Even if you only spend a minute or two reading this, we truly believe the tips below have the potential to change your financial life.
Here at The Motley Fool, we’ve been helping people grow their wealth since 1993. Below we share some of the most common mistakes that we’ve seen from Americans over nearly three decades, along with top money tips used by millionaires to get rich.
Let’s get to our top money tips for 2025.
1. Pay 0% credit card interest into 2027 (seriously)
One of the smartest things you can do for your finances is to simply avoid paying credit card interest. Amazingly, it’s now possible to pay 0% interest into 2027 – but only with a select few cards.
The Wells Fargo Reflect® Card (see rates and fees) is one of those cards. It was named by our experts as the best 0% intro APR card of 2025 -- and it’s not hard to see why.
You’ll pay 0% intro APR on both purchases & qualifying balance transfers for a whopping 21 months from account opening. The go-to rate (17.24%, 23.74%, or 28.99% Variable APR) applies after the intro period.
Whether you want to pay an introductory 0% APR on new purchases or have an existing balance to transfer, it offers among the longest 0% intro APR periods we’ve seen for both. Simply put, if you're looking to avoid credit card interest for the longest time possible (and who isn't?), then it's hard to beat this card.
2. Earn a higher savings rate on your cash
If you have your savings at a traditional brick-and-mortar bank, you’re likely earning almost no interest on your money. The average savings account currently earns barely over $4 per year on every $1,000! You can do better than that.
American Express® High Yield Savings Account's 3.50% annual percentage yield (APY) (as of July 24, 2025), is easily one of the highest rates we see right now -- way higher than the national average! And while that APY may not sound like a lot, it could easily add up to thousands of additional dollars over a lifetime vs. a traditional bank savings rate. Plus, this account is FDIC insured to at least $250k just like savings accounts at traditional banks, so your money is safe.
These are all reasons why I moved my savings to a high-yield account years ago and haven’t looked back -- it’s a no-brainer. And it only takes a few minutes to open an account.
3. Switch to a top online stock broker
Once you've made the smart decision to start investing for your future, you'll need to pick the right online stock broker. Our experts have spent hundreds of hours rating and reviewing the top online stock brokers so you don't have to.
These top brokerages will help guide you through how to start investing, and here's the really good news: Some are offering big-time incentives to open an account! So even if you already have an online stock broker, it could really pay to switch.
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