Do you have any idea how much money you should have saved right now?
So, how much do you really need to have saved right now?
When youre 30 years old, experts recommend having one years salary saved.
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So if youre making $50,000, you should haveat least$50,000 saved.
So are you close?
Or are you a few zeros or commas away?
If youve got money youve already invested, consider riding it out.
7 Ways to Make Money if You Hate People
Do you avoid people too?
Enough small talk.Here are some waysto earn extra cash, without all of the social stuff.
If you havent started investing and have some money to spare, you’re able to start small.
Investing doesnt require you throwing thousands of dollars at full shares of stocks.
In fact, you’ve got the option to get started with as little as $1.
*
We likeStashbecause it lets you choose from hundreds of stocks and funds to build your own investment portfolio.
But it makes it simple by breaking them down into categories based on your personal goals.
Want to invest conservatively right now?
Want to dip in with moderate or aggressive risk?
Do what you feel.
Subscription plans start at $1 a month.
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2.
There is a way to eliminate that credit card debt and spare you the high interest payments.
AmOne will match you with a low-interest loan to pay off all your credit cards at once.
Again, that could put thousands of dollars back into your bank account in the long run.
Plus, youll be debt-freethatmuch faster.
It takes two minutes tosee if you qualify for up to $50,000 online.
But you dont have to.
Use awebsite called EverQuoteto see all your options at once.
Take a couple of minutes toanswer some questionsabout yourself and your driving record.
With this information, EverQuote will be able to give you the top recommendations for car insurance.
In just a few minutes, you could save up to $610 a year.
If you have in-demand skills, sign up for a quick-task service like Fiverr or TaskRabbit.
And if you have a creative hobby, sell your products on Etsy.
Just do your research and find the one that can help you reach your financial goals.
Make a Budget and Stick To It
This may sound like personal finance 101 but thats because it is.
By staying on budget, we can keep our long-term savings on track.
One of the simplest ways to get your budget in check is to use the 50/30/20 rule.
Heres how it works: Take your monthly income and divide the after-tax amount in half.
Thats your essentials budget (50%) for things like rent, utilities and groceries.
Once youve divided your expenses, see what it’s possible for you to limit or eliminate.
Pour that extra money into your financial goals, like your savings.
Find the balance that works best for you and stick to it!
Youre probably thinking: I dont have the time or money for this.
But it takes minutes and you could leave your family up to $1.5 million with a company calledBestow.
We hear people are paying as little as $16 a month.
- (But every year you wait, this gets more expensive.)
*For Securities priced over $1,000, purchase of fractional shares starts at $0.05.
Bestow Life Insurance products may not be available in all states.
Policy limitations or restrictions may apply.
Not available in New York.
Our app asks lifestyle and health questions to determine eligibility to make it avoid requiring a medical exam.
Rates will vary based on underwriting review.
The Penny Hoarder is a Paid Affiliate/partner of Stash.
Investment advisory services offered by Stash Investments LLC, an SEC registered investment adviser.
Kari Faber is a staff writer at The Penny Hoarder.
It sounds appealing right?
Check it out here!
