Step 1: Build up your emergency funds first It depends on your financial obligations. Usual guideline is 3-6 months of expenses, for salaried employee; 6-12 months for self-employed. No hard and fast rule. Step 2: Ensure you get some basic insurance coverage Hospitalisation and critical illness coverage are important. After that, if you like, you can look at other stuff like personal accident, disability income. Once Step 1 & 2 are done, you can set aside some money for investing. While you're doing all these, if time allows, you can do some side hustle to boost your savings, plus also upgrade yourself. This is an increasing open world. Anyone can work with you from overseas, and vice versa. For example, there was this guy in The Burrow Facebook group who found his job via Reddit and has been working from home (remote work) for 4 years. Goes to show how technology has changed the way we work and find work. Hence, when we believe that we're not just competing locally but globally, it will spur us to improve our skill sets, and in turn, these will increase our value, allowing us to stay employable.