My personal goal is to prosper and be wealthy

Personal finance is meant to be about a variety of topics related to household finance…this could include saving money, investments, etc. as well as debt.

If you have noticed I write a little about paying off debt and more on investing. Debt and living modestly are two important aspects of personal finance, but they certainly aren’t the most important.
If you are in debt you must take care of the debt first. You also need to figure out how you got there in the first place, and how to get out of it.

But after paying of that debt, then what? What are you going to do become financially independent? Assuming that this is the real outcome you want to achieve in life.

My personal goal is to prosper and be wealthy. That’s why I save and invest from each and every paycheck. I do it before I spend a cent or pay a single bill. I have learned that this is most single important thing you can do for your future. Because if you aren’t saving and investing, you aren’t getting ahead.

If you also want to prosper and accumulate wealth you are going to have to do the same. You have to decide to put a portion of your income to savings and a portion of your time to developing and executing a strategy to accumulate wealth instead of debt.

Investing is about growing and assumes the future is better than the present, that you’ll have more money in the future than now. The universe is ever expanding, and so should your finances!

A lot of us avoid talking about investing. We overthink it and then remove ourselves from the responsibility to learn about it.

Statistics show most people by 65 years old are either dead broke or dead! Most will run out of money before they run out of life, which is a very scary thought.

And this is the reason why I focus on investing, building wealth and earning more. I have learned that it's the only way to be financially free at any age.

Investing money is important because it helps to create more money. As opposed to just saving money in a bank account, investing money involves choosing to use that money to buy interest or stock in order to earn a return on the money.

Talking about investing, while not technically difficult, is typically beyond the grasp of many women. It’s not appealing because it's not instant gratification, and it takes a lot of time to see results. But this doesn't mean that it can't be done. You can start with something as simple as buying ETFs through EasyEquities or Satrix. The start is what is difficult and the resistance to discipline is powerful.

So even if you are paying off debt currently, it's important for you to learn about investing. This is the only way you are going to achieve financial freedom.