Betsy Westcott -
The Ladies Finance Club
Girls just want to have funds
Betsy is passionate about helping women build good financial skills to create security, happiness and success for themselves and their loved ones. Growing up on a sheep and cattle station in Queensland she learned from a young age that good budgeting and financial skills are essential for staying on top of whatever life throws your way.
"We want to see a future where women are in control of their finances so they can be empowered to make any choice they want." - Betsy & Molly
Betsy & Molly run events, workshops and courses with leading industry experts to break down a range of topics from investing, superannuation, debt and budgeting.
We always have prosecco or champagne, giddy-up.
They want you to control life on your own terms, feel confident about your money and plant the seeds for a more secure financial future (and still buy shoes).
Foundational Concepts You Need To Understand Before Investing
- Compound Returns
- Asset Classes
- Risk & Return
- Risk Profile
Molly Benjamin who unfortunately couldn't make it to the interview.
A blessing perhaps - I'm not sure I would have got a word in with both on the mike.
Practical Steps to Get Started
- Pay off all debt
- Build up your emergency savings
- What are your goals?
- Buy direct - tricky
- Buy a fund - managed, exchange traded, LIC
- Get advice - planner or robo-advice, ASIC's MoneySmart
- Stay close to your money - keep really good records
Betsy and Phil (Uncle Chop Chop) celebrating Ladies & Movember
Make money fun - associate it with good things, don't associate it with pain and boredom
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Shares for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not Shares for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation.