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How to Invest $1,000 and Grow It Into $1 Million $1,000 is a lot of money. Here's how to turn it into even more.

By Jeff Rose Edited by Dan Bova

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner and certified financial planner Jeff Rose holds up $1,000 in cash and says there was a time in his life when he thought he might never have that much in his bank account, let alone in his hands. However, due to smart financial decisions, Rose was able to overcome debt and a poor financial situation and build something positive.

Now, he's giving others the tips and steps he thinks are most helpful so they can do the same.

The first step is simple -- get out from under your debt. If you're constantly paying back your debt with interest, you can't start building something in a positive way.

Click play to learn more tips and steps.

Related: The Best Retirement Plans for Entrepreneurs

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Jeff Rose

Certified Financial Planner, Author and Blogger

Jeff Rose is an entrepreneur disguised as a certified financial planner, author and blogger.  He's best know for his blog GoodFinancialCents.com and book, Soldier of Finance: Take Charge of Your Money and Invest in Your Future.  He's also the editor of LifeInsurancebyJeff.com. He escaped a path of financial destruction from dropping out of college with over $20,000 of credit card debt to become a self-made millionaire. His mission is help future generations achieve financial freedom by developing strong money habits and unleashing their entrepreneurial spirit.   

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