Why Is It Important For Women To Invest And Not Just Save?

You hear about people not saving enough for retirement on the news. Oodles of articles report on women living longer than men and the struggle many women have with money in their later years.

Family members, friends, and online communities mention the importance of women investing and they encourage you to get started.

You know it’s probably the smart thing to do. But honestly, you’re just happy if you can save a little money each month.

How can you even think about investing when there are so many things involved in taking control of your finances?

It takes time and effort to:

• Break the paycheck to paycheck cycle
• Pay off unsecured debt
• Track expenses
• Create a budget
• Build an emergency fund

And once you see the balance growing in your high-interest savings account, you can finally sleep a little better at night.

Putting more energy towards learning about investing (and coming up with the money to do it) seems overwhelming right now. You can’t retire for years or maybe even decades anyway.

So is it really that important for you to invest and not just save money?