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Financial wellbeing

Are you investing in your future?


Dee O'Callaghan, Financial Coach - Financial Wellbeing Collective

09 Feb 2023 • 3 mins
man on phone

 

There are many ways to make positive steps towards building your wealth for future you. Being considerate about your actions may help you make better informed decisions.

Balancing the scales

If you decide to invest some of your income in shares, it’s important to consider what level of risk you are comfortable with and what your goals are. You can then choose companies to invest in that you feel best fit your goals.

Visit Moneysmart for more information on investing

When investing in your future, it’s also important to consider your super. Determining what Super fund best suits your needs can have a great impact on your retirement plan. 

Smart decision making

It can be easy to get caught up in the excitement of growing your money through investing. Try not to rush into decisions and thoroughly research who you are investing in.

Create a safety net

Unexpected events happen in life, having an emergency fund can help you through these times. A $2,000 emergency fund is recommended, but if you can afford more it doesn’t hurt to have that little extra.

Want to strengthen your money management skills?

Did you know, Keystart also offers a free financial coaching program with the Financial Counselling Network? Eligible customers can access free one-on-one coaching sessions to help improve your money management skills.

Financial coaching service with Keystart

Keystart recommends that you seek your own independent financial advice prior to making any decisions about your financial needs. Any examples given in this post are provided for illustrative purposes only.