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     Not many people have the opportunity to sit down and plan out what to do with there finances and how their going to invest. I find one of the most rewarding things in life is to be proactive with the time. Everyone knows there is only 24 hours in a day and 60 minutes in a hour. Take it a bit further and there is 168 hours in a week and 10,080Mobile  status 2.jpg minutes in a week. The average person works 40 hour weeks, which means their left with 128 hours. I am not going to tell your how to manage your time this isn’t what this post is about. What I am trying to tell you is that you can manage your investments with only 3 hours per week, and still make money to build a future.

     Earning a lot of money is not the key to prosperity. How you handle it is.

Quoted by: Dave Ramsey 

Dave Ramsey is one of the most biggest authors for financial growth and debt recovery. His net worth is $200 million. Dave is also a great businessman who has a website and a channel on YouTube Dedicated to help individuals get out of debt.

So the ways that help you with your finances on the go that hardly take up any time are:

  • Mint
  • Lending Club
  • M1 Finance

 

Mint is an application you can get on your phone for free and it helps you see where your money is going. Mint helps you save and gives you notification regarding your spending. I personally use this app and I find it to be helpful. In the app it even shows passive ways to invest, and even shows you credit cards that give you the highest rewards.

Lending Club is a peer to peer lending application that you can download. They offer 3-8% back in interest per year. The minimum needed to start investing with this company is only $1000. Lending Club shows you everything you need to know about the person your want to invest in, also gives you an option for risk. The higher the risk, the higher the percent.

M1 Finances is an online investing app that takes $0 to start and no cost or fees on your first trade. I heard about this site from my favorite financial planner Jeff Rose. They also have automated investing that allows you to be the passive investor you want to be. They also let you pick stocks that you know and want to invest in. M1 finance is also “TAX FREINDLY” which means you don’t have to pay taxes on your earnings.

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