Top 5 Wealth-Minded Reasons to Start Investing Today & Make Your Money Work For You

Start Investing Today

You may not realize it yet, but you’re losing money if you’re not investing money.

It doesn’t matter how old or young you are, it doesn’t matter how much money you have, investing should be at the top of your list.

You can start investing with a very small amount and starting now is the best time to start.

Here’s my top 5 reasons to start investing today.

1-Your Freedom

Everyone likes to talk about how nice it would be to not HAVE to work. To be able to spend your time doing whatever it is you enjoy, whether it’s time with a cute little 2-year old blond-haired blued-eyed adorable niece or traveling to Australia or just chillin at home with a good book.

That’s exactly what financial freedom looks like. You won’t be able to get there with just saving your hard earned money, it needs to be invested. The earlier you start investing, the earlier you’ll be able to have financial freedom.

Financial freedom isn’t just for ‘retirement age’ people, it’s for anyone who starts investing their money so it works for their benefit to be able to retire whenever they want.

The earlier you start (like today) the sooner you’ll be able to reach financial freedom.

2-Watch Your Overall Finances Improve

When you start to invest, you start to think like an investor.

Instead of thinking like a spender, like what’s the next thing I can buy to give me instant gratification (like a new car or a new pair of heels), you’ll start thinking like an investor.

Thinking things like, if I can invest $1,000 and get 9% return on that by investing it instead of spending it right now (and having a car payment for 5 years), that amount could turn into $13,267 in the long-term over 30 years.

When you start looking at the potential future value of the money you have now, it makes it more difficult to spend that hard earned money on something that won’t bring you more value in the future and lead you closer to financial freedom.

By looking at your money as an investor, you’ll start to see your unnecessary spending going down, your investing go up and you’ll start reaching your financial goals which in turn provides happiness.

3-Investing Can Be Easy

KISS. My marketing professor taught me that principle, Keep It Simple, Stupid (which I like to replace Stupid with Sweetheart cause that’s how I am). Investing can be very simple.

People seem to be afraid of investing because they don’t want to make a mistake and lose all their money. But they are making it too complicated.

You can just start with one investment you feel comfortable with and then move forward from there. For example, you could start investing in your 401k. It’s easy and your 401k advisor could suggest a good option within your 401k to start with.

Your investments may seem insignificant in the beginning, but as it grows over time, you’ll be so glad you started.  The more you save early on, the more you’ll gain later on.

You don’t need to worry about making a mistake in the beginning because it’s the longer term that really matters and the earlier you start, the better off you’ll be.

The very act of starting is more important than getting it right.

4-Not Investing Is Riskier

Not beginning to invest is a financial risk in and of itself.

If you’re not investing, your money isn’t earning interest (or maybe it is, but probably only around 1% in your savings account, which is something, but we are looking for financial freedom here).

Even though the stock market can fluctuate, it has been proven you can multiply your investment over time.

By not investing, you’re risking not being able to achieve your financial goals, like to buy a home, send your kids to college, go on fun trips and achieve financial freedom.

It might sound risky to invest, but do it right and it’s a lot riskier not to invest.

5-Compounding Interest

Compounding interest is interest you’re earning on interest and your contributions compounded over time.

It is one of the most powerful ways to build wealth.

The trick is time. Letting your investment grow over time creates more and more wealth through compounding interest.

For example, if we invest $1,000 at a 10% interest rate at the end of the first year, we will have $1,100. But the year after, you’ll earn 10% on $1,100 (not just your original $1,000) and then you’ll have $1,110. The longer you let it grow the more you’ll have.

Compound interest grows exponentially over time. The earlier you start, the longer compound interest has to grow. Remember, it’s never too late to start. Starting today is better than never starting.

You have to be in the game to start winning, so start investing today so you don’t have to regret not doing it next year as well.

If you want financial freedom, want to improve your finances, want to keep things simple, want to keep your financial risk down and earn massive amounts of money over time, investing is the best way to accomplish all of those things.

And, if you need help investing and want to start with the stock market, check out my investing course here.

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