If youre trying to build wealth, you wont have much luck with todays measly interest rates.
Like, 1 in 300 million slim.
But are there any other options that dont require a huge buy-in?
Yes, there totally are, and one of them is a free banking app called PrizePool.
Just for using the account.
Unlike playing the lotto, you dont stand to lose anything.
Not to mention your odds are way better.
WithPrizePool, you actually stand to get rewarded just for building your own savings.
Once you open an account, every dollar you save earns you entries into the weekly drawings.
So the more you save, the better your odds.
A PrizePool account also earns you 0.30% interest (way better than the national average.)
So how does PrizePool work, exactly?
When youdownload the free app, youll connect your existing bank account and make a deposit.
It uses Plaid, a Visa company, to ensure your information is safe and secure.
Plus, your deposits are FDIC-insured.
Our team has compiled alist of creative waysyou can fatten your bank account this week.
This is a long list, so dont get overwhelmed.
Well keep it updated as offers changes or expire.
So if you have $100 in your account every day in April, youll have 3,000 tickets.
Then, every Friday, PrizePool enters your tickets into its drawing.
(The more tickets you have, the better your chances of winning!)
You could win any amount from 20 cents to $25,000.
It gives away a combined total of $50,000 in cash prizes.
Unlike the Powerball tickets you keep trying your luck on, theres no buy-in or fees.
Did you know?
Kari Faber is a staff writer at The Penny Hoarder.
She wonders how Scrooge McDuck never broke a bone diving into all those gold coins.
(Can you sense my millennial sarcasm there?)
You know which ones were talking about: rent, utilities, cell phone bill, insurance, groceries…
