5 Things About Money I Have Learnt Since High School
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What are the five important money lessons learned since high school?
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Why is self-initiative crucial for financial education?
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Welcome to the Australian Finance Podcast, a podcast for people who want to learn more about their personal finances and get the most from their money. This series is hosted by Kate Campbell from HowToMoney and Owen Raskovich from Rask Finance.
The Australian Finance Podcast is provided for educational purposes only. The information is general in nature and does not take into account your needs, goals or objectives. What that means is the information does not apply to you specifically. So consider getting the advice of a licensed and trusted professional before acting on the information. Kate, welcome back to the Australian Finance Podcast. Thanks, Owen. And good to be back for our What, second or third episode for 2020? Second episode together for 2020. And we have some absolute gold for listeners today because you're going to share some of your secrets.
Yeah, so I've been in a very reflective, I think both Owen and I have been very reflective mood for the last few episodes and just sort of looking back over the last few years of what we've actually learnt about money and personal finance and especially doing the podcast last year did force us to revisit a lot of the basic concepts that may have changed somewhat since we started learning about personal finances and it's really good to revisit. Like I learnt so much from putting money podcast together last year and I'm pretty sure Owen did too.
What should you avoid when it comes to financial schemes?
Sorry, you've got your other podcast as well, right? Like How To Money. So you're interviewing people there.
Yeah. And interviewing people, you learn a wealth of knowledge from each person and so many different topics. So I think, yeah, running the podcast has been an amazing way to brush up on our basics of personal finance and learn a lot of things that we might not have learned any other way. So in this episode, I wanted to talk about five things that I've learned about money since high school. So about five years ago now, so not too many years, but I have been working full-time since then and I've done a degree online during that time. So I have sort of got sort of went face first into the workforce and had to figure things out and maybe work some things out the hard way and there's a few things that maybe I wish I'd known straight out of school but I guess they were lessons I've learned but some of them were more expensive lessons so if you can avoid some of those lessons I definitely would recommend.
Yeah, I mean, some people learn from their own mistakes, but it's probably easier to learn from the mistakes of others as well as the triumphs of others. So I'm really keen to get stuck into these, learn some of the five things because distilling it down from so many things that you've learned to just five things is really valuable for listeners because it's like, this is what you can walk away from this episode with.
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Chapters
8 chapters
1
What are the five important money lessons learned since high school?
0:00–0:57
2
Why is self-initiative crucial for financial education?
0:57–2:52
3
What should you avoid when it comes to financial schemes?
2:52–6:19
4
How can discussing salaries with friends and family benefit you?
6:19–7:56
5
Why is it important to start investing early and small?
7:56–9:37
6
What mindset should you adopt when saving your first paycheck?
9:37–11:28
7
How can you build a financial safety net through savings?
11:28–12:53
8
What resources can help improve your financial knowledge?
12:53–26:33
Speakers
2 identifiedMore from Australian Finance Podcast
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