Welcome back to another episode of the 360 Money Matters Podcast!
In this episode, the topic is born out of a question that was asked by one of our listeners. A listener had reached out and wanted to know what they could do early in their wealth journey to set themselves up financially.
It can sometimes feel like you need to be earning a lot of money or already have a lot of money before you start thinking about finances. However the fact of the matter is that the earlier you start the better off you will be. So in this episode we will arm you with the tools and steps that anyone can take to prepare themselves for financial freedom.
Ready to kickstart your wealth journey and achieve financial freedom? Join us in this episode as we dive into the topic of getting started early and setting clear goals.
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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706
Episode Highlights
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Spend less than you earn and invest the surplus
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Maximize that surplus
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Cash flow management system
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Set your goals
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Building up your understanding of investing, financial markets and money management
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Compound interest
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Some of the types of investments to consider
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Having a risk mitigation strategy
