This is general advice, based on my lack of financial knowledge, growing up.
Having multiple sources of income gives you a buffer zone, in case something happens.
We should all take note of the events of the past couple of years.
My advice: Each pay period, arrange for 5% to be set aside for your Superannuation/Pension/Retirement.
Deposit a further 5% into a designated Online Savings account.
Save more $$$$$, by making all your meals, if time permits, cook/make and portion everything over the weekend, then freeze. That way you take it out and leave it somewhere safe to thaw.
You can save more $$$$$$$$, by not buying a hot beverage to drink during your commute.
The best hot beverage and food:
What we make ourselves.
I would also limit purchase of clothing and unneccessary items, wait until the sales, then buy.
Had I been given this information when I was under 25, my life would have been much different.
A suggestion: seek an income opportunity which can be used to save the funds.
I know that MCC is currently not operating, but in less than 2 years, I envisage a busy, $$$$$$$ fulfilling business.
Everyone who invests now, may end up gloating to those who don’t.
Please don’t have the same regrets I’ve had.
Life is an Amazing,
Opportunistic
Journey.
Self-Employment has many benefits. Please check out the below link.
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.ato.gov.au/business/income-and-deductions-for-business/deductions/deductions-for-home-based-business-expenses/&ved=2ahUKEwiFq_rvppbwAhUG3jgGHWCWAJ8QFnoECAUQAg&usg=AOvVaw1ClqKJZp-vSdTqWHTHD0hI
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I'm a Transfemale, whose life has not been great, lied to about various things.
I've also been lied about, which is very unfair.
Hatched in Sydney, New South Wales, Australia.
Knew at 4, in 1970, that I was a gurl, but unable to do anything about it.
Used & abused by others, including being molested from 6-14 by a relative, viciously assaulted, and left to die at 16, I was left infertile, & little interest in anything remotely physical.
Wanted to be a Journalist, but because of assault, unable to continue my schooling.
Because of molestation and assault, I have major trust issues.
To keep the peace & make my father happy, did what he wanted, except join Defence Forces, Guns Scare ME.
I have written & Self-Published 11 eBooks, Link below.
I moved to Melbourne Australia February 2015, which has been good.
Have since left there.
My 2022 goal is to raise enough funds to finally Establish MCC.
I plan to employ Humans & Train them in Transferrable Skills.
I also plan to employ humans suffering from illness & disease, so they have flexibility for appointments.
MCC will observe COVID safe practices long after they have been discontinued by others.
All Team Members will be required to wear PPE when in the Production area.
Shares are $5 AUD each. The reason why they are low, is to allow all everyday winners the chance to share the wealth and help create MCC.
Shareholders will share 80% of Annual After Tax profit, paid early November each year, hopefully starting late 2023.
Multiple Incomes are the way of the future.
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