So the purpose of this blog is twofold:
Budget Smart, and Invest Wise.
In addition to the “Creating Your Monthly Budget” page, I have added a new page to the site, titled “Investing Wisely”.
There are many investment products out there and many places to turn to do your investing. How do you know which one is right for you?
Each person develops their own specific investment habits through a number of different avenues. I prefer investing in a low-cost mutual fund. However, others have a knack for picking the right stocks at the right time. To each his own. To help you decide which investment avenue is right for you, check out The Simple Dollar. They weigh the pros and cons of various investment strategies along with the right investment company for each individual.
Budgeting is only the first part of building lifelong wealth, the second part, investing wisely, is ultimately what will help build and maintain that wealth.
Budget Smart, Invest Wise