In this episode of the Mo Money podcast, we talk about how the average Aussie can double their savings rate. So, we get into some of the stats around how much we're saving at the moment, and what that actually means, and then get into where you can actually squeeze more money out of your budget out of the income that you've already got in place.
There's no one right way with this stuff, but there is one approach that can work particularly with the current cost of living crisis, inflation crisis and interest rate crisis. This stuff's always important, but there's never been more important time to get the most out of what you've already got in place. This episode is perfect for anyone that wants to save more and get ahead faster.
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Note: The advice shared on this podcast is general in nature and does not consider your individual circumstances. The podcast exists purely for educational purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, and TMD and obtain appropriate financial advice tailored towards your needs. Ben Nash and Pivot Wealth are authorised representatives of Fish Tacos Pty Ltd, ABN 14 649 248 082, AFSL 533055