But really,what can a dollar get youthese days?
A bag of chips?
A half-hour of parking?
Not a whole lot.
Or, at least thats what most of us think.
Whats the Best Way to Invest a Single Dollar?
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
Here are some inventive ways to invest one dollar:
1.
Cup of Coffee
Id buy a (cheap!)
cup of coffee for someone I admire and pick his or her brain for a half hour.
Serena Keith, Director of Product at LovelySan Francisco, California
Did you know?
Daisy Freund, Senior Manager of the Farm Animal Welfare Dept., ASPCABrooklyn, New York
3.
Newspaper
Not the tabloids, but a credible source of news.
Rob Friedman, Risk AssociateNew York, New York
4.
Ben Harrison, US MarineSan Diego, California
And now for responses from my friends and co-workers.
Lottery Ticket
To me, a scratch-off is the best way to invest a dollar.
How else can you spend one dollar and potentially instantly turn it into several?
Its just a dollar.
Savings
No one ever got rich by spending their money.
Jake Wallace, Regional Vice President atSteadfast Capital Markets GroupJersey City, New Jersey
7.
Two Stamps
Just this week I invested a dollar into twostamps.
I love my candy dish and the people that eat the candy in it.
Sam Hubbard, Coordinator of High Performance atUSA VolleyballColorado Springs, Colorado
9.
Ones Jar
Start a ones collection.
Youll be amazed how much you have after a year.
Matt Deitel, Financial Advisor at Wells FargoJonesborough, Tennessee
10.
Penny Slots
Try your luck at the penny slots.
If you come out on top, invest the money for afuture trip!
Evone Starks, Administrative Wine Buyer atThe Patio GroupSan Diego, California
11.
Kids
I would invest a single dollar between the two tiny humans wereraising to be money-smart.
Erin ONeill, Numbers and People Juggler Supreme at The Penny HoarderSaint Petersburg, Florida
12.
Mary Donofrio, Director of News and Media atUtica CollegeSyracuse, New York
13.
Into a Cup
Give it to a homeless person.
It will mean more to him/her and will give you the most satisfaction!
Luke Merriman, Black Cab DriverLondon, United Kingdom
14.
Bingo Card
Id buy a card at bingo next week.
If I win, awesome.
If I dont, at least I had fun playing andhanging out with friends!
Packet of Yeast
I lovebaking bread, so Id buy some yeast and make two delicious loaves.
Id give the finished product to a neighbor, friend or co-worker.
Relationships are the most important thing you could ever invest in.
Here at The Penny Hoarder, we firmly believe every dollar and every penny counts.
And these answers prove you caninvest in your futureno matter how much money you have.
Your Turn: How would you invest a single dollar?
Susan Shain, senior writer for The Penny Hoarder, is always seeking adventure on a budget.
Visit her blog at susanshain.com, or say hi on Twitter @susan_shain.
It sounds appealing right?
Check it out here!
