--- title: '5 Things to Do With Your Savings in 2026 (Very Important!)' source: 'https://youtube.com/watch?v=9p_UzMhn730' video_id: '9p_UzMhn730' date: 2026-08-23 duration_sec: 624 channel: 'Personal Finance Circle ' --- # 5 Things to Do With Your Savings in 2026 (Very Important!) > Source: [5 Things to Do With Your Savings in 2026 (Very Important!)](https://youtube.com/watch?v=9p_UzMhn730) ## Summary This video offers practical financial advice for 2026, focusing on what to do with your savings. The creator outlines two actions to avoid and five recommended steps, emphasizing debt elimination, investing, emergency funds, self-improvement, and goal-oriented spending. ### Key Points - **Five things to do with savings in 2026** [00:14] — The video will present five recommended actions for savings in 2026, preceded by two things to avoid. - **Avoid leaving savings in the bank** [00:28] — The first thing not to do is leave savings idle in a bank account, as it does not grow your money. - **Avoid unnecessary spending** [01:22] — The second thing to avoid is spending savings on unnecessary items, especially for younger viewers who should focus on using savings wisely. - **Eliminate all debt** [02:04] — The first recommended action is to pay off all debts, especially high-interest loans from loan apps, to achieve peace of mind and financial freedom. - **Grow money through investing** [03:08] — The second action is to invest savings in various vehicles like mutual funds, crypto, index funds, and real estate investment trusts to generate passive income. - **Introduction to Groy budgeting app** [04:11] — The creator promotes 'Grow', a budgeting app being built to help users track income and expenses, offering free money tips and investment ideas. - **Keep emergency savings** [05:32] — The third action is to set aside a portion of savings in an interest-bearing account for emergencies only, and to add to it over time. - **Invest in yourself** [06:24] — The fourth action is to invest in self-improvement, such as taking courses, learning digital skills, and building a network, to increase earning power. - **Use savings to achieve goals** [07:43] — The fifth action is to use savings to achieve meaningful goals like buying a car or upgrading gadgets, but only after ensuring stable income and investments. ### Conclusion The video emphasizes that savings should be actively managed to eliminate debt, invest, build emergency funds, invest in personal growth, and achieve meaningful goals. The key is to use savings to improve life quality and earning ability. ## Transcript echo. In this video, I'm going to be talking about one of the biggest money questions that people always have. And what is that question? The question is, what should I actually do with my savings? So, in this video, I'll be giving you five things you should do with your savings in 2026. Before I go ahead with this five things you should do with your savings in 2026, please I quickly want to talk about two things you should not do with your savings in 2026 because I think these two things I want to talk about quickly are also as important as the five things I'll be mentioning later in this video. So please make sure you watch this video to the end and watch it patiently so that information. Now the first thing you should not do with your savings in 2026 is that don't leave your savings in the bank. Again, don't leave your savings in the bank. Now you see I'm sure you must have saved so much amount of money this year um in 2025. So it would definitely be bad of you to now just take all of that money you saved and then go and leave it in the bank doing nothing. No, that is very very wrong. That should actually be a great personal financing. So please don't leave your savings in the bank. Use your savings for something video is all about. So, please keep watching so that you can see the meaningful things you can do with your savings in 2026. Now, the second thing you should not do with your savings is don't spend your savings on unnecessary amount of money this year and you are looking to spend that money quickly. But if you are still young and maybe you're in your 20s or even maybe your 30s and you still have so many things to achieve in life, please focus on using your savings the right way. Don't spend it on unnecessary things. So now that you should not do with your savings, now what are the five things you should actually do with your savings in 2026? Now before I go into that, please don't subscribe to our YouTube channel. We have different videos that can guide you money, and how to multiply your money. the right way. Now let's go on. Now the savings in 2026 is to eliminate all debt. Now you see um if you have borrowed money from someone this year or maybe from any loan app this year and you have not paid it back, please better go and pay it back. Don't enter 2026 with debt on your head. If you have enough in your savings, just simply take you can't pay all your debt, at least try to pay some part of it. It is very very important. And this one action alone can actually give you peace of mind in 2026. And if you have loans, especially from all those wicked loan apps with high interest rate, I think paying off those debt should be your top priority for you in 2026. I hope you understand. So again, use part of your savings to pay down this debt so that you can focus on spending your money in the right way and even investing your money with peace of mind in 2026. Because don't let me lie to you being debt free is one of the best financial feelings in the world. So please make sure you take this really really serious and talking about investing this what will take me to the second thing you should do your series in 2026 and that is to grow your money through investing. Now you see this is where your money working for your money. So now that you've saved maybe maybe so much amount of money in 2025 you can simply just take part of that money and put into different investment. Now this one does amount of money in your savings that's when you should invest even if you have small just take a little of that money and put in different investment and this will now allow you to have multiple ways to make passive income for yourself in 2026 and you have different investment that you can put your money into. You mutual funds. You have crypto. You have index funds and you have maybe real estate investment trusts are also there. You also have other high yield investment that you can put your money into. And these are investment that can consistently. And in case