The ultra-wealthy have resources and connections that give them an edge—financial assistants tracking their money, insider access to deals, and the cash flow to seize every opportunity.
While most people don’t have a team managing their finances, there are still ways to adopt similar strategies and build long-term security.
Pro Tip: One proven way to hedge against recession risks and financial instability is by opening a gold IRA.
1. Earn more on your savings
The wealthy don’t let their money sit in low-interest accounts.
With financial advisors on hand, they’re more likely to move cash into high-yield accounts that maximize returns while keeping funds accessible. They understand that every dollar should be working for them, not sitting idle.
How You Can Do It: Ensure your savings and investments earn top rates.
Pro Tip: Earn as much as possible on your emergency savings. For example, SoFi Checking is offering 3.8% interest, plus a potential $300 signup bonus. (May change without notice.)
2. Don’t overpay for insurance
It’s unlikely the wealthy accept insurance renewal rates without a second look.
With the resources to compare plans and negotiate better deals, they’re more likely to get the best coverage for the best price.
How You Can Do It: Use comparison tools to find the best deal instead of overpaying.
Pro Tip: Use a car insurance shopping site and find cheaper insurance. You might save up to $600/yr.
3. Get expert investment advice
The ultra-rich aren’t guessing when it comes to investing.
With access to financial experts, they have customized strategies that keep their money growing efficiently.
How You Can Do It: Get matched with a vetted fiduciary for expert guidance.
Pro Tip: If you’ve got more than $100,000 in savings, get some advice from a pro. SmartAsset offers a free service that matches you to a vetted, fiduciary advisor in less than 5 minutes.
4. Leverage your home’s equity
Rather than relying on high-interest loans, many wealthy homeowners tap into their home equity to fund major purchases, investments, or renovations.
How You Can Do It: A home equity loan could be a smart way to access cash at lower interest rates if you own a home.
Pro Tip: A home equity loan is a great way to access fast cash. Take a minute right now and see how much you can get, how fast you can get it, and how little you’ll pay.
5. Outsource debt solutions
When the wealthy are in financial trouble, they probably don’t waste time stressing over it.
Instead, they turn to specialists who negotiate lower balances or create structured repayment plans.
How You Can Do It: If you have significant debt, getting expert help can make all the difference.
Pro Tip: If you have more than $20,000 in unsecured debt, get some professional help. National Debt Relief is a trusted source for free advice and assistance.
6. Protect your travel plans
Wealthy travelers don’t leave things to chance.
Whether it’s a last-minute cancellation, a medical emergency, or lost luggage, they likely ensure they’re covered.
How You Can Do It: Travel insurance is an easy way to protect your plans from unexpected costs.
Pro Tip: Travel insurance is a must to protect that expensive vacation. Here’s a list of the top travel insurers.
7. Avoid paying interest on debt
Instead of wasting money on high-interest credit card debt, the 1% likely use 0% APR offers to pay off balances strategically.
How You Can Do It: A well-chosen credit card can help you avoid unnecessary interest costs.
Pro Tip: Hands down one of the best cards of 2025: Get a 0% intro APR credit card and pay no interest until nearly 2027! Transfer your existing debt, pay it down faster, and enjoy stress-free spending.
8. Invest in protection plans
Many wealthy individuals make sure their cars and homes are covered by warranties instead of dealing with expensive repair surprises.
How You Can Do It: A solid warranty can save you thousands in unexpected expenses.
Pro Tip: Repair costs are skyrocketing. If you’re concerned about spending thousands on a car repair, consider the cost/benefit of an extended car warranty.
9. Diversify with alternative investments
Rather than relying solely on stocks, many of the 1% invest in alternative assets like real estate, gold, and fine art to hedge against market swings.
How You Can Do It: Adding alternative investments to your portfolio can help you build long-term wealth.
Pro Tip: Explore diversification options like precious metals investments, with opportunities to receive up to $15,000 in free metals through qualified purchases. If you’re over 50 and curious about investing in gold, now is a great time to get your FREE 2025 Gold Information Kit and protect your future with physical precious metals!
The bottom line
The wealthy rely on strategic decisions to grow and protect their money. While they have advisors and exclusive opportunities, many of their tactics—like smart investing, minimizing taxes, and increasing income—are available to everyone.
Boosting earnings is a key part of wealth-building. Finding new income streams can accelerate financial growth and create more opportunities for long-term security.
Pro Tip: Earn extra income with part-time or remote work. FlexJobs lets you browse and apply to verified jobs worldwide.
