Time to debunk some myths
Let's get rid of the myth that investing is only for the wealthy.
The reality is that you can start building your investment portfolio with just £10 a month - about the cost of a few takeaway meals. Many investment platforms have low or no minimum investment requirements.
Regular small contributions add up significantly over time thanks to compound interest, where your returns start earning their own returns. Whether it's through a Stocks and Shares ISA or a simple investment account, that £10 monthly investment is your first step toward building long-term wealth.
The key isn't how much you start with - it's simply getting started and staying consistent with whatever amount fits your budget.
Before you take those first steps...
Investing tips to last a lifetime
What is the best piece of money advice you've ever been given?
Clare Francis
Director of Savings and Investments, Barclays
Clare started out as a financial journalist and had over 15 years of experience writing about personal finance before joining Barclays as Director of Savings and Investments in 2015.
Romi Savova
CEO, PensionBee
Romi founded PensionBee back in 2014 and has previously worked at big banks like Goldman Sachs and Morgan Stanley - plus she has an MBA from Harvard Business School.
Dia Banerji
Head of Direct-to-Consumer Proposition, Standard Life
With over 20 years' experience in financial services, Dia was previously Vice President at JP Morgan Private Bank, and is a proud ambassador for Women Enterprise Scotland.
My Dad advised me to start paying something, even a minimal amount, into a personal pension and to develop an investing habit as soon as I started working. Over the years compound interest has worked its magic and those small investments have grown, more than my younger self would have imagined.
Having children to begin wasn’t easy, however I was advised that as everything is getting more expensive to start saving for them into a S&S ISA as soon as they were born, even a little amount per month, as this builds up and will enable them to have a lump sum of money to use toward their education, house, new car or just a building block for their future.
