It’s not to early to start investing


As a college student, you are learning about careers and deciding on your future. 

But as many college students get closer to graduating, they start to look at the next steps, jobs and investing. But what if I told you that you can start investing today? 

Now let’s break it down.

Investing is spending money in hopes to that it will pay off. 

The most common form of investing is college and stocks.  Now, I know a lot of college students have a limited income and make every penny count, but what if you turned $1 into $2 or $3? 

According to Kayla Sloan, a writer at Everything Finance, “Saving at any period in your life can be financially beneficial, even if you’re only able to save a small amount. You’d be surprised how quickly small amounts add up. Investing can help you learn how to save. Start small with your investments and choose something to invest in that is guaranteed to make your money grow.” 

One of the other main points that Sloan makes is that on average, college students have less financial responsibility and can invest with less fear due to not having a family to support and worry about if a stock isn’t rising.  

The other benefit to investing is it creates a cushion, if you have an emergency it is easy to sell. 

Most individuals wait to start saving money until after they start a career. 

A key reason to not wait is interest. By investing in stocks, you can have a higher rate of return than putting money into a savings account. 

If you invested $1 into stocks, the average return is between 6% to 10% a year. 

The average saving account is 0.001%. 

By investing in stocks, you may end the year with $1.10 or you can put it into a savings account and earn $1.01. 

Do you think its worth it? Either way of savings is going to help you in the long run. 

Even putting away pocket change will add up after time. 

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