Factors you should consider before investing or trading
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Factors you should consider before investing or trading

Monthly income
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Monthly income

Assess your monthly income, focusing on what remains after covering essential expenses.
 

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Saving fund
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Saving fund

Prioritize building an emergency savings fund, especially if struggling financially.
 

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Evaluate balances
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Evaluate balances

Evaluate your debt balances and interest rates, devising a plan to pay down high-interest debts.
 

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Allocate funds

Allocate funds for investments while ensuring minimum debt payments are met.
 

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Reassess your budget

Regularly reassess your budget as you make progress in reducing debt.

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Recongnise the need

Recognize the importance of emergency savings to avoid reliance on debt during unexpected events.

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