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I talk a lot about the mechanics of investing. Roth IRAs, index funds, lower fees, compound growth, BLAH BLAH BLAH. But at the end of the day, money is a tool. And the tool is designed to live your best life.
The whole POINT of investing is to live better. Living paycheck to paycheck is STRESSFUL. Worrying about working until you die is STRESSFUL. Being FORCED to keep a job you hate is STRESSFUL. But money is a tool to fix these things!
If you live below your means and start investing, some of the benefits are INSTANTANEOUS. Sure, wealth building takes time but the moment you start your trajectory INSTANTLY changes. If you set up an auto-investment of $500/month, you might go from a projection of broke at retirement to MILLIONAIRE in an instant. That feels good.
Also, investing provides a buffer to your life. Let’s say you’ve been investing for 5 or 10 years and then you find yourself in an unsustainable situation at work. Your investments can provide FU money. Where you can put your principles and integrity over crawling into a job you hate because you don’t know how else you’re gonna pay for your next grocery bill.
THAT is what money is about. Freedom, happiness, family, relationships, experiences, principles. Not dying with the most money in the bank.
As always, reminding you to build wealth by following the two PFC rules: 1.) Live below your means and 2.) Invest early and often.
-Jeremy
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By: Gabriela Gonzalez
Title: Investing isn’t about money. It’s about freedom
Sourced From: www.personalfinanceclub.com/investing-isnt-about-money-its-about-freedom/
Published Date: Wed, 21 May 2025 02:29:35 +0000
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https://peaceofmindinvesting.com/clubs/when-the-irons-hot-strike-while-its-still-hot-rest-when-youre-not