How To Invest for Beginners (Step by Step)

Erika Taught Me

#66: Jeremy Schneider, founder of Personal Finance Club, has doubled his net worth by reinvesting since he retired at age 36. Think of this episode as an Investing 101 course, where Jeremy and Erika guide us through the basics of investing. It’s completely beginner-friendly, even if you’ve never invested! We cover the most common questions you have about investing, including:

- what is a stock?

- what is an index fund?

- ⁠what should I invest in?

- what is Compounding Interest?

- The 50-30-20 rule for investing

Special thanks to our partners & sponsors:

• Hostinger: Use ERIKA10 to get 10% off a website and a free domain name at https://hostinger.com/erika10
• Webull (free stocks) - https://erikataughtme.com/invest
• Aura: Get a 14-day free trial with my sponsor Aura and see where your personal information is being leaked online - https://erikataughtme.com/aura

Want to watch it with visuals?⁠ Watch this episode on YouTube https://youtu.be/ACXd-GSn0BY

As promised, here is the link to join my course 3D Money - take control of your future and transform your money habits. https://erika.com/3dm

I’m running a free “Save $1,000 Challenge” to teach you creative strategies to save money. It’s 5 days long and starts on Monday. Grab your free spot here: https://Erika.com/go

If you are focused on increasing your net worth, then you should listen/watch the episode with Dave Ramsey next: https://erika.com/dave-ramsey

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