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Save those pennies

A friend of mine has a great strategy and approach to investing. She sets aside a few hundred dollars a month in an investment savings account and then at the end of the year, when it has accumulated to a larger sum, she picks something to invest it in.

It’s a pretty simple and straightforward strategy and it means at the end of the year, she has around $5,000 to invest meaningfully in something (that’s around $420 a month).

I did a video blog about planning to invest and setting aside the money to do so. With a bit of planning and the discipline of saving, it is entirely possible to find the money to angel invest.

{Photo credit: Negative Space}

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