Beginner’s Guide - Start Investing in Australia with $50 a Month
You don't need thousands - you just need a simple system and a shift in mindset
Ever thought about investing, then told yourself:
“I don’t have enough money to start.”
“I’ll look into it later when I’ve got more savings.”
“It’s too complicated anyway.”
Totally normal. Most Aussies think investing is something you do AFTER you’ve paid off debt, bought a house, and sorted your life out.
But here’s the truth:
You don’t need a big deposit.
You don’t need to “time the market.”
You don’t need a financial degree.
You can start with $50 a month — and the right mindset to go with it.
Let’s break down how to start small, stay consistent, and let your money grow quietly in the background.
First, Shift the Mindset: You’re Already an Investor
If you’ve got super, you’re already investing — even if you’ve never logged in to check it.
The real question is:
“Do I want to rely only on my super... or take control and build wealth on my own terms?”
You don’t have to be rich to invest — you get rich by investing.
Even $50 a month can build into tens and hundreds of thousands over time — if you start now and keep at it.
Here’s What $50 a Month Could Become
Let’s say you invest $50/month in a basic ETF (Exchange Traded Fund) and earn a conservative 7% average annual return.
After 5 years = ~$3,500
After 10 years = ~$8,600
After 20 years = ~$24,400
After 30 years = ~$51,000+
All from just fifty bucks a month — the cost of one takeaway meal or a few streaming subscriptions.
And if you increase your monthly investment as your income grows? Game on.
$100 a month could become ~$121,000
$500 a month could become ~$609,000
Where to Start (Even as a Beginner)
You don’t need to pick stocks or watch the market daily. Start with EFTs — bundles of shares that are easy to access and lower risk.
Aussie-friendly investing platforms:
Spaceship ** – $5 minimum, great for beginners
CommSec Pocket ** – invest in top Aussie or global ETFs
Pearler Micro ** – automates your investing, focuses on long-term growth
Raiz ** – rounds up your daily spending and invests the spare change
Set up a direct debit
Choose an ETF that tracks the market (e.g. ASX200 or global tech)
Let time do the heavy lifting
NOTE: This content is for general information only and is not financial advice — please do your own research or seek professional guidance before making decisions.
Dave’s “Set & Forget” Starter Plan
Open an account on a beginner-friendly app (examples above)
Choose a simple EFT (not crypto, nor high risk speculative stocks)
Set uo a $50 / month auto-transfer (or an amount you can easily afford)
Turn off notifications and check it once a quarter, not every day
Let it ride.
This is how you build wealth in the background while you live your life.
Why Most People Don’t Start (and Why You’ll Be Different)
“I don’t know enough.”
→ Learn as you go. You’re not making million-dollar decisions — you’re building a habit.
“It’s too risky.”
→ Not investing is risky too. Inflation quietly eats your savings. With long-term investing, risk decreases.
“I don’t have enough to make it worth it.”
→ Starting small is worth it. What matters most is consistency, not the amount.
“I started with $50 a month, and now we’ve got an investment account growing every week — without feeling it.”
Final Thought: You Don’t Need More Money.
You Just Need to Start With What You’ve Got.
Whether you’re earning $50K or $150K, the key to building wealth isn’t magic — it’s starting small, starting now, and staying the course.
You’ve got this.
And if you want someone to walk you through it — without jargon, judgment, or stress — I’ve got your back.
Want a Hand Getting Started?
Check out our Wealth Visualiser — where I show everyday Aussies how regular deposits, a healthy growth rate (7 to 10%) and time, are your magic ingredients to wealth.
** Dave The Money Dad has no affiliation with these products, nor is a recommendation. They are examples of what is on the market at the time of publishing.
NOTE: This content is for general information only and is not financial advice — please do your own research or seek professional guidance before making decisions.
