money money money

Discover the significance of long-term commitment in investing and practical tips for building a robust portfolio. Learn the advantages of consistent, automated investment strategies over market speculation. Get inspired to take control of your financial future with simple, actionable advice that aims for sustainable growth.

Sky, a nurse from Perth and self-described spender, shares her remarkable financial journey. After calling off her engagement, she saved $75k for a house deposit while embracing a travel-loving lifestyle. Sky reflects on spending $10k on braces, emphasizing her lack of regret. She discusses navigating financial literacy post-breakup and offers candid advice for those feeling uncertain in their relationships. Her story highlights the balance between self-improvement and financial stability, making for a captivating and relatable listen.

In this insightful discussion, Jacqui Clarke, a multi-award-winning author and seasoned business executive, shares her expertise on financial management. She talks about the importance of taking ownership of your finances and aligning spending with personal values. Jacqui also delves into creating passive income streams, the pitfalls of overspending, and navigating financial transitions, particularly post-divorce. With practical strategies and personal anecdotes, she empowers listeners to build a secure financial future.

Barbara van der Merwe, creator of the Mandy Money resource for high school financial education, discusses the urgent need to teach teens about personal finance. She shares effective strategies for engaging in money conversations that foster understanding and reduce anxiety around financial differences among peers. The podcast highlights how Mandy Money aligns with school curriculums and emphasizes the importance of introducing financial literacy early. Barbara also teases her upcoming board book for younger children, aiming to cultivate money-smart habits from a young age.

Josh de Buelle, a mortgage broker from Finex in Perth, shares valuable insights about the revamped First Home Guarantee scheme. He explains the new price caps, the removal of income limits, and why strategy is key before diving into any scheme. A fascinating case study reveals a couple's plan to secure an investment property for future living, emphasizing the importance of aligning financial goals with market conditions. The discussion also explores the emotional and financial hurdles faced by first-time buyers in today's housing landscape.

It's everyone's favourite time of year - tax time! In this episode Glen and Erin Davis, chartered accountant and money coach, dig into *everything* from lodging returns to claiming WFH expenses. They touch on:👉🏾 back paid income👉🏿 lodging late returns👉🏻 key lodgement dates👉 teenagers and their income👉🏼 side hustle income and deductions👉🏽 salary sacrifice and HELP debt👉🏾 the Division 293 super tax👉🏿 claiming capital losses against future gains👉🏻 selling CBA shares after 25 years👉 how long to wait for proper tax-related reporting👉🏼 moving from sole trader to a trust👉🏽 how business income affects your personal income👉🏾 working from home deductionsCheck out Erin's details here: https://www.erindavis.com.au/Learn how to be a better investor with 'The Quick-Start Guide to Investing' book: https://amzn.to/4dE11aimoney money money is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auWe hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), click here.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 (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs.SYMO Interactive Pty Ltd & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

Vince Scully, financial expert from Life Sherpa, dives into the captivating realm of alternative assets. He discusses trends in hedge funds, private equity, and even exotic investments like pink diamonds and classic watches. The conversation reveals the importance of diversification and the unpredictability of 'sexy' investments. Scully shares insights on navigating the complexities of the investment landscape, including the balance between passion projects and serious financial goals, all while tackling the myths around market returns.

Mark Dombkins, a part-time math teacher and founder of Forever Projects, shares insights into supporting women in Tanzania. He discusses an upcoming climb of Mount Kilimanjaro created to raise awareness and funds, emphasizing their unique 100% charity giving model. The conversation highlights their impressive achievements, including over $2 million raised to support families. Mark also explores transformative programs for mothers and the powerful impact of generosity, inspiring listeners to engage meaningfully with charitable causes.

John Pidgeon and Rach Croon share valuable insights on purchasing your first property, highlighting strategic planning and saving tips. They dissect the decision-making process between buying a home or an investment property. The duo discusses the benefits of professional property management versus self-management risks. They also touch on current market trends and the complexities of securing loans, emphasizing the importance of early financial planning and government support for first-time buyers.

The discussion revolves around the proposed 15% tax on superannuation balances exceeding $3 million, set to start in July 2025. The complexities of taxing unrealized gains are dissected, showcasing historical attempts and the challenges involved. The impact on farmers and future generations in relation to wealth distribution is also explored. Public reactions highlight fairness concerns, particularly regarding taxing paper gains, and the need for a more equitable taxation policy is emphasized amid evolving financial landscapes.