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”

Why I’ll Never Buy a New Car – Even If I’m a Millionaire

I would never buy a brand-new car, even when I become a millionaire. Why? Most new cars purchases are horrible financial decisions – especially when you’re young with a lower income. You may be thinking “I can easily afford the repayments” or maybe even “I can afford to buy it in cash, what’s the bigContinue reading “Why I’ll Never Buy a New Car – Even If I’m a Millionaire”

How Long Does It Take To Become A Millionaire?

Investing is not a get-rich-quick scheme. Investing will make you a millionaire – but it takes a lot of time. If you invested $10,000, investing $1,250 weekly – you’d become a millionaire within 10 years. But, let’s be honest. Investing that much money weekly isn’t feasible for most of us. Plus, while it would beContinue reading “How Long Does It Take To Become A Millionaire?”

5 Things To Know Before Investing

Don’t we all wish we could back in time? Here are 5 things I wish I could tell myself before I started investing! 1. Investing is easy – saving money is hard. You don’t need to be good at maths, a charting expert or some kind of finance genius. It’s pretty simple – don’t beContinue reading “5 Things To Know Before Investing”

The 3 Stages To Financial Freedom

It can be confusing to figure out where you are in your money journey. What steps should you take to start building your wealth, what should you do next? Here are three easy to steps to follow through, for fool-proof financial success. 1. Make Money This is the most straightforward step. It applies to thoseContinue reading “The 3 Stages To Financial Freedom”

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”