Should You Invest? Here's 2 Important Lessons On Saving And Investing

Do you currently have cash in a savings or current account and thinking of a Money Market Fund?

Do you wish that money could yield higher returns without the hassle of withholding tax and bank charges?

Are you saving up for your special day, payment of school fees or your dream holiday?
Or trying to save enough money to start a business or acquire that asset?

If you answer the questions above in the affirmative, this is for you.

I will like to use this opportunity to create awareness on the reasons for investing. On the purpose of this publication, I will talk about two important reasons why you should invest your money.

I discovered that so many people in active service don't have an idea of what they should do when it comes to the issues of investment or don't even know that they should invest. In the light of the above. I will be taking you on the journey of why you should invest your money.

Hey! If you must be wealthy you have to invest your money in places that'll give you enough assurance that you're going to get returns in at rate.

If you don’t invest, you are missing out on opportunities to increase your financial worth. Of course, you have the potential to lose your money in investments, but if you invest wisely, the potential to gain money is higher than if you never invest.

For the sake of this publication, I will talk about two reasons why you should invest your money

1. It will help In Growing Your Money

There is a common saying that “if you don't know how to make your money work for you while you are sleeping, you will work till you die”. Yes, I totally agree with that statement.

Investing your money can allow you to grow it while you are asleep. Most investment vehicles, such as stocks, certificates of deposit, or bonds, offer returns on your money over the long term. This return allows your money to build, creating wealth for you

2. You Are Saving for Retirement

Oh, I think this is the most important. Even though some of us feel that we are workaholics, we can always work to get what we want, we should also remember that we will retire someday. Even Though we don't want to, our strength and age will definitely retire us.

So while you are in active service, you should start saving money for retirement, but it's not enough to save but to also put into investments that will yield immensely and get you going even if the government refuses to pay your pension. { Yeah!! We all know this happens right?}

The rate at which pensioners die of hunger and ill health for inability to pay their bills is so alarming. 

This should be a wake-up call to everyone out there who cares to listen and start investing/saving for the days ahead.

© #EC'Magazine 
written by: Esther

You Might Also Like