For the past 10 years I've been investing my money but, for the last five years I've been
investing my money with clear strategies and goals in mind. Investing your money can be fun and easy
and is crucial for financial freedom and independence. So today I'm sharing everything
you need to know about how to invest your money and how to start. The first thing is figuring out
the difference between your buffer and investing. This is really the first step of investing;
is saving for a buffer. This means you can invest with confidence because you know you have money
saved in case something goes wrong. Start with a smaller buffer and work your way up. It depends
really on your age and how much you're comfortable saving versus investing. So figure that out for
yourself and then we can start investing. Step number two is to decide how much money you'd like
to invest. Now this will be different for everyone but, I recommend you put away money each month to
invest over time. It's better to invest your money monthly rather than saving it all up and then
investing it all in a big chunk. This is because you can't predict what the market's going to do
so it's less risk investing monthly, rather than yearly for example. Now you know how much you're
investing you need to choose whether you're investing long term, short term or, both. Long
term investing generally means that you can afford to take higher risk. Now for short term investing
you might want to take less risk because you might need the money in the near future. Personally I
prefer both. This means less risk and my money is more spread. So I have some money that's more
invested in aggressive funds and then I have some money that's short-term savings that it's
in more conservative funds. The next tip is for beginner investors. Forget about stocks and crypto
at least for now. Although individual stocks and crypto may seem very fun and enticing to invest in
it's not the best choice for the casual investor. This is because you need to do a lot more research
to be confident in your choices and then what risk you're taking. So when you're starting to invest
funds are a great place to start. These make more sense for the casual investor because
there is less maintenance, there is less research and, they're just simpler overall. And there are
many different ways you can do it. This makes it very easy to invest in different sectors and in
different countries. And the best part about funds is that for the casual investor you only need to
have a look at them every six months to a year, is what most people recommend. So there's a lot less
work involved. My next tip is to find the best place or platform for you to invest depending on
what country you live in. Now this will differ for everyone but, it's important that when you listen
to advice especially on the internet you need to realize that we're all not in the same place.
So for someone in America it might make more sense to invest through robin hood, for someone in New
Zealand it might make more sense to invest in Hatch but; the main point is that you really need
to look and shop around for what platforms and systems are available for you. But, really choose
one that works for you and for your country and your situation. One of the most important steps
for how to start investing is to do one step at a time. Remember investing is just like everything
else, it's something you learn. So you don't have to know everything to start. With investing
in compound interest over time; it's really been proven again and again that it's better to start
small and early than just wait and wait till the perfect moment and invest the big chunk of money.
This is such an important tip and please, please make sure you follow it. And that is to never pay
for advice. Investing is straightforward and easy just like taxes are straightforward and
easy. And it shouldn't be something where you have to pay someone else to give you advice.
Especially not if you're on a budget. An easy way to get free advice is to get in touch with your
bank. Most of us already have a bank so get in touch with your local bank and ask them if you can
set up a meeting where they can tell you about the different options they provide for investing. Now
you might not want to invest in your banks because they normally have higher fees. But, this is a
great place to ask questions to a reliable source and to get a basic understanding of what investing
is. And the other obvious way for me is books. One book I really like that really prompted me on this
journey towards financial freedom is the book by Grant Cardone. It's a terrible terrible book but
it's really good regarding a mindset. Having a healthy mindset about money. So with the really
important step to not pay for advice comes the other tip which is: Do not get scammed. For the
everyday investor, investing is a long game. It is extremely unlikely that your funds will go up a
thousand percent overnight and that you'll become a millionaire. So please don't listen to scammers
on the internet. I know people want to sell you courses, they want to sell you financial advice,
they want to invest your money for you... But, in most cases these are complete scammers and you can
actually save money by just doing it yourself and it's very easy. The same goes for YouTube advice.
If anyone tells you what stocks or funds to buy it's most likely that they aren't correct. Anyone
who's actually giving you advice will give you advice on how to invest or what to look out for
or what to learn about rather than specific funds and stocks to invest. The next one is a really
important step that me and my partner worked very hard on and that is to create a clear and solid
financial plan. The more you talk and think about money the more confident you'll become.
This will also mean you'll be able to make better decisions. So start today. Write down how much
money you have and create goals for the future. Create goals for how much you would like to save
in the next few years, for how much you would like to invest in the next few years and, any
other financial goals you might have. I recommend you review your goals at least every six months to
once a year to make sure that you're on the right track and, that you know what you're doing. And
it also makes it really easy to see if you need to make any adjustments to either your investments or
your financial situation in general. So those are my 10 tips for how to start investing your money.
I suggest you start investing your money today. Investing your money is super fun. It is super
easy if you just learn a little bit about it and it's actually not nearly as hard as the elite of
money tries to make it seem. I know money can be a taboo topic but, I think it's so important
to talk about because we need to learn more about what to do with our money instead of just putting
them away and pretending that they don't exist; but, then also constantly being in need of more
money. Especially for women. I think financial freedom is extremely important and also financial
independence. This means you have more confidence in your actions and your choices and you'll be a
more independent person, which is also a safer way to be. A lot of information that exists especially
regarding financial advice is not directed towards women. Most of the time is directed towards men
and even the content on even modern platforms like youtube is very heavily male dominated.
So I think it's really important as women that we take the responsibility to learn more about money
and that we dare to invest our money and that we dare to talk about money and watch our money grow.
In many ways money is one of the key points to equality because if you have more money
you can make more confident choices and also you're a more independent person. So I end this
video with my favorite quote from Grant Cardone which is, "Live like you're broke not poor." This
means that we need to get rid of the poor or, middle-class mindset. And instead, realize that
we can have financial freedom if we just know how to use our money correctly. It also means that we
shouldn't spend money on unnecessary things which I think goes hand in hand with minimalism and,
that is why i really am so passionate about this topic. Because spending less money and investing
more can be a more ethical choice and it can be just a more financially viable choice. So thank
you so much for watching this video. I really enjoyed making it. If you have any questions or
comments please leave them down below and, please like the video if you like this type of content;
because it really does supports the channel. And don't forget to subscribe because it's really
good for the YouTube algorithm and so it will help my channel to grow. Okay. Thank you. Bye.