I Have Never Been So Embarrassed
Before I was investing, we were living off of charity
I have never told this to anyone before, but there was a time when my wife and I couldn’t even afford to buy groceries. We were paying rent, car insurance, our utilities, but we hit a spot in life when there was nothing left after those bills.
It was so embarrassing for me.
Especially since I was working a full-time job with a Fortune 500 company. But, it wasn’t enough to support me, my wife, and my newborn baby. We had bills, debt, and everyday expenses we couldn’t afford.
It was scary. I was beginning to look for ways to make up the difference. Had it not been for our parents and some friends who would come by with groceries, we would have been in a very tough spot.
I will never forget the time someone gave us a couple of hundred dollars on a Fred Meyer gift card. It meant the world to us. Even now, I tear up thinking about how much it meant to me.
Over time, things have gotten better.
Everyone starts somewhere. When my wife and I were married we were both working, living in a cheap apartment, and were scraping by financially. Then we moved to the suburbs and had a baby. My wife stayed home because that was really important to us.
Things got tight. Really tight. But we were starting out all over again. Since then, I have had promotions. We have moved a few times. Made some wise decisions with a little blessing from God, and are doing better.
In fact, in the last few years, we have saved money and started investing. Things can still be hard sometimes being a single-income family too. But, it isn’t the same as it was before. We also have three kids now, so that makes a difference too.
Everyone starts somewhere.
So often, people don’t think it’s possible to start investing. In fact, we believe we can never invest until we reach some kind of financial milestone. We have to be debt-free. We need to do this. Or maybe you think you have to make so much money or have so much money to invest.
We all start somewhere.
But, we don’t have to stay there. It took ten years before I could use my 401K match at work and be able to invest extra on the side. But, it is happening and I am thankful for it. That is why I tell you my story. You can literally start investing with barely anything.
The truth is, you only need $1.
If you want to start investing and finding ways to make what little money you have available work for you, start with $1 a day. That comes to $365 a year. If you invest in the right things, you can have a 4% growth to that $365 and receive a 4% dividend income.
With that 8% on $365 you all of a sudden have $394.20 at the end of the year. The more you invest later on, the more you can make later. So why not invest $1 a day or $7 a week?
Are you ready to start investing $1 a day?
I love investing and I love getting free stocks. So, I want to share with you three ways you can get some free money or stocks that will allow you to invest $1 a day.
So, I hope you sign up with one or all three and start investing your money this week. It will totally be worth it and you will thank me later.
I have exciting news to share: You can now read The Dividend Investing Dad Newsletter in the new Substack app for iPhone.
You’ll have a dedicated Inbox for my Substack and any others you subscribe to with the app. New posts will never get lost in your email filters or stuck in spam. Longer posts will never be cut off by your email app. Comments and rich media will all work seamlessly. Overall, it’s a big upgrade to the reading experience.
The Substack app is currently available for iOS. If you don’t have an Apple device, you can join the Android waitlist here.