How to save your first $100k

Guru investor Charlie Munger once said “The first $100,000 is a bitch”.  It sure is.  When you start out investing and saving, your money will gain very little from compounding.  Most of your growth will come from putting aside money from your salary and other side income.

Once you hit $100k though, things will start to become a little easier.  For many people $100k seems completely unreachable.  But there are countless stories of people who have been dilligent with their finances and managed to overcome that barrier.  Here are some tips you can use on your journey to ammassing your first $100k.

Read moreHow to save your first $100k

Spaceship vs Raiz: Which One Performed Better This Year

Spaceship vs RaizI’ve been investing using the micro-investment apps Spaceship Voyager and Raiz, so I thought I would compare Spaceship vs Raiz to see how they performed over the last financial year (2019/2020).

This has been a pretty interesting year for the markets.  At one point we were setting record highs, before everything came crashing down thanks to Coronavirus.

Read moreSpaceship vs Raiz: Which One Performed Better This Year

Here’s a Spaceship Voyager Promo Code

spaceship voyager promoUpdate – We’ve updated the promo code for July: Currently you get $10 instead of $5

I’ve been using the Spaceship Voyager app for the past few months.  It’s one of my favourite investment products.  They are currently running a promo where you get $10 free when you sign up to use the app.  It’s a great way to start your saving and investing journey.  Read on to find out how to get the bonus:

What is Spaceship Voyager

Spaceship Voyager is a new way to save and invest money. You can start investing with as little as $5 and then setup either scheduled investments of invest one off lump sums.  Your money gets invested in a diverse portfolio of stocks.  You can choose one of two portfolios – one is made up of the companies Spaceship thinks will be important in the future.  Think Apple, Tesla, Netflix etc.  The other is an index fund made up of the top 200 most popular companies.

Read moreHere’s a Spaceship Voyager Promo Code

eToro Review: Is It worth signing up for

I’ve been using eToro for a while now.  It’s an innovative online social trading platform that is now available in Australia.  It has some pretty unique features so I thought I would give it a full etoro review for 2020.  So is eToro worth it?  Read on to find out:

What is eToro

eToro is an online trading platform.  Through eToro you can trade shares, forex, commodities (such as gold and oil) and cryptocurrencies.  What makes eToro unique is that it’s also a social trading platform.  It’s a bit like if you combined Facebook with a broker.  Traders on eToro can share their trades, and other people can copy them.

Read moreeToro Review: Is It worth signing up for

You probably shouldn’t trade on Plus500

Plus500 is one of the most popular CFD trading platforms in Australia.  It’s definitely the one I see most advertised online.  But is it actually a good place to trade stocks and other assets?  Here are some of the reasons why I don’t think its a good fit for most people.  If you’ve been thinking about signing up to Plus500, make sure you read this first.

Read moreYou probably shouldn’t trade on Plus500

Make Money Browsing the web with Brave

Brave BrowserBrave is a relatively new web browser that aims to protect your privacy and speed up your web browsing by blocking intrusive ads.  But did you know you can also earn a share of ad revenue if you do choose to see ads on Brave?  Brave is the only browser that actually pays you to browse the web.  So read on to find out how to make money with Brave and why you shouldn’t be using Chrome anymore.

Read moreMake Money Browsing the web with Brave

CoinSpot Review for 2020: is it legit?

Coinspot reviewCoinSpot is a popular Australian cryptocurrency exchange.  I’ve been using it for the past few years, and wanted to put together a review on whether or not I thought it is the best option for Australian’s looking to buy Bitcoin and other cryptos.  Here is my full CoinSpot review for 2020:

What is CoinSpot

CoinSpot is a crypto exchange for buying and selling cryptocurrencies.  They are an Australian company and cater to Australian customers.  If you’re looking to buy Bitcoin in Australia, it is currently my number 1 pick.  I’ve been using them for a number of years and have found them to be a reliable place to buy crypto.

Read moreCoinSpot Review for 2020: is it legit?

You can now Invest in Stocks without Commissions on eToro

Popular online trading platform, eToro has launched commission free trading for real stocks.  This means you can trade stocks like Netflix, Apple, Tesla and more and you won’t pay commissions.  Previously eToro only offered CFD trading in Australia.  But now you can buy and own the actual stock through eToro.

Investing in U.S Stocks

While you can trade cfd stocks from all over the world on eToro, currently only real stocks are available for U.S listed stocks.  But for many Australians, this is perfect.  I know I’ve always wanted a way to invest in U.S stocks without having to pay the huge commissions that Australian brokers charge.

Read moreYou can now Invest in Stocks without Commissions on eToro

How to earn free Amazon Vouchers

Updated with my new favourite way to earn free amazon vouchers for June 2020

Would you like to turn your spare time into amazon gift cards?  Imagine not having to pay for kindle books ever again!  In this post I’m going to share 4 very different ways you can earn free amazon vouchers.  These vouchers can be used on purchasing anything from Amazon, and many of these sites will allow you to also earn Amazon.com.au vouchers.

Read moreHow to earn free Amazon Vouchers

Qmee Bonus: Get $1 Free when you Join

Qmee BonusQmee is currently one of my favourite ways to make money online.  If you’re thinking of signing up, make sure you use this Qmee bonus promo offer to get $1 for free when you sign up.

What is Qmee

Qmee is an online survey site.  They pay you to complete surveys.  Each survey takes anywhere from between 2-20 minutes.  And the amount you get paid varies.  The longer the survey the more it tends to pay.  You’ll get paid anywhere from $0.20 to $5.

I prefer Qmee to other sites because they offer instant payouts with no minimum.  So as soon as you complete a survey you can cashout your earnings instantly to your PayPal account.

Read moreQmee Bonus: Get $1 Free when you Join