It is very important to save and invest because if you can invest in any business like real estate then it is the good source of money when you are retire in future.
If you save now,you'll have a better financial option tomorrow. Investing is good but we will have to also make sure that whatever we are investing , will be on a safe projects. So i would say a better & safe investing will help you in future for your Good and bad.
Most of us put in hundreds of hours of work each year to earn most of our money. But when you have savings and stash your funds in the right places, your money starts to work for you. Over time, you’ll need to work less and less as your money works more and more, and eventually, you might be able to stop working altogether.
What does it mean to have your money working for you? When you’re first starting to save, you’ll want to put your money somewhere safe, where you can access it right away for unforeseen expenses. That means an online savings account, where you might earn 1% interest annually and not even keep up with inflation, which tends to run around 2% to 3% per year. You’ll even have to pay taxes on your meager 1% earnings. Anything is better than earning 0%, though, or not having savings and going into credit card debt, which will cost you 10% to 30% in interest per year.
Yes ! Investing in real estate is much better in terms of returns. Investing in any real estate property can deliver more profits in future. If anyone interest in real estate investing then investing in sunhomes is the best. Sun homes are the best builders in kerala. For more information visit sunprojectsindia.com/