Over the last three months we’ve been collaborating with Raiz Invest and General Assembly to bring you the six part, ‘How to Money’ series.
I created this series to help give practical, no BS tips on how you can get better money results. But, I get that it’s challenging to make time to watch along with six events.
So, I’ve put together a short summary of my top tip from each session and how to action it below. If you want help turning these ideas into action, check out our 45 minute one-on-one sessions here.
Event 1: How to get on top of your budget in 2021
Top tip – Saving money without a good system that keeps you motivated and clear on the results you should be expecting and when you should expect them is challenging. You need a good framework that leverages your psychology to your advantage, not sets it up to work against you. Check out the framework we use and the rest of the session here.
Event 2: How to build a second income investing in 2021
Top tip – Investing is important if you don’t want to work forever, but unless you understand investing it’s easy to end up paralysed by the fear of making the wrong investment move. If this happens you end up in the inaction trap and missing out on the opportunity to get better results. Deep dive into investing and investment strategy here.
Event 3: How to buy property the smart way in 2021
Top tip – Off the back of COVID there is a HEAP of opportunity in the property market, but it’s important to have solid risk management in place. In the session I step through how we help people plan a solid property strategy so you know your bases are covered and you won’t get caught short. Full session recording here.
Event 4: How to be smarter with tax in 2021
Top tip – In Australia we pay a HEAP of tax, and minimizing your annual donation to the ATO means more money for investing, growing your assets, and will get you closer to financial security. One of the big things you can do to get better tax outcomes is to be smart with tax when you invest. I cover the key ways you can save tax when you invest in the recording here.
Event 5: How to avoid money mistakes in 2021
Top tip – The fear of making a mistake is something that stops many from taking action. And fear is important, because it stops us from doing something dumb and losing a bunch of money. But you have to do something or you’ll always be stuck in the inaction trap. In this session I cover the most common money mistakes and how you can avoid them.
Event 6: How to master your money mindset in 2021
Top tip – Our thinking and psychology often push us to make choices that aren’t really the best ones, but if you don’t understand how your psychology impacts it’s hard to know what to do to make it easier to get the results you’re looking for. In this session I cover how money mindset drives your money decision making and some hacks you can use to make your life easier. Recording of the session here.
I hope these tips have helped set you up for success with your money in 2021. But I know that often going it alone can be confusing and slow going. The first step is always the hardest, but once you get moving you start building momentum you can leverage to create even better results.
To help make your first step an easy one, we’re running 45 minute, one-on-one Money Breakthrough sessions. In the sessions we help you get clear on the money opportunities for you and how you can leverage them, and the best next steps you can take to drive results. We’re donating 100% of the money raised to charity, so you can up your money game and do something good on the planet at the same time [link to book here]. If you’re not sure if these session are right for you, book a quick phone call with us here.
Hope you found this series helpful, and as always any suggestions for future content just hit me up by replying here.