Girls That Invest

1Five reasons investing is better than a mattress stuffed with cash

In our day‐to‐day jobs, we trade our time for our wage. But there's only 24 hours in a day, eight of which should go to sleep. To have wealth you need to make money, but to make more money you need to give up more time, and giving up more time means not being able to enjoy your money. It's a rat race no‐one wants to be a part of.

This is where passive income comes in. Passive income is the money you earn without working, but no other passive income stream works the way investing does. And the best part is that it can work on autopilot.

You don't have to wake up at 6.30 am and sit through rush hour traffic for investing to work. You don't have to sit through a Zoom meeting that could have been an email for compound interest (which we’ll get into in a later chapter) to do its thing. It's the definition of making your money work hard for you, rather than just working hard for your money. And, unlike time, it's scalable.

Before we learn how to invest, it's important to know why we should invest in the first place. It's not even related to having enough income first; my best friend Sonya Gupthan and I, through our Girls That Invest podcast, have come across countless successful women with their net worth in the six‐figure range. They have their bills automated, their insurance covered, their savings growing and they are very well versed in every other aspect of their financial journey. They're the women who look ...