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TlalocW

(15,633 posts)
10. Also...
Mon Mar 11, 2019, 09:25 PM
Mar 2019

Another way to help your financial situation is to get out of debt. There are apps out there like Acorn that also does the round-up and then when you reach a certain amount will send it to whomever you owe. There are some that you can hook up to any bill you want to pay off, but I have a specific one for paying off my student loan. My monthly payment is 67.25, but I hit the threshold of $100 (at which point it sends the money) twice a month so I'm paying $267.25 more or less painlessly, which is right at 4 payments a month, but I have it set at a pretty aggressive level as well.

Once you've got stuff paid off, you can invest more.

TlalocW

Recommendations

0 members have recommended this reply (displayed in chronological order):

Buy low, sell high nt Xipe Totec Mar 2019 #1
You should go see a financial advisor, and do your own research LuvLoogie Mar 2019 #2
This message was self-deleted by its author Foggy Head Mar 2019 #3
This message was self-deleted by its author Foggy Head Mar 2019 #4
I suppose a lot depends on where you are at. LuvLoogie Mar 2019 #8
Buy an index fund. marylandblue Mar 2019 #5
Indeed. Voltaire2 Mar 2019 #14
As a more or less fellow newbie TlalocW Mar 2019 #6
For the last 15 years GP6971 Mar 2019 #7
I buy mutual funds and ETFs, almost all index funds, because very few professional progree Mar 2019 #9
Also... TlalocW Mar 2019 #10
Don't start with individual stocks... IphengeniaBlumgarten Mar 2019 #11
Warren Buffet recommends Vanguard index fund Cicada Mar 2019 #12
This is what my family uses too. BigmanPigman Mar 2019 #13
Latest Discussions»Culture Forums»Personal Finance and Investing»This message was self-del...»Reply #10