Split your income into three categories.

• Needs (including any debt to pay off)
• Wants
• Investments

PAY YOURSELF FIRST

Why? Because with whatever is remaining you will be forced to find ways to pay off the other categories. So first, invest.

Investment doesn’t only mean you buy some stocks, mutual funds or create an FD. Invest in yourself too. Read. Read a lot! I personally do not set a limit on the money I spend for educating myself. Book I am reading right now is ‘Rich Dad Poor Dad’ by Robert Kiyosaki. Highly recommended.