Wealth Creation Strategies & Savings

sbfa-Wealth-Creation-Strategies-SavingsBefore you start investing, it pays to learn the basic principles. The more you know, the better off you’ll be. There are five key principles to investing.

  1. Start early, invest regularly and reinvest returns.
  2. Set your investment goals and pay yourself first.
  3. Diversification – don’t put all your eggs in one basket.
  4. It’s time in the market, not timing the market.
  5. Invest for the long term – the trade-off between risk and return.

Your Savings Goals

What do you want from life? 

Your goals may change at different stages or events in your life. Perhaps you have a short-term goal that you want to achieve in the next year or two, and a long-term goal that could take you 5 or more years to reach.

Take some time to think about it, then write down some possible goals.

  • What is your top priority?
  • How much will it cost?
  • When would you like to achieve it?

Get the Savings Plan

Please use the SBFA Savings Plan to work out what is realistic and affordable.