Have I Made Any Changes To My Finances In The COVID-19 Outbreak?

We are currently experiencing a difficult and unpredictable time among the recent COVID-19/Cornona Virus outbreak. This has had substantial impacts on the economy, including the stock market facing a massive drop. I wanted to discuss my thoughts about if I will be making any changes to my investment strategy, what I will be keeping theContinue reading “Have I Made Any Changes To My Finances In The COVID-19 Outbreak?”

How Do I Actually Invest Money?

This post is for all my beginner investors. There you are – kind of interested in investing, have a bit of extra income but not sure how to actually do it. Or even what your options are. There is SO much information out there which can makes things pretty overwhelming! Let me break it downContinue reading “How Do I Actually Invest Money?”

Only 35% of women can answer these financial questions correctly

The Household, Income and Labour Dynamics in Australia (HILDA) ran a survey a couple of years ago to determine financial literacy nationwide. It found only 35 per cent of women answered all five questions correctly, compared with 50 per cent of men. I find this figure disappointing and feel that we need to work towardsContinue reading “Only 35% of women can answer these financial questions correctly”

3 Reasons To Invest In The Stock Market Instead Of Real Estate

Choosing the type of investment to make really depends on your own personal circumstances. Your financial goals, risk tolerance and investment horizon. However, I find that in Australia SO many people are focused on real estate investment. While I think real estate has several benefits such as providing tax breaks and is less volatile, I’dContinue reading “3 Reasons To Invest In The Stock Market Instead Of Real Estate”

I’ll never make an extra contribution to my superannuation fund. Here are 3 reasons why.

For any non-Australians reading this, superannuation or “super” for short is currently the main method to save for retirement in Australia. Your employer must pay a percentage of your earnings into your super account, and your super fund invests the money until you retire. On top of the standard amount that your employer invests, youContinue reading “I’ll never make an extra contribution to my superannuation fund. Here are 3 reasons why.”

How do I buy a stock/share in Australia? Easy guide with examples

Know what company you are ready to invest in? Great! I am going to purchase some shares today and take you through the step-by-step process. Keep in mind that this is a very basic guide and is certainly not inclusive of all options and steps that one can take. In Australia, the Australian Securities ExchangeContinue reading “How do I buy a stock/share in Australia? Easy guide with examples”

Are you losing money by saving money?

There you are, regularly socking away 20% of your pay into a savings account. The safest, and most reliable method to generate wealth. Right? Wrong! Money loses its value over time, due to a concept known as inflation. In Australia, our inflation rate has been pretty consistent at around 2%. This means that your moneyContinue reading “Are you losing money by saving money?”

3 Powerful Ways To Help Your Finances Today

Getting on top of your finances is often a slow and boring slog. However, there are strategies to manage this better and can be accomplished within one day. Here’s 3 things you can do today to help your financial health out. Note down what you want. Do you want to save for a holiday? AContinue reading “3 Powerful Ways To Help Your Finances Today”