Grow your wealth by starting small

Written by Kodie Axelsen

We all have goals and dreams that we want to achieve.

Going on holidays every year, building an investment property portfolio, getting that Harley or that Land Cruiser we’ve always wanted.

These are things that leave us with that feeling of achievement. Don’t get me wrong, money doesn’t buy happiness, but it does contribute towards the ability to do the things you want to do.

Have you ever budgeted or set a money goal you’ve wanted to achieve? If not, it’s never too late to start.

The later you start, the later your goal will come to fruition.

If you had of started saving $100 a week 12 months ago, you would have $5,200 towards your goal as of today. Every bit counts and you’re not getting any younger, so start ticking off your bucket list now!

There are small ways to invest your money without having to input large amounts to begin.

A great way I have found to save small amounts of money and still be in the game is through a RAIZ account.

If you spend $4.50 on a coffee it will round up the cost and deduct 50 cents into your savings account and it will invest it in a portfolio structure of your choice.

You can also transfer money consistently or transfer a large balance. This is a great way to get a higher return on your money than your everyday savings account.

You can even set a goal and it will track how long it will take you to get there based on your savings pattern.

I love little tricks like this that help you achieve your dreams and goals.

They can sometimes seem too far away or too unachievable but if you just start then who knows where you will end up.

After all, they call it a bucket list as you have your whole life to achieve it.

Good luck with your savings and remember that this money is for bigger and better things. Good things take hustle, great things take time!