(This column was first published on Value Research Online.)

I got my money a job.

It had been lazing around in my bank account for quite some time. It would just sit there, not doing much, if anything at all. Minutes would turn into hours, hours would turn into days, days into weeks, weeks into months, and the only time my money would even move an inch was when I would try to withdraw it. The rest of the time, I would sit comfortably on its backside without a care in the world. Eventually, what happened was that my money got too comfortable with the easy lifestyle that the bank account provided. It was then that I realised that I had to get it to do something useful.

I also realised that it wasn’t in my interest to allow my money to be lethargic. They’re right when they say that one has to try and get the best out of all of one’s assets. I don’t know exactly who “they” are, but whoever “they” are, “they” are right about this—whatever asset you have, you have to put it to use if you want to get wealthier. And money is definitely such an asset. I couldn’t afford to let it loaf around idly in the bank account. It had to get it out in the real world, it had to work, it had to be productive.

So, what I did was I pulled the money out of the bank account. Understandably, it was reluctant to come out of its comfort zone. It was apprehensive about how it would fare in the world outside. It wasn’t sure if it would be able to meet my expectations. But I consoled it. I told my money that I would put it to work in a place where it would know what to do. I would get it a job that would be right down its alley, something it would be comfortable with.

Having built up my money’s confidence, I put it to work in mutual funds. I got it jobs in a couple of mutual funds of different types, where it would be exposed to different types of market envir0nments and challenges. And to its credit, it has been doing pretty well. My money has settled into a productive way of life. Now, my money works hard to earn more money. Every day, like the rest of us, it goes to work and tries its best to grow in value.

And I must say, I’m very happy to see my money be so productive. Getting it work in the right kind of mutual funds has definitely been better that seeing it sit around purposelessly in the bank account. It’s something I recommend you do with your money as well. Put your idle money to work in mutual funds or other investment avenues and see how great it feels to see it grow.