Investing

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.
VIP Contributor
2 min read
Opinions expressed by Entrepreneur contributors are their own.

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

Entrepreneur Network is a premium video network providing entertainment, ewitducation and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on RokuApple TV and the Entrepreneur App available on iOS and Android devices.

Click here to become a part of this growing video network.

More from Entrepreneur

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

Whether you are launching or growing a business, we have all the business tools you need to take your business to the next level, in one place.
Enroll Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.