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re: Invest it or save it?
Posted on 3/2/15 at 11:36 am to TDsngumbo
Posted on 3/2/15 at 11:36 am to TDsngumbo
quote:
If he doesn't have an emergency fund yet then he needs to save it. If he has an emergency fund of at least $1,000 already, then it's never, ever, ever, EVER too small for investments.
i agree with saving if he doesn't have an emergency fund, however if he does have some emergency money, i think its ok to blow/enjoy it. $1000 would be a very small investment, and that 1k can provide a lot of fun while you are young, single and in college. whether its a vacation, a nice tv, or some crazy partying, you really only live once.
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