Best Personal Finance Blogs for Australians
While the finance world may feel confusing or intimidating, you don’t need a degree in economics or accounting to learn about strong personal finance habits. There are hundreds of great resources available online for you to pick up financial knowledge on your own time. Numerous finance-driven Australians have taken the time to curate online resources and share the ups and downs of their success stories.
What is the goal of personal finance blogs?
Personal finance websites, blogs, and other online resources all seek to provide assistance with managing your money. They provide tips, strategies, and advice for topics like budgeting, saving, investing, debt management, and FIRE (financial independence, retire early). Many discuss specific strategies for setting up investments into ETFs (exchange-traded funds) and LICs (listed investment companies).
What types of personal finance blogs are there?
Most of these blogs fall into three categories (and the best finance blogs tend to incorporate all three).
Whether you want to stay in the know with market news, become more well-versed in financial principles, or are simply looking for uplifting inspiration, there is a personal finance blog out there which is perfect for you. And if you prefer listening over reading, you might enjoy personal finance content in a podcast format as well.
Best personal finance pages in 2024
This online resource is not exclusive to Australia, but recently expanded into specifically Aussie-dedicated content for personal finance. Founders Tim and Jacob are passionate about making it easy for everyone to make the right financial decisions. Their goal is to help you make the best decisions for banking, borrowing, investing, and more.
NerdWallet is very well-known in the personal finance sphere for their detailed and objective reviews of financial products such as credit cards and vehicle loans. Their advice helps readers understand all of their financial opportunities and obligations. NerdWallet is popular for their comprehensive approach to money management.
This long-running publication, formally available in print but now posted online, is among Australia’s most-read sources for personal finances. Launched in 1972, the magazine has provided generations of Australians with practical financial advice regarding retirement planning, taxes, taking out loans, and investing in the stock market.
Money Magazine answers common questions that are asked by Australians of all economic backgrounds. The website analyses emerging trends in the financial space and spotlights new technologies and other developments. There is also a Money Newsletter that invites readers to sign up for the most up-to-date financial news.
This all-encompassing blog covers a large variety of topics geared towards middle class and working class Australians. Founder Penina wants to help build cost-conscious habits in all areas of your personal life, including meals, home upkeep, family time, and travel. The blog also covers finance topics like improving your credit score.
Savings Room leans into the idea that financial literacy is crucial and that personal finance should be understood and embraced by everyone. Penina shares many short, accessible articles and lists that have financial tips which are easy for the average Australian to implement into daily life. There is also a section on personal wellness.
This blog centres on founder Matt discussing his journey toward financial independence. He shares specifically about his personal experiences and what financial planning approaches have been useful. In particular, Matt describes investments in property as well as index funds. He shares details of his change in net worth over time.
Aussie Firebug stands out with its engaging interviews of successful financial figures that share advice from their areas of expertise. Matt also boosts community engagement with “Ask Firebug Friday” where followers can get advice for their own financial independent journeys. The blog helps people of all financial backgrounds.
Frugal and Thriving
This upbeat blog, run by founder Melissa, discusses a lifestyle-centred approach for average Australians to build thrifty habits. The blog features a wide array of advice for managing household expenses. For instance, Melissa shares many affordable recipes as well as DIY tips and tricks to help find lots of small savings that add up fast.
Frugal and Thriving often emphasizes a mindset shift and reinforces that living on a budget can be easy, simple, and even empowering. The founder believes that frugality is a holistic approach that can help let go of needless stress and prioritize wellness and simple living. She presents frugality as an opportunity rather than a limitation.
Strong Money Australia
This is a popular resource where the blog’s founder discusses his personal journey towards financial independence. Founder Dave was able to retire at age 28 by building a reliable income stream and establishing investments that snowballed. He has built a library of comprehensive guides and manuals for how to maximize FIRE opportunities.
Strong Money Australia is known for their long-form, deep-dive articles that cover various financial topics. The blog touches on everything from taking out a home loan to diving into low-cost ETFs for your portfolio. Dave has launched a podcast called Fire and Chill, which discusses overcoming obstacles for financial freedom.
This friendly blog explores new variants of the FIRE lifestyle. The blog is run by a husband-and-wife pair who believe that FIRE does not have to be synonymous with extreme work weeks and severe frugality. They are passionate about helping readers find that moderate middle of enjoying life while mindfully building substantial savings.
Money Flamingo expands on Coast FIRE, which is a path towards semi-retirement. The idea is that you only have to reach 50% of your FIRE goal, or in other words, “FIRE standing on one leg: like a flamingo.” The blog shares many strategies for making this approach accessible and also offers a calculator for projecting your retirement timeline.
This optimistic blog is all about helping readers have more opportunity and freedom in their financial life. Founder Paul Benson has built a flexible framework for retirement planning and encourages readers to build a path that works for them, rather than being railroaded into one particular approach. Paul believes that true autonomy means choice.
Financial Autonomy breaks down a four-step approach: gaining clarity about goals, optimizing cash flow, developing a long-term strategy, and maximizing superannuation. While this may seem like a lot, the blog is very beginner-friendly and provides advice in the form of small steps that can add up. Paul also offers a book and a podcast.
The FI Explorer
This future-minded blog brings important perspectives to the Australian FIRE sphere. The anonymous founder, currently in his forties, has spent decades building a very precise investment portfolio that can generate a sufficient passive income for the rest of his life. His blog shares his triumphs and his setbacks for others to learn from.
The FI Explorer stands out with uncommon approaches to financial independence, often discussing gold, peer to peer lending, and especially fintech and Bitcoin. The blog also zeroes in on the “in-between” phase of navigating the stage when one is approaching financial independence but has not quite reached it, which other blogs often don’t cover.
Connecting with the personal finance blog that’s right for you
Every personal finance blog clearly has something unique to offer. And while they each may claim that they’re better than the competition, here’s the reality: the best personal finance blogs are the ones that best fit your circumstances, goals, and lifestyle. Not every approach works for everybody, and only you can decide what’s right for your wallet and your family.