Investing 101: A Beginner's Guide to Building Wealth

Define your financial objectives to help motivate yourself to save and invest in a wise manner

Create a budget to track your expenses and identify where you can cut back and save

Save consistently and set automated transfers to your savings account to maintain regularity

Maintain an emergency fund to act as a cushion when unexpected expenses come up

Make use of the tax benefits and substantially minimise your tax liability 

Educate yourself on all the latest financial trends to stay informed 

Wealth creation takes patience, hence don’t get hasty and fall into get-rich-quick schemes

Take calculated risks and invest in ventures that cater to your financial goals

Begin saving for your retirement well in advance to avoid any last-minute panic

Review your goals and adjust your strategies on a periodical basis