The recent COVID-19 pandemic had an effect on most people around the world—not just physically and mentally but also financially.

While many in the lower and middle classes experienced significant financial hardship, wealthy people combatted any kind of financial strain by doing what they’ve always done—they made smart financial decisions and made their money go as far as possible.

But they didn’t do anything that you can’t also do. Here are8 things wealthy people did with their money during the pandemic.

1. They Protected. You Could Also leave Your Family Up To $1.5 Million

One of the smartest money moves you can make is to protect your family’s financial future. Many people underestimate how much money is needed to provide for their families after they die. This is why life insurance is a must.

The older you are, the more expensive life insurance becomes. And because today is the youngest you’ll ever be, there’s no better time than today to get a life insurance policy.

Plus, with a company like Bestow, you can actually lock in your rate. As you age and your health declines, you’ll get to keep paying that same low premium.

Bestow’s policies start from as little as $16 a month, and you can get a quote in minutes — without providing a medical exam or filling out paperwork!

And with coverage of up to $1.5 million, you can leave your family with a significant amount of money after you pass.

Get your free quote from Bestow today and make sure your family’s future is secure.

2. They Didn’t Overpay. You Can Potentially Save Hundreds on Car Insurance Through This Site.

While auto insurance is a necessity, it can also be pretty expensive. But it doesn’t have to be — you might be able to save hundreds on your auto insurance this year.

Let EverQuote tell you in two minutes if this is possible. This site will return multiple auto insurance quotes for you to compare in one place.

That’s a lot of time you’ll save. Just fill out a quick questionnaire.

If you find cheaper insurance than you currently have, EverQuote can help make the switch super easy.

It might save you hundreds of dollars a year.

See your rates now.

3. They Invested. You Can Use This App to Start With $5 Today.

The historical stock market average return is 10%, beating out any type of savings account.

Think you need to be wealthy to invest in the stock market? Think again. Today, you can invest with almost any amount — even $5!

That’s all it takes with Stash. This app was built to make investing easy and allows you to even invest in fractional shares if you’d like, so you can buy small pieces of your favorite companies — Apple, Amazon, Tesla, you name it — with as little as five bucks.

By creating a portfolio and funding it with at least $5, Stash will even deposit a $5 welcome bonus right into your new account.

Stash provides tools and so much more for all levels of investing needs.

To get started, sign up for Stash today and make your first deposit!

4. They Saved. You Can Potentially Save Thousands on Your Mortgage With This Simple Move.

Your house is probably your biggest investment, which means it’s also one of your greatest opportunities to save money.

By refinancing, you could potentially save thousands of dollars on your house. Here’s how it works — you find a new home loan that, ideally, has a lower interest rate and better terms, and then use it to replace your current home loan. Sounds simple enough, right?

Because it is. And with Figure, you can check your mortgage refinance rates in just a few clicks without even impacting your credit score!

Find a loan with a lower interest rate and apply with Figure’s 100% online application. Once you’re approved, Figure will help you close out your new loan quickly so that you can start enjoying your new savings as soon as possible.

To start, check your mortgage refinance rates with Figure today and find out how much you could be saving on your house!

Figure Mortgage Refinance is only available in the following states: AK, AL, AR, AZ, CA, DE, FL, GA, IA, ID, IN, KS, LA, MA, MI, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, OH, OK, OR, PA, SD, TN, WA, WI, WV.

5. They Diversified. You Can Invest in Blue-Chip Artwork With This Site.

Diversification is typically a good thing. But for a long time, it was difficult to get exposure to asset classes outside of stocks and real estate unless you had tons of money.

For years, blue-chip artwork was an area that only the super-rich could get involved in. But Masterworks has made it so that anyone can get started investing in top-tier pieces!

Investing in blue-chip artwork — which, according to Artprice, has outperformed the S&P by more than 250% from 2000 – 2018 — might be a good way to diversify your investments and safeguard your money in a fluctuating economy.

Here’s how it works. On the platform, you can invest in a portfolio of iconic works that have been carefully crafted by Masterworks’ team of research professionals. You can wait for Masterworks to sell the artwork at some point during the next 3-10 years, or you have the option to sell your shares to other investors on Masterworks’ secondary market.

You’ll only need to pay a small management fee, and in return, you’ll get all administrative costs covered, professional storage, insurance, regulatory filings, and annual appraisals.

To start investing, simply request an invite for membership today!

See important disclaimer: masterworks.io/disclaimer

6. They Consolidated. You Can Use This Site to Pay Off Your Credit Card and Other Debts.

Credit cards often come with extremely high interest rates that keep users trapped in debt.

If you have credit card debt, you could eliminate it today by getting a personal loan through Credible.

By getting a personal loan that has a lower interest rate and using it to wipe out your credit card debt, you’ll be left with lower payments going forward.

This marketplace will find you multiple offers on personal loans. Run a search, compare all your options conveniently in one place, and find personal loan options that range from $600 to $100,000.

All it takes is two minutes to check out your rates with Credible and potentially find a loan that wipes out your credit card debt and saves you thousands.

7. They Cut. You Can Pay Much Less on Your Homeowners or Renters Insurance Through This Site.

When was the last time you checked your renters or homeowners insurance rates? You could be saving money! For many people, there are cheaper rates floating around but they just don’t know where to look.

With this website, you can get multiple quotes at once with very little effort. Here’s how it works — you provide a few details about your home and this insurance comparison site will find rates from various companies for you to compare in 2 minutes.

This service is free to use and could help you make the switch to a cheaper policy in minutes.

Click here to see your rates today and find out how much you could be saving on homeowners or renters insurance!

8. They Invested Like the Best. For Accredited Investors: You Can Invest in High-Yield Real Estate Through This Site.

Nowadays you don’t need to have a lot of money to get started in real estate investing. You also don’t even need to have the burden of managing it.

If you’re an accredited investor with an annual income of more than $200,000 ($300,000 for joint income) for the last two years, or if you have a net worth of more than $1,000,000 you can get started with EquityMultiple.

With EquityMultiple, you can invest in high-yield, professionally managed real estate, starting with as little as $10k.

EquityMultiple claims historical returned of 14.5%.

Create an account in 5 minutes to unlock details of past investments.

Sign up here.

* Wall Street Insanity is a paid affiliate/partner of Stash. Promotion is subject to Terms and Conditions. To be eligible to participate in this Promotion and receive the bonus, you must complete the following steps: (i) click through the link above, (ii) successfully open a Stash Invest Account (otherwise known as your personal portfolio) in good standing, (iii) link a funding account (e.g. an external bank account) to your new Stash Invest Account, AND (iv) initiate and complete a deposit of at least five dollars ($5.00) into your Stash Invest Account.

(*1)Bank Account Services provided by Green Dot Bank, Member FDIC

(*2)Stash banking account opening is subject to identity verification by Green Dot Bank. In order for a user to be eligible for a Stash banking account, they must also have opened a taxable brokerage account on Stash. Bank Account Services provided by Green Dot Bank and Stash Visa Debit card (Stock-Back® Card) issued by Green Dot Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Visa is a registered trademark of Visa International Service Association. Investment products and services provided by Stash Investments LLC, not Green Dot Bank, and are Not FDIC Insured, Not Bank Guaranteed, and May Lose Value.