#118: 5 Smart Ways to Leverage Extra Money

You were blessed with extra money – how exciting!

Maybe it was an unexpected bonus, commission check or tax refund.

However the extra money came your way, you want to be smart with it.

I don’t know about you, but extra money doesn’t always fall into my lap, so when it does, I plan to make the most of it.

In this episode, I’m sharing 5 smart ways you can leverage extra money that comes your way.

Use this extra money as an opportunity to level up your situation!

Here’s a glance at this episode:

  • [01:35] At the end of the day, anything extra is something to be grateful for. Having that grateful mindset will take you far in your finances.
  • [04:00] It’s not fun, but using extra money to knock out debt will help you save so much money, especially if you’re charged interest.
  • [07:44] You should have your savings in a High Yield Savings Account. Raya shares how to learn about her own savings account strategies.
  • [12:10] Working with a coach or a trainer is not the only way to invest in your success. There are a variety of ways you can use your money to level up.
  • [15:55] If you decide to loan people money, make sure it’s actually helping and not hurting.

Rate, Review, & Follow:

Did you love this episode? Are you a fan of the City Girl Savings podcast? If so, please consider rating and reviewing the show!

This helps spread the word about City Girl Savings, and hopefully helps more people make the best money moves possible on the way to their dream life!

To leave a review on Apple Podcasts, click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode!

Also, please make sure you’re subscribed and following the City Girl Savings podcast on Apple Podcasts, Spotify, and YouTube!

Resources mentioned in this episode:

Listen to Episode 76 – My Savings Accounts and Strategies

CGS Blog Article – Breaking Down My Savings Accounts and Strategies

Listen to Episode 71 – 7 Ways to Invest in Your Personal Success

Sign up for the Introduction to Investing Workshop

Learn about Raya’s Financial Focus Coaching Program

Follow City Girl Savings on Instagram, YouTube, and TikTok

Join the City Girl Savings Facebook Group

Subscribe to the City Girl Savings Newsletter!

Watch this Episode on YouTube!

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