Turning 25 is often a “financial awakening.” Not only is your salary likely to start increasing, but your “adulting” responsibilities are also going to increase. While most of us know us Needed Invest, the “how” and “where” often feel like an obstacle. Good news? At 25, you have something every experienced investor wants: time. Here’s a beginner-friendly investing guide to help you get started on your investing journey.
Why does starting at 25 matter so much?
Starting young can help you take full advantage of compounding. With a runway of 30 to 40 years, even modest savings can translate into significant wealth. You also have time to recover from inevitable rookie mistakes and may see market declines as a golden opportunity. Ultimately, you don’t need to make high-risk bets to reach your financial goals – consistency will do the work for you.
Step One: Build Your Financial Foundation First
Before you start, protect yourself by building an emergency fund – about three to six months’ worth of expenses….
