Put Your Money to Work for You

According to Yahoo! Finance, 1 in Every 4 Americans is Working this Labor Day and Their Hard Work is Going Unappreciated. The article made mention of a contest in which U.S. laborers can win a paid day off.

There is always some working at something in order to keep things going. You might not want emergency service workers to all take the day off. People in the armed services cannot all take the day off. And if you went to enjoy some recreation outside of your home, you probably expected restaurants and beaches to be staffed. And since people like to shop, retail workers have to be available.

But there is a larger point to be made in the idea that there are people laboring on Labor Day and that is the fact that a lot of people are working very hard and not getting ahead. Parents find it hard to save to leave a legacy for their children. And young adults are finding that they may not be able to live as comfortably as their parent did.

This is where investments come in: if you can work with a Fee-Only Financial Planner, you can find ways to make your money work for you. You may have to work a lot more than you would like but you don’t want your money to disappear. Instead, you want to invest it so it grows and is there for you when you no longer can or no longer want to work.

And as you’ve probably heard, the sooner you start, the more time there is for your investments to grow as they weather the ups and downs of the market. But you may have also heard that starting later in life is better than not starting at all. So if you have yet to begin an investment portfolio, the time to start one is  now. You work and you can put your money to work for you.

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©Bring Clarity to Your Finances. Put Your Money to Work for You is a post from Bring Clarity to Your Finances

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Claire Emory, MBA, CFA, CFP®

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