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Instructions

1

Place your money on the deposit in the bank. When choosing an institution that you trust your savings, you need to consider some factors. Surely you are trying to put money at as high as possible. Be cautious, because tempting financial conditions can be offered by unreliable banks. Of course, your contribution will be insured by the state. But keep in mind that the insured amount does not exceed 700 000 rubles. That is, if your bank goes bankrupt, the rest of the sum will simply burn. In addition, you will not receive the promised interest for the placement of funds. Trust a bank with a good reputation. Some of them offer good rates.

2

Determine the optimal type of contribution. If you plan to replenish your account, choose a deposit with the option of adding. Pay attention to the presence or absence of interest capitalization. With this function, the interest is added monthly to the amount of your deposit. Do not forget to choose the desired deposit period. If your goal is to accumulate and multiply money, conclude a fixed-term contract with the bank, in which you can not withdraw funds without loss of interest. So you will not be tempted to spend money on satisfying your immediate desire.

3

Consider investing in stocks. If you do not have time to understand the intricacies of the investment market, use the services of a specialized company. For example, you can invest in mutual funds. At the same time, the financial specialist of the firm with which you conclude the contract, agrees to profitably place your funds in accordance with the level of risk and profitability that you choose.

4

Get interest by providing a loan. For example, you can borrow money from someone you know to expand your business. Among the points to which you should pay attention in this case, the first place is the reliability of the person and the value of interest. It should be no less than 15-20% per annum. At a lower rate, you do not need to take risks.