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Beginning Investing by Danielle L. Schultz

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CHAPTER1

How Much Can You Invest?

In This Chapter

  • Creating a spending plan
  • Establishing an emergency fund
  • Paying off high-interest debt
  • Tips for cutting costs
  • Smart strategies for increasing your savings

You don’t need to be wealthy to begin investing. In fact, you probably won’t ever become wealthy unless you invest. And contrary to what you might think, your current income doesn’t matter. In my practice, I see people with very modest incomes who sometimes have more money to invest than those earning in the mid-six figures. Get the basics in place, and you can begin your investing journey.

In this chapter, we’ll consider how much money you ...

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