Decent Investing ANZ
Simple steps that work for most people. A free guide to building a strong financial foundation — no jargon, no gimmicks, no sales pitch.
The Strategy
Most people don't need a complicated financial plan. They need a clear sequence of simple steps — and the discipline to follow through.
This guide covers the fundamentals that apply to the majority of people. If you have significant debt, complex tax situations, or unique circumstances, you should supplement this with advice from a licensed financial adviser who must act in your best interests.
This guide is adapted for Australia and New Zealand from Decent Investing, Joel Lewis's original guide for US investors.
- 0 Figure out what matters to you
Start with purpose, not products.
- 1 Build your cash cushion
3 to 12 months of expenses, tiered for access and yield.
- 2 Tackle high-interest debt
Pay off expensive debt before investing aggressively.
- 3 Use the right accounts
Super or KiwiSaver first, then investments in your own name.
- 4 Pick simple investments
Low-cost index funds. Understand fees. Add bonds.
- 5 Stay the course
Markets drop. That's normal. Don't panic.
- 6 Take your next steps
Automate, decide who gets your money, review annually.