The most important thing when thinking of what to do with a thousand dollars is to think long term. A thousand dollars is a good sum of money which if utilized correctly could reap immense benefits that could last for a long time. What better way of securing a bright future than investing in education? Education goes a long way in empowering us to achieve our dreams. Education may not be the only way that we can make it in life, but it is the safest bet.
The way salaries are being paid in the current job market is very logical. The more educated you are, the higher your job group and the more you earn. Education however should not be seen as an avenue of getting into formal employment. We can also get empowered with the relevant skills and knowledge to start up a business in our preferred area of training. Investing in education is what to do with a thousand dollars.
For parents, what better way to secure your child’s future than investing in their education? Give your children a wonderful gift by setting up an education savings fund for their high school or college schooling. Such funds normally attract very generous tax incentives. We shall be paid back handsomely when the kids are all grown up and successful. The question what to do with a thousand dollars should not be a hard nut to crack; invest in education and secure the future. This will be a good decision, it will be the best one you could have made!