Why it’s important to start investing early

A lot of people in old age realize that investment and the saving needs to be done early. It is one of the biggest regret of the people. They learn this lesson a bit late.

Something we all have regrets because life does not happen the same for all of us. Instead we have to think of the investment early days like young age. And then let things compound from that point onwards.

If you are in 20s, your golden years are right now. You have to think of this like farming game. Where you farm now and then harvest will come out later which would make all of your hard work worth your effort.

When you invest early and invest often, you understand where the focus of the life can be and where not to invest your hard work into things. You learn lot of interesting things as you take some interest into the personal finance topics.

So let's discuss some of the benefits of the early investing your money.

Age Works in Favor

When you start something today. Getting things done in 10 years becomes easier. You start 10 years later then seeing results take even more time. So you should consider starting now and see the ripple effect.

Your age always starts to age as you are born. So some things are meant to be done at the right age. I feel that doing things from early age would also help in reducing the load too which we will talk about later.

What works in favor is the effort taken now. Because as we age the effort starts to get worst as we age. And we have to work a bit harder to make them work for us. So let's just start early and get things done.

Financial Pressure in 40s is Released

When you invest into the 20s, you have a good sum by the time you reach the age of 35. And then you have to think of the abundance and think of retiring early from the hard work. That is only possible if you invest early.

If you invest after 35 the amount you have to invest more increases a lot. So you may get into the pressure for the investment. So that can be done only in case when you have some of the consistency.

Financial pressure can get you into blood pressure and sugar, so make sure to start investing early and do it often. This is the only way the mental load and the pressure overall can be released in later years.

Life Experience with Safety Net

In our life we need some form of the safety net. Like we need emotional safety net. Some help from others in order to have better life. You also need some support during the old age.

So you should invest into the things that would be helpful for you in near future. I have seen that having the safety net and investing your time into such experience is a good future in itself.

Having a good life experience requires you to work on the small details. You can't have a big experience unless you invest into the small things. I have noticed some of the time life experience can be earned but it takes time.

Power of Compounding

When in your early 20s, you should start investing the money. You should make an habit where 20 percent of your income each month should be saved or invested. Your choice choose either between the two - save or invest.

If you go into 30s, you should increase this to the 30 percent. Do this till you reach 50. Then you don't have to be so much harsh on yourself on the savings. Instead focus on the investment and push yourself into investment shuffling.

You may find that compounding kicks in when you are going to be saving consistently. And that gives you result of what can be worked and what can't be worked upon as well. That's what I can tell you on compounding.

Age is a thing but it is also a number. You have to consider taking effort from early days in order for things to change as you get matured and aged in near future.

So start early investment, and then invest often.

What's your opinion?