Step 5--Create an Abundance Fund
- Leslie Lewis (she/her)
- 5 hours ago
- 1 min read
An 'Abundance Fund' of at least $500 in cash at all times would put you ahead of the 42% of Americans who don't have an emergency fund.
Watch the video below to hear more about this essential tool for anyone who wants to get started with investing.
We will hear about the Abundance Fund again in steps 7, 9 and 12, but for now, $500 in cash, and replenishing it as soon as possible when it gets tapped, is a key step for future investors.
And for those who are interested, the last post on step 6 from 2023 is here.
Do you have an Abundance Fund? Let us know in the comments! and as always, thanks for reading this.
Quick Links:
Step 1 in the MGB Investing Starter Kit process is HERE
Step 2 is HERE --Keep a Digit Tally, like You Need A Budget or RocketMoney or our free tracker HERE
Step 3 is HERE
What is Investing? is HERE
What is The MGB Investing Starter Kit? is HERE
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