How can my money grow as I’m saving up for my first purchase?

[Kristian A moreno]

Hey BP Community! I just finished reading Rich Dad Poor Dad, and I’m more motivated than an ever to make my first purchase. I’m looking for my next book now! So this month I’ll be debt free, and I’ve been thinking about how I’m going to save money for my first purchase. I’m planning to save about 2,000 a month for one year. Now my question is, is there some sort of way that I can save money, and that money can somehow grow? If there’s a book that’ll assist with this, please mention it! Thank you!

[Joe Tomko]

@Kristian A moreno I personally invest in delinquent mortgage notes, on both sides of the coin. In my business, I find note deals, then others fund the deals. After the deal is done, we split the profits. I likewise use my IRA and solo 401(k) to fund deals others find. Again, when the deal is complete, we split the profits. A good win for me, for my retirement accounts, and for my investors.