“My son's into fishing… he wants a $200 rod… how about you start a savings plan for that?”

Australian Investors Podcast · Rewind: Financial IQ vs EQ - Karen Eley on the money habits that matter

Play from 24:10
24:10

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What was described

sets up a savings plan for her son’s $200 fishing rod, using his pocket-money allowance and a personal spending plan

$200

Said nearby on the same subject

“Okay, this is Kiera and her partner's spending plan. I've just done the What Would Glen Do.”
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“I was like, okay, noted. So my plan had been I would set her up during our social skills group and see how the kids responded to my friend EliQ and see if they liked her or not.”
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“The research shows if for every hour you spend in planning, you save 10 in implementation.”
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“I’m sure that there are plans like GoodRx. I know on the drug website, they have a savings card … you can pay as little for five a month … the cash price … $1,200 to $1,600 for 28 tablets”
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