Why You Should Focus on Increasing Your Income Before Investing
My philosophy, which I discuss in the short book I’m preparing, is that unless you’re making roughly $60,000 to $80,000 a year, you shouldn’t be worrying about where to invest your money. That’s my personal opinion for several reasons.
If you aren’t earning enough yet, concerns like whether to invest in crypto, stocks, or other assets can distract you from the most important task: increasing your income.
Your priority should be making more money first. This approach lays a stronger foundation before diving into investment decisions, which often require having surplus funds to put aside with less risk.
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