We are in unprecedented times. The world is in shock and awe as this terrible virus swirls around the globe with the President of the United States declaring a national emergency, unlocking billions of dollars to prevent America from falling into desperate times.

For every person in America, there is immediate concern and stress that has come over each one of us almost over night. Where did this come from and why can’t I get my normal life back?

Each one of us has a different set of concerns. How do I prevent from getting sick? Should I just sit at home and cut myself off from society? What just happened to my 401k plan and now what? Will I have a job tomorrow? What should I be doing now to protect my financial future?

These are unprecedented times and they don’t come with detailed instructions. So what am I to do? We wanted to attempt to calm everyone’s nerves here and provide some tips on what to do financially given this sudden outbreak and global pandemic that has completely uprooted our lives as we know it.

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About a year ago, I was on the look out for other interesting avenues to invest money into. I tried out several of these companies that were either giving away free money or free stocks as incentive to sign up for their service.

After a number of services gave me free money or free stocks, I started to fall in love with the concept that one of these services provided.

Have you ever been to a store where they ask you if you are willing to round up your purchase that you make and they will give the change to a local charity that the store is supporting? This service does the same thing, except that it’s for every one of your purchases and guess what, it’s not going into a charity, but rather it’s going into your investment fund.

Why is this a brilliant idea? Well who thinks about the change anymore when making purchases right? If you go buy lunch and it comes to let’s say $7.67. Would you care if that lunch actually cost you $8? Probably not.

What this service does for you, is detects that you spend $7.67 in your checking account and it comes in and takes 33 cents out of your account to round that purchase up to $8.

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When I was younger, no one sat down with me and explained the world of investing to me. I remember when I was a teenager, wondering about what these things called mutual funds were, but I never actually figured it out until much later.

To further that, I figured at the time that I never had enough money when I was young to make a dent into the world of investing. This was dead wrong and the thought process a lot of people get pulled into and they shouldn’t.

I wish someone had explained investing to me because the earlier that you invest your money, even if it’s not a significant amount of money, the more compound interest you have the opportunity to earn in your lifetime.

Speaking of compound interest, I wrote a post last year called How to Get Rich & Retire By Age 50, where I show you that even setting aside $1000 a year can fill out a very nice retirement fund by the time you are 50 years old. The key to making this happen is to started investing early, even if the investment each month is not very much.

In these examples, I am only suggesting you invest a whopping $84 a month starting at the age of 18. If you do just that, at an aggressive growth stock strategy and watching what you are investing in, you could have over $2,000,000 by the age of 50.

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