How Ally is balancing investing, buying her first home and having a baby

What would make you finally take control of your money? For 29-year-old marketer Ally, it was watching her mum navigate life after divorce. Seeing someone she loved suddenly have to learn how to manage money from scratch made Ally realise she never wanted to be in that position herself. So she taught herself. Through podcasts, books and hours of research, Ally built the confidence to start investing, buy her first home and prepare financially for her first baby - all without a background in finance. In this episode, Ally joins Jess to share how she overcame analysis paralysis, built an investment portfolio from scratch and the lessons she's learnt as her investing journey has evolved alongside life's biggest milestones. This is 'How I Got Started' a series on Get Started Investing. Every Thursday Jess sits down with a community member to hear the highs and lows of their journey to investing. These are real stories that we hope will give you confidence that investing is for anyone. P.S. In this episode, Jess and Ally discuss the question many homeowners face: Should you keep investing or focus on paying down your mortgage? After recording this conversation, Jess sat down with a financial adviser to unpack the pros and cons of both approaches. If you're asking yourself the same question, you can listen to that episode here. For more regular updates from Jess’ investing journey, follow along on instagram at getstartedinvesting_ Chapters: 00:00:00 Building A Simple Life And Strong Finances 00:05:05 The Family Experience That Changed Everything 00:09:19 Learning To Invest One Step At A Time 00:13:12 From Spare Cash To A Real Portfolio 00:18:49 Why She Paused Investing To Buy A Home 00:22:52 Saving For A Baby Without Losing Momentum 00:25:36 How They Manage Money As A Couple 00:28:53 The Biggest Lesson For New Investors 00:30:08 Investing For Freedom, Not Luxury Links mentioned in this episode: 📩 Sign up to the Get Started Investing newsletter here 📩 Share your investing story with us submit here 🎟️ FinFest tickets - Buy early bird tickets here Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we’ve got you covered. ——— In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. ——— Get Started Investing is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes only. Any advice is general advice, and has not taken into account your personal financial circumstances. Before acting on general advice, you should consider if it is relevant to your needs. If you are unsure, please speak to a financial professional. The hosts of this podcast and their guests may have positions in the companies mentioned. Equity Mates Media is part of the Betashares group but maintains editorial independence. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.