Canna Campbell

Superannuation is definitely, for a lot of Australians, going to be a really viable strategy.

You know, obviously it's concessionally taxed, which is huge because it obviously then helps remove the eroding effects of tax.

And obviously you've got to think about how you're going to do that.

Is that $100 per week going to go through salary sacrificing?

Because sometimes that actually can be a really easy way of doing it because it takes away that tax.

self-control or discipline because it's done obviously by hr your payroll team and you're obviously letting more money go into superannuation that's already got you know some money i would hope in super so it's obviously going to have a bigger impact on the long-term compounding effect yeah so yes super is important it's i don't imagine too much regret would come with it as long as you take into consideration the accessibility issue yeah

You know, if you were 20 and you said, I'm going to put $100 per week, I'd say, well, hang on, just think that through as to whether that's right for you.

And for some people, that is the perfect strategy.

And it's about understanding your values and your goals, of course, here.

But, you know, you do need to keep that in mind.

And sometimes if we're talking about $100 here, perhaps there's a balance.

You know, it's $100 investing, $100 into super.

Yes, to answer your question.

So, all right, this is where micro-investing does come because it's a great place to get started because you can start investing with small amounts of money like $10.

However, as I like to say with micro-investing, it's a great starting point, but it's not the finish line.

I would prefer for someone, and I'm going to get a little bit – I don't mean to be arrogant, but I'm coming from a place of –

love and care for someone to actually stretch themselves in a healthy, joyful way where they actually see a meaningful improvement and uplift in their financial well-being.

But ideally, investing in parcels of shares rather than going through micro-investing and investing, for example, in parcels of, say, $500 or $1,000.

Yep.

And I will admit, yes, of course, I'm slowing people's momentum down because they're not investing $100 per week.