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Category: Money

My Product Review of Raiz – The Micro-investing & Rewards App

My Product Review of Raiz – The Micro-investing & Rewards App

Updated November 2018 You can read my original review of Acorns here. For all of those who are unaware, Acorns Australia has re-branded to Raiz Investments. The re-brand came about after the venture split with is US based parent company. You can read about it here on the Smart Company website. It is still the same great investing platform that I have had really enjoyed being part of and would recommend to all my friends and family as a simple way to…

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Don’t Panic! How To Hold Your Nerve When The Market Drops

Don’t Panic! How To Hold Your Nerve When The Market Drops

So you’ve taken the smart route to wealth and decided to invest, good for you! You have probably been reading personal finance blogs for some time and also read some of the personal finance books (like Scott Pape’s The Barefoot Investor – The Only Money Guide You’ll Ever Need), so my guess would be you will probably have decided to invest in an index fund or ETF, or maybe you have just started out and signed up to Acorns! Well…

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How You Can Smash Your Debt With These 3 Easy Tricks

How You Can Smash Your Debt With These 3 Easy Tricks

Just like football, meat pies, kangaroos and Holden cars, debt seems to be a national past time in Australia. According to the Australian Bureau of Statistics 74% of Australians held debt in 2016, with the most common type being credit card debt. Whilst the trend shows the percentage of households in debt has not changed a great deal in the last ten years the average amount has almost DOUBLED. However all is not lost, we as a collective have the…

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An Introduction to Emergency Funds

An Introduction to Emergency Funds

What is an Emergency Fund? An Emergency Fund in simple terms is a lump of money that you keep aside to use in case of emergencies. It is a “peace of mind” account. It is money you put away for a “rainy day”. It gives you the comfort to know that is something drastic happens and all of a sudden you need a sum of money it is sitting there waiting. Unfortunately life does throw curve balls every now and…

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Ideas for extra income
7 Side Hustles You Can Start Today

7 Side Hustles You Can Start Today

This article is a follow-on from An Introduction to Side Hustles. The introduction post was designed to provide an insight to someone new to Side Hustles and how they can be beneficial to achieving financial independence. With this article I want take it one step further and create a list of potential side hustles for you to explore. In future posts I will build on this with a more in-depth review on some of these. You will notice that the list is…

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Hustle
An Introduction to Side Hustles

An Introduction to Side Hustles

A side hustle is a way to make some extra cash from a source other than your main income. A side hustle can come in many forms, a part time job, selling stuff on eBay or Etsy, online surveys, driving for Uber, starting a blog or many others. In fact if you have a hobby or a talent there is more than likely a way you can monetize it to earn some extra cash. Why start a side hustle? There…

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Product Review: Acorns

Product Review: Acorns

This article has been updated December 2017. Fintech is playing a big part in the future of personal finance. Although the basics of investing remain the same and always likely will, the advent of apps such Acorns have changed the landscape of investing. Acorns will probably not appeal to a serious investor, (for some reason I can’t see Warren Buffett opening an account) however it has really done a great job reaching out to a group of individuals that otherwise…

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