It takes time to learn and improve your financial IQ, but it is certainly not that hard.

Don't get worried when the market starts turning red.There have been a few corrections in the market, but they typically recover in a few days or weeks.

Once you understand where your money is going and what is left for savings, you may feel demoralised. Even though the amount is small in the first few months, you may be surprised by how much your balance grows in six months or a year.

From the day you start saving, put a reminder on your calendar once a week to work for one hour on your finances in some way. It could include reading, balancing the accounts, optimizing cash flow, researching funds, etc.