17 Jun 2026 | 5 mins
Overview
  • How much should you save before investing?
  • Spoiler: it's probably less than you think.

Most people put off investing for the same reason: they don't think they have enough money yet. They're waiting until they have “enough” saved in the bank, before they take the leap. The problem is, that moment rarely comes.

Thing is, you don't need hundreds of dollars to start investing. In fact, that’s exactly what micro-investing was created for. With platforms like Raiz Invest, you can get going with just a few dollars. The idea that investing is for people with serious money sitting around is one of the biggest myths keeping young people out of the market.

Why small amounts matter

When it comes to investing, time and consistency is far more important than the size of your first deposit. The earlier you start, even with tiny amounts, the longer your money has the potential to grow through compound returns. So not only could you receive returns on your deposits, but also on the returns themselves. Over years and decades, that effect could genuinely become significant.

Turning spare change into

Micro-investing apps like Raiz let you invest spare change automatically by rounding up your everyday purchases. Or, if you’d rather set an amount yourself, you can schedule automatic investments each day, week or month that fits your budget! You don't need a financial advisor or a brokerage account to get started, you need a phone and a few dollars.

The actual barrier isn't money

If investing isn’t something you’ve been putting off until the future, it could be worth reconsidering. Of course, you should consider your own financial circumstances and make sure you have some emergency savings set aside to cover things like bills, travel, or emergencies.
 

But if "not having enough money” was the only thing holding you back, becoming an investor is simpler than it’s ever been; all you need to do is start. And if you're not sure where to begin, Raiz has plenty of in-depth resources to help you make your first investment, without needing any prior experience.

*This information is general in nature and does not take into account your objectives, financial situation or needs. Tax outcomes depend on individual circumstances. Consider seeking independent tax advice if needed.