Save to invest rather than to spend.
Choose businesses or investment vehicles that yield passive income like royalties, dividends or rents.
If you intend to put money in portfolio investments, make sure you understand how the market works so you'll know when to buy or sell. Don't speculate.
Make long-term investment plans. Decide how much money you want to make in a certain period, and then plan how you should go about it.
Invest only money you can afford to lose.
Take a good look at how you're earning and spending money. Learn to control your cash flow.