Investment is an important factor that affects the economy of a country. It is the total amount of money spent on goods or services.
Investment can be classified into two types:
1) Financial investment, which includes purchases of stocks, bonds, and other financial securities.
2) Non-financial investment, which includes all other investments in the economy, such as business capital expenditures and government expenditure on infrastructure projects.
Spending money on unnecessary expenses precludes investment progress. By setting aside some money each month, you can increase your wealth and potentially achieve a life full of happiness. Investing your money shows that you’re looking forward to the future and that you can afford to be a little bit more careful with it. Putting your money in places where it will work well for you later in life is never a bad idea.