Food and Travel
Inspirational
Pets
Devotion
why millennials should start investing

Five Reasons Why Millennials Should Start Investing

During the dawn of the 21st century, millennials are the first to be born in the digital world. Also born are the great potentials of success. In everyday life of a millennial, technology has always been a part of it. Millennials have an easy access to the internet which make them check their phones from time to time, everyday – calling them more appropriately as this world’s digital natives. Headstrong, fearless, and independent – these are just some of the characteristics millennials are possessing that make a strong force to be reckoned with. But, there’s one thing that stops every millennial from reaching his full potential: declining possible opportunities. If you want to achieve more in your chosen career and personal growth, take time and effort in learning how to start investing for the future. This page will help you understand why millennials should start investing not tomorrow, but now!

Why Millennials Should Start Investing Now?

why millennials should start investing

ONE | MILLENNIALS ARE BROKE

As much as possible, many will avoid risk and would have second thoughts when it comes to investing. That is the reason why they put their hard-earned money into their savings account. That is tradition, and it is quite understandable. However, let us face the fact: Millennials are broke. Very low awareness about savings and investments translates to a generation of millennials with almost empty bank accounts. In today’s generation, we are living in a time where there is an overload of information vs. lack of financial literacy. But of course, does it need to stay that way? It doesn’t have to, right?

TWO | EASY ACCESS TO RESOURCES

Do you know what’s the good news? Millennials have everything they need to make the right preparations in establishing a secured future. A wide variety of resources are within your reach and some are available for free! There is a light at the end of this if you will take the time now to become financially responsible. Stop living a life of instant gratification and save for the future so you aren’t always living from paycheck to paycheck.

why millennials should start investing

THREE | TIME IS YOUR GREATEST ASSET

As much as possible, another reason why millennials should start investing earlier is to give your investments more time to grow. Time is the greatest best friend of every millennial. The stock market will have its ups and down, but historically, it has been one of the best wealth generating tools when we talk about long term investments. Compound interest will work for you and by the time you retire, you will be amazed of what it can do.

FOUR | WORKING 40 HOURS A WEEK SUCKS

This post is not a rant against those who work full time and doing something they love. In fact, doing what you love as much as possible is the ultimate end behind this. The idea of job security is an old model. Millennials have great potentials with an emerging high entrepreneural spirit. Working more hours doesn’t mean you’re being more productive. Actually, time is no longer the currency for productivity. The new currencies are focus, energy and skills. If you start investing and developing your good financial habits, working 40 hours a week is no longer necessary. You will be your own CEO.

FIVE | A WAY TO FUND YOUR TRAVELS

Admit it or not but do you love travelling, right? Easier access to travel makes more and more millennials travel. Whether it’d be getting out of routine, social confirmation, escape or experiencing new things, many millennials are in the worst financial position to travel.

A lot of people do not start investing until later in their lives, usually when they are already closer to their retirement. Yet, those who start investing at an earlier stage do have a tremendous advantage. This makes us, millennials, unstoppable if we only prioritize the right things in life. While we may not have a lot of extra cash to invest, we do have another valuable asset, and that is time. Let compound interest do the work! I hope these reasons why millennials should start investing are enough to get you moving.

Now, you have all the reasons to invest.

Did you like this article? Let littlemisadvencha know in the comment section.

Top Reasons Why Filipinos Avoid Financial Literacy
Five Reasons Why Only Less than 1% of Filipinos Invest in Stock Market
0 0 vote
Article Rating
Subscribe
Notify of
guest
12 Comments
Inline Feedbacks
View all comments
Collins
April 11, 2020 8:50 pm

Great article. I really enjoyed reading through it.

wanda bits
April 11, 2020 8:50 pm

Everything you mentioned here is so true!
Thanks for sharing!

Jeff
April 11, 2020 7:31 pm

I agree, lack of financial literacy is one of the main problem not only for millennials, but with other Pinoys as well. And sadly, managing our finances cannot be learn in school.

Rochiel
Rochiel
April 11, 2020 7:31 pm

How can I invest? I mean how to invest and where to?

Collins
October 12, 2018 8:06 am

Great article. I really enjoyed reading through it.

wanda bits
August 26, 2018 2:46 pm

Everything you mentioned here is so true!
Thanks for sharing!

Jeff
August 7, 2018 1:20 pm

I agree, lack of financial literacy is one of the main problem not only for millennials, but with other Pinoys as well. And sadly, managing our finances cannot be learn in school.

Rochiel
Rochiel
August 6, 2018 8:55 pm

How can I invest? I mean how to invest and where to?

Bible Verse of the Day

But go and learn what this means: ‘I desire mercy, not sacrifice.’ For I have not come to call the righteous, but sinners.

Web Hosting Trusted by Wordpress

0

Blog Hits

Random Picks

© 2020 All rights reserved​

Made with ❤ by CHA ESPER

12
0
Would love your thoughts, please comment.x
()
x
0 Shares
Share
Tweet
Pin
Share
Share