Investing might sound intimidating, but it’s one of the smartest ways to grow your wealth over time. The good news? You don’t need to be a financial expert to get started. With a few basics under your belt, you’ll be ready to make your money work for you.

One of the first concepts to grasp is the incredible impact of compound interest. Investing early maximizes your money’s growth potential over time. Start by investing in low-cost index funds or exchange-traded funds (ETFs), which spread your risk across a variety of assets. Take advantage of employer-sponsored pension plans by contributing as much as possible—it’s free money for your retirement.

Diversifying your portfolio is another key step. Don’t put all your eggs in one basket; a mix of stocks, bonds, and other assets reduces risk while providing steady growth.

Most importantly, stay consistent. The stock saving money tips for women market is for the long haul—avoid reacting emotionally to short-term ups and downs. Start with manageable amounts and stay consistent to successfully grow your wealth over time.