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How to start investing in stocks: a beginner’s guide

Learn Login to MyFinFit FinFit Learn  |  Saving, Investing & Retirement How to start investing in stocks: a beginner’s guide  Investing is a way to grow your money while letting it work for you. Legendary investor Warren Buffett describes investing as “the process of laying out money now to receive more money in the future.” Essentially, investing is about setting aside funds today with the goal of increasing their value over time.  If...

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What owning a stock actually means

Learn Login to MyFinFit FinFit Learn  |  Saving, Investing & Retirement What owning a stock actually means  Most people understand that owning stock means owning a small part of a company. However, many new investors have misconceptions about the benefits and responsibilities that come with being a shareholder. A lot of these misunderstandings stem from not fully grasping the limited ownership that each share represents. For big companies like Apple...

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8 ways to cover an unexpected expense

Learn Login to MyFinFit FinFit Learn  |  Saving, Investing & Retirement 8 ways to cover an unexpected expense  We’ve all been there—you’re a few days away from payday, and suddenly your car makes a weird noise, your phone breaks, or your pet needs an emergency trip to the vet. These things always seem to happen at the worst possible time, and they’re never cheap.  Recent studies show that unexpected expenses can cost us an average of $500 per year....

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Your guide to saving for retirement in 3 easy steps

Learn Login to MyFinFit FinFit Learn  |  Saving, Investing & Retirement Your Guide to Saving for Retirement in 3 Easy Steps  Retirement might seem like a distant goal, but starting to save now can make a significant difference in the long run. If you’re new to retirement planning, it’s understandable to feel overwhelmed by the numerous options and terms. However, taking a few simple steps can set you on the path to a secure future. Here are three practical...

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The best investment you can make is to invest in yourself

Learn Login to MyFinFit FinFit Learn  |  Saving, Investing & Retirement The best investment you can make is to invest in yourself  When it comes to investments, we’re used to hearing advice about stocks and bonds but did you know one of the best investments you can make is in yourself? Whatever your goal or dreams are, here are four tips to help get you started.  Set personal development goals  The first step involves setting clear goals that match...

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How to start saving for beginners

Learn Login to MyFinFit FinFit Learn  |  Saving, Investing & Retirement How to start saving for beginners  The term ‘savings’ can mean different things at various stages in your life, but it is ultimately the process of putting money aside for future use. That could be to buy something like a home or a car, or just for a rainy day or as a safety net should something change in your circumstances.  Whatever ‘savings’ means to you, it is something that...

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5 steps to plan your financial life

Learn Login to MyFinFit FinFit Learn  |  Saving, Investing & Retirement 5 steps to plan your financial life  When it comes to planning your financial future, it can be difficult to know where to start. This checklist includes five steps you can use to identify the actions needed to achieve more of your financial goals.   Of course, you’ll need to pay down any expensive debts and have a sufficient emergency fund before making longer term investments....

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Good habits that take you from being a borrower to a saver

Learn Login to MyFinFit FinFit Learn  |  Saving, Investing & Retirement Good habits that take you from being a borrower to a saver Relax. This is not an article that will suggest that drastically cutting your spending is the only path to saving more. Constantly saying ‘no’ to yourself may work for a few weeks or months, but eventually you get frustrated and give up. That’s not being weak, that’s being human! Even worse,...

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First-time investing – here’s what you need to know

Learn Login to MyFinFit FinFit Learn  |  Saving, Investing & Retirement First-time investing – here’s what you need to know Embarking on an investment journey marks a pivotal step towards securing your financial future. Whether you’re eyeing a traditional savings account or diving into the realms of stocks and shares, understanding your options is crucial. For tailored advice that aligns with your goals, consulting a financial...

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