There are many different ways to save, invest and store money. It all depends on who is giving the advice and what type of risk you wish to take when storing your money. Do you want to have access to your money or will it be okay to have it locked away for a period of time. All of these questions and more are useful to ask when making the commitment to save your money for a goal. I have many such goals to save for at the moment. At this stage, I would like to work towards saving for a car, landscaping my backyard and possibly a holiday. Will you invest your money in shares, Managed Funds, term deposits etc? The latest and most useful method of saving money at the moment if you wish to have access to your money is a ‘High Interest Savings Account’. Fees with these accounts are generally minimal, sometimes nil and you may deposit or withdraw your money as often as you like. Just a friendly tip though is to do your research before you lock your money away.

What I feel people do not realise when saving money is that it does take time, it doesn’t happen overnight but by having commitment you can work towards achieving goals. Decide on a manageable amount that you can reasonably save and put away each pay period and transfer the money to your designated place. Try to leave your money there until you reach your goal.

‘Shoot for the moon. Even if you miss it you will land among the stars.’

— Les Brown

According to Wikipedia, “The Australian Dream or Great Australian Dream is a belief that in Australia, home ownership can lead to a better life and is an expression of success and security.” I believe this is part of living the dream, although there are many other aspects, such as being happy, living life to the fullest, family…….etc.

Living in todays society it is easy to be swept up in materialistic possessions by trying to keep up with the Jones. With the cost of petrol, groceries and other expenses it is becoming harder for everyday individuals to make ends meet, reaching deadlines for these basic neccessities. I am sure everybody has heard the saying ‘Money doesn’t grow on trees’ and during these cautious economic times is almost wishing it did. How can the everyday common individual gain financial independence or make their million? Hopefully, I will one day discover the answer to that question. In the meantime I am busy saving and living frugally, while still trying to enjoy life and live it to the fullest.

Looking forward to this blogging journey and welcome anyone who wishes to join me on this adventure of excitement and discovery. For better or for worse we will learn some lessons along the way.

“Dream as if you’ll live forever, live as if you’ll die today.” (James Dean)