What are the opening hours?

Tuesday 11am - 4pm Wednesday 11am - 4pm Thursday 11am - 4pm

Money School

Home
Australia
Perth, WA
Money School

Website

We help parents teach their children about money without boring them. We help adults build their o

If you’ve ever lamented not knowing how to manage or invest your money, good news - it’s never too late to start. Our online course will show you all the skills you need to build and follow your own personal financial plan so you can reach financial independence well before the official retirement age. For the parents out there, we also show you how to teach your kids about money so they can start off life on the right financial foot. We are independent from the banking and financial services industries. We do not recommend specific financial strategies or products, and we don’t take kick-backs or commissions. When you join Money School, you’re getting education, and education only - pure, simple and powerful.

04/11/2026

Q. How can someone prevent investments crashing?

A. You can't, and more's the pity.

Here's the thing:

The economy waxes and wanes.

Markets go up and down.

It's all cyclical.

That's little comfort when you're watching your assets tank of course.

What you can do is:

▪️ Don't use money you can't afford to lose. Expect that cash to be tied up for 5+ years when you invest it.

▪️ Don't put all your eggs in one basket. Different markets move in different cycles. By having some investing across multiple markets, you are less likely to lose it all in one fell swoop.

▪️ Decide if you're even going to watch. You don't have to check your shares every day, and in fact probably shouldn't. If you're a long term investor and you've bought a quality asset you don't intend to shed, then stop looking regularly if it stresses you out.

▪️ Be prepared to understand what you're investing in. There's a difference between a correction, a recession, a depression and a crash. Know what you're looking at.

▪️ Don't confuse speculating with investing. I'm lookin' at you, .

Here's some reassurance on the whole issue: https://bit.ly/4dYq4GF

*** This question came up in the most recent seminar. It's the fourth time Lacey has delivered the 'Securing your financial future' session for Future Women and, as always, the participant questions were fabulous! Thanks to all who attended.

03/11/2026

I don’t like blanket rules, including:

‘Save 20% of every dollar you earn.’

*** For some, 20% is way too high. ***

One in seven Australian adults is living on or below the poverty line.

Asking someone who doesn’t live with their parents and earns less than $500 a week to save anything - let alone 20% of their income - is usually ridiculous.

Sometimes, there’s too much month left at the end of the money, and that’s just the way it is.

If you can’t save right now, that's okay. Consider it a temporary situation.

One day, you’ll earn enough money to cover your basic living costs, and then you’ll earn a bit more and suddenly you’ll have the capacity to start saving.

Until then, don’t beat yourself up because someone set a blanket rule about 20%.

*** For others, 20% is way too low. ***

To qualify for the Savings Olympics, you’d need to hit at least a 70% saving rate.

That’s 3.5 times more saving than the 20% blanket rule.

My measly 50% rate probably wouldn't get me further than state championships, and even then I’d be lucky to medal.

When you can (a) earn a lot of money and/or (b) live on very little, you can save like a demon - and it would be worth considering, as it’ll get you to financial independence in a fraction of the time it’d take someone saving 20%.

Don’t take the easy route of 20% if you know you can save more.

*** So, what’s the right number for your savings rate? ***

There isn’t one.

There’s only what works for you.

Whether it’s 5% or 95%, your savings rate is just fine, so long as you’re happy with it and can sustain it.

I encourage you to be ambitious with your target, as you can always get money out of savings if you find yourself eating baked beans on toast seven nights a week. Once it’s spent, it’s gone.

But resist blanket rules like this one.

Whoever came up with that rule doesn’t know you or your circumstances. They can’t make that choice for you.

02/11/2026

Trading the security of a regular pay cheque for running your own business can be terrifying.

And rightly so.

On top of the extra administrative and financial burden you carry, your income no longer magically arrives at regular intervals …unless you make sure it does.

As a business owner, it’s up to you to get your invoices get paid. That’s how you earn an income.

Without essential cash flow, you may end up eating into personal savings, taking on debt and suffering from financial stress as you bear the cost of doing business until the cash …flows. If it ever does.

If that’s a panic-inducing concept, I have excellent news for you...

Read the full article on Kidspot at https://bit.ly/3MjysqC

01/11/2026

Being boring was one my biggest worries when I set out to write Money School. So glad I seem to have avoided that! Thanks Hildegunn :)

'A great book. This is the first book I've read about money and finances that is both interesting and informative, without being boring.

An eye opener and a good read.'

01/11/2026

Want to get the lowdown on Money School's favourite resources that are cheap or even free to access?

📚 Sign up for our newsletter and get instant access to our exclusive eBook! https://www.moneyschool.net.au/

31/10/2026

Matt Michael of the is hilarious, thoughtful and not shy of digging into tough topics.

