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A young Aussie finance guru has revealed the importance of paying yourself first if you want to save money. Mum-of-one Queenie Tan, 27, from Sydney, is worth over $500,000 after she started getting smarter about money from a young age when she was raised by a single dad. She became “financially independent” after she landed her first job working at McDonald’s at the age of 14.
This would include housing, transport and food. Next up, she would put money aside for “the fun stuff,” such as “eating out and travel”. Then, whatever money the finance expert had left over, she would put toward her savings and investments. “But here’s what I do now, I pay myself first,” Queenie explained. “So, I put aside some money for my savings and investments first and then I pay for my needs, then I pay for my wants.
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