Don't Eat All Your Eggs
Continuity is crucial to life. When a hen lays eggs, they hatch into chicks that can grow into cocks and hens. Besides, eggs are nutritious and can be part of your diet. When you decide to consume all the eggs produced by your hen, you may end up without a hen to lay eggs in the future.
You may eat your future if you focus on being only a consumer. Just as you may allow some of your eggs to hatch, invest a proportion of your earnings. Depending only on your paycheck will not financially secure your future.
You can retire comfortably if you have investments that are giving you returns. It isn’t enough to save for your retirement. However, investing such savings can yield more funds than depositing the money in your bank account. You can comfortably live off returns from your investments when you retire.
Investing your money will enable you to improve your financial worth. Build wealth by putting your money in ventures that can yield returns on your capital over a given period. Besides stocks, bonds and similar investment portfolios, you can also start a business. You can support entrepreneurs or artisans to expand their businesses. Successful ventures will yield greater returns. However, you need to invest wisely to avoid losing your money.
Though investments can be risky, there are investment vehicles that have the potential of yielding higher rates of returns. Analyze the pros and cons of each vehicle before investing your money. You may be opportune to earn much more from the returns on your investment than the interest on your savings account.
Investments can enable you to reach your financial goals. You may earn more money from the higher returns than from savings within a period. However, you need to be disciplined in your spending.
Consider investing part of your earnings if you want to build wealth and live comfortably. Don’t be only a consumer. Try to live within your means. Set financial goals and invest part of your income to achieve them. Your investments can lead you to financial success.
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