Moustache Money
With Movember just around the corner, people all over
the world are preparing to grow a moustache to raise money and awareness for
men’s health issues. This got the team at Raiz thinking about what it takes to
grow facial hair, and found that it’s very similar to growing your money.
4 key stages to growing:
The Decision
You’ve thought about it for a
while, you’ve seen your mate’s ‘stache (or stash of money), and you know how
great it could be. It’s time to start growing!
The Envy
It’s been a few days and you’ve
not got much to show above your upper lip – you begin to notice every beautiful
moustache you pass and wonder why that can’t be you. The same happens with
saving, not everyone can put away $100 a week, but it’s about working with what
you’ve got.
Don’t get jealous, just be
patient, slow and steady wins the race.
The Itch
You’re beginning to get some
solid growth, but with this growth comes a nasty itch.
For growing a moustache, the itch
is physical one, as prickly hairs scratch your skin, and you start thinking
about shaving the itch away.
For growing your money, the itch
is one of temptation. The itch to start spending the nice little stash that
you’ve accumulated.
The solution? Fight through the
itch! You’ve made it this far, so keep at your long-term strategy and keep it
growing so that you can reach stage 4…
The Glory
This is what you’ve been waiting
for, once you reach this stage nobody remembers The Envy, or The
Itch, you’re just happy you made The Decision. You’re
either sitting with a pile of savings, or a luscious moustache, either way you
feel pretty good.
When saving money, everyone has
different definitions of glory, it could be a car, a holiday, or a more stable
financial future – whatever your goal is, Raiz wants to help
you get there. With our different tools we give you a more natural way to
invest, and a new way to let your money grow. All you have to do is remain
patient. For more information on Raiz fees, click here.
So this November, make the
decision to Invest the Change with Raiz, grow your mo with Movember, and raise
some money for a great cause in the process.
Don’t have the Raiz App?
Download it for free in the App store or the Webapp below:
Important Information
The information on this website is general advice only. This means it does not take into account any person’s particular investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the product.
A Product Disclosure Statement for Raiz Invest and/or Raiz Invest Super are available on the Raiz Invest website and App. A person must read and consider the Product Disclosure Statement in deciding whether, or not, to acquire and continue to hold interests in the product. The risks of investing in this product are fully set out in the Product Disclosure Statement and include the risks that would ordinarily apply to investing.
The information may be based on assumptions or market conditions which change without notice. This could impact the accuracy of the information.
Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz Invest or Raiz Invest Super.
Past return performance of the Raiz products should not be relied on for making a decision to invest in a Raiz product and is not a good predictor of future performance.
