Welcome To The Tip Jar
-
Plynk

If you’re the kind of person that has full intentions of saving $ but throws them out the window every time you crave iced coffee, congratulations! We have something in common. Luckily, with a little help on the money front, you can have your iced coffee and save, too. But if your brain immediately fogs over at the mere mention of the word “investing,” you’re in luck. Today, Maya Sudhakaran (she/her), Head of Growth & Acquisition at Plynk, is helping break down how to break into investing. “We get it, there’s so much information out there,” she says. “But rest assured, you don’t have to do everything all at once.” Read on for her tips on how to start investing. (Hint—it’s a lot easier than you think.)
I’m so overwhelmed by investing. Where do I start?
- Open a brokerage account: Plynk offers a $10 sign-up bonus for new customers who open an account and link their bank, says Maya. From there, Plynk’s simplified investing experience can help you find what to invest in. Once you’re ready to dip your toe in, you can buy your investment with as little as $1—no major money moves necessary!
- Be consistent: The easiest way to ensure you’re working toward your goal is to keep consistent. Whether you continue to do just $1 a month, or want to bulk up your investment to $100 a month, the most important thing is to keep at it. It feels much more doable in small amounts. And to make things even easier, Maya suggests setting up recurring investments that get automatically transferred.
- Reward yourself: According to Maya, the easiest way to keep up with your tracking is to set up milestone rewards for yourself. These milestones can be anything from investing a certain amount of money to spending time researching where to put your cash. And when you hit those milestones? Make sure to treat yourself!**
**DISCLAIMER: Article produced in collaboration with Digital Brokerage Services LLC.