Life is always been demanding. There’s so much to indulge in and deal with some financial need or the other – a house to live in, good education for the kids, a car and a dream retirement. The ends might differ, but the means- at least one of them- to reach them remain the same: money. Earned wisely, saved regularly and invested smartly.
Many reasons are cited when best laid plans start to break down. I don’t have the discipline. I don’t understand investing, especially the stock market. I don’t have the time. I don’t really care. Well, you should after all, it’s your money and your life, and it helps to have your savings working for you. You don’t need to get neck deep into your personal finances, but the least you can do, and should do, is get a fix on the big picture. Explore and understand what you want from your investments, and leave the rest to the money managers: mutual funds. These investment vehicles don’t demand that you have a deep understanding of financial matters; they don’t even demand oodles of your time.