My name is Milly – I am a founder, Gen Z strategist and creative currently having the most incredible time in the social impact space with my charity, ALLKND.
Dedicated to creating great content and next-gen-style mental health education for young Aussies, I’m on a mission to inspire compassion and kindness, smash the stigma and teach people how to be ‘Good Mates’.
Somewhere along the way, I inherited a money scarcity mindset, perhaps through others, perhaps through my broke college days overseas, or perhaps through starting a business from scratch.
It’s ultimately been at the core of my propensity to save and hoard funds, as a risk-averse sole trader with no formal salary behind me for years at a time.
I’ve made some good money decisions as a result of this, but also some not-so-good decisions.. My biggest win is building my savings even in my early twenties and my biggest regret is not investing my money earlier.
My investing experience
My level of literacy in stocks is perhaps slightly north of average, but as a young person – maybe if I could even say, a young female person – it can all feel quite intimidating and overwhelming.
If the antithesis to anxiety is action, then taking a simple action like auto-investing your savings account into a conservative, managed ETF -can gain back some control of a person’s financial situation and quite honestly, feel life-changing.
Like a lot of the late Gen Z and early Millennial demographic, I’m frantically looking around me at peers who have managed to clutch onto a rung of the property ladder, some earlier than others, while constantly thinking ‘is it just going to keep going like this’?
It’s this chronic swelling of anxiety, frustration, pressure, and a shared experience of pure terror, to be quite frank.
While there is so much uncertainty, mixed opinions and a constantly rising cost of living, it can feel really tricky to make any big money decisions.
And so, in the meantime, saving a pool of money for when you’re ready (and having it grow while you wait) feels like the next best thing. It was when I was looking around and comparing different savings accounts that I started looking into managed ETFs.
Why I decided to trust Stockspot with my investment portfolio
I had a friend recommend Stockspot to me and I felt like it was the right time to act on this ’to-do list’ item that had stayed at the bottom of my priority list for a while, as it felt too big and challenging to do.
Having someone explain the process, share their experience and even show you their portfolio took some of the emotion out of the process.
I started looking at Stockspot as a really solid and wise alternative to a traditional savings account, once I understood a bit more about the compounding effect.
I absolutely love the Stockpot calculator – I find it so cool to show it to people and get excited about how small, manageable financial investments over time pay off large.
My investment goals are more around the long-term and so my Stockspot portfolio is really a replacement for the traditional savings account that sits dormant gathering dust.
I feel comfortable knowing I can draw funds from Stockspot if I need them to help fund a down deposit on a house, but ultimately I’d love to just let time and compound interest do their thing and retire smugly, thanking 26-year-old me for making such a bloody great call.
What I like about Stockspot
Stockspot is easy! Fun! Set and forget (except when someone asks if you’re investing your money and you’re excited to tell them that yes, in fact, you are).
I have been auto-investing between $300-500 a fortnight for the past year and have seen very satisfying growth in my portfolio. I recently celebrated ‘dividends week’ with a nice little collection of payouts which I shared to my Instagram story.
My money tips for those looking at investing
I’ve heard female finance mentors say something along the lines of “the best time to invest is yesterday. The second best time to invest is today.” I think that really sums it up to be honest. The resource is there, use it!
Don’t neglect looking into your emotional relationship with money. Through my work in Gen Z mental health and human research, plus my own lived experience, I’ve found so much gravity in the way we ‘feel’ about money, and how it may impact your money decisions.
Milly’s client story was published in The Daily Mail – I’m renting and have no intention of buying a house in Australia right now – here’s why I’m not joining the rat race (3 August 2024).
As of January 2026 Milly is a paid ambassador for Stockspot and shares her personal investing experience.
