Budgeting for Investing: How to Find Money to Invest Every Month

"I'd love to invest, but I just don't have any extra money at the end of the month." It's a common feeling, but often, the money is there—it's just hiding. Finding money to invest doesn't require a huge salary; it requires a smart budget and a clear plan.

This guide will show you how to find that "extra" money and explain how Elivo's approach can help you invest even when you think you can't.

Step 1: Know Where Your Money is Going

The first step is to track your spending for a month. This can be an eye-opening experience. Use a simple notebook or a budgeting app to see exactly where every euro is going. You'll likely be surprised by how much you spend on small, non-essential things like coffees, subscriptions you forgot about, or impulse buys.

Step 2: Pay Yourself First

This is the golden rule of saving and investing. Don't wait to see what's left at the end of the month. Instead, decide on an amount you want to invest (even if it's just €20) and treat it like any other bill. Set up an automatic transfer to your investment account on payday. This way, you invest your money *before* you have a chance to spend it.

Step 3: The "No-Budget" Budget: Micro-Investing

What if you could invest without feeling like you're sacrificing anything? That's the beauty of micro-investing, and it's perfect for people who feel they don't have room in their budget.

The "round-up" method automatically invests the spare change from your purchases. It's money you'll hardly notice is gone. A €0.50 round-up here and a €0.75 round-up there might not seem like much, but they add up to a significant amount over a year, all without you having to actively budget for it.

Stop waiting for "extra" money to appear. With Elivo, your everyday spending will become the source of your investments. Join our waitlist and get ready to turn your budget on its head.