It’s easy to feel as if you’re stuck in the proverbial hamster wheel of getting a paycheck, paying off your bills, then trying to make it to the next paycheck. It’s a common story, particularly among millennials. Here are four steps you can take to make the most out of your finances. 1) Refinance Those Loans Some student loans have interest rates of 7%. That kind of interest can be an absolute killer, with many people dumping money into interest without touching the premium. Shop around at banks, SoFi, and your local credit unions--which may be your best bet--to see how you can refinance and get an interest rate that isn’t quite so crushing. Watching that balance go down will be good for your sanity, too. 2) Put Liquid Savings To Work If you have a savings account with Chase, Wells Fargo or the like, chances are you’re getting next-to-nothing in terms of interest. Why’s this bad? Well, it’s the inverse of the tale of student loans. Compound interest can make you very rich, but only if you find the right opportunities. That’s why it’s important to max out a Roth IRA every year or find a high yield savings account and let my funds grow. If your savings are sitting in an average bank, you’re actively losing money to inflation. 3) Invest With Your Own Money Additionally, you can open up an IRA and put $6,000 a year into it. That ties your savings to the stock market, but it can mean astounding growth over a lifetime. Or you can do research to learn about which stocks are worth investing in. This obviously involves more risk and time, which makes some people wary. However, if you’re willing to play the numbers and work hard, it can really pay off. 4) Invest With Other People’s Money The same can be said for this one. If you put in the time, you’ll see major life changes. There are many ways to trade with other people’s money, namely the capital of finance firms, but most of them end up being a bad deal. Much like big banks like Chase, a lot of these prop trading companies give you a weak yield. But Try2BFunded gives you access to $100,000 to make money off of and 60% of the profits. Spend 6 weeks learning the ropes and proving you know how to invest with the best, then watch your checking account blossom.