Kate Campbell

So, I think Tash actually put this example together in our- That's Tash Invests.

Tash Invests.

In our- Rask Road Trip.

Free courses.

Psychology of Money?

Yes.

So this was breaking down the goal of buying your first property.

Yep.

And a lot of Australians do have this goal.

And so this, in this example, it kind of fell into the longer term goal, but still keeping the money in cash.

Yep.

And so wanting to buy a house, wanting $50,000 for the deposit and planning to buy in five years time.

Yeah.

And so she even broke it down to about $192 a week.

So suddenly it's taken the goal of $50,000, which is- Pie in the sky.

Huge number.

And in this example, we're starting from zero and broken it down to $192 a week, which is still a meaningful amount, but it's a lot smaller and more bite-sized and tangible because you can see $192 a week.

Most of us have had that money in our bank account at some point, but compared to $50,000, a lot more achievable.

Yeah.

And so then you're having to go, all right, is $192 a week in money that I can put into a high interest savings account for this house deposit achievable right now?