Savvy Saver 6/5/19: The Secret To Smart Investing
Budget Tip Of The Week: 5 Things You Should Know Before You Invest.
If we could make one thing ultra-clear it’s this — investing is not something to be scared of, nor is it only for the elite. Investing encompasses a wide range of items, including adding to your 401(k). Don’t fret if you don’t think you have enough money to invest, you can invest as little or as much as you want, it’s actually more important to have the time to put into investing — these aren’t get-rich-quick schemes. And yes, while investing can be risky business, there are tons of options to choose from and if you diversify instead of putting all your eggs in one basket your overall risk can be reduced. [Swirled]
Definition Of The Week: Going Public
Going Public refers to a private company’s initial public offering (IPO), thus becoming a publicly traded and owned entity. Businesses usually go public to raise capital in hopes of expanding. [Investopedia]
Digit Of The Week: $1,500
What it could cost to be a bridesmaid in a single wedding. So when your BFF asks if you want to be by her side on the big day, consider whether it’s in your budget. It’s okay to say no, but if you must participate, start saving up for the special event STAT. [Swirled]
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