TOP 3 INVESTMENT OPTIONS FOR AS LITTLE AS YOU CAN 

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Last Updated: August 8, 2022

TOP 3 INVESTMENT OPTIONS FOR AS LITTLE AS YOU CAN 

For strange reasons, investment is seen as a big “deal” which associates with only the rich. However, the underlying factor of investment is one that covers everyone in every financial class in society.

There is a parable in the Bible that expresses the concept of investment very well. A master gave his 3 servants different number of talents before his travel. One received 5, the other had 2, and the last got only 1. When they had to account for the talents on the return of the master, the servant with 5 had acquired 5 more, the one with 2 had twice as given, but the last had same one he received. The third servant could not get any addition on his initial talent because he did not invest! https://www.biblegateway.com/passage/?search=Matthew%2025%3A14-30&version=ESV&interface=amp

From the above, we see that investment doesn’t have a limit. It solely depends on what you have and how you can multiply them to make more.

Investment

Savings Vs Investment 

Most people confuse the two and it isn’t much of their fault. Ideally, savings should only be putting aside part of one’s income for future use. 

On the other hand, investing means committing one’s money into a venture solely with the intention of earning future returns. 

The difference nowadays is narrow because the savings institutions have added some partial investment features to make the habit more attractive, since it already popular to people. https://www.nerdwallet.com/article/banking/saving-vs-investing-when-to-choose-how-to-do-it

Why Investment Is Simple 

We hold a misconception that investing is difficult. Like the servant in the earlier parable, many fear the risk of losing what they have and it drives them to choose saving. However, they forget one thing.

Life itself is an investment-based approach. With the things you have, you try to make more. That’s why you trade energy, time and money constantly in order to get profit, achieve a goal or be successful. How is something you do on the regular seen as difficult when the conversation is about money in place of life? Lol

You can also read https://viewknust.com/frustration-is-just-a-gap-fulfill-it-in-3-ways/

INVESTMENT OPTIONS WHICH DON’T COST MUCH

1. LIFESTYLE 

The first we can talk about is a simple maths everyone knows. If you want to get a positive number in a subtraction, the first term must always be greater than the last term. Zero means they match, right?

In a real world logic, we have cash flows involving income and expenditure, i.e incomes minus expenses. When they match, it can only mean we’re sufficiently good: nothing to save or invest, but no debt either. 

The moment your expenses become more than how much you’re earning, it’s obvious the situation that is. 

By this logic, the first investment option is to make sure, no matter what, your incomes exceed your expenses. Isn’t that an awesome technique? It is only when you have an overflow that you get to think about saving, investing or spending it again. You can read more about it and start practicing. https://cashmoneylife.com/spend-less-than-you-earn/

As you can see, it doesn’t depend on how much you have. You only make sure how much goes out of your account either returns with an increase or cut it down to save you more. The more you try it, the richer you get every time.

2. Acquire Skill(s) And Put In More Work

You may not see it as a clear, financial-book investment option, but when you think of it, you will understand it. Even though we haven’t specified any form of input in investment scheme, you may have assumed it’s money. That is true because almost everything in the world has been priced using its monetary value. 

However, there are other valuable inputs you can exchange for either money or a different item of value. We witness typical examples all the time. For instance, you exchange your time, skills and strength for salary on the regular basis. At times, you exchange your good deed for good image in the sight of others or love someone so he or she can love you back. The cases go on and on and on.

This is to say that even though you may not have enough money to get more, you can invest your time and energy to reap the same benefits. Learn any useful skill, start small, promote your works, and keep the energy. In no time, that investment will yield more returns for you to invest in other things. To be honest, isn’t this the story of every  rich man?

Aside your normal field, you can take up studies from other fields, especially online skills. A few suggestions include digital marketing, content writing, YouTube, graphic designing, programming, etc. Sooner or later, you’ll realize how much your side hustle saves you from unemployment or going broke.

3. Cryptocurrency

The world is changing and those who recognize it survive. The monetary value has shifted to the electronic form and, now, blockchain world is taking over. 

When you stock more goods, it is either you want to safeguard against demand-induced overpricing or you want to earn more when demand increases. Similarly, Investment in crypto at this time may have those two benefits. However, your ability to capture the advantage will rely on certain technical knowledge.

Traditional investment institutions usually are not favorable for the average people due to their minimum limit. You can save with them, but to invest, they require you to have a certain amount. This deters lower class from investing. The truth is these institutions are bounded by regulations and liabilities, so they must tread cautiously. However, the online investments like cryptocurrencies ease the constraints because most of the risks rest on the investor rather than the institutions. Take advantage and make investment on your coins. 

This investment option is like buying foreign currencies; you can use them in transactions when needed or sell them for profit.

In order not to be overburdened by these varying factors in the crypto world, it is advisable to invest your little money in stable coins, like the USDT. That way, you clip your money to a more powerful entity who does everything possible to make sure – the dollar is stable and the economy is thriving so well – you don’t, indirectly, lose your money. 

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Conclusion 

The reality may be that you cannot invest more to earn more, but as far as you move forward, you’ll get there. Start with the little you have, invest in these options which have slim risks, and build your finances up.