How’s that New year resolution doing especially in the area of your finances? Not so good? Let’s give you a few pointers that may help you accomplish your savings and investment goals.

1. Save first before spending. If you are just learning how to save and invest, you need to learn how to save first. By saving first, you pay yourself first. This is one of the golden nuggets mentioned in the book Rich Dad, Poor Dad by Robert Kiyosaki.

2. Start small: You do not have to save a large percentage of your income and blame yourself for saving throughout the month. Also, emergencies happen. You have to have an emergency fund set aside for that. Essentially, start saving in smaller capacities, it could be 20% of your income and make sure you are consistent with it.

3. Make your first steps in real estate market. When in doubt enter the real estate market, land is a fixed asset with tremendous value, and if sited propitiously, the value only increases.

4. Put your money in low-initial-investment mutual funds. They are secure, don’t cost much and have good benefits.

5. Spend less: Cut back on spending on things that are not necessary to you. Have a change of mindset that wants to impress the society about the properties you do not have.

However, beware of high-risk investments that promise quick cash. More often than not, they are only a cover for fraudulent activities which yield nothing.

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