058 - One Thing That Changed My Entire Financial Future
In this episode of the Mind Money Soul podcast, I’m going to be sharing the one thing that changed my entire financial future - investing.
So many of us think that the sensible option is to “work hard and save your money”. In actual fact, this is a tiring existence. You’re swapping one resource (time) for another (money) and there is no end to the cycle. As long as you want to have money, you have to be working. So, what’s the solution? Investing!
Choosing to invest is about making your money work harder for you, instead of constantly working for the money. The power of investing means that over time your money will grow and you can use the profit of that money to fund your lifestyle, whilst your money continues to grow. Investing isn’t something reserved for certain people, it’s for everyone. The key thing is to get started. It’s a powerful tool that allows you to build wealth for the future and helps you work towards financial independence.
In this episode:
Why investing will change your financial future
The reasons why you should invest
The impact of inflation
How to invest so you can choose when you retire
How much you need to retire
Saving vs. investing
How to use investing to fund your retirement
Ways to invest in the stock market
Resources
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