What financial tips might your future self give you? - Raiz Invest

Imagine having the benefit of hindsight when making financial decisions. These little decisions can have big impacts down the track.

What tips might your future self give you when it comes to your investing?


Compounding counts, so start early

Did you know that if you earn a rate of 5% p.a. after fees, your investment could double every 14 years? That means if you are regularly investing over several decades, the compounding effect can really have a big impact on your investment balance in the future.  Every year counts, so the earlier you start, the longer you can take advantage of the power of compounding.


Set Goals

How much easier is it get to your destination if you have mapped out the path to get there? It all starts with setting goals. If you set a financial goal, like buying a car, or saving for a house deposit, you can work out how much you could save and invest each week to help get you there! Set a goal, plan, and consider how using automatic recurring investments could help you reach your goals.


Having enough money in retirement starts with choices made today

Making voluntary contributions to your super through Raiz Rewards and Recurring Investments may be tax-deductible and could help grow your balance over several decades. If you are doing your daily shop and getting Raiz Rewards invested directly into your super, this could add up over time.  Please check with your tax advisor if these deductions may apply to you.


Avoid multiple fees by consolidating your super and shop around

Imagine if you had more than one super account for years? You may end up paying hundreds of dollars a year if you didn’t consolidate, as some super accounts have fixed fees or you could be paying twice for life insurance.

For information on Raiz Invest Super fees, click here.

To view Raiz Invest Super PDS, click here.


Your future self will thank you

Taking any of the above steps and recognising the importance of compounding on your investments will put you on the front foot when it comes to improving your financial health, allowing future you to enjoy yourself 😊.



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If you have read all or any part of our email, website, or communication then you need to know that this is factual information and general advice only. This means it does not consider any person’s particular financial objectives, financial situation, or financial needs. If you are an investor, you should consult a licensed adviser before acting on any information to fully understand the benefits and risk associated with the product. This is your call but that is what you should do.

You may be surprised to learn that RAIZ Invest Australia Limited (ABN 26 604 402 815) (Raiz), an authorised representative AFSL 434776 prepared this information.

We are not allowed, and have not prepared this information to offer financial product advice or a recommendation in relation to any investments or securities. If we did give you personal advice, which we did not, then the use of the Raiz App would be a lot more expensive than the current pricing – sorry but true. You therefore should not rely on this information to make investment decisions, because it was not about you for once, and unfortunately, we cannot advise you on who or what you can rely on – again sorry.

A Product Disclosure Statement (PDS) for Raiz Invest and/or Raiz Invest Super is available on the Raiz Invest website and App. A person must read and consider the PDS before deciding whether, or not, to acquire and/or continue to hold interests in the financial product. We know and ASIC research shows that you probably won’t, but we want you to, and we encourage you to read the PDS so you know exactly what the product does, its risks and costs. If you don’t read the PDS, it’s a bit like flying blind. Probably not a good idea.

The risks and fees for investing are fully set out in the PDS and include the risks that would ordinarily apply to investing. You should note, as illustrated by the global financial crisis of 2008, that sometimes  not even professionals in the financial services sector understand the ordinary risks of investing – because by their nature many risks are unknown – but you still need to give it a go and try to understand the risks set out in the PDS.

Any returns shown or implied are not forecasts and are not reliable guides or predictors of future performance. Those of you who cannot afford financial advice may be considering ignoring this statement, but please don’t, it is so true.

Under no circumstance 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.

This information may be based on assumptions or market conditions which change without notice and have not been independently verified. Basically, this says nothing stays the same for long in financial markets (or even in life for that matter) and we are sorry. We try, but we can’t promise that the information is accurate, or stays accurate.

Any opinions or information expressed are subject to change without notice; that’s just the way we roll.

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