I am a Capricorn.

If you know this, everything I am about to say will make sense. Capricorns love money: we love making it, we love managing it and oh boy do we love spending it. As a self-proclaimed personal finance nerd it brings me great joy to share three simple tips to make your money work for you.

Ask for more. If you have credit cards, call to inquire about offers. Ask for a retention bonus every year to receive more rewards points, a statement credit or to waive your annual fee. Ask to decrease your interest rate if you have big purchases planned that you may carry a balance for. Remember that companies want your business, have them serve you!
Reward your wallet as you reward yourself. This is a huge one. It’s highly likely that your banking institution has “cash back deals” and other rewards that you are not using. Set aside a little time to go through and activate rewards on your account so you can earn money back as you spend. I love to add every retailer that I may use in the next few months just to get familiar with what’s available and if I do shop I’m attentive to which card to use. Deals will credit you back for buying anything from gas and groceries to luxury goods on LuisaViaRoma and Net-a-porter. This is an easy way to earn as your spend.
Save wisely. I will be the first to tell you, if your money is not in a high yield savings account you are missing out. Sure it’s convenient to bank with one institution but every dollar you have needs to be working overtime for you. A high yield savings account can (currently) offer around 5% APY which is no doubt far more beneficial than the dusty 0.1% any large bank can offer. Think of it like giving yourself a 5% bonus or raise - treat yourself.

These tips are not financial advice, just simple no-skill low-effort ways to enhance what you may already be doing. Have you tried any of these?

3 Ways to Make Your Money Work for You