In this episode, I talk about the importance of putting your money to work to achieve financial goals, such as retirement, and why saving alone isn’t enough. I talk about the basic things to think about before getting started in investing.

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In this episode, I talk about understanding investment options, avoiding risky behavior, and balancing risk and reward. I talk about concepts like the difference between bonds, stocks, and real estate as investment vehicles for teachers. While bonds are seen as lower-risk, remember that stocks—particularly index funds—can be a powerful way to grow wealth over time while bonds just fight inflation. Another thing to remember is that real estate can be a lucrative but more complex investment option that requires significant education and planning.

Regardless of what you choose, remember to start early to take advantage of compounding returns. Teachers ought to invest now and leverage the right educational tools to make informed decisions. Tune in to learn how to take control of your financial future through smart investing!