We can't really make these big investments and have these beautiful multifamily units and big businesses right but we got to start somewhere. I'm gonna get this out of the way because I'm pretty sure in every single how to invest article they touch on this.
1. Invest in Yourself
There are options out there you don't always have to pay so you could find something you're passionate about I don't believe in getting rich quick and I don't believe in just being in something just for the money.
You have to have some sort of passion because it's going to feel like a job and it's going to feel like hell I've been there before so trust me if you haven't found it yet don't worry you could put your hands in different kinds of pasta till you figure that out.
Make sure you exhaust all your free resources and obviously you need to figure out what it is that you want to invest in. So if you're somebody who wants to invest in stocks but you don't have all the capital yet so start making those purchases.
2. Get Educated
Be a guru in that field be very well educated exhaust all your free resources which will be Google YouTube the library and all we haven't been to the library in a while it still exists though I think I saw one the other day but take advantage of this information age that we live in and educate yourself so that when you do have the money you can just get straight into it.
3. Network
But she'll be surprised at what you'll find if you network and take time to get yourself familiarized with people in that field you're trying to get into.
So for example with real estate, there's plenty of free meetups and you can bounce ideas off of people.
A lot of times they'll be willing to help you and kind of show you the ropes for free that kind of exposure is priceless and it costs you no money.
4. Offer Time Over Money
If it's somebody that maybe you want to learn from if you found someone who's investing in something that you want to invest in all for your time but pro bono that means free.
But you can just reach out to somebody I've actually done that before where I've reached out to someone and said hey I really want to get more information on this field would you mind if I worked for you and really do something for you and then I'm not even charging any money.
And the response is of course I mean who doesn't want free help and then what's great is if you pick the right person you're gonna get the exposure that it's gonna be worthwhile.
So once you have all of the education and you've exhausted your resources and you've networked and you try to find a way in the field for the free then you can think about finding ways to earn money.
5. Having Multiple Streams of Income
There's plenty of videos on YouTube so if you just side hustles are multiple streams of income.
What I typically have seen is affiliate marketing having blogs a YouTube channel obviously at first you're not going to monetize but if you're consistent you can monetize that.
There's plenty of services you can do dog watching services you can do babysitting I know those are time-consuming but that's a good way to get your money up.
You have to be very strict with any extra money you do get because that will help fund whatever investments you are trying to make so keep your expenses low.
Once you make more money don't spend more money take that money and invest it back into yourself back into your craft back into your business let that money make you money.
That's all for today we aren't going to talk about investing with actual money but I think even before you start throwing money into anything.
It's so important to have these down as your foundation so that when you aren't building up your investment portfolio.
It's based on things that you're extremely knowledgeable about that you put sweat equity into and that you're totally passionate about.
