There are purchases that are really worthwhile, and then there are impulsive purchases that you could’ve done without, like your midnight ASOS order.
Your twenties are a great time to start investing in yourself and that involves quality purchasing decisions. And yes, that probably means spending less time in Kmart.
Here are 10 things that are worth spending money on in your 20s.
Continue reading “10 things worth spending money on in your 20s”
Researching all the available options for you as a first-time investor is a critical step that shouldn’t be missed. Even if you end up paying a third party to manage your investments, you will need to understand how they will invest on your behalf and what to expect from them.
Investment funds such as exchange traded funds (ETFs) and index funds are a popular choice for those new to investing. Learn more about how they work, their advantages and disadvantages so that you can decide on the best investment strategy for you.
Continue reading “Exchange Traded Funds vs Index Funds”
Hang on, isn’t all debt bad?
Wrong. Well, sort of.
Technically speaking, having debt means you’ve spent money you don’t have. Sometimes this isn’t such a bad thing, as long as you’re getting long term value out of it and you’re not racking up debt to the point where you can’t see a way of ever repaying it – this is always bad debt. Continue reading “The difference between good debt and bad debt”
Chances are you’ve probably joked about never being able to afford a house with your friends, but have you actually sat down to crunch the numbers? We have.
Continue reading “How long does it take to save for a house deposit in Australia?”
Investing can be daunting for anyone who’s never done it before, beyond putting their money into a high-interest savings account (that may not even keep up with inflation).
But investing doesn’t have to be scary, in fact it should be exciting, because at the end of the day you’re growing your wealth. The trick to it is understanding the basics, so we’ve pulled together five fundamentals that’ll help you manage your money in the market.
Here are five rules to live by when it comes to investing.
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It’s quite difficult now to even remember a time before online shopping. It’s just too easy to hop on Instagram and buy the latest season’s shoes/jacket/jeans/swimwear. So easy that it’s addictive.
If you’re getting a regular ‘fix’ from hitting order on ASOS or Amazon, maybe it’s time to kick the habit to the curb and save your dollars.
Continue reading “5 ways to curb your online shopping habit”
When December swings around, it’s easy to get caught up in the Christmas spirit, but there’s a fine line between feeling festive and feeling like you’ve just broken the bank.
Each year, people all over Australia head into the holiday seasons with mixed feelings of excitement and total and utter fear that they’ll come out the other side with debilitating debt that they’ll be paying off until Easter.
Fortunately, it doesn’t have to be that way.
Here are six tips to help you avoid breaking the bank this holiday season.
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A lot of us inherit the financial institutions of our parents, mainly because they set up our bank accounts for us when we were just little tackers who were too young to do the comparison shopping ourselves.
As a result, a lot of us sail through our young adult lives with a bank we didn’t actually choose, and which may not be giving us the best deal on the market. Fortunately, the advent of the Internet has made finding the best banks infinitely easier. The secret is knowing what to look for.
Here’s what to look out for when choosing a bank.
Continue reading “Are you getting the most value out of your bank?”
Good-quality financial advice is not available to the vast majority of Australians. Very few have access to financial advice, and if they do, it tends to be later in life and closer to retirement. It’s a similar situation with investing.
Here’s where robo-advisors come in.
Continue reading “Robots make investing better for Australians”
Before you can dive headfirst into the world of investing, it’s important to gain an understanding of how things work. Bonds are one method of growing your money through investing and they come with a lot of options and factors that you should wrap your head around before wrapping your money in them.
Here’s everything you need to know about bonds.
Continue reading “Investing 101: Everything you need to know about bonds”