There's a lot in life that can scare us. I vividly remember our frantic neighborhood search years ago after my toddler son wandered away from the babysitter. And I can still recall my dry mouth and desperate heart as my wife and I sat in the hospital waiting room while our daughter was undergoing surgery. You've no doubt had your own scary encounters as well. You know, the ones that bring an empty feeling, even pain, to the pit of your stomach.
There's another less serious issue out there that also strikes fear into the hearts of many: investing. Though it shouldn't be a fear generator, I regularly see and hear from folks who are filled with trepidation at the thought of it. So, in a financial planner's attempt to be a healer, I recommend one way to ease those fears: Do it systematically. Here's how systematic saving and investing can help:
Of course, the best thing about systematic saving or investing is that it puts you on a path towards meeting your goals, whatever they may be. As to my son, yes, we found him safely ensconced in a neighbor's house, and my daughter is beautiful, healthy and happy. Our fears passed, we moved forward and you can do the same with your plans to build for the future.
Renown financial advice author Jean Chatzky has just released her latest book, all about military money, and she’s offering it for free in electronic format. Operation Money contains chapters on: budgeting, debt, credit, homeownership, cars, savings, investing, insurance, college, separating from the military, and caregiving considerations. I’ll have to admit – I was skeptical when […]