Do you want to invest your money? If yes, you will find countless advice offline and online. Almost everyone has an opinion about investing money. But there is no typical cookie-cutter approach that can result in instant wealth accumulation through investment.

Simply put, investment is both a science and art. Hence, it’s crucial to develop the financial literacy you require before starting your financial journey.

Investment methods by Paul Haarman

  • The cookie jar process

This process mainly gets used for the blue-collar workers. And the cookie jar process is efficient for financial planning. It enables you to invest and save in various buckets that get earmarked for different purposes.

You need to envision it from the point of view of a kid saving money in a jar from pocket money for buying their best chocolate. Hence, the adult version would indicate utilizing fixed deposits and online saving accounts that are high yielding and get reserved for particular costs. And Paul Haarman says that this child-like process is efficient and is an initial step for allocating funds and managing expenses.

  • Opt-in for the algorithm-oriented advisors

Opting for financial suggestions from the online platforms and algorithm-oriented apps that don’t have any human element attached to it might appear unconvincing and odd initially. But the robo-advisors use algorithms to draw up detailed investor profiles and suggest a customized investment solution. And today, with technologies like deep learning and artificial intelligence, the robo-advisors work to understand and also predict the financial preferences and financial goals of the investor’s financial preferences and goals and decide the risk.

The automated investment advice can gradually disrupt and enhance the financial advisory domain because of increased customization. It is easy to use and allows the novices to start investing, taking assistance from robo-advisors. It is available in user-friendly and reasonably priced apps that need lesser investment minimums and conventional investment firms. Hence, you must invest your capital in a low-cost and highly diversified portfolio comprising of favorable bonds and stocks.

  • Don’t get afraid of the stock market, suggests Paul Haarman

Conventionally, the stock markets get viewed as a risky and volatile space. But when you research about stock principles and a few rules, you can make financial gains. Initially, the investors might buy selected shares and restrict the risk exposure. And when you have a deeper understanding of stock trading, you can buy more shares and increase the stake in the company. In terms of being an investment device, the stocks are considered to be very liquid. The process of selling and purchasing stocks is relatively easy, and you can get it done with just a button click through your smartphone.

Hence, according to Paul Haarman, investing your capital might appear like a challenging task initially. But when you take assistance from multiple online platforms and apps, the job can become more manageable. If you decide to get started with little money, it will act as a massive step for securing the financial future for the long haul.


By Salman Ahmad

I am Salman Ahmad an Engineer by choice, Blogger, YouTuber, and an Entrepreneur by passion. I love technology in my day to day life and loves writing Tech Articles on Latest Technology, Cyber Security, Internet Security, SEO and Digital Marketing. Blogging is my passion and I own some popular sites,,,,, &