13 Great Ways to Invest Small Amounts of Money

Author Adidas Wilson
3 min readOct 6, 2020

Investing is wise. But in most cases, a lot of money is needed and this locks some people out. If you are one of those people, you’ll be happy to know that investment does not always require lot of money. It is possible to start small and move up from there. Here are some of your options if you do not have much money.

High-Yield Savings Account

Money in your savings account earns interest. However, most conventional banks pay a very low interest. Online banks, on the other hand, give high-yield savings accounts.

Commission-Free ETFs and Funds

Securities are hard to invest in because brokerage companies require you to pay a fee to sell and buy the stocks. Given the amount they charge, it is only cost-effective for people who trade a lot of shares at once.

Companies such as Charles Schwab and Fidelity now have a list of securities that can be traded without a commission.

Low Cost ETFs and Mutual Funds

Apart from commission-free securities, there are those whose expense ratios are low. One low-cost option is the index fund.

401K Plan

Employer-sponsored retirement plans like 403b and 401K allow you to direct a portion of your income to another account and use it to invest in mutual funds.

Even if your salary is low, you can contribute as little as 1% at first.


This app helps you invest very little money. The best thing is being able to purchase fractional shares of ETFs and stocks. You only need $5 or more to start.


This is another app where you contribute your spare change for investment. You can start today for only $1 per month and for free if you are a college student. Link it to your bank account so it can round up your purchases and invest the difference for you.


Betterment is one of the most popular robo advisors in the world of investing. You don’t need a minimum balance and the annual fee is as low as 0.25%.




Author Adidas Wilson

Adidas Wilson was born in Chicago, surviving a near death experience driving off a bridge in an 18 wheeler and getting hit by a train. Author and Motivator