Your Money Can Work Harder Than You

This post is centered around the idea that money can get you more money pretty easily if you do a couple of key thins. By investing money instead of spending or saving it you can make a good amount of money.

The conventional or usual thinking or habit is to spend a lot of the money that we earn and save the rest into a bank account with almost no interest. Mr Money Mustache is very knowledgeable. He says that if we live more frugally, restrict spending, and invest the money into index funds and property, we can make a lot of money twenty years down the road thanks to compound interest. The money that we receive from our property/stocks should be reinvested.

index funds:stocks tracking the whole market that have an average year return of 10% and pay dividends.

The Idea that he promotes is very easy to put to use. All we have to do is spend less and put that money into index funds, keep adding money to the index fund, and watch it grow thanks to compounding.


http://www.investopedia.com/university/stocks/

This is a GREAT place to learn more about stocks. It is helpful because stocks can make people money  but it is very important to be informed.