The two most common resolutions for the New Year are starting a diet or going to the gym. In the U.S., out of all Americans that plan to have a resolutions list, only 27% of them plan to improve their finances. When we know that 78% of Americans are living paycheck to paycheck, it can be scary to see so many people that won’t plan to do anything about their finances. If you want to be part of the 27 %, follow our steps to achieve most of our 13 financial New Year’s resolutions.
Low risk investments are a great way to start investing your money. They are one of the best investments to grow your emergency fund money. In this article, we go through the 5 low risk investment options you can start using today!
Low risk investments protect your money against partial or total loss. In other words, you won’t lose any of your principal or the interests paid. However, the interest rates offered in those accounts can still vary over time. Low risk investments are a great way to fight inflation and reduce the stress of high risk fluctuations.