What the heck is it and is it a good alternative to the more 'traditional' Aussie ideal of buying a home and living in it? Join us as we chat the pros and cons of this relatively new phenomenon and discuss why rent-vesting could be the ideal investment for you.
This week's show was proudly supported by the stellar team at Up - the digital bank that makes the balance between spending and saving a breeze. OUR FAVE BITS OF UP? So glad you asked! Up has lots of amazing features to make our financial lives less stressful, including multiple personalised savings accounts (all of which you can earn a great interest rate on!!), a round up feature, the ability to split your pay as soon as it hits your account AND an activity feed that shows you where you are spending your money with brands you're splashing your cash on as well as the locations and purchasing time - Put simply, Up keeps you accountable and will have you saving like a wizard in no time. It's also VERY PRETTY and simple to use which makes it the perfect money tool for millennials. And GET THIS! The Up gang are again gifting all newcomers a banging ten dollars for using the code SOTM when they join UP - you'll also receive a SOTM inspired welcome pack and a fluoro card in the mail. WE ARE SO EXCITED FOR YOU IT'S INSANE.
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Your podcast hosts are Georgia King and Victoria Devine.
The advice shared on She's on The Money is general in nature and does not consider your individual circumstances. She's on The Money exists purely for educational purposes only and should not be relied upon to make an investment or financial decision. Victoria Devine is an Authorised Representative of Consultum Financial Advisers Proprietary Limited ABN 65 006 373 995 I AFSL 230323.