Tag: savings

Investing on a Shoestring Budget

Investing remains one of the best ways to grow money. But when you’re living paycheck to paycheck, how do you start? The truth is, you don’t need a lot of money to start. Investing on a shoestring budget is entirely possible. Still, it’s important to eliminate as much debt as possible before you start. For example, if you’re paying out 10% in interest to a credit card company and only bringing in 6% on an investment, your wealth will shrink. Once you’ve eliminated those obligations, here are a few easy ways to start an investment journey.