Ep 95. It’s great to save money – but saving alone won’t help you achieve your goals. In this episode of Mind Over Money, Lachy, Archie, and Tim unpack the mindset shift from saving to investing, and why it’s essential for having income throughout your life.
We explore:
- The power of compounding: what $10K per year (just $192 a week) could grow into over 40 years at 8% return
- Why most Aussies don’t really save — they just delay spending
- How cars, homes, groceries and entertainment offer hidden savings that can be redirected into investments
- Why starting early matters — and how small, consistent habits create big results
Free resource: 25 Ways to Save and Invest Money
Play with the investment calculator: waymakerfinance.com.au/calculators/investment
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IMPORTANT: All of our content including this episode is only for education and entertainment purposes only. It is NOT financial advice! Never get financial advice from a podcast! You've been warned. No information on this show takes into account your personal financial situation or goals. Please consider if the advice is appropriate to you and your needs, before acting on the information. We always recommend you seek personal financial advice from a Financial Advisor that’s tailored to your goals and situation
Presented by Waymaker Finance 🇦🇺 & hosted by Lachlan Nicolson, Tim Evans and Archie Franz.
www.waymakerfinance.com.au
🎙 Recorded using Riverside.fm
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