![\"\"](\"https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2021\/10\/ChallengeBlog.png\")
<\/p>\n<\/p>\n
Who among you has ever struggled to put together a consistent saving and investment plan? People often find reasons to put it off, to do it another time. Why not right now?<\/p>\n
<\/p>\n
We want to help you kickstart your investing, so we have a few different challenges that you could choose to do just that!<\/p>\n
<\/p>\n
For one whole month, invest $5 every day. By the end of the month, you could have invested $150 from making small changes. It could funded by a coffee skipped, a muffin, even one short transport ride swapped for a walk on a nice day. You could setup a daily recurring amount of $5 in the Raiz app and see the investments automatically take place each day.<\/p>\n
<\/p>\n
Here\u2019s how it works. On the 1st<\/sup> of the month, you could make a One-Time Investment of $5. Then on the 2nd<\/sup> of the month invest $6, on the 3rd\u00a0 <\/sup>invest $7, and so on.<\/p>\n Doing this could see you investing $585 during a 30 day month, meaning you may really be setup for some spending money \ud83d\ude0e.\u00a0 This is a bit more time intensive and cash intensive than the $5 daily challenge, as it involves you making a One-Time investment each day, but it could be well worth it if you make it to the end of the month.<\/p>\n <\/p>\n Pick four amounts – e.g. $5, $10, $20, $50<\/strong><\/p>\n Each day, invest one of your chosen amounts, making sure that you invest each amount at least once by the end of the month. By the end of a 30 day month, the least you could have invested using this approach is $215, and the most you could have invested is $1,500 \ud83d\udc40<\/p>\n <\/p>\n Because Raiz does not charge brokerage or transaction costs, we think these are a great way to try and develop a routine of frequent investing.\u00a0 You can try these approaches in any month. Chat to your friends and see which one they plan on trying, or come up with your own! We just want to give you the extra motivation to consider prioritising your saving and investing habits now, rather than later \ud83d\ude09 Find what investing philosophy works for you, and stick with it!\u00a0 Discipline to an investing strategy is also one of the keys we believe to successful investing.<\/p>\n To see Raiz Invest fees, click here<\/span><\/a>.<\/p>\n Please read the PDS<\/u><\/a> to decide if Raiz Invest is suitable for you.<\/p>\n <\/p>\n <\/p>\n Download it for free in the App store or the Webapp below:<\/p>\n <\/p>\n <\/figure>\n Important Information<\/em><\/strong><\/p>\n 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\u2019s 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.<\/em><\/p>\n 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.<\/em><\/p>\n 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 \u2013 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 \u2013 again sorry.<\/em><\/p>\n 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\u2019t, 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\u2019t read the PDS, it\u2019s a bit like flying blind. Probably not a good idea.<\/em><\/p>\n 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\u00a0 not even professionals in the financial services sector understand the ordinary risks of investing \u2013 because by their nature many risks are unknown \u2013 but you still need to give it a go and try to understand the risks set out in the PDS.<\/em><\/p>\n 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\u2019t, it is so true.<\/em><\/p>\n 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.<\/em><\/p>\n 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\u2019t promise that the information is accurate, or stays accurate.<\/em><\/p>\n Any opinions or information expressed are subject to change without notice; that\u2019s just the way we roll.<\/em><\/p>\n The bundll and superbundll products are provided by FlexiCards Australia Pty Ltd ABN 31 099 651 877 Australian credit licence number 247415. Bundll, snooze and superbundll are trademarks of Flexirent Capital Pty Ltd, a subsidiary of FlexiGroup Limited. Lots of names, which basically you aren\u2019t allowed to reproduce without their permission and we need to include here.<\/em><\/p>\n Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.<\/em><\/p>\n Home loans are subject to approval from the lending institution and Raiz Home Ownership makes no warranties as to the success of an application until all relevant information has been provided.<\/em><\/p>\n Raiz Home Ownership Pty Ltd (ABN 14 645 876 937), an Australian Credit Representative number 528594 under Australian Credit Licence number 387025. Raiz Home Ownership Pty Ltd is 100% owned by Raiz Invest Australia Limited (ABN 26 604 402 815).<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Who among you has ever struggled to put together a consistent saving and investment plan? People often find reasons to put it off, to do it another time. Why not right now?<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[1],"tags":[],"yst_prominent_words":[3804,3803,3798,3801,3796,3805,3807,3800,3795,3802,3797,117,3808,3806,3799,125,120,3794,3789,3787]}3. Choose your investing adventure<\/h3>\n
Build healthy habits<\/h3>\n
\nDon\u2019t have the Raiz App?<\/h3>\n
![\"download-raiz-app\"](\"https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/08\/download-app.png\")
<\/a>