It’s tax time! Thankfully these days submitting a tax return is super easy for most people. And a lot of you will be getting a nice little tax refund. So what are some smart things you can do with your return? I’ve put together 5 of my ideas, let me know in the comments if you have any ideas of your own.
Saving
How to save some extra money before Christmas
Christmas and the holidays can be an expensive time of year. There are gifts, parties, travel etc. So here are some tips on how you can save some extra money for the holidays. I’ve focused on finding extra revenue sources that you can use in your spare time.
How to build an Emergency Fund
An emergency fund is money set aside in a bank account to cover unexpected expenses. Here is why you need one and how to setup an emergency fund quickly.
Unexpected Expenses
At some point in life we are all going to face unexpected expenses. These might include:
- Hospital Visits and emergency care
- Car repairs
- Home appliance repairs or replacements
- Unemployment
These expenses can be in the thousands of dollars. In a worst case scenario you could be faced with both unemployment and an unexpected expense.
What is Micro Investing
Micro investing is a great way for anyone – no matter their financial situation, to get started investing and saving. In this post i’m going to explain why micro investing works and the best options in Australia for getting started.
How to save your first $100,000
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.
How to have success with Raiz
Raiz is a micro-investing platform that invests your spare change in a diversified portfolio. It’s one of a growing number of investing apps targeted towards millennials. I’ve had great success with Raiz over the past couple of years. In this post I’m going to share some tips on how you can get the most out of investment with Raiz.
Get a $2.50 Bonus on Raiz
Raiz is a really neat app that invests your spare change in a diversified portfolio. It works in the background to grow your savings, every time you spend money.
You can get a bonus $2.50 in your account when you sign up through our offer link below.
Should you invest with Spaceship Voyager?
Spaceship Voyager is a new app that lets you invest in a broad range of companies with just $5. This isn’t the only App based investing product in Australia so how does it stack up to the competition and should you make the jump and start investing with them? Read on to find out.
Does Raiz Work?
Raiz is an Australian micro-investing app that invests your spare change in a diversified portfolio. I’ve been using Raiz (previously known as Acorns) for the past year and I’m going to share my results so you can get a clearer idea of what it does and whether its a good tool for you.
If you’ve been using Raiz, let me know in the comments if you’ve been having success.
