Invest Money Now for Your Financial Future

Learn to invest money now to prepare your financial future. Know the benefits if you will invest your money now and the disadvantage of investing when you’re older. There are many people who are interested to invest their money. They believe investing money is the key to financial freedom. However, they don’t know how to start.

I have previous post about ways to invest money now and the disadvantage of delaying your investing. The procrastination is the problem of other people why they are not start investing their money. They have many alibis. They have many reasons why they don’t start yet.

If You Will Not Invest Money Now

Now what? I should enjoy my life first before I will invest. Many young men and women wants to “enjoy now” and they don’t even care about their financial future.

If you will not invest money now, the required monthly savings to reached your target earning asset will increase. A 25 year old man who is investing $100 per month in an investment that earns 8 percent interest per year will have a total savings of $206,000.

While on the other hand, if you will start investing $100 per month in an investment that earns 8 percent per year at 35, you will have a total savings of $87,000 only.

If You Will Invest Money Now

The advantage of investing early is that you will only invest small amount of money to get a huge return on investment in the long run. Also, it will only require you to invest small amount to acquire your target earning asset.

Assuming your target earning asset is $87,000. As you have noticed, the monthly required investment for a 35 year old is $100 to get a $87,000. If you are 25 now, you will only have to invest $45 per month in an investment that earns 8 percent interest. After 35 years (60 years old) you will have a total of $93,000.00

I hope you liked the simple explanation why you should invest money now. If you like to receive more personal finance and investing tips, kindly subscribe to blog newsletter.