I often hear young people say they want to retire early. When I ask them how they plan to do this, these same people will tell me that they need to invest to be able to do so, but they do not yet earn enough to be able to invest.
To me, you don’t need much to start, but you need to start. In an earlier blog post, I shared how even investing as little as $10 a month in dividend shares can give you a sizable passive income when compounded over time. Hence, it is my belief that we all earn enough to invest and it is our poor money habits that prevent us. With some thought and effort, we can easily plug these money leaks and “find” the money to invest.
SCAMPER is a brainstorming technique used to develop, or improve, products and services. It is also a technique everyday consumers like you and me can use to help reduce our monthly living expenses. An acronym, SCAMPER stands for Substitute, Combine, Adapt, Modify, Put to Other Use, Eliminate, and Rearrange. Here are some examples of how you can SCAMPER your way to some investment money:
