The word investment simply means the action of investing money for future gains. Your future gains can be in the form of assets or stocks and also cryptocurrency, which you purchase with the intention to generate passive income.
Your assets value may appreciate in the future. Once you’ve made a conscious choice to invest, you are no longer working for money. You are actually making money work for you.
For those who choose to not invest or do not possess the awareness to do so, their monthly cycle would probably go like this. You are a full-time employee working the hours to complete the task given to you by your superiors. Sometimes, you would also need to work extra hours to compensate for the extra workload.
By the end of the month, you are then given a substantial amount of pay as a form of reward. Nothing wrong with that, but do you really want to live a mediocre life and just making “enough” to live by for the rest of your life?
That is why you would need to devise a new plan to lead the life that you desire, to create not only financial stability but also sustainability. Instead of creating duplicates of yourself, which you can’t, you will need to find a way so that your money can work for you.
Even if you still choose to keep your 9-5 job, your money from your investment is working for you as well. You will be rewarded by having extra money in your account.
This is one of the greatest way to maximize your potential to earn more and you don’t even need to receive any raise working overtime or even hop from one job to another for it. In the end investment is the key factor in putting your money to work, without you having to compromise your hours!