Page 16 - April 2021 Issue Hustle Mama Magazine
P. 16

  SAVING MONEY IS SOMETIMES DIFFICULT FOR PEOPLE. THUS, INVESTMENT IS SOMETIMES A LUXURY. THE SIGNIFICANCE OF SETTING ASIDE CASH IS INFREQUENTLY QUESTIONED. SAVING IS QUITE POSSIBLY THE MOST FUNDAMENTAL (AND GENERALLY REHASHED) PIECE OF MONETARY GUIDANCE OUT THERE. NOTWITHSTANDING THE SIGNIFICANCE OF SETTING ASIDE CASH, LARGE NUMBERS OF US AREN'T FINISHING THAT TIP. WITH REGARDS TO MAKING THE BEST DECISION MONETARILY, SIMPLY REALIZING YOU SHOULD SAVE ISN'T SUFFICIENT. ON THE OTHER HAND, PEOPLE MAKE IT CRITERIA TO HAVE SAVINGS TO INVEST. WHY? BECAUSE PRECISELY, YOU CAN'T INVEST IF YOU HAVE NO SAVINGS- WHERE YOU NEED TO TAKE ALL THE RISK.
IF YOU INVEST YOUR MONEY AND, SAY, GET A RATE OF RETURN OF 7% ON AVERAGE, THEN YOU'LL STAY WAY AHEAD OF INFLATION AND INCREASE THE PRICE OF YOUR MONEY.
  ALL ABOUT THE
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