6 Simple Ways To Start Investing With Little Money

October 4, 2021 | Mason Roberts

start investing with little money

It may sound controversial, but it’s easy to start investing with little money. Smart and consistent investments throughout your life is one of the best ways to ensure that you’re financially comfortable today and financially secure in the future. Do you want to know how to start investing while being on a tight budget? Go on reading!

Here Are 6 Easy Ways To Start Investing With Little Money

1. Set A Goal And Save Slowly

It’s often called the “cookie jar” method. Set an investment goal — the amount you want to push on a stock, an investment in an educational experience to further a career, or a great home in a fantastic neighborhood that will greatly increase in value over time.

Start saving change or leftover cash here and there, each day. Watch the money compile and use what you have to start investing with little money, taking small steps to achieving the investment goal you thought was unattainable.

2. Play The Stock Market

Nowadays, it’s easy to start investing with little money in the stock market. Many new changes are helpful for those who don’t have much money. Some companies or apps let you invest with as little as $1, and free commissions are commonplace. You can even invest in high-profile stocks without spending for a full share — just a fraction of it.

3. Pick A Great Investment App

Investing can be intimidating. That’s why there are numerous investment apps out there that can help you start investing with little money, such as Robinhood, Wealthsimple, Greenlight+Invest.

They are beyond easy to use: Pick a stock, select how much you want to invest – and get the amount of the share you can afford for the company you want to invest in. Some apps and companies even give you a free stock just for signing up.

start investing with little money

4. Think About Real Estate

Even with fluctuating markets and economic turmoil, real estate is still one of the most responsible and lucrative investments you can make.

And yes, you can jump into the real estate market to start investing with little money. There are companies such as DiversyFund that let you invest with relatively small amounts of money ($500 and above). There’s even a new popular form of real estate investment called real estate crowdfunding where you own a fraction of a share of real estate that generally yields reliable cash, such as commercial properties.

5. Take Advantage Of Your Employee Benefits

Many companies today offer at least some form of investment support for their employers. If your work offers a 401(k) and a retirement plan, it’s a great way to start investing with little money (you can even move some of your 401(k) into your retirement plan over time in most cases). The best part, small contributions to your plan, such as 1% or 2% of your 401(k) are extremely small amounts yet will pay off big time once you retire.

6. Invest In Lending Club

Lending club is an online platform that allows borrowers to get loans, and for investors to provide cash for those loans. With Lending Club, you can invest as little as $25 into a single loan and have the minimum of $1000 initial investment but spread your portfolio among 40 different notes and get rates of return in double digits.

What To Do If An Emergency Hits While You’re Focusing On Investments

Ideally, we should have a certain amount of savings that will help cover the emergency expenses. However, if you don’t have one, consider getting a fast payday loan online.

An online payday loan involves a small amount of cash for short-term financial relief between paychecks. If you qualify for an online payday loan through Fast Payday Loans of Kentucky, LLC you could receive a loan from $100 to $500 in no time.

What Do I Need To Qualify For An Online Payday Loan?

At Fast Payday Loans of Kentucky, LLC, we’re dedicated to making online payday loans available to a wide range of people and incomes, that’s why our list of required items is short: a blank check from an active checking account in your name; your most recent pay stub; and your driver’s license or the state-issued ID. The process is quick and easy and can be over in as little as 30 minutes. You can receive cash either on the same or next day.

got an online payday loan

Get Started Today

If you want to start investing in your future, get yourself on the best financial track right now with our simple ways to start investing if you’re on a budget. However, if you ever run into a financial emergency and need cash ASAP, get in touch with Fast Payday Loans of Kentucky, LLC. Simply fill out the form on our website or give us a call today.