In the latest episode of The Australian Finance Podcast, Kate and Owen discuss what it means to “invest in yourself“, why it’s so darn important, and how you can start today.
Kate also busts some myths when it comes to “Side Hustles” and HECS-HELP loans — including when you get one, how they’re repaid and they ask ‘should I repay my student loan?’.
Finally, the hosts ask: “ARE ROBOTS GOING TO TAKE MY JOB?!!”
Investing In Yourself
With the ongoing rise of technology, more and more Australians are becoming concerned about the threat of automation.
The trend towards more contract, freelance and part-time work is commonly referred to as the “Gig Economy“. A common example of the Gig Economy in action is Aussies being employed by the likes of Uber Technologies Inc (NYSE: UBER) as contract drivers.
According to The Guardian, around 25% of Americans worry that they won’t earn enough in the future as technology makes it difficult to find full-time employment. That’s up from 15% around 10 years ago.
It’s not enough to just throw our hands up and worry about the change that’s coming. That won’t stop it happening. But it may, in fact, harm our prospects of finding a job.
So how do we solve this threat?
We’ve got to own it and embrace the change. No matter how young or old, or your skill-set. It’s never too late to invest in yourself!
And how do we do that?
That’s the topic of this week’s Australian Finance Podcast.
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