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How to Invest When You Have No Money

wondering how to invest when you have no money? believe it or not, it is actually possible. here are a few ways you can start multiplying your money when you’ve got little to none!

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So you want to start investing because the internet won’t shut up about it. This year alone we’ve seen the GameStop/Robinhood craze, the rise of Tesla stocks by nearly x% and now the NFT boom (wtf is an NFT)! Obvi you want to get involved in all the money being made but, well, you don’t know how to invest when you have no money.

In that case, you’re out of luck, right? NOPE!

Even if you’re short on cash, there are a lot of ways you can start investing when you have no money. We’re going to break it down for you so you can take your pick of any one of these awesome ways to start collecting that bag with little to no money invested up front. 

How to invest when you have no money

Option #1: Budget

While this seems like a boring suggestion, it’s the easiest way to get a head start on investing. You can look at it as making some extra money by cutting out excesses you can afford to go without for a while…

Seriously, stop spending money on lattes and food delivery fees.

We’re not taught much about budgeting in school — or at least, we don’t get taught the true importance of it). But knowing how to budget — and stick to a budget — is a skill you’ll need to master if you want to make your money dreams come true.

By creating and tracking your budget, you can shave off quite a bit in savings and use that money to make some investments. Free budgeting apps like these will help you budget more easily and link your various accounts to see exactly what is eating up all of your money.

Wanna learn more on what exactly you should be doing to budget your money right? We got you covered.

If you can identify 10% of your monthly expenses as being money that could be used for investing and not those Doordash orders, you’ll give yourself a head start on investing. 

Option #2: Dive Into Crypto 


Cryptocurrencies have been around for over a decade now and have made millions of people incredibly rich. While it’s definitely a highly volatile market, you can invest very little and potentially see gains of 10x, 100x, or even more. When there’s a raging bull market in the crypto space, you can pretty much randomly pick a cryptocurrency and see your investment grow.

Heads up though, you’re gonna want to research a LOT before diving in. We’ll be creating more crypto content in the future to help you out here. (ahem, subscribe to our newsletter to get updates).

The key when investing in crypto is to never invest more than you are willing to lose. There is currently a bull market so you have a good chance of making it rain when you invest just a little bit of money.

Still, buyer beware. As goes with any type of investment, you do need to be aware that you might actually lose money if you don’t know what you’re doing — or if the market just decides to take a deep dive for no good reason.

This is definitely a risk vs. reward situation, but investing in crypto is definitely something to be aware of and try out if you’re willing to take a riskier approach.

Option #3: Contribute to a 401(k)

If you’re working for an employer that offers a 401(k) plan, jump on that opportunity right away! This is literally your employer giving you free money. The only catch is that you need to cough up your share as well.

Sooo wtf is a 401(k) exactly?

Employers will usually match your contribution, generally going up to 3% of what you make. That means you will see your income grow by 3% just like that. This way of how to invest when you have no money lets you contribute your share before your money gets to your bank.

You’ll want to set up your 401(k) contribution in a way that makes sense for you and your budget, but this is definitely a great option for a long-term investment strategy.

Option #4: Buy or Create NFTs 


If you haven’t heard, NFTs are some of the most hyped-up digital products today. Standing for “Non-Fungible Tokens,” these are essentially creative works, especially digital art, that is made and sold for cryptocurrency on special NFT marketplaces.

fungible = something that’s interchangeable
non-fungible = something that’s one-of-a-kind

Trading NFTs has risen to an eye-popping $100 million per day. If a 12-year-old Benyamin Ahmed, creator of the 8-bit Weird Whales NFT art collection, can make close to $400,000 from these kinds of simple NFTs, so can you. All it took for him was to invest around $300 to generate 3,350 whale pictures.

Kinda mind blowing right? Especially when you see what these “Weird Whales” look like…

weird whales 1 weird whales 2 weird whales 3

…Errrr, seriously? That looks like a whale-version of Flappy Bird with some silly hats on, but ok!

As silly as it may look, people are spending money to own these digital art works. Maybe it’s time to get creative and make your own!

Next steps for investing when you have no money

With a small investment (with most of it being your time), you can jump in on the latest craze that people are throwing money at left and right. For more on NFTs, check out this article.

Welp, these are just a few effective methods for how to invest when you have no money. As you can see, sometimes all it takes is reframing what you already are making and have, as well as being a little creative.

Try out one of these methods that speaks to you the most at first and go from there. You’ll be well on your way to seeing your stacks grow before you know it. 

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