I really enjoy these writing prompts and I typically only take advantage of the prompts that can relate to investing.
The question, “What’s one small improvement you can make in your life?”
Well for me, it’s a small improvement that turned into big improvements that eventually turned into a whole new interest for me. When I first was learning about investing, I was only using small amounts of cash to start. $1.00 fractional shares, $5.00 here and there. Eventually this all snowballed into putting more money that I ever thought I would into the market.
If your money isn’t working for you, then it’s losing value for you. Instead of just keeping your money in a savings account that gives hardly any interest, you can learn to make small improvements in education about investing. You only need a few dollars to get started, and before you know it, it’s snowballed into one of the greatest hobbies you might ever have.
My small improvement came when I decided that Day Trading was not right for me, but something within the market was. I could feel it. Seeing the news, learning about companies, financial statements, up days, down days. I needed to learn more of how it all worked. I needed to understand where my money was going and what could it do for me.
Once I started investing, I read a book (yes, I am bringing it up again!) called The Richest Man In Babylon. This book isn’t just about investing, but about paying yourself first. Build your savings, so that you can invest or have dry powder for great opportunities. The Richest Man In Babylon is a great way to show that these small improvements with your savings, turns into bigger and bigger sums.
The snowball effect or compounding interest is one of the greatest wonders of the world, and if you aren’t taking advantage of it, you are missing out. So why not start with one small improvement in your financial knowledge. This small improvement will turn into a big improvement, and it will help you help others down the road.
Tell me, have you had any small improvements lately? Have you read The Richest Man In Babylon?
Thrifty Investing 
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