15. What Should I Be Doing With My Money in My 20s, 30s and Beyond?

Episode 15 ⋅ 10th August 2021

What Should I Be Doing With My Money in My 20s, 30s and Beyond?

How do we know what we should be doing money wise, in our various ages and stages of life? Society gives us a guide (by their standards) as to what our life stages should be when, but this isn't always the case. So what can we do to improve our finances in various stages of life? Read out to find out.

Overview:

Society tells us we should be at a certain point in our lives financially, when we're 20, 30 and more. But is it more about the life stage we're at and how we can improve our saving and investing habits as well as overall wellbeing? We say yes.

What's in the episode?

In this episode, Cat and Christine dive into what you can be doing to level up your financial game in your 20s, 30s and beyond. Of course there is a plot twist, in that what you can do at each stage is essentially the same…you don't need to wait until you're at a certain point to be doing specific things with your money.

Specifically, we cover:

It's Money Week this week in NZ and do we have some information for you!
How does your financial wellbeing score compare to that of the average Kiwi? We discuss the top 5 things to think about in your finances at any age
What common traits do those that score themselves as “secure” have in their personal finances
The one most effective behaviour you can implement in order to increase your financial wellbeing
How much you should have in an emergency account, thinking about retirement savings, investing outside of your home, and more!

…And there's lots more goodness in there, so get listening now.

Great resources mentioned on the podcast are: