“… I’m just kidding,” he says.
Tash Etschmann was one of Tiktok’s early adopting and successfully made his niche in his personal finance content.
Go four years forward and the net value is over $ 500,000. Now, young people want to teach Australians how to reach there.
“My family always mentioned money when I was younger, Et said Etschmann. “When I got older, I noticed that many of my friends were not like this.”
ETSCHMANN WORKED A few workH&M is included in a retail, hospitality at an AFL stadium and as a swimming instructor and optical distribution. It is a Housing support worker when he bought his apartment four years ago). He is still self -employed and has been more than a year.
He had always followed a few financial content creators in the United States, but he did not see many people in Australia. “There is definitely lack of financial education, so I did what I did,” he said.
The joint author of that new book How does it not work forever, This manual, guide and entry level is the “dictionary” type. Think of it as money management for fools. A cooperation between Etschmann, the host of one of the leading podcasts of Australia, and the main credit Buy rich Slow Club.
The book devotes things that seem to be the intimidating world of investing into easily digestible concepts. Cash, bonds, stocks, interest rates, commodities – the book has everything. Crypta is also mentioned, but only as a “alternative being ..
“Crypto is a higher risk, Et Etschmann said. “In my opinion, this is something you need to buy in smaller amounts. It is not a regulated financial product. However, it looks more exciting than a crypto index fund, so I can see why some people are distracted.”
Crypto Young Australians are attractive
Etschmann is not wrong. A significant number of young people are interested in Australian crypto. A market that does not sleep and is extremely variable, perhaps people withdraw to him.
The monthly market information report from Binance Australia of June reveals that the transaction volumes of Aussie have gained value 3.75 times in the last two quarters, but the general dollar figures are not given.
Bitcoin and Ethereum continue to be the most traded crypto currencies by Aussie users. Interestingly, it is often followed by “mememekos – – crypos based on viral internet memes that do not have little use or never used in real life. Dogecoin, Pepe Coin and Shiba Inu Mine’s Mine’s money are among the top 10 trend crypto currencies for the Australians.
Does Etschmann keep a crypto? Yes, but it constitutes “five percent of my portfolio”, says Saw. “I don’t talk much about it because I want your audience to focus on basic steps first, such as saving for the emergency fund.”
As of June 2024, Etschmann’s portfolio is as follows:
Debt:
- Mortgage: 208,000 dollars
- HeCs: 17,000 dollars
Assets:
- Crypto: $ 23,900
- Stock and super: 272,000 dollars
- Flat: 400,000 dollars
- Savings: 93,000 dollars
- Car: 8,000 dollars
If he could go back in time and give him financial advice to him, Etschmann joke to him to “buy Bitcoin”.
Artificial Intelligence (AI) is currently all Hype for all investors around the world. So, does one of Tiktok’s best financial content creations have technology stocks?
“No. I don’t like to analyze individual stocks there, so I’m just buying ETFs. I think I’ve had a very easy journey with money because I started very young. [Hitting financial goals] I always felt quite accessible. “
Aussie Tiktok “Finfluencers”
In 2022, after a warning from the Australian commission of securities and investments (ASIC), he had to obtain financial advice licenses to continue to share the contents of the Australia “Finfluencers” content, which was a portingeau for financial impressive.
In response, other popular local Finfluencers such as Etschmann and Queenie Tan (@investwitheeine), Aleks Nikolic (@brokegirlwealth) He asked permission from financial consulting companies. They can now provide general financial advice on social media.
Although it is authorized representatives of financial consultancy firms, such as Etschmann, the unauthorized creators who give financial advice continue to be popular in Tiktok. Asic information page In the “Financial Products and Services online Discussion an published in March 2022, unlicensed Finfluencers may face fines of up to five years and up to $ 1 million if they discuss financial products and services online.
What’s next for Etschmann? Currently, it has been accredited to provide general financial advice, with an apartment, the net value of $ 570,000, has written a book and continues to expand its Tiktok.
How does it not work forever It offers a smooth Venn diagram to find the sweet point in life. So, what does it mean to fulfill Etschmann? At this point of his life, he says he doesn’t feel guilty of spending money and spends a lot of time on his hobbies.
“I love traveling, I read a lot of books, I tried to live in Melbourne and Sydney. I worked for a long time. I am still trying to understand.”
*Note: Natasha Etschmann’s ‘Tash Invests’ is an authorized representative of Guideway Financial Services Pty Ltd. Financial Services Guide. Tash Invests is paid a fee from the guide that Tash will take you for guidance: financial advice, training and coaching services and/or mortgage broker services.
