UIBFS | The Uganda Institute of Banking and Financials Services | Financial Awareness Month 2022 (Season Three)

Why you should Invest?

When you invest, you give a few your earnings to someone to do business with and who would then pay you back regularly or at an agreed time with additional money earned from what he used the money for. Your money which would have sat idle now works for you and brings you more money and that is a good reason to invest. There are many reasons why people invest. Here are some key reasons why you should consider investing your money

  • You generate additional resources to protect your future well being
  • You achieve your financial goals such as buying a house or starting a business
  • You accumulate resources to pay for the education of your children
  • You accumulate resources to care for your children, ageing parents and other relatives.
  • You secure your retirement income
  • You contribute to the growth of our national economy as your investment is deployed in the productive sector of the economy
  • You preserve the value of your money against inflation
  • Creation of employment opportunities
  • Increase the ability to earn more income

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