I’m sure everyone has heard of stories of people who invested in stocks with a company when they were virtually unknown only to rise dramatically which made every early investor very rich. Many times they talk about how the stock was only worth a few cents as an example which brought up the conversation on how many times one probably can invest in things like these if they cut back on some pleasure spending.
For example, let’s say there is a company where you could spend maybe $100 dollars where the stock is only again worth a few cents. Most would say that is too much money to risk and so they don’t even try. That’s when one person was breaking down some of the typical expenses that people have on a daily basis such as getting a cup of coffee or dining out. It’s nor surprising in many cases where people could easily save one hundred dollars in literally less than a week. That makes me wonder if that is enough to motivate one to try and save money for the purpose of investing which may or may not provide a return.
I guess you could argue that would be like playing the lottery or going to the casino, but the general thought should also apply to saving money to starting a side business as an example. There are plenty of things one can do nowadays with that little money such as an e-commerce business where the trouble for most is just getting started as many would say they can’t afford to do so when you really can.