When speaking of finance, specifically finance, people have various connotations; some may believe that it is important to invest, while others believe that it is a hassle and not worth the time and effort to get into investing. This leads to three perceived concepts: one either makes a lot of money, loses a lot of money, or does not get into investing at all for various reasons. As a result, the fear of uncertainty steers people away from taking the risk of investing their hard-earned money. The lack of resources available to those who want to get into investing for more financial stability and freedom when they retire. With the proper knowledge and resources, investing should be used more often, and people should get into investing at all ages, long-term and short-term.

Investing should only be done if you are in the right financial situation and have the money to put aside to invest. Money should not be sitting in your bank account when you can put it to use and have it work. Investing means buying assets that could grow in the long and short term. With the proper knowledge and resources, the fear of losing all your money on an unstable investment path could be eliminated. Many have reasons why they cannot invest, like a lack of money; however, those challenges are far from the truth. Having an investing plan may require one to let go of liabilities and put their money to use, which can be scary but, in the end, is beneficial in the long term.

As members of the upcoming generations, learning the necessary skills to showcase and grow our finances can be a vital part of our daily lives. Below, you can see your investment portfolio depending on your financial stability and status: a conservative portfolio, a moderate portfolio, and an aggressive portfolio. Each portfolio has a certain percentage of money each person should be investing in. Though this may not be a set plan to invest in, it could be a starting guide for what you could look into investing in. Taking the initiative to invest could be the stepping stone to building fundamental and stable finances.

As an aspiring finance major, studying the different pathways to financial freedom has always intrigued me. Knowing that when we start young, we can develop strong knowledge and learn to save our finances to be able to freely retire at the end of our careers.