money money money 844b WWGD: Hudson wants to travel Australia, renovate, invest + change careers
10 snips
Nov 5, 2025 Hudson shares his aspirations to travel Australia while juggling a career change and financial goals. They grapple with his family's unique property and mortgage challenges. Discussions include superannuation choices, shareholding structures, and budgeting woes. Hudson's dream of a caravan adventure raises questions about vehicle options and financing. Insights into prioritizing family dynamics and the necessity of an emergency fund lead to a practical checklist for achieving his travel dreams. A focus on smart investments ties it all together!
AI Snips
Chapters
Books
Transcript
Episode notes
Young Family With Variable Incomes
- Hudson is 27, married with three boys aged almost 8, 6 and 2, and works as a welding supervisor on the railway.
- His wife Abby recently returned to casual work with Jim's Mowing and part-time NDIS shifts.
Employee Buy-In To Civil Investments Co
- Hudson described buying into his employer's civil investments company via family trusts as a junior shareholder.
- The shares are illiquid with an annual market transfer date and a current valuation around $214,000.
Model Career-Change Income Drops
- Plan for an income drop if you change careers into financial advice; run numbers for a lower salary scenario.
- Only switch careers once you have a consolidated emergency buffer and clear family agreement.
