Setting a savings goal can be a powerful tool for managing your money and making better financial decisions. It can also help you achieve your financial goals faster and more effectively. The first step is having a specific savings goal in mind. For example, rather than resolving to “saving more”, you could have a more specific goal such as “save & invest $10 every week” so you are able to track your progress and stay motivated at each milestone.
Calculations on how much money you could save by either making your coffee at home or skipping it altogether are well-worn clichés in finance world rhetoric. Contrary to this: life is hard and small joys are often what get us through the day. Your iced long black probably isn’t going to be the determining factor that holds you back from financial independence, hitting your goals or feeling successful – it’s just not that deep. Read Post
In everyday life, we often refer to investing as putting time or effort into something that will provide a long-term benefit, such as an education. When we talk about investing from a financial perspective, we’re more concerned with investing money, with the expectation of generating an income or profit with a long-term benefit for you financially.
Surprises are a part of life. While we can’t control when these happen, just like how we can’t control the stock market, we can manage these ups and downs in a similar way by saving and investing regularly into an emergency fund that is set aside for these unexpected expenses or financial emergencies.
This content is for entertainment purposes only and is not intended as financial advice or investment predictions (please don’t take it seriously!). It does not take into account your financial situation, objectives or needs.
New Year, New Me! Having new year’s resolutions can be a helpful way to focus on making positive changes in your life and improving yourself across finance, health, family, friends, and career to name a few.
PLEASE NOTE: This blog contains outdated information regarding “Custom” portfolios. These portfolios were replaced by Plus portfolios on 01/08/2023, for more information please read the Plus blog post or the PDS.
The wait is over! Raiz users can now have access to Australian residential property in their portfolio.
With as little as $5 you can gain exposure to our portfolio of ten properties (and counting!).
PLEASE NOTE: This blog contains outdated information regarding “Custom” portfolios. These portfolios were replaced by Plus portfolios on 01/08/2023, for more information please read the Plus blog post or the PDS.
We are excited to announce that we have added seven new ETFs to our Custom portfolio offering! This brings the total number of ETFs available to 23, alongside access to Bitcoin and the new Raiz Property Fund.
We all know that Christmas can be an expensive time of year and so it definitely makes sense to look for ways to stretch your money as far as it can during the festive season.
29-11-2022
In a surprising and unprecedented statement at a Senate Estimates Committee meeting yesterday, RBA governor Lowe apologised for forecasting in 2021 that they did not expect the cash rate to go up until 2024. Instead, the RBA has raised rates seven months in a row this year to tame the rising cost of living. He also emphasised that the recent federal budget has not impacted the RBA’s monetary policy.
