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- 401(k) match. If your employer offers a match for your 401(k) contributions, this can be the easiest and most guaranteed way to double your money. ...
- Savings bonds. ...
- Invest in real estate. ...
- Start a business. ...
- Let compound interest work its magic.

- Tax-free Bonds. Initially tax- free bonds were issued only in specific periods. ...
- Kisan Vikas Patra (KVP) ...
- Corporate Deposits/Non-Convertible Debentures (NCD) ...
- National Savings Certificates. ...
- Bank Fixed Deposits. ...
- Public Provident Fund (PPF) ...
- Mutual Funds (MFs) ...
- Gold ETFs.

Use **the Rule of 72**

Simply divide your rate of return by 72 and the rule of 72 will tell you how long it will take. For example, if you have a rate of return of 10% annually. The rule of 72 would equate to doubling your money in 7.2 years.

The gains will continue to get larger because each year, money is made from the previous year's profits. With that **10 percent average annual return**, one can double their money in about seven years, Cramer said.

With an estimated annual return of 7%, you'd divide 72 by 7 to see that **your investment will double every 10.29 years**.

What is the 50-20-30 rule? The 50-20-30 rule is a money management technique that divides your paycheck into three categories: **50% for the essentials, 20% for savings and 30% for everything else**.

- Applied Materials (NASDAQ:AMAT)
- Coinbase Global (NASDAQ:COIN)
- Intel (NASDAQ:INTC)
- Altria Group (NYSE:MO)
- Novartis (NYSE:NVS)
- Pfizer (NYSE:PFE)
- StoneCo (NASDAQ:STNE)

- Invest in the Stock Market. When trying to learn how to double your money, investing in the stock market is the best way to increase your wealth over the long-term. ...
- Invest in Real Estate. ...
- Open a Savings Account. ...
- Invest in a Business. ...
- Pay Off Debt.

- Selling items online. You can start by selling your own possessions, like clothing or home goods, for a quick profit. ...
- Getting involved with affiliate marketing. ...
- Freelancing. ...
- Working a temporary job. ...
- Renting out a room. ...
- Enhancing your skills. ...
- Retail arbitrage. ...
- Domain name flipping.

The most basic example of the Rule of 72 is one we can do without a calculator: Given a 10% annual rate of return, how long will it take for your money to double? Take 72 and divide it by 10 and you get 7.2. This means, at **a 10% fixed annual rate of return, your money doubles every 7 years**.

- Develop a millionaire's mindset. ...
- Carefully watch your expenses (big and small) ...
- Try to max out retirement investment accounts. ...
- Increase your income to become a millionaire faster. ...
- Use your money to make money to become a millionaire easier. ...
- Avoid "lifestyle creep"

If you want to double your money in 5 years, then you can apply the thumb rule in a reverse way. **Divide the 72 by the number of years in which you want to double your money**. So to double your money in 5 years you will have to invest money at the rate of 72/5 = 14.40% p.a. to achieve your target.

These scammers will accept your funds and then never send you anything in return. If someone is promising you free money in return for sending them a payment, it is a scam. **There are no legitimate businesses that are “flipping cash**.” They are allmlikely scams.

If you don't use Western Union, you might not know this but the way it works is that if you send money through Western Union and your recipient never picks it up, the money comes back to you. Western Union doesn't keep it. And they darn sure **don't give it to random people to “flip” for** profit.

Doubling your money in 1 hour is a difficult task and often risky to do. However, you can double your money **by day-trading, flipping items, dropshipping, service arbitrage, and selling a high converting product**.

In general, trading on **Robinhood is not more risky than trading** on any other platform. However, Robinhood's margin trading feature is risky for the average investor. Trading with money that is not yours is very risky. If you borrow money and the share goes up, and you sell in time, you can make a big profit.

One of the best ways for beginners to get started investing in the stock market is **to put money in an online investment account**, which can then be used to invest in shares of stock or stock mutual funds. With many brokerage accounts, you can start investing for the price of a single share.

The best times to day trade

Day traders need liquidity and volatility, and the stock market offers those most frequently in the hours after it opens, from **9:30 a.m. to about noon ET**, and then in the last hour of trading before the close at 4 p.m. ET.

The Rule of 72 is a calculation that **estimates the number of years it takes to double your money at a specified rate of return**. If, for example, your account earns 4 percent, divide 72 by 4 to get the number of years it will take for your money to double. In this case, 18 years.

Most financial experts end up suggesting you need a cash stash **equal to six months of expenses**: If you need $5,000 to survive every month, save $30,000. Personal finance guru Suze Orman advises an eight-month emergency fund because that's about how long it takes the average person to find a job.

How much money should you have left after paying bills? This will vary from person to person but a good rule of thumb is to follow the **50/20/30 formula**. 50% of your money to expenses, 30% into debt payoff, and 20% into savings.

Taking those $750 surveys that send money to Cash App is a **legit way to get free money**. (which require you to complete 10 offers). The difference is that InboxDollars pays you to complete one offer at a time, and you can skip the ones you don't like.

- Refinance your student loans.
- Take online surveys.
- Lower your mortgage payment.
- Consolidate your debt.
- Get rebates from local retailers.
- $5 signup bonus with Inbox Dollars.
- Rack up some Swagbucks.
- $10 signup bonus with Ebates.