Website to Pay Your Credit Card Bill This Month

No, like… the whole bill. All of it. All that debt racked up from the 300 destination weddings your friends made you attend (thanks!) could be paid by the end of this month.

Your credit card company is ripping you off with insane rates, and it’s getting rich off of you. But there are other, nicer companies that’ll help you out. A website called Fiona knows the best ones and could pair you up as soon as tomorrow.

Here’s how it works: Fiona will match you with a loan that’ll cover your credit card tab. Use that loan to pay off your debt, then make monthly payments to repay the loan. It could lower your monthly payments and help you pay off that debt a lot faster. Plus, no credit card payment this month.

Fiona won’t make you stand in line or call a bank. And if you’re worried you won’t qualify, it’s free to check online. It takes just two minutes, and it could save you thousands of dollars. Totally worth it.

Now you can finally stop holding a grudge against that friend who thought a Mexico wedding was a good idea.

3. Secure $1 Million in Life Insurance for Just $5/Month

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Have you thought about how your family would manage without your income?

“The biggest mistake I see millennials making is being duped by insurance salesmen,” says Andy Yadro, a financial planner with Googins Advisors in Madison, Wisconsin. “Everyone needs insurance, but a very small subset of young people need the insurance that is sold by most ‘financial advisors.’”

You might still consider a basic life insurance policy, which can be useful if you have loved ones who rely on your income — a significant other, a child or even a relative you help out financially.

If you’re under the age of 54 and want to get a fast life insurance quote without the medical exam, pushy sales calls or even getting up from the couch, check out Bestow. The company is built around one concept — helping you get the term life insurance policy you want, simply and fast.

It just takes five minutes to answer some basic lifestyle questions, and you can get quotes for up to $1 million in coverage without a medical exam. If you’re approved, you can personalize your coverage to fit your budget. You can change or cancel your plan at any time.

4. Surprise Yourself with an Extra $1,857 in Savings This Year

We could all use some more money in our savings account, right? How about an extra $1,857? Yeah, right, you’re saying. Where am I supposed to get that kind of money?

You might already have it.

Yep. An app called Digit finds money you didn’t even know you had — and automatically tucks it away into your savings.

Using Digit, personal finance editor Matt Wiley was able to save $1,857 in a year without even thinking about it.

“It feels weird saying I saved, because I really didn’t do anything,” he says.

Digit takes a look at your spending patterns and tells you exactly how much you can afford to put away. It knows when to save and when to slow down so your funds don’t get too low. Have rent due soon? It’ll go easy on you. Just got paid? Sweet, let’s tuck some of that away.

To start, download Digit and connect your checking account. From there, it’ll get to work. Your first 30 days are free, then it’s $5 a month. Not bad, considering how much it’ll help you save.

Now all you have to do is sit back, relax and watch that savings account grow.