Welcome to this bonus episode of The Australian Finance Podcast; your midweek dose of quick, practical money tips to keep you on track between our longer Monday shows and Friday Q&As.
Today, Gemma Mitchell is joined by Financial Adviser Tahli Cavagnino to bring you three simple money maths concepts everyone should know. Spoiler: you don’t need to be a maths whiz to build wealth. These formulas are basic, practical, and seriously helpful.
In this episode, you’ll learn:
- The Rule of 72 – How long it takes to double your money
- The FIRE Number (x25 Rule) – How much you need to live off your investments
- The 4% Rule – How much you can safely withdraw each year in retirement
These are must-know money shortcuts for anyone wanting to take charge of their future, no complicated maths needed.