What your favourite wine says about your investing style

Group of friends cheering with wine

First things first: if you’re sipping on a beautiful red or white right now, that already says a lot about your awesome personality. Cheers! But it turns out that your favourite tipple gives a lot more away about what type of person you really are – the wine you love might say an awful lot about what sort of investor you are.

Don’t believe us? Let’s get straight into it:
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The case for being frugal (and how to make it happen)

living frugally

‘Frugal’.

It’s a word many of us associate with being cheap, mean with money or stingy – just like Scrooge McDuck. Although wealthy, Disney’s Scrooge is a particularly greedy, cruel and selfish miser who keeps his cash in a giant money bin and is reluctant to even pay Donald a mere 5 cents an hour to polish his coins.

But Scrooge gives the word ‘frugal’ a very bad name. Taken out of the Disney world, some might think a frugal duck is one who is paranoid about money, stealing everything not nailed down from a hotel room and stashing 25 cafe satchels of sugar in their pockets after a coffee.

But frugal just means fiscally conservative – or smart with money. And who doesn’t want to be smart?

Here are the real benefits of being a bit more frugal:

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6 investing mistakes young Australians make

investing mistakes

Ask a seasoned Australian investor, and they will have little doubt about why they put their money to work. They’re thinking about retirement, paying off homes and giving their kids a financial boost, building great businesses – building wealth.

But when it comes to younger Australians, it’s more challenging to encourage them to start making smart investment choices. The vast majority don’t invest at all, with many saying they can’t afford it or simply don’t know enough.

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Three worthwhile ways to grow your money

Happy Millennial

One thing people tend to forget when they’re trying hard to save money is that it isn’t just about budgeting and cutting back your expenses. You can and should also explore ways to earn more money as well.

Finding ways to increase your income can help you grow your wealth and even hit financial goals faster. There are several ways you can earn a bit more money on the side, like asking for a raise or doing a bit of freelancing in your spare time.

However, the best forms of additional income are low maintenance and effort, because unlike money, you can’t grow your time.

Here are three ways to earn more money while keeping your day job.

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The best apps to solve share house money woes

Housemate apps clover

It’s a fact: Living with housemates can be stressful, even at the best of times.

Waiting for your turn in the shower, people pinching your food or the pile of dirty dishes always cluttering up the kitchen sink are just the tip of the share house nightmares iceberg.

On top of these common pain points, shared living often comes with awkward conversations surrounding the splitting of shared expenses.

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How to budget for that once-in-a-lifetime Eurotrip

Unfortunately, slotting a handful of gold coins in a piggy bank at the end of the day won’t get you much further than across the road for a coffee. In order to get that South of France tan, you need to know how to budget – and budget well.

Fortunately for you, we’ve put together a list of tips and tricks that’ll get you halfway around the world before you can say ‘Brexit’, simply follow these seven steps.

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How to solve four common money problems faced by couples

Even at the best of times, relationships can be difficult. Although most of us seek true love and that tale of ‘happily ever after’, it’s a total myth that if you find just the right person to spend your life with, you’ll never experience any conflict.

Even if you are with a very special someone who’s really suited to you, it’s never smooth sailing all the time. But there’s something that really can spell troubled waters for many, many couples:

Money.

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What you should know about buying and trading bitcoin

bitcoin

If the surging popularity of Bitcoin has somehow passed you by, you may have been living under a rock. The cryptocurrency’s value has skyrocketed this year from $1,341 in January to a new high of around $25,000 (in Australian dollars) this month. It’s not a surprise Bitcoin is on everyone’s lips, and many are wondering if they should try their luck trading bitcoin.

Here are a few things you should be wary of before buying or trading bitcoin.

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7 ways to consider your finances over Christmas

financial review

Well, 2017 may not quite be over, but as you start getting ready to taste that turkey and pull those crackers, the Christmas lull is definitely a good time to take stock of your personal finances and make some plans, changes and resolutions for the looming year.

Here are some things to consider to get your financial house in order before 2018 starts.

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