Financial Joy School Forum
To buy stocks you must open a brokerage account or buy the stocks directly from the company. A brokerage account is similar to a checking or savings account the only difference is, the brokerage account is used to buy or sell stocks/mutual funds/ bonds/etf’s. The easiest way to buy stocks is with Robinhood.com CashApp (yes you can but stocks with CashApp), Titan Invest A little harder but you could get a tax benefits using: Fidelity, Vanguard, M1 Finance, You can get a tax benefits by opening up a IRA (ROTH or Traditional).
It is never too late to start investing. Yes, it is true the earlier you start the better and it is also true, that right now is a great time to start no matter your age.
Belinda, I was in your position and what I did was invest $1 here $10 here and $25 and when I received more money I invested more money. To help with my student loans I consolidated them all into one major loan. To learn how to do that visit https://www.consumerfinance.gov/ask-cfpb/should-i-consolidate-refinancestudent-loans-en-561/ rom there I used extended income based payments which cut my monthly payments significantly and it gave me more money to invest. Credit Cards debt contact your credit card companies and let them know you are having financial difficulties and need some form of assistance to help pay your debt. They will let you know what options you will have and this may reduce your bill significantly. Learn how to lower your credit cards monthly fees https://www.experian.com/blogs/ask-experian/can-i-negotiate-a-lower-interestrate-on-my-credit-card/ Never allow debt to stop you from investing in your families future. Find ways to save as much as you can so you can you invest as much as you can