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How Investing Can Help You Retire Early

To make money work for you, you should invest. You can use your hard-earned money to earn passive income.

Top comments (4)

slipkoot profile image

After I read the article, I can say that investing money will help you in the future, making your field more profitable. I agree with investing money; as long as you invest them in something serious that you need will be useful for your future. Also, another form of investment would be taking a mortgage. It is a convenient source of making money for your future vocation. I would opt for a Mortgage Broker Colchester cause they meet the requirements of the customers by providing them with offers convenient to their situation.

smoglyvase profile image
SmoglyVase • Edited

I’ve just finished reading The richest man in Babylon recently. Actually, the conclusions I’ve made after having read the book are similar to the recommendations in the article. So, thanks for sharing it with us. My main conclusion is to make your money work for you. To make this possible, firstly, you should start paying yourself first, putting 10% of your income into the jar and just forgetting about it. That’s how you’ll generate your first capital and then be ready to make this money work for you. It’s called wealth management. So, you don’t have to work hard all of your life. Instead of it, you should stick to the money rules to live a happy, rich life. Cheers

lloydwoodke profile image
Lloyd Woodke • Edited

Thanks for a comprehensive article that points out key things in plain words. The main purpose of investments is to make money work for you. If I'm not wrong, the ideal interest to invest is around 10% of your monthly wage. Hence, if you discipline yourself well and invest 10% of your revenue, early retirement and financial stability await you. We should also research and get acquainted with a term like net worth . Liquid net worth represents easily reachable resources stocked for a potential emergency like a medical condition. I believe everyone should possess a basic knowledge of how to deal with a personal budget reasonably.

timathy1 profile image
Timathy1 • Edited

That's a truly great article, and it points out the biggest advantages of investing in the right domains at the right time. My mom is one of those people who has done this, and now she enjoys her old ages by the seaside and waiting for her grandkids during the holidays. Honestly, I admire my mom, and that's why I also want to find the right field to invest in and build a generational wealth that would also help my kids have a free life. I have read a lot of things about generational wealth on, and I'm genuinely motivated to do that.