How I Saved My First $50,000 at 20

There’s a lot of financial advice floating around on how to save money. Most of it includes things like cutting out your daily coffee, packing lunch to work or only buying items on sale. While these tips may help you temporarily save an extra $50 or $100, they are not going to help you saveContinue reading “How I Saved My First $50,000 at 20”

7 Financial Mistakes To Avoid In Your 20s in 2021

Your 20s are an interesting time. It is when most of us are able to start earning a decent pay check for the first time in our lives and take on major financial responsibilities such as debt. While it is really exciting (Especially the whole full-time salary part!), it can also be scary and overwhelming.Continue reading “7 Financial Mistakes To Avoid In Your 20s in 2021”

Why Saving Money Won’t Make You Rich

When I was a kid, I thought that in order to become wealthy, you had to save a lot of money. If you kept saving and saving, soon you would have a lot of money, right? It seems to be the safest and most reliable method to generate wealth, does it not? Unfortunately, this isn’tContinue reading “Why Saving Money Won’t Make You Rich”

Why I Don’t Reinvest My Dividends

We all love receiving dividends and the common advice in regards to dividends is to reinvest them. Why? Reinvesting these dividends allows an investor to super-charge future returns, using the power of compound interest. It’s a pretty great strategy. It is cheap, easy, flexible and increase stock market returns substantially. That being said, I actuallyContinue reading “Why I Don’t Reinvest My Dividends”

How To Invest In Property Without Actually Buying Property

Recently, I was chatting to a girlfriend who mentioned that she wanted to invest in property but didn’t have the cash to do so. She wanted the returns of the Australian property market without committing herself to purchasing an entire house. However, you really don’t have to – it is still possible to get realContinue reading “How To Invest In Property Without Actually Buying Property”

Why I’m Not Buying A Home (Even Though I Can Afford One)

If I told my younger self that I still didn’t own a property, she’d probably freak out. For the longest time, buying property was my number one goal. I educated myself on the nitty gritty and knew exactly what I wanted, with the means to do it. However, after a failed attempt I reassessed andContinue reading “Why I’m Not Buying A Home (Even Though I Can Afford One)”

Can You Pay Your Bills Without Working? Here’s How I Do It

My electricity, wifi, water and mobile bill as well as my car insurance and Spotify are paid without me working. How? The short answer is passive income. Okay, so I do work full-time because I still need to pay rent, buy $25 cocktails and contribute to my investment portfolio. However, as a lazy 20-something girlContinue reading “Can You Pay Your Bills Without Working? Here’s How I Do It”

Financial Advice From My Immigrant Parents

I’ve had a few different guests to share their advice on this blog and I have a special one for you today – my parents. Migrating twice to completely new countries with zero help, they have a unique financial outlook and perspective which I would like to share with you today. First up, my dad.Continue reading “Financial Advice From My Immigrant Parents”

Here’s What I Invest In As An Australian Finance Blogger

“What stocks do you have in your portfolio?” “What stocks are you currently buying?” As a finance blogger, I frequently get the above questions. To be honest, it’s pretty boring! I purchase Vanguard Diversified High Growth Index ETF shares every months, or VDHG for short. By percentage, it is the largest holding in my portfolioContinue reading “Here’s What I Invest In As An Australian Finance Blogger”

How To Save Money Without Giving Up Everything You Love

There seems to be a common misconception that if you want to save money you need to give up everything fun. No takeaway coffees, no international trips, no brunch out with friends, no shopping – it all sounds pretty sad. And frankly, is it even worth saving money if you will be miserable in life?Continue reading “How To Save Money Without Giving Up Everything You Love”