Research shows that starting your investment journey early in life pays off tremendously in your retirement years. Learning to invest starts with building positive habits around how you spend and save money.

Starting a savings account to grow your capital is an excellent example of the effect capital has on your investment mindset. When you begin to see your investment account grow every month, you’ll want to add more to it to accelerate your results.

After a few years of practicing diligent saving and investment of your money, you’ll change how you perceive money and its role in your life. Building a portfolio of income-producing assets takes time. However, if you change your spending and saving habits, there’s more of a chance of you ending up with a sizable investment portfolio that earns passive income.