Financial stability and growth require a smart approach. Planning your investment budget is a key step to financial success and achieving your dreams. Let’s figure out how to calculate the investment budget and where to start. Financial airbag Before you start investing, make sure you have an airbag. This is a financial reserve that will allow you to deal with unexpected situations such as job loss or medical expenses. Determine the amount you would like to have as an airbag, usually between three and six months of spending. Create a separate account and regularly save money to it so that you are prepared for unforeseen circumstances. It is recommended to form a safety airbag and a portfolio of securities in stages: first accumulate the necessary cushion, then start investing. Otherwise, in the event of force majeure, you are left without full insurance. For example, the airbag has not yet been […]
