You might not know this but there are couple of things which you must do before investing. But don’t worry I don’t mean like going through and analysing every single stock, real estate or what ever else you have in mind.
If you want to invest in stocks but don’t know anything about stock market then i’ll suggest reading some books about investing. See maybe what Warren Buffet does and what he has to say about investing and stock market.
However the main thing which you should focus on, is to focus on cutting the spending the habits. And that’s the main thing you should focus on together with getting more knowledge about investing if you don’t know anything about investing.
If you have debt than maybe you should consider to paying it off before you start putting money into investments because it will take a while to say at least to have some return specially if you are a beginner.
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