2. Am I investment ready? | 12 Steps to Get Started Investing​

When is the “right” time to start investing? How do you know if you're ready?

We’ve heard plenty of reasons why people put it off. Not enough money, it feels too risky and more!

We are here to tell you: now is the time. You have everything you need.

In this episode you will learn:

• Why now is the time to start investing
• What you need to get started investing
• How to clear your high-interest debt
• About other debt: Mortgage, HECs etc.
• Building your emergency fund

This is part 2 in our 12 step series sharing everything we’ve learned about investing to help you get started, or to remind you of why it’s so important.

Chapters:

00:00:00 Why Delaying Feels Sensible

00:02:21 Waiting Wastes Your Advantage

00:04:07 Everything You Need To Begin

00:06:07 Clearing Costly Debt First

00:08:08 Mortgage And HECs: What Matters

00:12:54 An Emergency Fund Comes First

00:14:47 You Can Start With Just One Dollar

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Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we’ve got you covered.

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In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.

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Get Started Investing is a product of Equity Mates Media.

This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.

Equity Mates Media operates under Australian Financial Services Licence 540697.

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