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Plynk

Given the current state of the economy (see: the news on any given day), it’s hard to tell whether investing is a good idea. That’s why we tapped Kaitlyn Maloney (she/her), Senior Content Strategist at Plynk, to help give us clarity. Plynk is an app that makes investing less confusing, intimidating, or expensive for beginners by simplifying the process and giving you the confidence to get started. Below, Kaitlyn describes how you can use the app to your bank account’s advantage. Her first thought? “We can’t afford to let our money sit on the sidelines.” So here’s some insight on how to make it center stage:
What advice would you give women who are afraid of investing due to the ever-changing economy, especially right now?
1. Start small: If you’re feeling a little uneasy about the risks associated with investing, you’re not alone. Putting your hard-earned money into something new and unfamiliar can be intimidating. But did you know that you can start investing with as little as $1? You can start with an amount you can part with each month and increase that amount as you learn more and build confidence.
2. Don’t try to time the market: Focusing your time in the market is more useful than trying to decide the “best” time to buy or sell an investment. (Hint: Not even the pros can predict every rise and fall in the markets.) So don’t wait for the perfect day to get started—what’s more important is that you make a move in the first place.
3. Invest in your passions: Getting comfortable investing your money is often easier when you know what you’re actually investing in. With Plynk, you can find investments to align with your interests: whether you’re passionate about natural foods, wind energy, companies led by their original founders, or women-led companies, Plynk offers an array of categories of investments to choose from.
If you download Plynk today, you can earn up to $50 in bonuses to help you kickstart your investing journey.**
**Article produced in collaboration with Digital Brokerage Services LLC.