Beginners Guide About Investing Money

Before you dive into any sort of investing, there are some important items you need to know first before doing anything.

These are not tips for how to get started, more of a checklist of things to understand.

You Should Have Money Saved First That’s Not for Investing 

You should have a nice cash reserve set aside in your bank account, preferably a mix of your checking and savings.

Get Your Investing Literacy On

Start learning about investing money, common investing terms, what to look for, how the stock market works, etc. 

Many credit cards have 20%+ interest rates, which no investment will beat. Instead of pro-longing this debt and trying to invest, just knock it out.

Pay Off High Interest Debt Before

Only Risk What Won’t Crush Your Finances

It’s okay to be on the aggressive side if that’s your path, but understand the stakes and ensure you won’t be left with nothing if something happens.

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