College Financial Hacks- THE INVESTING EDITION 💪

Let’s take a moment to imagine how far along a lot of us would be if we would have made our first investing move in college!

Now, I don’t want any of my little cousins or even friends to make the same mistakes. Here are 3 investing hacks you can share with future or current college students: 

Start NOW and Prioritize The Consistency Hustle: One of the most powerful advantages while being joven y Bella a.k.a. young, is that time is your secret weapon. So, say hello to your little friend- compound interest. Yes, compound interest will become your new bestie through this time! You can start by investing small amounts, however, the longer your money is invested, the more it can grow. Hence, it can have a significant impact on your long-term wealth. You might have to hold off on the latest phone to think of the future!

Utilize Low-Cost Investment Options: As a college student, you might be living off of the Maruchan diet and yesterday’s arroz con pollo; however, make room to invest. There are low-cost investment options that are well-suited for your situation. Consider investing in index funds or exchange-traded funds (ETFs) that track the performance of a broad market index. These funds often have lower fees and are a great way to be exposed to various assets.

Start NOW and Prioritize The Consistency Hustle: One of the most powerful advantages while being joven y Bella a.k.a. young, is that time is your secret weapon. So, say hello to your little friend- compound interest. Yes, compound interest will become your new bestie through this time! You can start by investing small amounts, however, the longer your money is invested, the more it can grow. Hence, it can have a significant impact on your long-term wealth. You might have to hold off on the latest phone to think of the future!

Utilize Low-Cost Investment Options: As a college student, you might be living off of the Maruchan diet and yesterday’s arroz con pollo; however, make room to invest. There are low-cost investment options that are well-suited for your situation. Consider investing in index funds or exchange-traded funds (ETFs) that track the performance of a broad market index. These funds often have lower fees and are a great way to be exposed to various assets.

Educate Yourself & Take Advantage of Resources: No, you don’t need to be like el vato (the dude) from room 3B who is getting a finance degree to know how to invest. Take advantage of the many online resources available, such as investment websites, books, podcasts, and online courses. Educate yourself about basic investment concepts, risk management, and portfolio diversification. Take advantage of all the access your school

If there’s an adult sealing move to make in college it’s INVESTING! College is a great and pivotal time where you can have a leg up (money-wise) if you decide to invest! So, I highly recommend to all those who are still in college to make those moves that will set you up for the future.