How to start investing?

So you’re adulting now and you decide that you want to “start planning for your future”, huh? But you have no idea on how to start investing. Alright then! Here’s a step by step guide on how to invest and where

STEP 1Medical and Life Insurance:

Firstly, get a good medical insurance policy. If there are people dependent on you, get a great life insurance policy too. We recommend pure term insurance policies (preferably online). No endowment plans and ULIPs! Insurance and Investments should be kept separate.

STEP 2 – Emergency Fund:

Before you start investing, ensure that you have a safety fund. This will be useful during a crisis and unforeseen circumstances. We recommend creating an emergency fund worth 6 months of your typical expenses. Moneyjar helps you create your emergency fund.

STEP 3 – Loans:

Once you have great insurance and emergency fund in place, remember to pay off any high interest educational/personal loans. It does not make any sense paying 12% interest on a loan while earning only 6% in a fixed deposit.

Once you have completed the above steps, you are ready to start investing for your goals.


  1. What are your financial goals? (It’s alright if you don’t have a goal and just want to invest in order to allocate money to future goals)
  2. How much risk are you willing to take? (This decision ideally depends on criteria like your age, no.of dependents, investing experience and criticality of goals to name a few.)
  3. Choose a financial adviser (Moneyjar offers a completely online platform where you can get advice, transact and then monitor your investments all in one place. We also provide free advice through phone and chat whenever you need it!)
  4. Figure out different ways for wealth creation. Check out this article for hacks Easy Hacks For Wealth Creation

Now you’re good to go! Happy Investing!

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