5 Best Ways to Make Your Money Work for You [2024]

5 Ways to Make Your Money Work for You

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Hey friend,

I recently posted this on X:

As you can see, this post gained a lot of attention.

But here’s the thing…

I had several people ask me:

"Fiona, how do I make my money work for me?"

Great question.

Want to know my answer?

Keep reading.

In this article

How to Make Your Money Work for You

If you want to get rich, you need to make your money work for you.

This is something I learned during my 7 years in Wealth Management.

And after working with 453 millionaires…

And spending thousands of hours studying their habits…

I realized they all had one thing in common:

They NEVER let their money sit idle.

What do they do instead?

They ALWAYS put their money to work.

So, how do you make your money work for you?

Here’s how:

1. Invest in Real Estate

Did you know 90% of all millionaires become so through owning real estate?

Millionaires invest in real estate because it provides several benefits.

Some of those benefits include:

  • Tax advantages
  • Protection against inflation
  • Passive income generation
  • Profits from property appreciation

The best part?

Anyone can invest.

You don’t have to be a millionaire to start investing in real estate.

In fact, you can earn passive income with a $100 investment on platforms like Arrived.

And it’s completely free to sign up!

Even Jeff Bezos (the richest person in the world) invests in Arrived.

But remember, real estate is illiquid and a long-term investment.

So if you want to build wealth over time, real estate might be for you.

2. Invest in Fine Art

What do Brad Pitt, Beyoncé, and the millionaire next door have in common?

They invest in fine art.

Fine art can provide:

  • High returns
  • Low volatility
  • Access to all investors

In fact, the art market has outperformed the S&P 500 by 165% in the past 25 years.

Contemporary Art Market Performance vs SP500 1995-2021

 Now, I know what you’re thinking:

“I don’t have $30M to drop on a Picasso painting.”

Well here comes the good part:

You don’t need to be ultra-wealthy to invest in fine art anymore.

Thanks to Masterworks, anyone can buy fractional shares of million-dollar artwork.

So if you want to own a piece of artwork valued at $30M+, now is your chance.

Just remember that fine art is a long-term investment.

3. Invest in Bitcoin

Bitcoin is one of the best-performing assets of the decade.

In fact, Bitcoin had a 156% return in 2023 and a 57% return so far this year.

And it gets better:

There are over 88,200 crypto millionaires worldwide with the majority holding Bitcoin.

Bitcoin can provide:

  • Transparency
  • Diversification
  • Decentralization
  • Significant returns

But beware:

Bitcoin is extremely volatile and there is no guarantee that it will continue to appreciate.

So only invest as much as you are comfortable losing.

You can start your Bitcoin journey with just $10 on platforms like Kraken.

Kraken is one of the largest and oldest Bitcoin exchanges in the world.

It also provides low fees, multiple funding options, and high-security standards.

Just remember to always do your research before you invest.

4. Invest in Farmland

Farmland is one of the best ways to make your money work for you.

In fact, farmland has outperformed most major assets for over 30 years.

Farmland investments have:

  • Low fees
  • Low volatility
  • Passive income generation

And it gets better:

Farmland appreciation and income have tripled since 2000.


Because of a growing population and a shrinking land supply across the US.

Not only that, but farmland’s average annual return is comparable to that of stocks:

farmland average annual return

 So how exactly do you invest in farmland?

With platforms like FarmTogether.

FarmTogether is one of the leading farmland investment platforms with over 1.8k clients and $189M in AUM.

But remember, that farmland is illiquid and a long-term investment.

5. Open a High-Yield Savings Account

Inflation is a silent wealth killer.

It hides in plain sight and constantly diminishes the value of your money.

So how do you combat inflation?

By stashing your cash in a HYSA.

(Aka a high-yield savings account).

HYSAs can provide:

  • Liquidity
  • Passive income
  • Low (or no) fees

How do you open a HYSA?

Here’s how:

  1. Go to Raisin (I use Raisin myself)
  2. Select one of the available savings accounts
  3. Open your savings account
  4. Stash 3 to 6 months’ worth of living expenses in your savings account

The best part about this strategy?

Not only do you get:

  • Zero fees
  • FDIC insurance
  • 24/7 access to your funds
  • Availability in 30+ countries

But with the current interest rates, you can also get over 5% APY.

A 5% rate on $10,000 of cash would earn you $500.

For doing absolutely NOTHING.

Talk about making your money work for you!

How to Maximize Your Money Making Capability

Making your money work for you is one piece of the puzzle.

To get rich, you need to think and act rich.

If that’s your goal, there are 9 things you can do to speed up the process.

Here they are:

  1. Develop a rich mindset – To change your reality, start by changing your mentality.
  2. Track your money – Use tools like my free budget spreadsheet to track your income and expenses.
  3. Pay off bad debt – Bad debt robs you of your freedom and makes it impossible to build wealth. Pay it off ASAP.
  4. Create an emergency fund – Save 3 to 6 months’ worth of your basic monthly living expenses in an emergency fund. If you want to be like the pros, stash your emergency fund in a HYSA.
  5. Build multiple income streams – If you rely on ONE income source, you’re one step away from being broke.
  6. Automate your finances – Automation simplifies your life. Set your bill pay to auto-pay. Set your investment contributions to a recurring schedule.
  7. Increase your income – Ask for a raise. Switch companies. Start a side hustle. Build a business.
  8. Save & invest more – The more you save & invest, the faster your wealth will build.
  9. Invest in yourself – Read books. Take courses. Exercise daily. The highest return on your investment will be when you invest in yourself.

Closing Thoughts

Making your money work for you is one of the most powerful wealth hacks.

If you want to get rich, never let your money sit idle.

Put your money to work now.

And always remember to do your research before you invest.

Your bank account will thank me later.

That’s all for now!

Your friend,


PS: When you’re ready, here’s how I can help you…

• Read my best-selling books

• Take my best-selling courses

• Join the Modern Wealth newsletter (100% free)

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