A Different Perspective on Labor Day

Since I joined the workforce I have learned a lot about trading time for money. It is exhausting. I work countless hours every week at my job to earn a paycheck only to do to again the next week, month, and year.

Now there is satisfaction in the long hours and hard work to takes to complete a project and that is what we celebrate today. However, what is the opportunity cost of all of that time? Is it missing weddings of friends and/ or family? Skipping the family vacation? Missing time with your kids?

Wouldn't it be better to celebrate Labor Day next year if we knew that we did not have to go back to work tomorrow?

If you answered "yes" to that question then I have the answer for you!

Instead of YOU working for money, make your MONEY work for MONEY.

There are many ways to do this; some examples include high yield savings accounts, certificates of deposit, dividend paying stocks, and rental homes. Some of these options have higher yields and risk than others so be sure to do your own research.

Investing your money in assets that make passive income can, though time, replace the income that your job brings in. All it requires from you is the time to research the investment and having the money to invest. Consider spending 30 minutes to an hour a day learning about a new investment. Also consider what would happen if you skipped a night out to eat and used the money you saved to invest in that new investment opportunity.

It is important to reflect on where our labor has brought us, but what is more important is how we can use our money, instead of our labor, to give us the freedom to spend our time as we choose.

If you want to take advantage of your financial future, message me today to set up a free consultation to analyze your situation and forge a path to Financial Freedom!