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Erika Taught Me

How To Invest for Beginners (Step by Step)

Erika Taught Me

Erika Kullberg

Business, Entrepreneurship

4.82.3K Ratings

🗓️ 9 January 2024

⏱️ 59 minutes

🧾️ Download transcript

Summary

I’m running a free “Save $1,000 Challenge” to teach you creative strategies to save money. It’s 5 days long and starts on Monday. Grab your free spot here: https://Erika.com/go If you are focused on increasing your net worth, then you should listen/watch the episode with Dave Ramsey next: https://erika.com/dave-ramsey #66: Jeremy Schneider, founder of Personal Finance Club, has doubled his net worth by reinvesting since he retired at age 36. Think of this episode as an Investing 101 course, where Jeremy and Erika guide us through the basics of investing. It’s completely beginner-friendly, even if you’ve never invested! We cover the most common questions you have about investing, including: - what is a stock? - what is an index fund? - ⁠what should I invest in? - what is Compounding Interest? - The 50-30-20 rule for investing Special thanks to our partners & sponsors: Hostinger: Use ERIKA10 to get 10% off a website and a free domain name at https://hostinger.com/erika10 Webull (free stocks) - https://erikataughtme.com/invest Aura: Get a 14-day free trial with my sponsor Aura and see where your personal information is being leaked online - https://erikataughtme.com/aura As promised, here is the link to join my course 3D Money - take control of your future and transform your money habits. https://erika.com/3dm Prefer video or want closed captions?⁠ Watch this episode on YouTube https://youtu.be/ACXd-GSn0BY Thanks for tuning in and come back every Tuesday for a brand-new episode! Make sure you hit the follow button to get notified. Did you enjoy the episode?⁠⁠ Please leave us a review here⁠⁠ https://erikakullberg.com/review: (just scroll to the bottom and tap on “leave a review”) It really helps the podcast especially since we’re just getting started. Even just a sentence is perfect! Follow the podcast @erikataughtme across platforms. ⁠Connect with me on Instagram.⁠ https://www.instagram.com/erikankullberg/ For more information, go to⁠ www.erikataughtme.com/⁠ Get my Mastering YouTube course, to learn how to grow a YouTube following and monetize it https://erikakullberg.com/MasteringYT ⁠Get more of my free resources. https://www.erikakullberg.com/links

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, it's Erica Koleberg, and before we dive into today's podcast episode, I have an exciting

0:06.6

announcement that can help you save an extra $1,000 without having to penny pinch

0:11.6

or change your lifestyle.

0:13.6

On Monday, I'm running my free five-day savings challenge,

0:17.6

where you'll discover simple and creative ways

0:20.1

that you can save extra money every month and whatever you want to do with that

0:24.0

extra money is up to you. I'll just show you how to save it. The challenge is

0:28.3

totally free to join. All you need to do is go to Erica. dot com slash go.

0:34.2

Erica is with a k and you can secure your spot.

0:37.3

By the way, these strategies that you're going to discover

0:40.0

can help you easily save money.

0:42.2

Whether you're a budgeting novice or a finance expert.

0:46.2

And they're going to get better and better throughout the week.

0:49.0

But I have to tell you, I'm so excited about this and don't want you to miss out.

0:52.6

In November of last year, we ran a savings challenge

0:55.6

and had over 200,000 people sign up.

0:58.6

And on average, people saved $1,05 that month

1:02.3

through what they learned in the challenge.

1:04.4

That means our challengers collectively saved over $200 million.

1:08.8

So trust me when I say you don't want to miss out on this one.

1:12.0

And the deadline to sign up to be part of this

1:13.7

free challenge is Sunday 11.59 p.m. Eastern time. So make sure you secure your

...

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