Investing is a great way to grow your money over time, but it can be scary for beginners to get started. Lots of advice I see is directed at people who are already wealthy, and advises them to start with a few thousand dollars and a professional stock broker. However, I’m here to tell you that you don’t need all that. Anyone who has a little extra money saved can start investing. Check out this article by Alexa at Single Moms Income for beginner tips:
-If your employer offers a 401(K), it is the simplest way to start investing and a great place to start
-Open a Roth IRA or Traditional IRA
-Start contributing a small amount each month, and slowly bump it up depending on what you can afford
-Check the accounts every few months, sit back, and watch your money grow