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Help your friends build wealth

todayFebruary 8, 2024 58 15 5

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Help your friends build wealth

Help your friends build wealth

Here are four ways you can build wealth using the STASH app:

  1. Investing in Stocks and ETFs: STASH allows you to invest in individual stocks and exchange-traded funds (ETFs) with as little as $5. You can choose from a variety of investment themes and industries based on your interests and risk tolerance.
  2. Automatic Investing: Set up automatic transfers from your bank account to your STASH account regularly. This feature can help you build wealth over time by consistently investing a portion of your income.
  3. Retirement Planning: STASH offers retirement accounts, such as Traditional and Roth IRAs, which can help you save for retirement while potentially benefiting from tax advantages. You can invest in a mix of stocks, ETFs, and other assets within these accounts.
  4. Education Savings: If you’re saving for education expenses, STASH offers custodial accounts (UGMA/UTMA) that allow you to invest in a child’s future education. These accounts can be used to save for college or other educational expenses.

The STASH app can potentially help the sELAH rADIO Network in several ways, especially in terms of managing finances and investments for the network’s operations:

  1. Budgeting and Expense Tracking: STASH offers tools that can help the sELAH rADIO Network manage its budget and track expenses. This can be useful for monitoring and controlling costs related to broadcasting equipment, studio maintenance, marketing efforts, and other operational expenses.
  2. Investing for Future Growth: Through STASH, the sELAH rADIO Network can invest any surplus funds to potentially generate returns over time. These returns can be used to further expand the network’s reach, improve production quality, or invest in new initiatives.
  3. Retirement Planning for Staff and Contributors: If the sELAH rADIO Network has employees or contributors, STASH can be used to set up retirement accounts (e.g., Traditional or Roth IRAs) for their long-term financial security. This can be a valuable benefit for staff members and contributors.
  4. Educational Savings for Staff or Community Programs: If the sELAH rADIO Network is involved in educational programs or has staff members pursuing further education, STASH’s custodial accounts (UGMA/UTMA) can be used to save for these purposes.
  5. Financial Education and Resources: STASH provides educational content and resources on personal finance and investing. sELAH rADIO Network can leverage these resources to educate its audience on financial literacy, which aligns with its mission to empower and educate through Christian programming.

Each person who joins Stash with your unique link and adds cash to their personal investment or bank account will earn $20 of bonus stock. The sender may receive additional compensation if they participated in the Stash It Forward Referral Bonus Program. You and your friend may also have the option to claim a $20.00 cash reward instead. By accepting an offer to earn a stock reward you are deciding to invest in that specific underlying stock and you agree that it is your responsibility to review and carefully consider the stock, before choosing to accept a stock reward. Neither the Referral Program nor the stock available to be earned through it is a recommendation to buy any such stock. The value of any stock reward you receive may fluctuate over time due to various factors. Investing Involves Risk. Any account created via this referral link will have its bonus expire 90 calendar days from the date that the recipient creates their account. When your bonus is ready, we’ll send a notification and you should see it in your Invest Account. For further questions, feel free to reach out to our team via the Help section in Settings. The maximum amount of cash bonuses you may receive under the Program is $1000.00 per calendar year.

** It’s important to research and understand the risks associated with investing and consider consulting with a financial advisor if you’re unsure about your investment strategy.

 

Written by: Sam Lopez

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