How can you invest, if you do not have enough money to invest? Ipon muna!
Aside from acquiring knowledge, knowing how to save and budget wisely is one of the keys to smart investing. Failure to do this simple step properly might prevent you from investing regularly.
We have mentioned in our previous blogs that investing is a journey. (Read our top blogs here) If your chosen investment is the vehicle to get to your destination, saving and budgeting is the fuel that will keep it going.
The Saving Habit of Filipinos:
RECEIVE salary – SPEND salary = SAVE the leftover
“I will start investing once I have extra money.” Sounds familiar? This is a common scenario once the salary is received. But after spending, more often than not, there won’t be any leftover and investing is put off until [Read more…]