Contrary to popular belief, you don not need to be rich to start investing. Even if you have less than $500 to invest, you con get in on some good investment ideas that only require a few hundred dollars to get started. Whether you’re trying to save for retirement, earn additional income or achieve some other type of savings goal, here are six ways to be prepared before you even start funding your small investments. Although dabbling in small investment ideas doesn’t require a lot of money, it does require some financial healthiness and responsibility. Before you even consider how to invest with little money, you should first ensure your financial health in two ways. Have an emergency fund. Trying to jump on investment ides without first building an emergency fund is setting yourself up for failure , Paul Moyer of saving Freak said. ’As soon as a bad financial situation pops up - a car repair , or a medical bill , etc . 52922
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