Invest in YOUR Future
There are only two ways to make money: by working and/or having your assets work for you i.e. invest.
Investing is vital to a successful future by ensuring that your money is earning interest on what you put away or by buying and selling assets that increase in value.
How you choose to invest, however, is up to your discretion. Whether you invest in stocks, bonds, mutual funds, real estate, or any combination thereof, the object is the same: to choose investments that will generate more cash for you in the future.
Investing can be a no brainer with these tips from Investopedia:
- A budget can be a tool to develop fiscal responsibility that will teach you how to make your money work for you.
- Determining your fixed expenses for each month will allow you to know where your money goes. Doing so will also help you determine categories for your spending. Categories can include rent, utilities, insurance, etc.
- Planning for fun is important! Creating within your budget plans for vacation, entertainment, birthdays, and holidays can save you the headache of trying to “find” the money later. You will have already planned for it in advance, allowing you to enjoy the memories you are making with loved ones.
- Create a plan and write it down! The key to living a happier, wealthier life is to know where your money is going and to plan accordingly.
Investing doesn’t have to be a hassle. There are numerous free investment calculators to get you started on your future today, including ones from Dave Ramsey .
At Advantage Retirement services, we help you define the big picture. We’ll help create a specialized financial plan around your specific needs.
Visit our services page here to determine how we can help plan for your success or visit with Mike Gann at our Springfield location: 3506 S. Culpepper Circle, Suite B.