![\"How](\"http:\/\/bankruptcy.thompsonwedeking.com\/wp-content\/uploads\/2014\/08\/iStock_000026629968_Small-300x199.jpg\")
\nEveryone knows how important it is to invest their money, but the truth is that for many of us, it simply seems like a goal without hope at the moment. Most of us are looking for ways to simply save money, in case of an emergency or to keep a couple luxury items in our lives, so the concept of having enough capital to actually use it to make more just seems like wishful thinking. Fortunately, there are some very practical ways those of us living on a budget can still invest.<\/p>\n
For one, your company may offer a 401(k) option you can be using to make some really easy returns. Many employers will even match the funds you put away, which essentially means free money.<\/p>\n
But be smart. If your company\u2019s 401(k) hasn\u2019t outdone the S&P 500\u2019s rate of return, you\u2019re probably better off going a different route. It only takes a few minutes to research mutual funds that are outperforming the S&P 500\u2019s rate of return, for example. Choose one, begin investing in it and simply check back once a year to make sure it\u2019s still performing well.<\/p>\n
Another option is to look into exchange traded funds. These act a lot like mutual funds do, but they\u2019re much easier to buy and trade because, in that regard, they\u2019re more like shares. What\u2019s more, you have countless ETFs to choose from which means plenty of diversity. Just about any industry you want to invest in is represented by ETFs.<\/p>\n
It\u2019s also worth considering low-cost brokerages you can find online. You\u2019re not the only one who wants to invest but doesn\u2019t have thousands of dollars lying around to do it. A market has grown for brokers who can make people modest sums without requiring large amounts upfront.<\/p>\n
So don\u2019t tell yourself you can\u2019t invest until you\u2019re already wealthy. It\u2019s just as important that you have money set aside that\u2019s growing every year. With the above options, this can be a reality.<\/p>\n
Source:<\/p>\n
http:\/\/www.investopedia.com\/articles\/younginvestors\/07\/shoestring_budget.asp<\/p>\n","protected":false},"excerpt":{"rendered":"
Everyone knows how important it is to invest their money, but the truth is that for many of us, it simply seems like a goal without hope at the moment. Most of us are looking for ways to simply save money, in case of an emergency or to keep a couple luxury items in our […]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-1019","post","type-post","status-publish","format-standard","hentry","category-general-bankruptcy"],"acf":[],"yoast_head":"\n