How to Start Investing When You Can’t Afford It



More on where to start investing when you can't afford it at... https://stefanieoconnell.com/where-to-start-investing-when-youre-broke/ Have a question? Leave it in the comments below! More at https://stefanieoconnell.com/credit-matters/ SUBSCRIBE https://stefanieoconnell.com/youtube LET'S CONNECT.... http://www.facebook.com/stefanieoconnell http://twitter.com/stefanieoconnel http://instagram.com/stefanieoconnel http://pinterest.com/stefanieoconnell http://stefanieoconnell.com Snapchat @stefanieoconnel Not being able to afford it is one of the top reasons millennials give for not investing. With record student loan debt, rampant underemployment and rising living costs, I can’t even call bullshit, because I know for many, not being able to afford investing is a reality – but it doesn’t have to be. Time is money when it comes to investment growth, so commit to doing what it takes to free up funds for investing ASAP. Cut down your cost of living, refinance your debt, foster additional sources of income – do what needs to be done in order to make small monthly contributions to your investment accounts as non-negotiable as your housing payment. With new, low-cost investing platforms, you really don’t need much to get started. As little as 10, 5, even 2 percent of your paycheck can get you in the habit of prioritizing your long-term savings. And as you earn more, you can commit to contributing a percentage of each raise to grow your investment contributions.

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