Jonathan Clements was a columnist at the Wall Street Journal who’s been writing columns on personal finance since 1994. This April he wrote his last article called ‘What I learned from writing 1,008 columns’ giving his opinion on why you should bother with saving and investing. Here are his reasons:

  1. If you have money, you don’t have to worry about it. This isn’t guaranteed. There are lots of rich folks who agonize constantly — and needlessly — about their finances. Still, if you save diligently, you should reach the point where money worries are relatively rare.
  2. Money can give you the freedom to pursue your passions. Ideally, you want to spend your days engaged in activities that you find absorbing and satisfying, that you feel you’re good at — and where you feel you’re doing good.
  3. Money can buy you time with friends and family. You don’t just need a reason to get up in the morning. You also need somebody to come home to at night.

This advice should be given to everyone before they’re allowed to earn their first dollar.

[Click here to read ‘What I learned from writing 1,008 columns’]

[Click here for Jonathan Clements’s personal website]

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Header photograph by sharaff

Story via get rich slowly

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