410 invest house deposit or not, ensure you're paid right as a woman + superannuation risk profile

Friend of the show and financial adviser, Amanda Cassar, joins Glen to answer your questions!

👉Q1: how can women keep up when we often make less?

👉🏼Q2: I've saved almost $80k and I'm looking at buying my first investment property and first property in general. I've also had the opportunity to invest into a managed fund, which I've been following for a while, and I trust the people managing it, their process and fees. I'm wanting to invest $10k into the fund but I'm worried about how this will affect my borrowing capacity. They are also increasing their fees so I'd like to get in before they do this. Should I focus on one goal at a time or hedge it and do both?

👉🏿Q3: I for the first time in 8 years became debt free and have now saved almost $30k towards a house deposit and $12k in the share market. I'd like to buy a house but feel I'm still so far away, but also worried about getting back into debt. Any tips?

👉🏽Q4: I'd like to know more about super and how to get the most from my super?

👉🏼Q5: I've heard you say that if not you're not keeping money invested for over 5 years, then don't bother. If I'm saving a house deposit I'm probably not buying for 5 years. Should I invest the money I'm saving to withdraw years down the track or put it in a savings account from day 1?

Check out the video with Glen and Vince chatting about the First Home Super Saver scheme: https://www.youtube.com/watch?v=rDFXb_AcuU0

Send your questions to questions@mymillennial.money!

Check out Amanda's previous episode around financial abuse: https://player.whooshkaa.com/episode?id=545413

Get $20 off The Glen James Spending Plan using the code "MAGIC". Link to course below!

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

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