I started my investment journey in my early 20s. At the time I had surplus cash, no debt and no family to support. The decision to start investing, in my eyes, was easy.
During the last 20 years, I’ve changed how much I invest each month to accommodate changes in my life including homes, kids and borrowing. However, I kept investing, even during the bad times. It’s been one of the best decisions of my life. With investments to fall back on should things get tough, I never really stress about money.
I laid a good path for myself by starting small. Starting small gave me the ability to dabble and make mistakes when the impact was marginal. This learning over time has tested how I would fare during a crash or panic.
Investing only a small amount of disposable cash each month is a great proving ground. You just have to be prepared for ups and downs, because both will happen. Of course, everyone loves the ups but the downs will really prove if investing is right for you.
If you still have questions, please come join our supportive UK Personal Finance club on Facebook, where you’ll find other like-minded individuals who are serious about Financial Fitness. It’s a safe, private community where you can ask questions and learn more about making the most of your money. Best of all, it’s free! I’d love to see you there.
Here’s to your Financial Fitness