How to Use a Job to Build Savings and Investment?

[Nomad]

A job will bring you a regular income, and when you are receiving cash on a regular basis, it is easier to build a saving and also build funds for investment. You need savings and investments to build wealth, and for this purpose a job will come handy. Once you have a job, you should start saving. However, you need to understand savings alone won’t make you rich, you need to turn them into income-generating assets, in other words, you need to invest so that you can grow your wealth.

 

[eLdavis]

This is one of the major benefits of having a job, it gives you a steady and stable income flow, but it takes some level of discipline to be able to save and invest.

 

[Min George]

Anyone that is deliberate about building savings and investments would do so with little savings regardless of their pay package.

 

[Augusta]

Savings keep your money safe, investing helps it work for you and increase in value over time. While investing comes with a fact of some risk, which can be mitigated with the right guidance and knowledge

 

[Suba]

It's true that we need investment instruments to accelerate asset growth and hedge against inflation, but we can't invest recklessly or without a purpose. Therefore, in addition to having cash/savings for several months, we also invest regularly.