The most downloaded episodes of 2023 

It’s our last email for 2023, so we thought we’d take a look at the episodes you downloaded and loved this year. Didn’t see your choice on the list? Then hit reply and tell us what episode you loved the most.

Where should I start with my money?
This episode we really learned that you need to start small and focus on building good habits. Don’t overhaul all your finances all at once.
Our top tip: Begin by tracking your expenses and creating a very simple budget that allocates your income towards needs, wants, and savings. Then, over time you can refine your approach and build sustainable financial habits.

7 steps to supercharge your Superannuation
Superannuation is a powerful tool for building wealth, but it requires active management. The 7 steps outlined in the episode provide a roadmap for optimising your super.
Our top tip: Consolidate your superannuation accounts. Having multiple super accounts can lead to high fees and reduced returns. If you haven’t done that already, maybe you can add it to your list of resolutions.

3 money mistakes to avoid
In this episode we go through the most common money mistakes we and our community have made.
Our top tip: Be careful about increasing your spending as your income rises, this just leads to a stagnant financial situation. Try to set aside a portion of their income towards savings or investments, regardless of income fluctuations. By actively combatting lifestyle creep, you can achieve financial stability and progress towards your financial goals.

Should I invest my emergency fund?
In this episode we go over why you need one, how much you should be spending, and now you’ve saved it, what you should do with that cash.
Our top tip: Emergency fund first, investments later. Secure your foundation before building your financial tower.

Automate your investments & get on with 2023
Ok, well 2023 might be almost over, but it's never too late to get out of your own way. This conversation we went over how you can set your finances on autopilot. Automate regular contributions to savings and investments, ensuring steady progress towards your goals without the hassle (and risking the forgetfulness) of manual transfers.
Our top tip: Divide your income into specific buckets for expenses, savings, and investments. Out of sight, out of mind!

4 ideas for a thrifty silly season

We’re on the eve of a couple of very expensive weeks. Whether it’s presents or taxis or feasts or drinks, the spend can just add up over this period. It’s a bit late to be putting coins away, but short of investing the time machine, here are four last minute ideas for a cheaper solution this holiday season!

1. Potluck Feast
   Hosting over the next few weeks? Avoid the expensive cooking marathon and invite everyone to contribute a dish for a potluck extravaganza. You can still provide the seafood, turkey or drinks, but you’ll also share the workload and costs, and get some new recipe ideas.
   

2. Decorate DIY
   Don’t buy plastic ornaments you’re going to throw away. Get creative with natural materials like branches, and cuttings to craft beautiful centrepieces for the table. Fill empty jam jars with candles, or decorate mason jars with festive paint and fairy lights. As well as making the table a bit more festive this silly season, some easy crafting is also a really great bonding activity for family and friends who might need a laugh.
   

3. Hit Local Thrift Stores: Unearth hidden gems at thrift stores and op-shops. You might find vintage ornaments, gently used decorations, or even some special gifts with character. If you’re heading away, you can pick up some books, and boardgames for entertainment. Or if you’re doing a humorous Secret Santa, you can find some amazing treasures for a fraction of the price.
   

4. Last-Minute Deals: Look for online flash sales and clearance sections in local stores. Some retailers offer free shipping or express delivery options for desperate last-minute shoppers. No judgement from us, if that’s what you are. It’s worth leaving yourself open to the surprise at what you can find if you're willing to do a little digging.

And that’s our last email for 2023. We’ll be back in your inboxes at the beginning of January, helping you see in the new year with a six part series on the ways you can explore FIRE - Financial Independence, Retire Early. As always, get in touch with us via [email protected].

Til next year!

Equity Mates team.