Why it matters

Core concepts

Budgeting — Track income and spending; follow a simple rule: Save first (aim 20%), spend second.
Emergency fund — Keep 3–6 months of essential expenses in a safe, liquid place.
Investing basics — Difference between savings (low risk, low return) and investing (market risk, higher potential return).
Risk and diversification — Don’t put all money in one stock or sector; spread across assets and time.
Long-term mindset — Short-term market moves are normal; focus on goals and time horizon.
Costs and fees — Watch broker fees, fund expense ratios, and taxes; they eat returns over time.

Practical tips for beginners

Start small and automate monthly contributions.
Use low-cost index funds or ETFs to diversify easily.
Learn to read a basic account statement and transaction history.
Verify platforms and brokers (licenses, reviews); never share passwords or full CNIC details publicly.
Keep records: CNIC/SNIC, email, mobile number, KYC documents in a secure place.

Quick checklist before investing