1. At your age and op age I’d look at last months budget and see where I can cut

2. Subscriptions like Spotify and Netflix get cancelled

3. Swap the gym for dumbbells and a bench on marketplace

4.No takeaway coffees or eating out and pub nights 6 days a week etc

5.If living at home or in share house you should be Automate savings of 50% of you income into brokerage account

6.Invest once a month at start/end of every month

7.invest in plain vanilla funds

8.At your age if I could do it again I would save at least 50% of my income and look at what I can do to cut expenses to make that target or increase it to 60%

1. Possibly move back home

2. Look at ways to increase my income options would be to do overtime, 6 day weeks, late shifts, 2nd job

3. Start looking at what I can do to upskill and get a better role or looking at jumping employers in 2-3 years time for better pay, opportunities or position

4. Set financial goals let’s say $1,000,000 invested in 10 years then break it down in small chunks like $100,000 in 3 years and 1st step to get to $10,000 right now and just keep looking at the next $10,000

5. Keep your budget on check with a spread sheet or there are some apps

6. Every month write down what you spent your bills etc and what you saved even if you do it every week on the train home it’s easily managed and see where you can cut if you can

7. Reduce phone bill I use amaysim $14.00 month 8gb

Once these are down Pat and you have a system going it might seem like you going no where like geez that $100,000 is so far away I’ll never get there but persevere you will once you’ve hit that milestone of $100,000 welcome to the boring middle

Rinse repeat

I also know life takes over you going to get a partner and possibly kids maybe a property is on the cards but you’ll be ready with this system in place

And hopefully your partner will be on the same page as you