Hello December! ‘Tis the season for the best calendars on the planet: Advent Calendars!
Welcome to the Raiz Advent Calendar! Let’s see how many of these you can stick to. They may not be sweet like chocolate, but here are some small steps that should help improve your financial waistline this holiday season.
This year Black Friday falls on the 27th of November but many brands are starting their sales early! You can browse a list of the deals that our Raiz Rewards partners are offering on our Raiz Rewards blog.
23-11-2020
George Lucas, Raiz Group CEO
The news this week will be the fight between the US Federal Reserve and the US Treasury that came to light on Friday, with Treasury Secretary Steven Mnuchin deciding to let several of the Fed’s emergency funding programs expire on December 31.
Raiz has always strived to help our customers focus not just on near-term financial goals, but on the long-term goals as well. On Thursday night we were excited that our superannuation offering, Raiz Invest Super, received the award for best FinTech Superannuation Service/Platform.
While most of us cannot access the seven wonders of the World in the immediate future, we can still access the eighth wonder of the world, compound interest. This is according to Albert Einstein, who said (allegedly) “Compound interest is the 8th wonder of the world. He who understands it, earns it; he who doesn’t, pays it.”
Raiz, in partnership with General Assembly, has been hosting a series of free, online events that will help you plan your financial goals in 2021 coming up!
The six-part series will be led by financial expert commentator Ben Nash and draws on practical experiences to help people build wealth and master a money mindset.
Some optimistic vaccine news from Pfizer has sent markets upwards, with the Pharmaceutical giant reporting that its vaccine trial has a 90% success rate in preventing COVID-19. Markets in the US touched record highs, with the hope of life and commerce perhaps starting to shift back to how it was in 2019.
09-11-2020
George Lucas, Raiz Group CEO
This week Democrat Joe Biden was named president-elect after defeating Republican Donald Trump to become the 46th president of the United States.
Bombarded by percentages all week? It can be enough to make even the financially savvy a little dizzy…
From the RBA lowering the cash rate from 0.25% to the lowest level in Australian history at 0.1%, to the percentage count of the US election results, there is a lot of information to process.
