6 things to do before you start investing

Here are 6 things to do before you start investing.

Build Emergency Fund

First things first, Emergencies will happen, So be prepared so they don’t derail your financial plan.

Know Your Cash flow

Budget is a cash flow plan. and let you know how much you  can afford to invest each month.

Pay down debt.

Minimize or eliminate debt. Paying less in interest is like and investment gain.

Track your net worth

Net worth should be your number one metric when working to build wealth. It is the no that really matters.

Define goals and Priority

Understand why you are investing. it will help you keep motivated. and on track to achieve your goal.

Understand basic

Understand what is stock, Fund, Volatility, SIP, Risk and other basic concept.

 



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