I don’t think that everyone should simply jump in with both feet. Whilst investing can boast stable long-term returns, there is lower lying fruit to pick like better financial habits that can help build your wealth.

Investing is an effective way to put your money to work and build wealth in the long term. Wise investing may allow your money to outpace inflation and increase in value. Whether we are income seekers or capital growth builders, investing is about looking after our future selves.

Investing is defined as the “commitment of resources to achieve later benefits”. If an investment involves money, then it can be defined as a “commitment of money to receive more money later”. It is the action to grow one’s money over time.