should you contribute extra to super? (with guest Glen James)

Should you or shouldn't you? Azaria chats with host of my millennial money, Glen James, about making extra contributions to your superannuation, including:

👉how to add to your super

👉🏻employer contributions vs personal contributions

👉🏼the pros and cons

👉🏽when it might make sense to

👉🏾when it might not make sense to

👉🏿some other things you might do with your money

See if you're eligible for the Government co-contribution here: https://www.ato.gov.au/individuals/super/in-detail/growing-your-super/super-co-contribution

Here's the youtube video where Glen and Vince Scully from Lifesherpa explain the first home super saver scheme (FHSS): https://www.youtube.com/watch?v=rDFXb_AcuU0

Glen's book Sort Your Money Out & Get Invested comes out later in the year and is available for pre-order here: https://booktopia.kh4ffx.net/Xx1M7y

Thanks to Up Bank for supporting gen z money! Sign up with them and get $5 in your new account: https://link.up.com.au/GENZMONEY. Product & offer T&Cs @ up.com.au/terms. Up accounts issuer Bendigo & Adelaide Bank.

Send us your questions! Email questions@mymillennial.money with the podcast you want your question answered on as the subject.

Need a way to manage your cash? Check out Glen’s online course using the link below - get $20 off when you use the code “genz”:

For podcast resources, links to our stuff, disclaimers & warnings about this episode + more... check out: https://www.sortyourmoneyout.com/genz-shownotes

🛑 This podcast is for education and entertainment purposes. It is not intended as a substitute for professional financial, tax or legal advice. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement and obtain appropriate financial advice tailored to your needs. We may discuss products, services and answer listener questions on this video for entertainment & illustration purposes only. We may change the name of the questioner for anonymity. It is impossible to give you personal advice on an entertainment podcast as we do not know the details of your personal financial situation. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies that may be communicated in this podcast. SYMO interactive Pty Ltd, the publisher of the podcast, is an authorised representative of MoneySherpa Pty Ltd which holds financial services licence 451289. Please read our Financial Services Guide located at sortyourmoneyout.com. This podcast is intended for residents of Australia.

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