They say that money doesn’t grow on trees. In truth, however, there are ways to make free money with little to no risk on your part. You just need to know where to look and how to apply your current cash wisely.

If you’re not sure where to start, you’ve come to the right place. Let us show you how to make a bucket of free money with no risk right now!

Put Money in High-Yield Savings Accounts

High-yield savings accounts are some of the best means to make free money with barely any effort on your part. These aren’t investments like many of the tips below. Instead, savings accounts are simply places where you save your money for a rainy day.

But high-yield savings accounts have higher than average interest rates. That means, of course, that you’ll make more money by putting your funds into high-yield savings accounts compared to standard savings accounts. Try to sign up for a local bank or credit union that offers these savings accounts to take full advantage of them.

Invest in Safe Funds

Now it’s time to look at investments. Safe funds, like mutual funds or ETFs used by retirement groups, are great places to put your money if you want to earn free cash easily with little to no risk. After all, there’s a reason why people use these funds for their retirement savings!

If you don’t know where to look, ask your employer if they have a 401(k) matching program. Put as much money as you can into the program and you’ll make free money over time.

Invest in Money Market Funds

If you want to take a more active hand in your investments, look into money market funds. Money market funds are essentially pools of certificates of deposit or CDs. They also include short-term bonds and low-risk investments.

Investing in money market funds is a good idea since they are liquid, so you can take out your funds whenever you like without having to pay a fee or otherwise be penalized. It’s a great investment if you want to make free money but still have your cash on hand if you need to pay for an unexpected expense for an emergency, like a car repair or a medical bill.

Take Advantage of Treasury Bills and Bonds

Then there are treasury bills and bonds. The US treasury is the overall safest group to invest with for obvious reasons. Therefore, you can purchase treasury bills, bonds, notes, and treasury-inflated protected securities or TIPS.

All of these financial instruments can be purchased, after which point you have to wait for them to “mature.” When they mature, you’ll make a little extra money compared to what you put in. Treasury bills mature in just one year or less, while treasury bonds mature over 30 years.

Again, this is a good long-term investment strategy if you want to make free money with no risk, as there’s no chance of the US government defaulting on its debts anytime soon!

Research Dividend-Paying Stocks

If you’re talented at moving money around, consider researching and investing in stocks that pay dividends to investors. This does require a lot of research on your part. But with the right preparation, you can invest in relatively low-risk stocks and earn regular dividends based on the performance of the stocks’ associated companies.

Alternatively, you can put your money in an ETF or exchange-traded fund and let stock trading experts do the work for you. In any case, investing in the stock market is arguably the most straightforward way to make free money with no risk!

Use Special Offer Cards

But the stock market isn’t the only place where you can make free money with little to no risk. In fact, Cash App offers the chance for you to make free money with no strings attached if you use the Yotta debit card.

In a nutshell, use this debit card by linking it to your Cash App account, then make a purchase at a regular retailer as you would anyway. With this system, you have a chance for every transaction to be immediately refunded to your account; how neat is that?

This is just one example of special offer cards you can find and take advantage of. When you sign up for a new credit or debit card, be sure to read the fine print to see what special offers those cards provide, such as cashback points, cash rewards, and other ways to earn free cash.

As you can see, it is indeed possible to make free money with no risk (or little risk). If you’re strapped for cash, build up a small nest egg before taking advantage of these tips. That way, you’ll be able to make more money in a shorter time frame.