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You save for a rainy day. You save for a sunny day too. Heck, you’ll save for any weather, because you can never have enough and it’s best to be prepared, right? You’ve always been the responsible one, never splurging or making that impulse buy because you know it’s wrong. Does this sound like you?

Well, you could be missing a rewarding financial opportunity, if you’re unwilling to take on a little risk.

Set a Little Aside

We’re not saying take all your money, run to Vegas and put it all on black. Far from it. We’re saying you should put a little aside for a “risk” budget. It’s money you can use to take a chance on investments that might be outside your comfort zone.

Stay Savvy

Use your savings savviness when looking at a new opportunity. Weigh the pros and cons. Look at how you’re spending and saving, and ask yourself – “Am I holding on to this money because I don’t have enough? Or because it represents security?”

Give Up (a Little) Control

You’ve already proven you’re financially responsible, so it’s not like you’re going to do something crazy. It’s OK to give up a little certainty if you might benefit in the future. So be on the lookout for new investing opportunities. And give yourself permission to make some choices where the outcome isn’t 100% certain. Seize the moment! You’ve earned it.

Disclosures

This information and recommendations contained herein is compiled from sources deemed reliable, but is not represented to be accurate or complete. In providing this information, neither KeyBank nor its affiliates are acting as your agent or is offering any tax, accounting, or legal advice.

By selecting any external link on www.Key.com, you will leave the KeyBank website and jump to an unaffiliated third party website that may offer a different privacy policy and level of security. The third party is responsible for website content and system availability. KeyBank does not offer, endorse, recommend, or guarantee any product or service available on that entity's website.

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