investing series: the basics of investing

Associate adviser from Melbourne, Nick McGuire, joins Azaria to host a new series on investing for beginners! In this first episode, they touch on:

👉what inflation means and why it's important in relation to savings and investments

👉🏿how compound interest grows your money over time

👉🏻investing vs gambling... what's the difference?

👉🏽passive and active investing strategies

👉🏿different types of investments

👉where to learn more about investing

The Australian Govt's Moneysmart website has a finance glossary where you can look up money jargon: https://moneysmart.gov.au/glossary plus find heaps of helpful investing resources.

Find the Moneysmart compound interest calculator here: https://moneysmart.gov.au/budgeting/compound-interest-calculator

Thanks to Up Bank for supporting gen z money! Sign up with them and get $5 in your new account: https://link.up.com.au/GENZMONEY. Product & offer T&Cs @ up.com.au/terms. Up accounts issuer Bendigo & Adelaide Bank.

Need a way to manage your cash? Check out Glen’s online course using the link below - get $20 off when you use the code “genz”:

For podcast resources, links to our stuff, disclaimers & warnings about this episode + more... check out: https://www.sortyourmoneyout.com/genz-shownotes

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