Invest In Yourself, HECS and Side Hustles
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What does it mean to invest in yourself?
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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 Rascovitch 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.
Why is investing in yourself important for career growth?
So consider getting the advice of a licensed and trusted professional before acting on the information. Hi, Owen, and welcome back to the Australian Finance Podcast. Thanks for having me, Kate. What are we talking about today? Today we're talking about something that's really important and doesn't have to necessarily mean a lot of money, investing in yourself. Oh, okay. This sounds interesting. Yes. Investing in yourself. So is this like take $1 out of your pocket, put it in your other pocket or a little bit different? A little bit different. It might mean taking an hour out of your day to actually learn something or read something that's going to grow your skill set. It doesn't have to be a financial transaction.
It can just be a time transaction. So you're actually paying yourself with time. Cool. So like you're saying, listen to this podcast at least once a week. Yes. Well, this is a form of investing in yourself. Yes, it is indeed.
What are effective ways to invest in yourself without spending a lot?
I like it. I think podcasts are a great way to learn. And we both love using podcasts to learn and that's a free way to invest in yourself. There's plenty of great podcasts out there. Okay, so let's just back it up a bit. What is investing in yourself and how does it work? Why would someone consider doing it? I think often we leave school, we leave uni with a set skill set and they've given us some skills, but they haven't given us everything. We've got a few tools in our toolbox. That seems kind of lame, but you've got to actually develop more skills and then actually improve. turn the current skills you have into more valuable skills. So if you want to progress throughout your career, you're going to be learning things on the job, but to actually progress faster, to get that next pay rise, to change career directions, you're actually going to have to put in some work on the side, whether that be an hour a day or doing a course or something like that to keep upskilling yourself and becoming a more valuable employee and being able to do more things.
Yeah, I think that's a really good way to frame it like in terms of a career progression. There's table stakes or like things if you want to become, you know, when you get into a certain role in a certain industry, there's requirements.
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Chapters
8 chapters
1
What does it mean to invest in yourself?
0:00–1:56
2
Why is investing in yourself important for career growth?
1:56–2:52
3
What are effective ways to invest in yourself without spending a lot?
2:52–4:28
4
How can online resources aid in personal development?
4:28–6:41
5
What are HECS and HELP loans, and how do they work?
6:41–8:50
6
When do you start repaying your student loans?
8:50–11:29
7
Should you prioritize paying off your HECS debt?
11:29–12:58
8
Are robots going to take my job in the future?
12:58–31:57
Speakers
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