Saturday, 25 July 2015

Let's Talk Money

It's the kind of thing we don't like talking about but all know we have to face the music at some point in our lives...and no I'm not talking about that overdue dentist appointment, I'm talking about our finances and becoming financially independent.
Knowing your money and having the tools to save for a rainy day is important and the longer you put it off, the harder it gets. Setting attainable goals by a certain date is a non-confronting way to start getting on top of your finances.
There are so many resources out there to help you with a multitude of nifty topics. Some examples are, getting out of nasty credit card debt, how to set a budget and how to slow down or stop your shopping habit. I want to share some with you that really helped me with sorting out my finances.
I came across Canna Campbell's Youtube channel a couple of weeks ago and I've already watched every single one of her videos. Financial adviser and founder of SASS Financial, Canna is a power woman, teaching others to become financially independent. Her videos are relatable, everyday situations - I really encourage you to check out her channel.

2. www.moneysmart.gov.au
This website has a lot of information- kind of a one stop shop. Once you start searching you'll find there are a lot of helpful topics to manage your day today finances. There's also  quite a bit of information on borrowing, investing and scams.

3. Track My Goals
This application is actually part of the Money Smart website and has been created my ASIC. It's user friendly and motivating for tracking my savings goals, shows you where you're at and how much to go in order to reach your goal.

4. ASX Online Courses
If you're interested in investing or just want to learn what it's all about, the Australian Securities Exchange is the place to go. There have quite a few different short courses that are helpful for a base knowledge of certain topics such as investing in shares.

These are just a few examples but there are many out there - even searching on You Tube is a great resource, especially for those who learn visually.
I hope this encourages you all to take control of your finances and at least gives you an idea of resources you can tap into for some key information.