Money Tools & Resources I Use
What I use on a regular basis to manage my money and investing.
If you would like to know about what I invest in, then have a look at my portfolio page.
Some links here may be affiliate links – meaning I could get a commission should you buy through them with no additional cost to you.
If you have some leftover money every month and are looking to grow it these tools can all help.
Probably the hottest investing app at the moment.
Put your money into a managed fund that is "where the world is going". Full of tech stocks and up and comers, this app is easy to use, full of helpful content and performs well.
Receive an extra $5 when you add $5 to your new account, use the code S8ADTAZTF5 after signing up
The original all in one investing app.
Use it to collect spare change or to build a fully capable investment portfolio.
There are different options depending on your risk tolerance, but it’s so simple you can set and forget.
If you are looking to make larger, irregular investments or need some trading flexibility then a broker account like Selfwealth would be the go.
I use SelfWealth to invest in the ASX via ETFs or direct stock selections.
SelfWealth charge $9.50 per trade, so if your invest $1000, that is a .95% trading cost.
Budgeting tools & calculators
For when I want to do some maths. Like how much more I'll take home when my salary changes or what happens when I save more or which ETF is best for my needs.
Make sure you see my guide on budgeting which these tools all complement.
Input income and expenses, irrespective of if they are weekly monthly or yearly and it'll work out your end of month surplus or defecit. You can download as a spreadsheet to save and reference then at anytime.
You put in a starting amount, a recurring investment (if any), a rate of return and time frame. It’ll then tell you the total savings you accumulated over that time.
You can see the difference an extra $50 a month saved makes over 10 years or a change in % of return.
Get an idea of what your take home pay will be after tax.
You can work out what that new job or pay increase will actually mean to your back pocket.
You can also adjust your super, tweak your hours worked should a number of different scenarios be required.
Banking is one area I find people either totally neglect or try and optimise every single week. Spend time setting it up, keep it simple and automate.
Read more on how I manage my family finances.
Aa great app, good savings rates and fast transfer turnarounds. ING has one unique feature I love - You get ATM fees reimbursed straight away from ANY atm in Australia.
No matter if it costs $2 or $25, you get your money back straight away. No other bank does this (some reimburse you at the end of the month).
I refinanced from ANZ to loans.com.au a few years ago. The process was all online and over the phone, simple and hassle free.
I got a good rate, which is all that matters. There might be others that have interest rates .01% of .02% better, but I am happy to stay with a competitive business.
Your best money tool is knowledge.You are lucky cause there are so many books out there on personal finance and investing .
I have a handful picked that I'd like to share. These are all fantastic reference guides that I keep on my bedside table for easy reach.
Blogs & Forums
I like to read up on finance through one way or another. Either on social media, forums, news sites or blogs. I get a better perspective learning from how others think about money.
Obviously you would have read all my articles before needing to visit any other site.
I love reading the different stories that get posted here. Most of it I take with a grain of salt but there are some great posts on investing, asset allocation, super and what not to do.
A quick way to find articles users share on local finance news. Whether it be property or stock market, or how to construct a portfolio – it’s another good place to hear stories.