The habit of regular investing separates the wealthy from the financially stagnant

Wealthy individuals prioritize investing by “paying themselves first” – allocating money to investments before discretionary spending. They understand that consistency matters more than trying to time the market perfectly.
Self-made millionaires typically automate their investment contributions to remove emotion and willpower from the equation. Many follow the principle of investing at least 20% of their income, regardless of market conditions or economic cycles.

Set up automatic transfers to investment accounts on payday to develop this habit. Begin with whatever percentage you can consistently maintain, even if it’s less than the ideal 20%, and gradually increase your contributions as your income grows.