Start Investing with Little Money: A Beginner’s Guide
Start writing your thoughts down. Studies have found that regular journaling increases happiness and helps manage stressful situations.
Small Investments Can Grow Big
Even a small investment can compound over time. Start small and watch your money grow.
Define Your Financial Objectives
Decide what you’re investing for—retirement, a home, or just building wealth. Clear goals guide your investment choices.
Invest with Just a Few Dollars
Apps like Acorns and Stash allow you to start investing with as little as $5. They round up your purchases and invest the spare change.
Low-Cost, Low-Risk Investing
Index funds are a great way to diversify your investments with low costs and minimal risk, even with small amounts.
Own Expensive Stocks for Less
You don’t need hundreds of dollars to own big-name stocks. Fractional shares let you invest in companies like Amazon or Google with small amounts.
Set It and Forget It
Automating your investments ensures that you consistently invest, even with small amounts, without having to think about it.
Maximize Your Benefits
If your employer offers a 401(k) or similar plan with a match, contribute at least enough to get the full match. It’s free money!