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.  

Read moreHow to build an Emergency Fund

How to earn free Amazon Vouchers

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

Why you shouldn’t book your flights on Flight Centre

This week ABC News published a report into some very dodgy practices by popular travel agent Flight Centre.  To be honest, I haven’t used a travel agent before They’ve always been more expensive and it has felt like a rip off.  I’ve gotten quotes from travel agents, but have always managed to find better prices online.

So if you’ve been thinking about booking some travel through Flight Centre or another travel agent, maybe you should rethink your approach.

Read moreWhy you shouldn’t book your flights on Flight Centre

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.

Read moreHow to save your first $100,000

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.

Read moreDoes Raiz Work?