u/Deaze_

Hit my first milestone on my fitness journey at nearly 40y/o, im under 130kg (286lbs) for the first time in nearly 15years. Down from my heaviest of 155kg (341lbs) from 2-3 yrs ago.

If i share it with anyone IRL my brain goes 'Grats me, time for a reward' which snow balls into getting off track and regaining the weight very quickly. So instead, just wanted to post it into the aether as some form of recognition, and get back on my way.

Decided about a year ago to start a putting aside money for my Niblings (Nephew-5yo and Niece-2yo), wanting to gift it to them when they are 21/18 respectively and hopefully give them a boost that my siblings and I never got, especially with how hard it is already for the younger generations to access housing and the like. My sibling doesnt know about this account at this stage, and will probably keep it that way, and write it into my Will to ensure they get it.

Currently sitting at a little under $5k in a shitty ANZ Serious Saver account earning a meager 1.55% PA, putting away $100 a week currently. At this rate i'd have about $100k to split between them by the time the younger one hits 18, which while nothing doesnt seem like the greatest return for that duration.

What are my options for better returns? Anyone else offer better returns on Savings accounts similar to the ANZ SS ones? Or am i better off investing it into an ETF or some other Long Term investment product?