To a vast majority of people, the word ‘invest’ is reserved for financial service workers. You’ll hear friends, family and ever strangers talk about living pay cheque to pay cheque and having nowhere enough to invest. However, there are so many great ways to invest money other than fuelling tens of thousands of dollars into the stock market. You don’t really need a whole lot of spare cash.
Take a look below at our list of great ways to invest your money. Whether you’re aiming for financial freedom, safety in retirement or just about anything else, investing money is a fantastic habit to get into.
Start Simple with the Loose Change Approach
If there’s one way to invest money that just about everyone can follow, it’s the loose change approach. Open an entirely new high-interest savings account that isn’t connected to a credit card and work toward filling it with your ‘loose change’ or money left over from everyday expenses. Forfeit a coffee, night out or a bottle of water each day and you could easily reach an…