gen z money

We're so excited about tax time that we're giving you this extra ep for your commute home! Chartered accountant, Aimee Brown, joins Azaria to answer some questions. They discuss:👉do I need to lodge a tax return?👉🏻how long do I have to lodge my tax return?👉🏾I received jobkeeper, do I have to pay tax on this? What about other centrelink allowances?👉🏽I bought shares (or crypto) for the first time this year, how does that affect my tax?👉🏿I worked from home this year, what can I claim?👉🏼I buy my own clothes to wear to work, can I claim those clothes on tax?👉can I claim HECS if I’m working in the area I’m studying?👉🏻what car related expenses can I claim?👉🏽what if I made a mistake or forgot to claim something? Can I change it?👉🏼if I don’t get money back or it says I owe money, does that mean I’ve done something wrong?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.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.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.

On this week's ep, Azaria and associate adviser, Nick, wrap up the investing series with tips on how to avoid some of these common mistakes made in the early stages of building your portfolio. They touch on:👉🏾starting without a goal 👉🏿withdrawing your money too early 👉🏽over-allocating how much money you're using to investing 👉🏻not doing enough research before you start 👉🏼over-investing in risky/speculative investments hehe crypto 👉🏿checking your portfolio performance too often 👉🏻not diversifying asset allocation 👉🏽not reviewing and re-balancing your asset allocation when it shifts 👉🏾taking unqualified advice... shoutout to well-meaning friends!👉🏻investing because of fomo👉🏿not understanding tax implications 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.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.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.

If you have superannuation, you're probably invested in a managed fund! In this episode Azaria and associate adviser, Nick, chat about:👉🏽the difference between managed funds & ETFs 👉🏻how managed funds operate 👉what kind of updates do investors receive on what's being bought and sold in your fund 👉🏿some of the fees to consider 👉🏼ways to invest in managed funds 👉🏾the risks involved 👉🏽tips for choosing managed funds 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.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.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.

ETFs aka exchange traded funds are growing in popularity! With ETFs, you can buy a basket of shares or assets with just the click of a button. On this episode, Azaria and associate adviser, Nick, talk about:👉🏿how buying ETFs can be an instant and cost effective way of diversifying your investment portfolio 👉what it means when an ETF tracks an index such as the ASX200 👉🏻some different types of ETFs 👉how you can make money from them 👉🏽a few of the different platforms you can purchase ETFs on 👉🏿the fees and risks to be mindful of 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.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.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.

Often the first thing that comes to mind when people hear about investing, is shares! Azaria and associate adviser, Nick, explain what it means to buy direct shares and become a shareholder. They touch on:👉🏿how you can make money 👉🏻cost of share vs it's value 👉🏽where to begin with your portfolio planning 👉staying updated on market trends 👉🏿when and where you can buy and sell 👉🏽buying international shares 👉🏻brokerage 👉risks and the importance of diversification 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.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.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.

Micro-investing offers a low-cost and easy way to enter the investing world with small sums of money. In this episode, Azaria and associate adviser, Nick, touch on:👉🏻how micro-investing works 👉what it means to invest in ETFs and managed funds 👉🏿some of the benefits, risks & downsides of micro-investing 👉🏽three of the main platforms - Raiz, Spaceship Voyager and CommSec Pocket - including fees, how much $ you need to get started and more! 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.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.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.

Associate adviser from Melbourne, Nick McGuire, joins Azaria to host a new series on investing for beginners! In this first episode, they touch on:👉what inflation means and why it's important in relation to savings and investments 👉🏿how compound interest grows your money over time 👉🏻investing vs gambling... what's the difference? 👉🏽passive and active investing strategies 👉🏿different types of investments 👉where to learn more about investing The Australian Govt's Moneysmart website has a finance glossary where you can look up money jargon: https://moneysmart.gov.au/glossary plus find heaps of helpful investing resources.Find the Moneysmart compound interest calculator here: https://moneysmart.gov.au/budgeting/compound-interest-calculatorThanks 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.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.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.

Not entirely sure what a financial adviser actually does or how they can help you? This one’s for you! In this episode, James Millard, director and head financial adviser at Sufficient Funds, joins Azaria on the podcast to touch on:👉🏻 how a financial adviser can provide value in ways that books and podcasts can’t👉 seeing an adviser vs seeing an accountant, what’s the difference?👉🏽 how advisers charge👉🏿 how to reach out to an adviser👉🏻 the process of working with an adviser👉 how to vet an adviser and find the right fit for you and your situationWondering what a first meeting would go down like? Check out the my millennial money episode where James meets with new clients, Blake and Jas, here: https://player.whooshkaa.com/episode?id=745782If you'd like to get in touch with James to chat about your situation, head to https://www.sortyourmoneyout.com/reach-outThanks 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.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.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.

You don't have to go into the property game alone, bring a friend or family member! In this episode John Pidgeon, co-host of my millennial money and my millennial property, joins Azaria for the final chapter of the property series, talking about:👉🏽the difference between buying as a married couple vs de facto couple👉🏻splitting mortgage repayments between those who buy together👉whether you can access first home buyer concessions if the other party has already accessed those👉🏿whose name goes on the title and how you can protect your ownership of the property👉🏽the importance of getting legal advice around buying a property with someone else👉🏻how to wrap up the arrangement if it ever comes time to end the agreement and move on👉🏾things to consider before pressing go - is buying together going to be the best thing for your relationship with this person?Subscribe to my millennial property for more eps about property fun: https://player.whooshkaa.com/shows/my-millennial-propertyThanks 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.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.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.

A mortgage is a big thing to sign up for, so it's important to know how it works and how you can have it set up to suit your situation. Co-host of my millennial money and my millennial property, John Pidgeon, joins Azaria to help talk through:👉🏼who sets up your mortgage and some options for how you can set up repayments (get the help of an awesome mortgage broker)👉🏾how to choose the right mortgage product for you👉a few tricks to pay off your mortgage sooner👉🏻some terminology you'll need to understand before you sign on the dotted line (fixed rate, variable rate, principle, interest, offset account, lenders mortgage insurance (LMI))👉🏼the way interest works and what a principle + interest (P+I) vs interest only loan looks likeIf you'd like to chat with someone about your situation, get in touch: https://www.sortyourmoneyout.com/reach-outSubscribe to my millennial property: https://player.whooshkaa.com/shows/my-millennial-propertyThanks 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.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.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.