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How to find an extra $12,000 this year, and other tips from a personal finance pro
Taking a 50% pay cut doesn’t sound like a great financial strategy, but for Effie Zahos, author, speaker, board member and all-round finance professional, the risk she took 20 years ago has certainly paid off. From editing Money magazine to the Financial Literacy Foundation board, she’s learned a lot, and taught many.
In this broad-ranging discussion, Effie shares:
- Her four key tips for getting your finances right
- Why she avoided one of the last decade’s hot stocks
- The key behavioural traits holding us back, and what to read to understand yours, and
- Where to find an extra $12,000 this year by reviewing your finances.
You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth
If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.