Retirement is not too far away- Never let your money sit idle.

We all want to grow our money. We live in an unpredictable economy and the inflation rate is very high. If we accumulate money and never invest it then the money will start shrinking. So if we want to keep the value of money, we should invest in any option which gives interest rate more than inflation. Investment is simply the process of exercising money. We can make our money grow just as we do with our muscles with regular exercise. 

Where to invest?

Like some people misunderstand, investment is not just the process of putting money in mutual funds and share market. Investment can be done in hundreds of ways. Be it real estate, gold or whatever. The ultimate aim is to increase the value of our money. If a person is investing then he should be able to justify the need of that specific investment. If he can then he is on the right path.
Now you know why growing money is important. But random investing options are not going to be a perfect choice. We invest because we need money at specific times. Let it be after retirement, marriage, vacation, child’s education, purchasing home, car etc. If you don’t plan accordingly then you will be in big trouble when actually need money.