You could call it being “investment-curious”. You hear people talking about investing all the time and you keep meaning to look into it. You know investing means that your money is working for you and, more often than not, growing in value rather than sitting idle or earning a minimal rate of interest. But investing can seem daunting if you’re only just starting out. From difficult terminology and small print to a baffling variety of products, it can feel like a lot to take in. So, where do you begin?
For starters, you don’t need to be rich to start investing. In fact, you can start with £1. Nor do you need to be an expert who reads the finance pages every day or constantly tracks market movements on your phone. There are a variety of excellent, easy-to-use products aimed at first-time investors – and if you bank with Monzo you can start with a few taps on your app.
