Daily Money & Investment Tips: Day 2

Open a new bank account and call it "Investment", then on a fortnightly basis transfer an amount into this account (this account is not for savings).

The amount (or percentage) is something you have decided on after creating a budget (knowing each fortnight that you can live without this specified amount).

Once the amount, in this new account reaches a set figure, for example let's say $250.00. Then start investing, as you have already prepared yourself to lose any capital that you put up (although we hope this never happens).

Diverse your investments and experiment, for example:

• buy cryptocurreny (bitcoin, etherium, dash and litcoin seem good options).
• buy shares.
• start a small import/export business on ebay.
• create something hand made and sell/advertise through Facebook and Instagram (international audience).
• put up some capital for a mutual business with a friend.

The list goes on.

Whatever you do have fun, dream big and take a risk.