Getting Started

Welcome to Finance 101, a great place to learn all the basics behind financial education to put you in a position to actively and effectively go after financial independence.

The 10 Best Books on Personal Finance – Wealth-Building Resources

The 10 Best Books on Personal Finance Today I’ll cover what I have found to be the 10 best books on personal finance. Covering saving, investing, real-estate, shares, index funds, money psychology, habits of the wealthy, entrepreneurship, saving, cryptocurrencies and Australian-centric finance, there is… Continue Reading “The 10 Best Books on Personal Finance – Wealth-Building Resources”

Dollar-cost Averaging vs Lump-Sum Investing

A very common question that gets raised in the investing community is whether it is better to invest a large amount of cash in one hit (lump sum investing) or if it is better to evenly distribute your sum over a longer time period… Continue Reading “Dollar-cost Averaging vs Lump-Sum Investing”

How to Build an Emergency Fund

Today I am going to discuss how to build an emergency fund. I’ll cover what they are, why you should have one, how to use one and how to build one. What is an Emergency Fund? An emergency fund as the name suggests is… Continue Reading “How to Build an Emergency Fund”

2 Strategies to Pay Off Your Debt – Snowball v Avalanche

Sometimes debt can feel like quicksand, no matter how hard you try to fight it, you just end up sinking deeper and deeper. You are not alone in this, 74% of Australian households reported debt between 2015-2016. But fear not, because today I’m going… Continue Reading “2 Strategies to Pay Off Your Debt – Snowball v Avalanche”

Should I Continue Saving or Pay Off My Debt?

Today I’m going to answer the age-old question: Should I continue saving or pay off my debt? I’ll go over the actual case study of a friend of mine by weighing up his scenario. I’ll use graphs to illustrate the overall outcome behind making… Continue Reading “Should I Continue Saving or Pay Off My Debt?”

How to Eliminate Your Debt – 2 Proven ways to Get rid of Debt

Debt can often be the shackle and chain that restricts people from reaching their financial freedom. Today I’m going to explain debt and show you two approaches to eliminate your debt. What is Debt? Debt occurs when you borrow money from another person/institution, typically… Continue Reading “How to Eliminate Your Debt – 2 Proven ways to Get rid of Debt”

How to Start Saving Money

Saving money may seem like a simple idea to some, but a 2018 ANZ Health and Wellbeing Survey┬árevealed that 893,000 Australians are struggling to get by, with more than 378,000 Australians having no savings at all. As saving money isn’t covered in the schooling… Continue Reading “How to Start Saving Money”

How to Calculate a Budget – A Basic Guide to Working Out Your Budget

Budgeting is one of the most essential stepping stones on the path to financial independence and yet it’s something a lot of people tend to neglect. Today I’m going to teach you how to calculate a budget to give you the ability to track… Continue Reading “How to Calculate a Budget – A Basic Guide to Working Out Your Budget”