Since I am not a morning person, I need my daily intake of caffeine. So like lots of my fellow commuters, buying coffee at a station kiosk used to be part of my daily routine. This changed when I realised how much money I could actually save using a simple thermos flask.
Acorns is a wildly popular app in the States that automatically invests ‘loose change’ and allows people to invest with small amounts. It has now arrived in Australia, so it’s time to have a good look at what it offers, how it works and what the pros and cons are.
The emergency fund is often hailed as a mandatory component of a sound personal finance plan. And whilst I agree that an emergency fund is necessary, I did recently cut my emergency fund in half. Allow me to explain why this may be a good idea in certain cases.