Start A Side Hustle

If investing in securities is not your thing, starting a side business a good thing to use your $1000. Especially in the midst of the COVID-19 pandemic, many people were forced out of their jobs because of either lack of demand or severe restrictions in place. As such, many have turned to start side hustles to make ends meet. Some end up becoming hugely successful in the process.

Initially, you should expect your business to be quite smaller than typical businesses with hundreds of thousands of dollars in capital. However, you can easily scale up your enterprise once profits come in. You can return those profits, along with additional money, as investment, which can eventually snowball into even greater profits and expansion of your business.