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The Benefits of Starting Small
Starting with micro-investing offers several advantages. Firstly, it eliminates the intimidation factor associated with investing large sums of money. Secondly, it instills a habit of saving and investing, which can have long-term financial benefits. Over time, as your investment grows, you can choose to increase your contributions or diversify into other investment vehicles. According to the Securities and Exchange Commission, consistent investing, even in small amounts, can significantly impact your financial future3.