Hilda knows with the amount she’s earning- she should be saving more. But money is something she hates dealing with. Normally, she lacks the motivation to do anything about it. But with a recent pay cut, it’s clear things need to change.
So- she joins us on our series; Boost my Budget to get help building a low touch budget that will have her spending less, saving more and even- starting to invest.
Your saving rate has the biggest impact on building your wealth. If you’re someone who’s been burying their head in the sand or coasting by, knowing you could be making your money work better- good news. It doesn’t have to be hard or scary. In this episode we cover ways everyone can improve their savings rate.
Timestamps:
00:00:00 – Why Money Feels Hard To Face
00:01:34 – What Hilda Wants To Change
00:03:19 – Her Current System
00:05:37 – What Her Spending Says About Her
00:07:32 – The Surprises In Her Cashflow
00:09:26 – Where Her Food Budget Goes
00:10:52 – The Savings Gap She Didn’t See
00:12:42 – Is The Credit Card Helping?
00:14:13 – A System To Make Money Easier
00:16:28 – The Budget That Actually Works
00:18:49 – How To Make Savings Grow
00:20:40 – A Simple Way To Start Investing
00:22:07 – What To Do From Here
Links Referenced:
💸 Want your Budget Boosted next? Apply here
💲 PocketSmith is offering Equity Mates listeners 50% off the first 2 months of a Foundation Plan. To try PocketSmith for yourself head to pocketsmith.com/equitymates
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In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
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Dec 1 202521 min