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Financial Adulting
350 XP
Field Challenge

Open an Investment Account

Open a Roth IRA or brokerage account and make your first investment — even if it's just $25.

1

Choose a brokerage: Fidelity, Schwab, or Vanguard (all have $0 minimums)

2

Open a Roth IRA if you have earned income and are under the income limit (~$161k for 2024)

3

If you already have a Roth or prefer a taxable account, open a brokerage account

4

Fund it with whatever you can — even $25 counts

5

Invest in a total market or S&P 500 index fund

6

Set up automatic monthly contributions if possible

7

Report: what did you open, what did you invest in, what's your monthly contribution amount?

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Where did you open it? What fund did you invest in? Did you set up automatic contributions? The account being open and funded is the whole win here.

Submit your work

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