You have a great job and make a good income. You’ve paid off your student loans and credit card debt. Now you’re ready to save and invest. But you’re not sure how to invest your money. I have good news: there are plenty of smart ways to invest your money, build wealth, and eventually reach financial independence.
Invest Your Money
Invest Your Money
Below you'll find plenty of investment articles and ideas, but is investing safe? It's risky, right? Isn't it more safe to keep all my money in cash?
Cash is king, but it's got one major flaw: just like the rest of us, cash gets weaker as it gets older. In fact, your cash loses about 3% of it's value every single year to inflation.
Stick $100 under your mattress and next year at this time your hundred buck will have have buying power equal to about $97. Given enough time, your cash will be worthless ... unless you put it to work.
Investing is required
All by itself your cash gets weaker with age, but when you put it to work by investing it, then your money gets stronger with age - a lot stronger! Investing is like creating a money making machine that works for you 24/7/365.
And it's not hard! Investing is so easy - all you really need to do is just Index and Chill.
If you're looking for even more investment articles and ideas then keep on reading. Below you'll find many, many more posts on this topic, so click around till you find one that you love.
When Can I Retire? is a question many have asked. There’s no perfect answer, because everyone has a set of unique circumstances that makes the answer different for them. But We can give you a ballpark answer to the question: When can I retire?
Achieving financial independence through real estate is a popular topic on Camp FIRE. And rightfully so since many peoples’ wealth is tied up in their home. If your path to FIRE includes real estate, then take a look at this list of the best home renovations you can do to increase property value the most.
They say money doesn’t make you happy, but I can’t fully agree. Who doesn’t want to reach financial freedom? I love money, and I believe it’s normal. We all work to earn. How else can you achieve financial freedom? However, money is not a goal; its an instrument to make your dreams come true, to live a fulfilled life, travel, be able to pay kids education and finally retire.
Money is simply a necessity like food or water, it helps you buy the things you need.
If you’re like most people, financial independence is your ultimate financial goal. The road to a financially care-free lifestyle requires planning and dedication and even a bit of luck. But you may need to fix your finances today, before you can plan for a financially secure tomorrow.