Do Not Save. Invest.

Many people are preoccupied with saving more money. But, I am not sure it is a good way to become richer. Saving is good but there are certain nuances when it is good and when it is harmful for your financial status.

What Is Your Aim?

If you save more than 50% of your salary without aim it does not make sense. Money is energy and it requires having a final point, the sense of why you are saving them. Maybe it can be a new clothing item or something bigger like a new apartment. Maybe you are saving money to invest in your better future? Define your reason for saving money.

Invest

Make your money to work for you. You can always make your money to work for you. It is much better for the money energy flow. It can keep alive when it is in movement. If you want to increase your budget, it is essential to consider about investments and owning a business. 

Save Time Not Money

You should refocus your attention on saving your time. Time is the most essential tool you have. Think about how to increase your budget and at the same time how to make yourself free. If you are an owner of a business, think about what duties you can delegate to other professionals. Free time will allow you to think about new ideas for earning more money and become wealthier. 

22 Comments on “Do Not Save. Invest.

  1. Really nice read, what is your opinion on day trading compared to dividend growth investing

    Liked by 1 person

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