you are new to investing, you don't need to start with huge amount of money too. Just start by investing some amount of money and focus on using beginner friendly apps or platforms to invest your money. And in have videos on the different apps that you can use to invest your money. Um the will be in the comment section below or you can just ask for it in the comment with the links to this videos. Now before I go to the third thing to do want to talk about Groing. You can see it right here. Because I'm sure a lot of is all about because I'm sure you've been seen it in my recent videos. So, Gro is basically a budgeting app that my team and I are currently building to help you grow your finances in 2026. And what you use the app to do is that you expenses and your income. So, you basically create a budget on the app, track your income and expenses. And at the end of every month, we send you a report of how you spent your money and how you made your money that month. And this can help you to make better money decisions the following month. And aside from all of these things, we give you free money tips, uh free business ideas, free investment ideas, and every other thing you need to be able to make more money in 2026. So, we is not about budgeting alone. We are also focused on helping you make more money in 2026. And you're getting all of these for free on the Groy app. So, if you want to check out what Gro is all about, please click this video or check the link in the pinned comment of this video to join the wait list for Groy. Now growing will be launched in 2026 and we will definitely notify you once the app is ready. Thank you. Now let's go on with the video. Now the third thing you should do with your savings in 2026 is to keep some part of it for emergency. Now you see this one is for you if you don't have maybe any emergency savings. Now what I would advise you to do is to take some part of your savings from 2025 and keep it in an account where it will be getting interest and just leave it there. Now what is the purpose of this money? Now the purpose of this money is only for emergencies. So what it means is that you are not touching this money unless you have maybe any sort of emergency that you can't handle with your regular actually very important. And as you go on in the year, I would advise that you add more money into your emergency savings or your emergency funds and make it in any bank account that will not be getting interest. Put it in maybe a interest. I hope you understand. Now, the fourth thing you should do with your savings in 2026 is to invest in something most people will most likely overlook because a lot of people actually use their money for different things and they forget to actually invest in themselves. So, if you have saved money this year, please also take a portion of your savings to level up. Use it to level up yourself. And when I say level up, I mean you can take courses to improve maybe your skills or you can also use part of your savings to learn a skill, preferably a digital skill. And please focus on learning skills that will make you irreplaceable something you have maybe little more to become better. I hope you understand and here's why this matters. Now you see when you invest in yourself, you're actually increasing your earning power. That is you are increasing how much you can possibly make. So it is stop at investing yourself to learn skills. Also invest in your network too. maybe use part of your savings to like maybe attend events and join different communities or maybe even travel to have in your savings. And you can also use this to meet new people. And from there you can actually build relationships and connections. It's as simple as that. Now the fifth thing to do with your savings is to use your savings to achieve your goals. and do it wisely. Now, what do I mean by this? Now, you see, you can actually use your savings to achieve your goals or maybe to reach um those milestones you've been wanting to reach or those things you've been wanting to um achieve. Now, what do I mean by this? Now, maybe, for example, maybe to actually make your transportation easier or maybe you've been trying to save money to move into a new apartment or maybe your own maybe you've been saving for maybe a new phone or maybe a new laptop for your business. These are not just like expenses. These are actually good goals saved so much amount of money for them, then please go ahead and make that you need to take note of when you're trying to do this. You need to also set your priorities right now. You see, if you are buying a car or maybe before you even buy a car, ask yourself, do I have a steady income source that can cover the maintenance of owning a car? Maybe for things like um the foil, the maintenance of the car itself, and maybe all the expenses that come with owning a have I already started building my investment. Now if the answer to all of these things is yes then go for it. You can buy a car because a car can actually save you time and even open up new opportunities for you. So if you have all of these things settled already, a car is not a liability for you. A car is a necessity for you. But in case you are still trying to figure out your income investing at all, then please hold on concerning getting a car. Because for example for myself before I got my first car I made sure the amount of money I had in my investment was like times four or even times five of the amount I bought. So please make sure that you have so much money in your investment or of income before you go ahead and get a car. And maybe if you're a content creator or maybe a freelancer or even a business owner who relies on your phone or your laptop to make money then things like maybe upgrading your gadget is like investing in your business. And the rule is actually simple. Make sure you use your savings to achieve goals that either improve the quality of your life or increase your ability to earn more money. So, it's as simple as that. So, things you should do with your savings in 2026. And please don't forget to join just click the first link in the description of this video or click the link in the pinned comment of this video. Again, droning will be launched in 2026 and will definitely notify you once it is ready. And you can actually share the link with your friends too so that they can also join the weight list. helpful, please don't forget to like this video, subscribe to our YouTube your friends. Thank you for watching. your friends. Thank you for watching. I'll see you in the next one. Bye.