5 Good Reasons Why You Should Invest Your Money
So is investing money risky? Is it a magical world where your money can grow infinitely? Or is it just another part-time job that you have to work on? Investing your own money can mean many things to different people. Some people invest as a full-time job, some people invest as a source of a part-time income, but it's not surprising that some people do not invest at all.
There is no denying that there are many benefits when it comes to investing your money for it to grow in the future. Yet, some people avoid investing and stick to their normal job as a main source of income. This could be from many reasons such as, thinking its too risky, laziness, not enough time, not willing to put in effort, etc. However, hard work for money no longer applies in this coming day and age, because no matter how hard you work in your normal job, the amount of income would always remain the same.(unless you own your own business of course). Instead we should make our money work for us !
Whether we choose to invest in stocks, bonds or even real estate, there is always a risk involved unless you know what your doing. It is recommended that before starting up investing, it is always good to gain further knowledge, study and practice on the subject before starting investing in big amounts of money.
All in all, there is no doubt that there are significant benefits in learning how to let your money grow. Here are 5 good reasons why:
1) Money Works For You
Basically, after learning how to invest and once you place your money/funds into what you want to invest in (stocks, real estate, etc), you don't have to do much besides monitoring how your money is going or whether the stock market is doing good or bad. This also gives you a lot more time to do your own thing rather than dedicating so much time in life working for a paycheck that in most cases is not enough to cover all of our expenses and needs.
2) More Control Over Your Life
Money makes the world go round. The younger you are, the better it is to start learning on how to control your money. Learning how to control your money is basically learning how to control your life, because lets face it, nothing is free in this world. This is essential to avoid getting trapped into living beyond your means, or getting into debt we don't even realise. The sooner you choose to save and invest money, the sooner you can live the life that you want to.
3) Achieve Your Dreams
Been thinking of buying a new house, a new car or a going on a long holiday around the world? But you don't have enough money or don't think you can make enough money after deducting all of you living expenses? Well one way you can achieve all of the above is through investing money. Investing your money to grow over time will increase not just your total income but the chances of you achieving your goals or dreams.
4) Becoming Financially Free
Becoming financially free is probably everyone's dream to not worry about wasting money anymore, but not many are willing to but in the effort and time to achieve this. As Robert Kiyosaki said, "One of the reasons people aren't rich is because almost everyone has more excuses than money". The reality is no one is going to look after your own money, you have to take care of it yourself. Using your money to invest in or even opening your own business when you have enough money to increase even more passive income, can lead you one step closer to being financially free.
5) Supporting A Cause
On the contrary on what most people think that learning and being able to invest money is just for a selfish cause, it could also mean that you can invest your money in other concerns. Do you strongly believe in a company, support groups or even charity donation programs? Investing your money is like giving you the ability to vote with your money, which can lead to certain companies or programs in giving back to society and people.