Mommy Money Matters: Investing for the Future

When I opened my email this morning, I nearly fell off the edge of my seat when I got an email from Human Resources.  No, it’s not because they caught me smooching with a deliciously handsome Middle School teacher inside the elevator.  It’s because they’re honoring me at the school’s year-end program for my five years of service.  I can hardly believe it!  Have I been working in this institution for that long now?

And then it hit me.  Two realizations, actually.  First, although I believe that I’m still hot and foxy at this age, the fact is, I’m not getting any younger.  Second, I do have some amount of money saved up in the bank, but it’s just sitting there idly.  I got to thinking that I should start putting my funds management skills to good use and invest my hard-earned money in something worthwhile.

But, where and how do I begin?  Initially, I guess it helps to identify my specific goals.  Are they short term, or for the long haul?  Mine would have to be medium term, as my priority right now is to save up for my daughter’s education.

Alongside that, I’d also want to bring to the forefront my goals at philanthropy.  I have to admit that I may be a bit of a tightwad, but I do have a soft spot for those in need.  I want to give back and pay it forward.

With the plethora of investment options out there, I am nothing short of overwhelmed.  There are mutual funds, treasury bills, etc.  It’s good to note that there are resources online which can help those of us who know nothing about these things.  I stumbled upon www.perpetual.com.au and found their site to be informative and helpful.  They offer sound advice when it comes to making investments.

There’s always an element of risk involved with any financial venture,  but with careful planning and studying, I should be fine.  I’m willing to take that risk, anyway, so here I go…

How about you?  What investment options are you considering?