The Happy Saver Podcast - Personal Finance in New Zealand cover image

80. Young, Bright, and Financially Wise

The Happy Saver Podcast - Personal Finance in New Zealand

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How Sam Structured His Money

Sam has many bank accounts or sinking funds that he uses for different purposes. Each account currently has a zero balance, but it is there to build up when needed. Even at 16 he could easily have an unplanned $1,500 expense such as a laptop breaking. Sam's said that he has found it fascinating watching the volatility of Tesla in particular. This is where he is learning when to buy, hold and sell as an individual investor.

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