Why Saving Isn’t Enough: Start Investing to Buy Your Freedom

17/07/2025 37 min Temporada 4 Episodio 95
Why Saving Isn’t Enough: Start Investing to Buy Your Freedom

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Episode Synopsis

Ep 95. It’s great to save money – but saving alone won’t help you achieve your goals. In this episode of Mind Over Money, Lachy, Archie, and Tim unpack the mindset shift from saving to investing, and why it’s essential for having income throughout your life. We explore:The power of compounding: what $10K per year (just $192 a week) could grow into over 40 years at 8% returnWhy most Aussies don’t really save — they just delay spendingHow cars, homes, groceries and entertainment offer hidden savings that can be redirected into investmentsWhy starting early matters — and how small, consistent habits create big resultsFree resource: 25 Ways to Save and Invest MoneyPlay with the investment calculator: waymakerfinance.com.au/calculators/investment❤️  Love the show? Please Subscribe! Leave a rating or review!💬 Give us feedback / submit your questions for our upcoming Q&A episode: waymakerfinance.com.au/podcast/feedback  or email podcast[@]waymakerfinance.com.auTalk to a Waymaker Financial Coach or Mortgage Broker (It's free to chat!):  waymakerfinance.com.au👉 Follow us on Instagram: @waymakerfinanceIMPORTANT: All of our content including this episode is only for education and entertainment purposes only. It is NOT financial advice! Never get financial advice from a podcast! You've been warned. No information on this show takes into account your personal financial situation or goals. Please consider if the advice is appropriate to you and your needs, before acting on the information. We always recommend you seek personal financial advice from a Financial Advisor that’s tailored to your goals and situationPresented by Waymaker Finance 🇦🇺  & hosted by Lachlan Nicolson, Tim Evans and Archie Franz.www.waymakerfinance.com.au🎙 Recorded using Riverside.fm