Heartland on FIRE

With summer at its peak, Mrs. Heartland on FIRE and I are stepping out for a few days for a little travel. In the meantime, the folks over at Club Thrifty offered to help with a post while we are out and about.

Don’t know much about Club Thrifty? Swing by their site and see for yourself, but in their own words: Stop spending. Start living. ClubThrifty.com helps you afford travel through sound money management, lifestyle hacks, and credit card rewards. Design the life of your dreams, travel without guilt, and have cash to spare.

Sounds good to me. Anyways, without further adieu, take it away Kate!

via GIPHY

For kids, dropping coins into a piggy bank is a good way to start saving money. As adults, however, we need to find places where we can keep a serious stash of cash!

Sure, investing in a company retirement plan or your Roth IRA is an important piece of your financial puzzle. But maybe you’ve already maxed those out and it’s time to explore other options.

Unfortunately, stowing your money under a mattress until you’re old and gray isn’t the answer. It won’t grow, which – because of inflation – means you’re actually losing money by keeping it “safe”.

If you’re looking for a short-term investment, however, the stock market may not be your best choice, either. Because stocks are susceptible to wild short-term swings, they are usually a better long-term play.

So, what’s the happy medium between those extremes? Whether you need quick and easy access to your money or you plan to leave it invested for the long haul, here are some great stock market alternatives to consider.

[Read more…] about 4 Places to Stash Your Cash That Aren’t Stocks