Make Money Online in Australia

Make money online in AustraliaAre you looking for ideas on how to make money online in Australia?  Here are some of the best methods that I’ve found actually work.  Some of these methods can be pretty time consuming – and even turn into full time jobs.  And others can be done in your spare time to make a little extra cash on the side.

With the Australian dollar being quite low compared to the U.S dollar, now is the perfect time to make money online and take advantage of our low currency.

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Here’s a Spaceship Voyager Promo Code

spaceship voyager promoUpdate – We’ve updated this with the latest spaceship voyager promo for May 2020.  The current promo gives you a bonus 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 $5 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

The cheapest way to invest in stocks: The Best Platforms

One of the biggest drawbacks of share investing are the brokerage fees.  These can really eat into any gains – especially if you’re not investing large amounts of capital.

Unfortunately in Australia we don’t have access to platforms like Robinhood which offers free stock trading.  But if you’re a bit creative, there are ways to cut down on your fees.  Here are my picks for the cheapest stock trading platform

Read moreThe cheapest way to invest in stocks: The Best Platforms

Aldi Mobile: Is it worth it?

Aldi Mobile LogoLooking to save a bit of money by switching to a cheaper mobile provider?  Then Aldi Mobile could be for you.  They have some of the cheapest plans available and run on the Telstra network. Here’s my Aldi mobile review to help you make a more informed choice.

How much does it Cost

With Aldi Mobile you can either go with a plan or pay-as-you-go.    The cheapest option for both is $15.  So if you’re after a budget phone plan then this is perfect.

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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

The Highest Paying Survey Sites in Australia

Looking to make a little more revenue on the side?  You can complete surveys and earn small amounts of cash for your time.  You’re never going to get rich from surveys but they are a great way to add a little extra income on the side.  You can easily earn a few hundred dollars a month by dedicating an hour or less each day to completing online surveys.  It’s a great way to make money from home (especially if you’re self isolating due to coronavirus).

These are the highest paying online survey sites in Australia:

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Should you Invest during the Coronavirus Pandemic

Over the past 2 weeks, global stock markets have taken a battering.  Many people would understandably be getting very concerned seeing their super accounts, stock investments etc go down.      And some people would have panic sold.  But is now a good time to stop investing?  Is it a good time to start investing?  In this post I’m going to walk you through some of potential future scenarios and what effect this will have on your money.

Read moreShould you Invest during the Coronavirus Pandemic

Here’s a Raiz promo code for 2020 – Get $5 Free

Update:  We’ve updated this for April with the latest Raiz promo code.

Looking to sign up to the micro-investing app Raiz?  Before you do, make sure you take advantage of this bonus offer.  You’ll get a little extra cash invested into your account.   While it may not seem like a huge amount, every little bit adds up – and besides, who doesn’t like free money!

Read moreHere’s a Raiz promo code for 2020 – Get $5 Free