Most people don't invest. After all, over 45% of adults around the globe aren’t capable of paying out of pocket for an emergency.
That means most people are not benefiting from the power of compounding. And they’re not leveraging the long-term growth of the market.
For people living paycheck-to-paycheck, the first priority is to build an emergency fund . Even just enough to cover a whole month’s expense. It’s best to start small, then aim for 6-months’ worth of expenses.
62
878 reads
CURATED FROM
IDEAS CURATED BY
All those who want to become more wealthy should read this
“
The idea is part of this collection:
Learn more about psychology with this collection
How to create customer-centric strategies
The importance of empathy in customer success
The impact of customer success on business growth
Related collections
Similar ideas to Save Before Investing
Investors put their money to work. They know that the money they set aside today sets them up for financial freedom.
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates