3 Habits That Helped Me Build a Six-Figure Net Worth (in my 20s)

Having a large income doesn’t always translate to wealth. If you make $100,000 a year and spend $110,000 – you will never get on top of your finances and always be stuck living paycheck to paycheck. While your income is an important component, what is even more vital are your money habits. I’ve shared 3Continue reading “3 Habits That Helped Me Build a Six-Figure Net Worth (in my 20s)”

3 Money Habits That Are Keeping You Poor

Do you have a decent salary but wonder where your money goes every month? It’s likely your income isn’t the problem, but rather your money habits. Even if you make a large income, it’s very challenging to create wealth if you have poor money habits. Here are 3 key actions to avoid. 1. Paying yourselfContinue reading “3 Money Habits That Are Keeping You Poor”

What Is The Minimum Amount To Start Investing?

Technically, it’s $500. That is the lowest amount that you can choose for a first trade on the ASX (Australian Securities Exchange). However, there are a few things to consider before you go ahead and make this first purchase. Brokerage fees Ever wondered why larger amounts like $5,000 or $10,000 are recommended to start investingContinue reading “What Is The Minimum Amount To Start Investing?”

3 Ways I Made Extra Money During Lock-down

What a crazy time this is. Us Melburnians can’t go out of a 5km radius of our homes and are only allowed one hour of exercise per day. How do I stay entertained? Blogging of course! All jokes aside, I hope everyone is safe, healthy and happy 🙂 Like many of us, I have beenContinue reading “3 Ways I Made Extra Money During Lock-down”

3 Things Not To Do When Managing Finances as a Couple

Note from The Money Marketer: This is a guest post kindly written by WealthFitzYou. Knowing how to navigate finances with your partner is so important and I’d love to help you out with that. However, I personally don’t have any experience with this as a single woman with independent finances. This is where WealthFitzYou comesContinue reading “3 Things Not To Do When Managing Finances as a Couple”

How Bubbles Affect The Stock Market

Note from The Money Marketer: This is a guest post by Financial Freedom 101 – be sure to check out their blog by clicking here. They provide lots of educational content on the stock market, perfect for the Gen-Z investor! Stock market bubbles are common, and I think we are in one today. Bubbles formContinue reading “How Bubbles Affect The Stock Market”

Is Choosing An Investment The Same As Choosing A Lottery Ticket?

Trying to pick a winning investment may seem like buying a lottery ticket. What’s going to boom in the future? “Afterpay?” “Medical marjiuana stocks?” “Bitcoin?” It may seem like it’s a game of chance and luck. However, this is not the case. Long-term stock market investing is not the same as gambling. Here’s why. WhenContinue reading “Is Choosing An Investment The Same As Choosing A Lottery Ticket?”

5 Reasons Why People Lose Money In The Stock Market

Investing in stocks can seem really scary and intimidating especially when you hear personal experiences about losses. And yes, it does carry risk! However, avoiding these mistakes, educating yourself and doing research will substantially increase your likelihood for success. Just a note that I am a long-term investor that prefers stable and lower risk investments.Continue reading “5 Reasons Why People Lose Money In The Stock Market”

Three Money Lessons That COVID-19 Has Taught Me

We can all agree that the last year has been crazy. The pandemic has affected every area of our lives, including our finances. I have learned so much about myself and my money habits and decided to reflect on this. Here are three money lessons that COVID-19 has taught me! 1. The importance of cashContinue reading “Three Money Lessons That COVID-19 Has Taught Me”

Why You Need an Emergency Fund

If you don’t have an emergency fund, you need to start working towards this right now! You’ll never hear me say this about anything else. Invest when you feel ready, buy real estate when you have the funds. However, creating an emergency fund is the opposite. You need an emergency fund now. Here’s why. WhatContinue reading “Why You Need an Emergency Fund”