We covered a lot of ground in this discussion including insight into Lacey's speaking experience, so grab your preferred beverage and get comfy!

🎧 Listen to our chat via https://bit.ly/3L0OODV

29/10/2026

Having trouble deciding which Exchange Traded Fund (ETF) to pick?

It can get hard, with so many options to choose from.

Even with the right guidance, understanding what’s in it for you is not the easiest thing to digest.

Lacey’s article for “Women With Cents” gives an overview of how to exactly approach this.

It’s easy as A, B, C:

…A for Alignment
…B for Balance
…C for Cost
…D for Deadline
…E for Exit

If you are curious about this and keen to choose your ETFs soon, you can read Lacey’s article for Women with Cents right here: https://bit.ly/47GsvL3

28/10/2026

Q. What if you have a large family and worry about not being able to work full time and care for lots of kids and elderly parents in case one of the partners gets sick or dies?

A. This keeps people awake at night, and with good reason sometimes.

The first things to think about are:

➡️ A decent cash buffer fund for each partner/couple/family unit, so if someone loses their job or dies, there's cash to get through a short period while they make other arrangements.

➡️ Life/TPD/income protection insurance, possibly within super and depending on how old the people involved are (it's rare to have life insurance in your 70s for example). Like a cash buffer, this is to get the family unit through a short period while they get a plan together.

➡️ Making long-term choices re: earning. If there's one 'breadwinner' and they get sick or die, you're exposing the whole unit to risk of not being able to replace that income. The more people capable of earning an income, the better.

➡️ Making sure everyone's financial house is in order. This means they each have a will, an enduring power of attorney, an enduring power of guardianship, and a file with all their pertinent info (mine's a hard copy file in our safe that starts with "Oh no, I'm dead! This sucks. At least you won't have to go looking for my finance info, because here it is..." and lists all my accounts, super, shares, mortgages, insurances etc).

➡️ Drawing some mental boundaries. For example, I believe you don't owe your adult kids anything and I'd think seriously about whether you want to be financially caring for a parent. Everyone's situation is different, and if that sounds harsh, it's because I think a lot of obligation is foisted onto women to take caring roles and that can include looking after people financially. I'm not saying don't do it - I'm saying make it a considered decision, not an automatic assumption.

*** This question came up in the most recent seminar. It's the fourth time Lacey has delivered the 'Securing your financial future' session for Future Women and, as always, the participant questions were fabulous! Thanks to all who attended.

27/10/2026

Who hasn't heard the age-old saying:

'Financial independence begins with owning your own home.'

While it's well intended, that particular piece of advice is probably out of date these days.

Now, to be clear: owning your home can fabulous, mentally and emotionally.

Knowing your landlord can't turf you out can make you feel safe and secure. Being able to paint the walls and hang pictures can create a sense of comfort. And not having to think about competing with the other home ownership hopefuls is a boon.

But owning a home is not always the best option financially, for a few reasons:

1. Buying a home comes with large upfront costs.

A deposit for a mortgage, stamp duty, pest inspections and conveyancing all take up a decent chunk of change. That's cash you can't put towards a buffer fund, or investing.

2. Ongoing costs are usually more than rent.

The mortgage payment, building insurance, rates and maintenance mean you end up paying more each week than you would if you rented an equivalent property.

3. We don't stay put for as long as we used to.

Gone are the days of staying in a home for several decades on end. We move more often, which means we're up for a new round of those upfront costs on top of the cost of selling the previous home. And each time, we reset that mortgage clock and end up paying interest for longer, so you don't get the main financial benefit of owning your own home outright (that is, not having to pay a mortgage or rent) for long.

Yes, debt is at record low costs. Low interest rates are on your side.

Yes, real estate prices are rising pretty much countrywide. It can feel like you're at risk of missing out if you don't get in the property game.

But don't think it's always the best financial option.

Sometimes, renting is better for your bottom line.

26/10/2026

Extra super payments can (among many benefits) lower the tax you pay and boost your retirement income.

How good is that?

Most financial advisors would say you should go for it, and the maths usually stacks up in favour too.

Still, if you put your extra cash into super, it’s not straightforward to get it out early.

Further, the government cannot guarantee what extra taxes might be applied, or what the retirement age will be in the future.

If you feel that you might want to retire earlier than your 60’s, then you may prefer to hold off on extra payments.

It’s a tough decision.

It’s a personal decision.

…and it depends on what circumstances and where you’re at with your finances.

https://bit.ly/3Zc2OOM

Address

Perth, WA

Opening Hours

Tuesday	11am - 4pm
Wednesday	11am - 4pm
Thursday	11am - 4pm

Website

https://moneyschool.net.au/

Alerts

Be the first to know and let us send you an email when Money School posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.