Recently we introduced you to Steph, a new user of the MyMoney101 financial wellbeing platform. She’s letting us ride along on her journey towards financial wellbeing. Let’s check out what she’s been up to since starting on the platform.
Activating my account and logging into the site was really simple. I decided to start scrolling and I got drawn to the Content hub. I find things like this will always have something interesting and I like exploring options. I’m someone who doesn’t like people telling me what I need to do, I either want to ignore them or can’t work out HOW I should do what I need to do.
Found an article that was very relatable to my current financial situation, “10 tips for a financial makeover”, exactly what I was looking for! The article was detailed in its explanation but not lengthy to read. The tips were brief but helpful. After reading the article I decided to put the first tip, “Learn the truth about your money” into play, working out my budget by trying to keep track of all my expenses and see where I’m spending my money.
Something I found was it’s harder to follow and track of my spending than I thought! My first go wasn’t accurate, and I got a bit discouraged and semi gave up.
I decided checking out the course Managing your money was the next place to get some more information. I found it more helpful than just tips, as my current knowledge of managing money is so minimal. Even though I’ve never understood anything finance related before (which is probably why I never pursued learning about it), I was surprised to find myself oddly engaged. I found it engaging, interesting and easy enough to follow and understand.
After completing the Managing your money course, I put some things into action. I went over all my subscriptions, did some research into some cheaper options and ended up cancelling the most expensive one I was paying. Other things that stood out to me was the idea of revising and researching things like insurance, and starting small when it comes to saving. I always had it in my head that you need to put large amounts of savings into an account, but found I ran out of money and ended up moving that money back again whenever I did this. So I’ve started moving small amounts of money into my savings instead.
Doing the courses and reading the financial tips have made me think more on ways I can help gain control over my finances and starting with small term goals to pay off my debts.
The course also had links to extra information. I found it interesting doing things like checking out my credit score and learning about different ways to assist with tax time, like putting money away into your super. This information has encouraged me to check out another course I saw about super.
And the best part was I didn’t feel like I was being told what to do!
Did any of Steph’s experience resonate with you? Budgeting and tracking spending are essential parts of building financial wellbeing, but as this experience shows, getting started can be a challenge.
It’s not always easy to face your finances or to stay consistent when the process feels unfamiliar. That’s why taking small steps like exploring articles or trying out budgeting tools can make all the difference. Each step builds confidence and creates a stronger foundation for long-term financial control and peace of mind.
Stay tuned for the next instalment. We can’t wait to find out what happens next!
