Page 52 - Banking Finance April 2023

ARTICLE

n today's world, investment has become a hot topic about growing your wealth; it is about making your money
of discussion, but have you ever asked yourself why work for you so that you can achieve your life goals.
you should invest? The answer to this question is
I straightforward- the purpose of investing is to help
Reasons why you should invest your
you achieve your life goals, both short-term and long-term.
Money
Your objectives can range from saving up for your first home
to securing your family's financial future or building a
retirement fund. 1. To Meet your Life Goals
Throughout our lives, we all have major and minor goals
As each person's life goals are unique, there is no single that we wish to achieve. These can range from starting
investment plan that can cater to everyone's needs. our own business, purchasing a dream car, or building
Therefore, you need to identify your investment goals and a dream home. However, simply saving a portion of our
create a plan accordingly. This way, you can make income may not be enough to meet these objectives.
investments that align with your objectives and work With the cost of living on the rise, it can be challenging
towards achieving them. Remember, investing is not just to save enough to cover these expenses, and in some
cases, it may even be impossible to pay for events such
About the author as a child's education or wedding from savings alone.

In such situations, it becomes crucial to explore
Naina Rajgopalan
investment options that can help us achieve our goals.
Content Strategist
FreoSave Investing can help grow our wealth and provide the
necessary funds to meet our financial objectives. By

46 | 2023 | APRIL | BANKING FINANCE