The Family Finance Show

How to Get Started with Investing (Ess Mukumbo)

Honest Money Group

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0:00 | 20:05

You’ve paid off your debt, have an emergency fund saved and are ready to start investing, but how do you get started? This episode is all about just that - getting started with investing - taking that first step and sticking to it so that the full effect of compound growth can kick in.

The end goal of investing is passive income - the lazy way to make money by just leaving your capital to grow. Esther Mukumbo explains how she started with R500 to invest and she explains her 3 step process to investing.

We also cover opening a brokerage account, investment strategies and how they change over time, asset classes, and most importantly to never give up!

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