3 Reasons Why You Should Embrace Investing


Welcome back to our Managing Your Money series. Today is on Rule #5: Develop an Investment  Plan.

I’m about to break the #1 rule of blogging: Always pretend like you’re the expert.

I’ll admit, I’m a pro when it comes to budgeting, savings, and paying off debt. But the stock market is still a bit scary for me. And although I’ve had some success with real estate, I doubt The Donald knows who I am yet.

So this post is going to focus on the reasons for investing. If you want more practical advice on how to invest for your season of life and level of risk aversion, consult with a CFP in your area.

3 Reasons Why You Should Embrace Investing

1. It’s Biblical.   In the story of the talents (Matthew 25), the master says to each man who made a return on their investment “Well done, good and faithful servant!” This is where we get the biblical concept of stewardship. Proverbs 13:11 says “whoever gathers money little by little makes it grow.”

2. It Outperforms Savings.   Many people see investing as risky. But the truth is that risky investing is risky…there are safe ways to invest. But what isn’t safe is to let your money sit in a savings account and do nothing. “But I’m earning interest on it right?” Yes, but with the average interest rate being just 0.2 percent (as of 2009) you are actually losing money due to inflation.

3. It’s What The Rich Do!   A proven method for success is to find someone who has achieved what you want to achieve and simply do what they do. Don’t misunderstand me…many financially successful people are complete failures on a personal level. But if you want to grow wealth, follow the advice of the wealthy.

Robert Kiyosaki, famous for his “Rich Dad” books, said “The poor and middle class work for money. The rich have money work for them. The rich buy or create assets that work for them so they don’t have to.” Robert Allen said, “How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.”

My Thoughts for Debt To Life Readers

Most of our readers are buried in debt. And honestly, it’s a little premature to start working on an investment strategy until you’re debt free. Focus your energy on getting out of debt and saving up at least 3-6 months of living expenses. Then I would recommend meeting with a financial planner to discuss an investment strategy that’s right for you.  

Committed to your success,


Comments: Which of the three reasons stuck out to you the most?

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