Five Simple Ways to Make Your Hard-Earned Money Work For You | Liv
Cristina Jaeger, herFinancialFreedom

Investing your money can be overwhelming, particularly for beginners. From bonds to ETFs, dividends to capital gains, learning to invest can be like learning an entirely new language. That’s why Cristina Jaeger created herFinancialFreedom, a platform that helps to improve women’s financial literacy. Here are some of her top tips to help rookie investors build confidence and start making their money work. 

Set a Goal

Learn how to invest with herFinancialFreedom’s community

Get clear about what you want to achieve and what motivates you, and set clear and measurable targets such as “by [date] I want to have saved [amount].” This helps you get through those times when motivation is a challenge.

Get a Reality Check

Take a sober look at the state of your finances. Eliminate guesswork by making a list of your income, your assets and your expenses. Do you have any debts or unnecessary expenses? Do you have a healthy emergency fund to get you through a rainy day? If not, make sure you have three to six months’ worth of fixed costs saved. Then, take a look at how much you need to save and invest each month in order to reach your goal. 


Educate Yourself

How does the stock market work? What kind of investment strategies should I use? What kind of risks am I willing to take? How do I choose a stock or fund? Learn from books, YouTube, podcasts, social media and “FinFluencers” and acquire as much knowledge as you can. 

Define Your Investment Strategy

Are you creating a nest egg for retirement, or saving up for a down payment on a flat within eight years? Both are worthy goals, but each needs a completely different investment strategy. Once you’ve identified your personal finance goals, your risk appetite and your timeline, you can start to put together a strategy. By creating a plan, you’ll be able to stick to your strategy and keep your eye on the prize during periods of turbulence. 

Start Investing!

Whether you want to invest in ETFs, build a stock portfolio, or simply change how your MPF is invested, it all contributes to wealth accumulation. With just USD50 per month, you can start setting up an investment plan; the most important thing is to start quickly so your money has lots of time to start working for you. 

About herFinancialFreedom

herFinancialFreedom is a platform dedicated to improving women’s financial literacy and encouraging female investors. Helmed by Cristina Jaeger, it runs regular courses for women interested in learning how to invest, as well as one-on-one consultations.

In partnership with herFinancialFreedom

Read more: the empowering potential of financial wellness!

You may also like:


Interview: Suki Tsui from Sun & Moon Massage

Suki Tsui, Sun & Moon Launched during the pandemic, Sun...


Feeling Tired? Here’s How to Get Your Energy Levels Back

Photo by Vladislav Muslakov on Unsplash Tricia Yap, Functional medicine...


We Check Out Thia Wellness, a New Urban Spa in Central

The Buzz: Having established its name as the resident spa...


Get Inspired this Valentine’s Day with Jan’s Aesthetics of Nature

Valentine's Day is just around the corner, and luxurious skincare...


Six Boutique Gyms to Kickstart your Fitness in the Year of the Rabbit

Everyone knows that New Year's Resolutions in Hong Kong only...


Review: E-Sculpt Treatment at EstheClinic

The Buzz: Hailing from Paris, EstheClinic offers results-driven treatments for...