Tip #7,187 • 2 people found helpful One of the greatest assets young people has is: time. Save and invest now to capitalize on compound interest, that way you do not have to play catch up later! Money millennials + personal finance + money + investing + Helpful... Share Share Tweet Send
Tip #6,113 • 1 person found helpful Shop around for the best type of bank account to hold your emergency savings. There are options that allow you to earn interest while still having immediate access to your money. Money savings + investing + finance + Helpful... Share Share Tweet Send
Tip #6,148 If you plan to regularly put money toward investing, it may be wise to seek financial advice so you can set up a plan that will best meet your needs. Money savings + investing + finance + Helpful... Share Share Tweet Send
Tip #6,184 When investing, it is best not to become emotionally attached to your investments. If you do, it can lead to bad decisions. Money investing + finance + Helpful... Share Share Tweet Send
Tip #6,208 Always invest in your company's 401k plan. If they match up to a certain amount, that it is like a raise or free money that is also tax free. The future you will thank you. Money employment + savings + investing + retirement + Helpful... Share Share Tweet Send
Tip #6,334 In many cases, it is worth the extra money to buy a quality product rather than purchasing a cheap version that may break quickly. Evaluate what items may be worth paying more upfront for your lifestyle. Money shopping + budget + investing + Helpful... Share Share Tweet Send
Tip #6,441 You can have a Roth IRA contribution counted for the previous year up to the date that you submit your taxes. Money taxes + savings + investing + retirement + finance + Helpful... Share Share Tweet Send
Tip #5,773 Before investing online, search for reviews and forums discussing the accounts you are considering. Research thoroughly to decrease risk. Money investing + web + finance + Helpful... Share Share Tweet Send
Tip #5,771 As soon as you start working, begin saving for retirement. It may seem to be in the distant future, but it isn't. Check into retirement plan options with your employer, your bank and a financial planner. Money employment + savings + investing + career + college + high school + finance + Helpful... Share Share Tweet Send
Tip #5,650 Allocate a fixed amount of income into a separate bank account for periodic expenses such as home repairs and large purchases. Consider investing this money in an option that can be withdrawn at any time. Money budget + savings + investing + finance + Helpful... Share Share Tweet Send
Tip #5,195 • 2 people found helpful If just starting to invest, mutual funds may be a good option. They allow you to invest in a large number of companies at one time without buying the individual stocks. Money investing + finance + Helpful... Share Share Tweet Send
Tip #5,087 • 3 people found helpful Consider your options before buying insurance that includes an investing aspect. You can usually do better by investing on your own and purchasing less expensive term insurance. Money insurance + investing + finance + Helpful... Share Share Tweet Send
Tip #5,094 • 1 person found helpful What gets measured, improves. Track your net worth monthly or quarterly. It should motivate you to increase your savings. Money budget + savings + investing + finance + Helpful... Share Share Tweet Send
Tip #4,735 • 8 people found helpful Interest earning checking accounts are often not great deals due to high balance requirements and low interest earnings. Consider a free checking account instead, but remember to invest any extra money. Money savings + investing + deals + finance + Helpful... Share Share Tweet Send
Tip #4,705 • 7 people found helpful SAVE is not a four letter word. Well, literally SAVE is a four letter word, but it's a good one and the key to financial stability. Put away at least 10% of your earnings and don't touch it. Money savings + investing + clever + Helpful... Share Share Tweet Send
Tip #4,333 • 11 people found helpful Review your 401k investment returns at least once a year. Look at how well they are performing against common benchmarks like the Dow or NASDAQ and decide if you should make some adjustments. Money savings + investing + retirement + finance + Helpful... Share Share Tweet Send
Tip #3,726 • 11 people found helpful Learn more about investing by borrowing financial newsletters from a library rather than subscribing to them. Money investing + finance + Helpful... Share Share Tweet Send
Tip #3,668 • 14 people found helpful Even while trying to pay off debt, put aside at least a small amount of money for retirement. You will thank yourself later. Money budget + savings + credit cards + investing + debt + Helpful... Share Share Tweet Send
Tip #2,828 • 16 people found helpful When investing, be sure to read the fine print. Some institutions have fees for inactivity as well as for a number of different actions. Know how to keep from incurring extra fees. Money savings + investing + retirement + Helpful... Share Share Tweet Send
Tip #2,982 • 9 people found helpful Before purchasing stock, research the company's history and also consider how current events might affect the company. Money investing + finance + Helpful... Share Share Tweet Send
