SAVE TO INVEST

save to invest 3

Developing a habit of saving is the road to financial freedom and that’s undeniable. Saving helps you live below your means, free you from paycheck to paycheck lifestyle and also grow in confidence. Saving is a path to achieving a lot of goals and even start your side hustle. Saving ought to add to a good amount of money you use for investing. You can’t make more money by saving alone. When you live below your means even unexpected expenses surfaces affecting you financially most times but when you create another source of income the impact won’t be that much.
When you save without putting the money into an investment to make it work for you, the saving will not yield return and it leads to an average life. The way out of average life is to increase your source of income. To be financially free, you can’t depend on saving alone but have multiple source of income. To make more money, you put it to action which leads to a life of financial freedom. When you transform your saving to investments, your money makes sense and you grow rich and you will worry less financially and think of how to think of more source of income.
Think of saving as setting money aside and preserving your money in a secured place where you can get it to achieve your short-term goal; the one you achieve in less than four years. The money you save earn low interest and rates on money saved is low but the fact is that your money is secured and you won’t have to worry about any market fluctuations or even emotions like fear of losing your money grip you.

 

save to invest 2

A long-term financial goal requires more money, you invest with the desire that over time the money you set aside will grow by making more money for you and reinvesting the interest paid to make more money for you.
Saving and investing work together with risk: the more you want your money to grow, the more risk you will have to take. And because investing tends to be a long-term process, some investments makes it a little hard to speedily withdraw the money you’ve put into them. The fact is that your returns will be higher compare to just saving alone.
The saver’s money in a bank has an interest 1% or little more and if attacked by inflation, with time your money loses its value. And if left longer time, your money loses its value by the forces of inflation. Why would you settle for an investment paying less than 1%when a very similar investment is paying more than 7% and above? Why not take that bold step and go for the one with a higher investment that makes you worry less about money?
Why not take the risk that will liberate you from the rat-race and become financially empowered? Why not take time to think of the value of money saved in the bank? What impact does it have living the money there for too long and inflation keeps eating deep into in it? Do you know #100,000 saved in the bank is not the same in 5-10years time? Because it’s either an ASSET or a LIABILITY. It’s an ASSET when put to work but a LIABILITY when left to stagnate in your account doing nothing.
When you invest, you use your money to buy an asset that will generate a certain return as time goes by and when you sell your asset at a higher price, you make more money for yourself.

 

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About RAWLINGS BLOG

RAWLINGS BLOG is about finance, business, short-stories, technology, biography,motivation and personal development. email:Rawlingsunday@yahoo.com FB: Rawlings okpaloafe twitter:Rawlingsunday watsapp:+2347011832778
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81 Responses to SAVE TO INVEST

  1. Srijan Gopal says:

    Saving is an important part. It makes things much better.

  2. Absolutely great and sound advice! Thank you for sharing!

  3. twoessner47 says:

    Wait I am actually so happy I found your blog, I need this kind of advice in my life! Thank you!

  4. Perfect advice. This is especially true when I consider that just yesterday I was discussing the very subject with someone.

  5. Sunday swart says:

    Great job on saving and I love all your write ups.
    Thanks

  6. aakriti says:

    Nice Thought!

  7. I recently started saving and investing with a friend going to follow your blog for more insight.

  8. Nina says:

    I agree about saving and investing. It can be used in a passive income like stocks or having additional side income from a small business.This is a very sensible post. Thanks for sharing 😃

  9. Emiel says:

    There’s no reason not to invest nowadays. Me and my girlfriend have a mutual fund, real state (condo) and a joint account already. We’re preparing our future.

  10. wehit says:

    Nice post. It’s true……People want wealth & riches yet do not realize it takes sacrifice. Just finished up a blog on my other site on this very subject. http://www.wehit.org Got your site off FB share your blog. Continued success

  11. Verskil says:

    Hey there, my name is Jennifer Osuji and I would like to let you know that you have been nominated for the sunshine blogger award of the month. You are one of the people whose content inspires me so I have created 11 new questions for you to answer right here https://verskil.wordpress.com/2017/11/11/nomination-for-the-sunshine-blogger-award/. I really hope you participate. Happy blogging x!

  12. Chander_Ajay says:

    Nice information about save and invest 😊

  13. roamy says:

    I really appreciate you sharing this,was away all day so I just saw it, really informative.We`d all love to change but with the economy today, it`s almost impossible.

  14. Mariam says:

    Making the right investments is also important. Many do tend to be sceptical about it.

  15. Loved reading this article. I have actually been interesting in starting to invest my money, so I am really happy I found this! Thank you, maybe I will make the leap and start investing 🙂

  16. Tai says:

    Well said, bro… One really needs to develop the habit – ..it’s essential!

  17. LironFS says:

    Easier said than done – but such an important read to remind us how important (and beneficial) it is to save. Thanks!

  18. Nice Post. Its Essential. Thanks For Sharing this Nice Post.

  19. saving is very important in this world of uncertainty & investing the saved money is even more important. As you said that long time financial goal require more money. save more, have more comes out the mantra of it.

  20. Jamie says:

    Thanks for a great post. Definitely need to save money. Interesting tips.

  21. Great post and advice. I agree wholeheartedly, more so for me because I work for myself so I don’t have any of the securities that a regular job gives. I have to put money aside for my pension, sickness, health insurance and of course pay myself a salary. If I want to buy something I ask myself do I really need it? and will it greatly change my life and that of my family?. If the answer is no then it doesn’t get bought.

  22. Nice advice. This is everyone’s goal in life I should say. I already started this and I know in time it will bear good results.

  23. Hey this is a great blog post. Took a while to read it but I’m glad I did. I really appreciate this advice

  24. wow! Awesome article! 🙂

  25. Saving to invest! much needed post for me

  26. rachaelstray says:

    Saving when you can is great!

  27. This is very useful we are actually discussing at the moment what to do with regards to saving for our daughters future, uni and so on. Thank you 😊

  28. sodhicherry says:

    A very good writwup. Saving is indeed significant.

  29. Laura Dove says:

    This is really informative. I used to be terrible at saving but now I have learned the importance of it and try harder!

  30. Save & invest…..But & hold. The earlier the better.

  31. Yulianna says:

    Thank you for your artilce! It is so helpful and interesting.

  32. Congratulations!!!👏👏

  33. Sheree Andrews says:

    Great advice 😊…thanks for sharing

  34. millylaps says:

    Great piece..been trying to save to invest for the better part of my life

  35. Jigeesha says:

    You got some great advice on your blog! Look forward to more articles on this topic.

  36. Yulianna says:

    Great article! Thank you!

  37. ernestmind says:

    The middle class work for their money, the wealthy make their money work for them. Love your points about putting savings to work! So so important.

  38. DD´s blog says:

    Very helpful post.. nice 🙂

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