Once You Make Money, Upgrade These 7 Things (For Australians)

Interested in trading? Try Mitrade's demo account for free: https://mytd.cc/wWHK Once you make money in Australia, upgrade 7 things first: hobbies, automation, a stretch goal, your identity, friendships, skills and investing, and giving. A pay rise can disappear into a bigger lifestyle within weeks. This video shows Australians how to spend a growing income on upgrades that build wealth, protect your time and make life happier, using the latest 2026 data from the ABS, the ATO and Vanguard. Chapters: 0:00 Why a Pay Rise Doesn't Make You Feel Wealthy 0:47 Hobbies That Protect Your Money 1:26 Automate Savings, Bills and Payday Super 3:08 Set a Stretch Goal 4:00 Build an Investor Identity 5:12 Invest in Friendships and Social Connection 6:07 Invest in Skills, Free TAFE and Shares 7:26 Give Generously and Claim Tax Deductible Donations 8:08 How the 7 Money Upgrades Work Together Check out the channel's playlists for more videos on retirement, tax, investing, super, and more. Retirement in Australia → https://www.youtube.com/playlist?list=PLQLTyWVl7eWbzf4hpqj_I_WNL1xRlVQGV Tax & EOFY → https://www.youtube.com/playlist?list=PLQLTyWVl7eWZlXZQcaF3j0N85O8SieHRU Superannuation → https://www.youtube.com/playlist?list=PLQLTyWVl7eWZg_kZinVmlIYHgFcXbKGjh Investing & Wealth Building → https://www.youtube.com/playlist?list=PLQLTyWVl7eWaGPVPmfb6PF5f4sF__9cIz Salary & Cost of Living → https://www.youtube.com/playlist?list=PLQLTyWVl7eWYqAWIOqTXdxvIG_6Z6LuBf Legal Disclaimer: This video is general information only and does not consider your objectives, financial situation or needs. It is not personal financial, tax or legal advice. Past performance is not a reliable indicator of future returns, and all investments carry risk. Figures were correct at the time of publishing and may change. Consider speaking with a licensed financial adviser or registered tax agent before making financial decisions. 💬 Creator’s Note: Each video on this channel takes a lot of time to write, narrate,