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by SYMO interactive
gen z money

investing series: the basics of investing


Associate advisor 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
🛑 This podcast is for education and entertainment purposes. It is not intended as a substitute for professional financial, tax or legal advice. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement and obtain appropriate financial advice tailored to your needs. We may discuss products, services and answer listener questions on this video for entertainment & illustration purposes only. We may change the name of the questioner for anonymity. It is impossible to give you personal advice on an entertainment podcast as we do not know the details of your personal financial situation. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies that may be communicated in this podcast. SYMO interactive Pty Ltd, the publisher of the podcast, is an authorised representative of MoneySherpa Pty Ltd which holds financial services licence 451289. Please read our Financial Services Guide located at sortyourmoneyout.com. This podcast is intended for residents of Australia.
We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast.


Episode 13

Season 3

by SYMO interactive