The Money Marketer
Here are some of my most popular posts. From how to manage money, buy shares, embrace frugality or even cheap healthy meal ideas – here’s what my readers loved.
Frequently Asked Questions (FAQs):
What is passive income?

I refer to passive income several times in this blog, but what does it actually mean?
Passive income refers to income that requires little work to maintain it. In contrast, active income is one that requires a large time investment. Your full-time job for example, would be considered active income. The reason passive income is excellent is it allows you to earn more money, while investing less of your time. You can read more about passive income here.
There are many ways to create passive income in Australia, my favourite being dividends through stock market investments.
Why should I budget?
Budgeting is one of the most powerful personal finance tools. It is essentially an analysis of how you spend and earn money. Budgeting helps you set goals, targets and also identifies problems in your spending habits.
The realisations you will make could be anywhere from that you need to increase your income or perhaps need to cut down on delivery food. You need to budget to find out where you are and what steps need to be taken. See if you are spending a large amount on one category but don’t feel like you’re getting it’s “worth”, or if there is anywhere that you could cut down.
You are essentially deciding where you should spend your money, what you value and what is important to you. Looking for a budget planner template? Click here to access one of my favourite free online budget planners. It’s simple to use and you don’t have to provide any details.
What Is The Minimum Amount To Start Investing?
Interested in investing but not sure what the minimum amount is? Technically, it’s $500.
That is the lowest amount that you can choose for a first trade on the ASX (Australian Securities Exchange). However, you can invest much smaller amounts with micro-investing applications such as Raiz and Spaceship.
What are some high-paying skills that are in demand?
- Digital Marketing (this is what I’ve gone with!)
- AI (Artificial Intelligence)
- Analytical Reasoning
- Blockchain
- UX Design
- Cloud Computing
- Business Analysis
Why is goal setting so important?
I always emphasise the importance of writing down goals and here’s why. According to a Harvard Business Study:
- 83% of the population does not have goals
- 14% have a plan in mind, but are unwritten goals
- 3% have goals written down
- The 17% who have goals are 10 times more successful than those without!
Taking five minutes out of your day to write down some goals can make a bigger impact on your finances than you think.