How to invest £50 a month: tips for people at different ages

Experts explain how small, regular sums can build wealth over time, from your 20s through to retirement Thinking about investing? There are compelling reasons for moving at least some of your money away from standard savings accounts and into the stock market. There are also risks, but over the long term the rewards can be better. Many people are put off by the idea that you need to be wealthy to start investing, or over a certain age. But even if you can only afford to set aside £50 a month, it is worth considering. And while there are important factors to consider before you start, it is rarely too early, or too late, to take the first step. For most people, choosing funds will be a better option than buying shares (also known as equities or stocks) in an individual company. Funds let you spread your risk, and give the job of buying and selling shares to a fund manager. We asked some experts for tips on where to invest £50 a month at different life stages. If you haven’t already, it is worth building up an emergency fund that would cover three to six months of essential outgoings that you can easily access in case of unexpected costs. After that, consider your investment goal