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Category: Investing

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Investing

Index Funds for Beginners

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Investing in index funds is a great way to generate passive income, especially if you are a beginner. There’s an old saying you’ll often come across, “Don’t put all your eggs in one basket”. That means if you invest all your money in one stock, you will significantly increase your investment risk.

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Budgeting Investing

Are you ready to start investing?

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Before we get started, let’s talk about the giant elephant in the room. That elephant is the misconception that investing is only for the wealthy and that it should be left to the professionals because it’s so difficult. That couldn’t be further from the truth, but I’ll be honest, I had that thought process for so many years. Or the thought that it’s something that I’ll do in my late 30s when I have enough money to invest because you need a minimum of like $10,000 to start.

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Ahhh, the age old question: Should you pay off debt or invest first? This is an often debated topic in the personal finance community and today, I’m going to unpack what I think you should consider when asking yourself this very question. Here are 6 things to check before you consider investing over paying off debt