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Where to Start Investing If You Are Still Paying Off Student Loans

On average, today's graduates typically enter the workforce with nearly $40,000 in student debt.

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In this video, Entrepreneur Network partner Phil Town discusses the likelihood of young people investing even while holding staggering student debt. The prospect of putting more money aside when you are working at chipping away at years of loans can seem nearly impossible.

If you are able to invest, Town advises that money invested at a young age carries more value, since it has more time to compound. When investing, it's important to keep in mind that even small amounts can make a difference.

Moreover, if you want to move toward financial freedom, an important step is making an effort toward saving.

Click play to hear more.

Related: Here's the Closest Way to Successfully Time the Stock Market

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