There is a misconception that investing is only for those who can afford it. The reality is, however, anyone can invest! Yes, you read that correctly. Start growing your money with these guidelines:

1. Pay off Your Debt

If you have debts continuously collecting interest, it will be hard to make a net profit through investing. Paying off all your debt is a great investment. Sure, it isn’t as exciting as watching your investments grow, but having a lot of debt will be a large barrier to making money. Click here for tips on easy ways to spend less!

2. Take Advantage of Your Employer-Offered 401K Match

This money come off of your paycheck meaning you will hardly notice it being gone and won't be tempted to spend it on other things. Each contribution isn’t taxed until it’s withdrawn. If your employer matches funds with your contributions, that’s free money! You’ll seamlessly double your contributions, thus, double your earnings.

3. Open an IRA

Many IRA funds, including traditional IRAs and Roth IRAs, are not employer-sponsored retirement funds. Read more about IRAs here.

4. Contribute More to Your 401K with ANY Remaining Money

If you have money left to incest, contribute it to your 401K contribution. Your employer-matched benefits do not count towards your and contribute as much as possible.

Keep an eye out for more information in Part 2 and check out Financial Focu$ today!