[TEST 1] What is investing, and why you should do it now.
I love money. We all do. We use it to buy our coffee, our nasi lemak, go on adventures, buy gifts for our family and friends. With money, you have the freedom to do anything you want. But, there is a limit to how much money you can make if you don’t earn enough. We don’t have that much time in a day, and most of it is spent doing our day-jobs; how can we make more?
It’s simple. Start investing.
No, not those scary finance words and charts that don’t make any sense to you. Not those seminars where you pay hundreds of ringgit to see professionals talk about candlesticks. Not randomly throwing your money into a property, assuming it will go up in price.
I’m talking about investing in yourself.
Learn how to make more money. Control how much you earn. Control how much you keep. Learn how to save, so that you can make MORE money.
Then, you will.
Do you like the sound of MORE money? Then start learning now.
It’s a scary first step to take, I know. I’ve been there too. That’s exactly why we, The Asukabu! Team, are here: to help you take that first step. It’s hard, but also exciting! Think about it:
When you’ve learnt enough, you know how money works
When you’re ready, you can start building your wealth
When you start saving, you can start earning money, and
When you start earning money, you can earn MORE.
The thought of having complete control over your money, the freedom to not worry about your finances, the power to know your future will be safe. I want to share that feeling with you, and I want you to experience it yourself.
Investing, what is it?
Firstly, if you’re a young Malaysian with money to spare, you need to understand what you are getting into. Most millennials never had the chance to learn the basics, but now you can start! Like the food you eat, you would want to know what’s inside before you try it right? (Unless you’re the spontaneous I-love-mystery-food kind!)
Let’s start from the very basics, so you can learn at a comfortable pace.
Investopedia’s definition of ‘investing’ is this:
Investing is the act of committing money or capital to an endeavor (a business, project, real estate, etc.) with the expectation of obtaining an additional income or profit. Investing also can include the amount of time you put into the study of a prospective company, especially since time is money.
You can have a look at it in more detail here.
Note that there are a few keywords in this definition:
Money + Study + Time = more money.
Money here means...well, money. More specifically, it’s money that you own at the moment.
Studying here doesn’t mean some final exam you have to cram for. Studying means, studying to earn more money.
Time is something that everyone has, but is too precious to share. You spend a lot of time trying to earn money, so without time you would have no money.
Mixing these 3 things together, and mixing them well, can get you more money! Simple right?
So how do I start?
Before you even think about starting to invest, you need to what your current situation is right now. Basically, it's studying your own money!
Without knowing how much you are worth, you won't even know where to start.
Let’s take a look at it now!
The Asukabu! Team