![Expert Ross Mac offers tips on alternatives to storing money in savings account [Video]](https://MinorityOwnedBiz.com/wp-content/uploads/2024/07/mp_128226_0_15048338071024wlsmaconomicsguest630avidjpg.jpg)
CHICAGO (WLS) — A Chicago entrepreneur is dedicated to increase financial literacy to build generational wealth.
Ross Mac offered some alternatives to putting money in something other than a savings account.
Mac outlined the benefits of investing your money as opposed to storing it in a savings or checking account.
Mac also offered advice on prepping and paying for college and ways to raise last-minute from college.
Millions of high school graduates will head to college in the fall and navigating the college admissions process can be tricky and time-consuming.
Mac is hosting a Maconomics Wealth Summit this weekend, with a yacht party at Navy Pier on Friday, a summit Saturday at Whitney Young Magnet High School and the Maconomics Foundation Celebrity Basketball Classic on Sunday.
For more information and tickets, click here.
Copyright © 2024 WLS-TV. All Rights Reserved.
![Tom Brady takes awkward first steps in his transition from the football field to the TV booth [Video]](https://MinorityOwnedBiz.com/wp-content/uploads/2024/09/mp_132052_0_ap266df311d2ed56jpg.jpg)
![How Maybe Burke Is Promoting Belonging and Inclusivity for & JULIET [Video]](https://MinorityOwnedBiz.com/wp-content/uploads/2024/09/mp_132325_0_HowMaybeBurke1726478300jpg.jpg)
![Fearless Fund Ends Grant Program For Black Women [Video]](https://MinorityOwnedBiz.com/wp-content/uploads/2024/09/mp_132322_0_17265065443169jpg.jpg)
