Always it’s a good have the emergency fund as one of your highest savings priorities. With a simple calculation if you only add on $20 a week under the account of your emergency fund and your account will grow to over $1,000 in just one year.
There isn’t any magical power to get you rich quickly. It’s all based on some small decisions and the way we life our live which will determine the amount of money you will have throughout the journey.
Normally In the old days making money was always associated with being an employee in specific cooperation to be able to get paid monthly or bi-weekly as long as you have the job
The biggest misconception about investing is that it’s only for the rich or people have a lot of knowledge on the investing topic.
I have added below some easy ideas to start investing as a beginner.
It’s easily to understand you’re willing to become financially free and turn yourself to a self-made millionaire, but in order to achieve that there is some ways and tips you need to follow.
1. Don’t spend more than you earn.
Get a second job or side hustle, even if it’s a small one. Save the income from that job. Or pay your expenses from that job and save the money from the first one.
There is variable of ways to get entertained while keeping with your financial savings targets and stick to your budget. In the below post I have collected some of the ways which will help you enjoy your life without over spending.
It doesn’t matter where are you with the financial journey you need to keep in mind where you will be able to save money in every aspect in your life including while staying home especially with the current pandemic situation which force us to stay home for longer period where this can result in more spending if we don’t have a solid financial plan.