All in Money Education
Olivia spent the school holidays working hard and she has found herself with that wonderful problem, too much cash sitting in the bank. In this blog post, I detail a strategy to show her how to make her hard earned money work for her and create a strong financial future for herself.
I met Ronnie when she reached out to me via email and we struck up a conversation. In this guest blog post, she shares how having a budget has helped to get her finances under control.
Many people have requested a look at the spreadsheet that I use, so I have finally created one to share with you and from this you can go ahead and create your own.
In November 2016 I wrote about student debt and in that blog I spoke to a young woman who was about to begin a two and a half year course at a tertiary institution. Almost one year on I caught up with her for an update. She had just had a night on the turps so I fed her a high sugar, high fat breakfast as we spoke. Ok, so that part of being 18 still has not changed.
Welcome to my shortest blog post ever! I have written a succinct list, using as few words as possible, that encapsulates the rules I live by in one way or another every single day.
Last week I wrote about how I had moved my daughter's investment from an ANZ Managed Fund to SmartShares. I was pretty happy with my decision. After I had made the switch I received a number of comments from my super clever subscribers and they said I had made a bit of an ERROR in going with SmartShares instead of SuperLife for my daughter.
The one thing that is missing on the busy school calendar is of course learning about money management. For sure they learn how to add, subtract, multiply and divide but they don’t learn how to budget, live within their means, save and invest. Where are the kids going to learn about this stuff then?
So, it’s a different kind of blog for me this week. I still got up bright and early each morning and instead of researching things I wanted to write about I fell down the rabbit hole of the internet instead. And what exactly did I get out of a week of Google searches? Education.
I had a conversation this week with my sister, who had a dilemma. Her 15 year old son, my nephew, has been pushing for the latest iPhone. Its an essential tool of the trade when you are a teenager and he is in desperate need of an update apparently.
