Showing posts from July, 2019

How to start investing when you are broke or have low income.

Everyone has a different approach to handle personal finances. Some were lucky by having parents that taught them some basic money principles. Others must figure it out on their own and maybe even struggle a little bit while finding the approach that works for them. Either way, there are two things you need to know: 1. You are already an adult and handling your finances must become part of your priorities. Cheers to you for reading this article. 2. Keep in mind that it takes time, but it is worth it. So, how to start investing when you are broke, in debt or have very low income? It is simple, but it is not easy. The most important thing is to set up milestones and start. You won't get anything done if you push goals for "when I have more money", besides, you would be losing time and the benefits of compound interest. 1. Get the basics. The basic step is knowing where you are regarding your financial life. Do you have debt? Do you know how muc