Got $10? Here's How to Make it Work For You!

If you’re looking at $10 and wondering what you can possibly do with such a small amount, you’re not alone. Many of us think that big financial growth requires big investments, but that’s not the case. Even a modest amount of money, when used wisely, can start to grow. Whether you're saving, investing, or starting a side hustle, there are plenty of ways to make your $10 work harder for you. Here’s how you can turn that $10 into something more valuable.

• Invest in Yourself - Consider using your $10 to learn something new. Whether it’s a course on Udemy, a self-help book, or a financial literacy workshop, educating yourself is an investment that pays off over time. You can build skills that lead to better job opportunities or more income-generating ideas.

• Start a Side Hustle - With $10 to $20, you can kick off a small side hustle. Think about flipping items from thrift stores or garage sales on online marketplaces like eBay. A small initial investment in an item can lead to a nice profit if you find a great deal.

• Micro-Invest in Stocks - While $10 isn’t enough for a big stock portfolio, it’s a great starting point for micro-investing. Platforms like Robinhood or Acorns allow you to invest small amounts into stocks or ETFs. Over time, these small investments can grow.

• Save and Build - Sometimes, the best thing to do with $10 is simply to save it. Setting up an automatic savings plan with that $10 a week adds up quickly. You can also set it aside for an emergency fund or a future investment.

• Peer-to-Peer Lending - Websites like LendingClub.com allow you to lend your money to others in exchange for interest. For as little as $10, you can begin participating in peer-to-peer lending, earning a return as people pay back their loans.

Note: LendingClub, established in 2007, is a reputable financial institution that has facilitated over $90 billion in loans. FDIC-insured and regulated under federal banking laws, it offers a secure platform for borrowers and investors. While many customers report satisfaction, some express concerns about origination fees and approval processes. Always review terms before proceeding.