There is another way. You can invest in shares.
Investing in shares means owning a small amount of a company. Instead of just letting HSBC borrow your money you can own part of HSBC. If you research this, you will find that that top bosses will have LARGE numbers of shares in the companies that they work for. And at times they will use more of their MASSIVE salaries to buy EVEN MORE SHARES.
So you can see here that owning shares is something that really rich people do, millionaires. But you can do this too! You probably need at least a thousand pounds that you can invest for at least one year. That’s the bare minimum, ideally you should invest for longer and with more. But if you have that amount I recommend you go for it.
Investing in shares is only a good way to make money if you know what you are doing... you can't just blindly throw your money into a company. But if you do your research you can make quite a pretty penny by investing in shares
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