The $1K Investor: A Guide To Help You Start Investing [Book Review]
You know it’s important to save for your future, but it’s definitely a challenge.
As you’re building the foundation of your financial house, getting your emergency fund in place is a great main focus. Having money in the bank protects you from having to take on debt when the unexpected happens.
After you have money set aside to protect yourself, it’s time to think about your future. While it might be easier to just keep adding money to your savings account, remember, easier isn’t always better.
To grow your net worth, prepare for retirement, and fight the effects of inflation, you really need to consider investing. But it’s also easier said than done.
Some of the reasons people put off investing are they:
- Believe there’s time to invest later
- Worry about losing money in a market downturn
- Feel like they’re losing control of their money
- Are scared — not knowing how to do invest or what to invest in
- Think they don’t have enough money to start investing
Those are just a few of the issues Debbie Sassen addresses in her new book, The $1K Investor.
