Financial Advice : Finance: Importance of Investing

The importance of investing as part of personal finance revolves around helping the country as a whole grow and prosper. Discover the importance of investing with tips from a young professional in this free video on financial advice.

Expert: Jessica Rose Smith
Bio: Jessica Rose Smith has been attending Cape Fear Community College in Wilmington, NC, for more than a year now.
Filmmaker: Reel Media LLC

Category:

Howto & Style

Tags:

• personal finances
• finance
• financial advice
• finance tips
• investing
• saving money

[AmericanCritiquer]

Dang Jessica! I think she should have taught a lesson on compound interest instead of banks.

[ifginc]

Live in your very own home, get easy mortgage from IFG,Inc...

[nn123654]

As said below, money is debt, look up "The Paradox of Thrift". If everyone were to save more money it would actually have a negative effect on the economy. By people taking on more debt it actually expands the supply of money, which in turn spurs on economic growth. That being said from a personal perspective it is a very good idea to save at least 10% of your income either for retirement, or for other various expenses and to avoid having to pay interest to use loans (like credit cards).

[homeskillet1962]

HOTT!

[Cryocide13]

Motion without a notion. If only her ears were turned inward, perhaps then she'd realize how silly and immature she sounds.

[donebsen]

I think that Jessica is on to a very important reason why the American economy is a stronger economy, and that is that corporations can expand when they need to expand, not just when their base revenues allow them to. I'm not sure spendaholics can understand how utilitarian and benefitial it is for an economy to have these resources. Imagine if you could only buy a house with cash!

[choices1111]

Bottom line with this video is that Jessica is promoting what the bankers want which is to keep you playing their game. They don't care a lick about anyone but themselves and their families. They don't care if people die by the millions in wars, whether people starve, whether people suffer... as long as they have their control on the money supply they're happy and extremely well taken care of financially.  Look at the video Money as Debt.

[choices1111]

Only a few professions remain where hard work pays off big in exchange for lots of hours such as medicine. Acting, sports, manipulative fields such as sales and high dollar trading, and similar things now equate to wealth while more necessary fields such as teaching and inventing and building equate to only getting by and the hardest working people can barely afford food. Social programs are not the answer. Changing the system is.

[choices1111]

Whether you spend it or invest it, the money still ends up in the hands of the bankers. Money is debt, debt is money as the system currently is. It can't be explained in a 1 minute video that the system is flawed at its core. The investments only help you a little bit and only when the "game masters" in the central banks allow it. The end result of the flaws and the CB's that capitalize on the flaws is that hard work and contributory service no longer pay off.

[theSCgosu]

These comments are so immature...