money money money

It's tax time kids! In this episode Sarah Pyke from Altus Financial joins Glen and John to answer your tax questions around:👉🏻how the ATO views crypto at tax time👉🏿tips for managing documents and receipts etc to make claims👉🏾WFH expenses ($0.52/hr + additional claims included vs $0.80/hr with no additional claims)👉claiming deductions for personal super contributions👉🏽preparing tax for the first year as a sole trader👉🏼declaring dividends as a couple👉🏾some deets around claiming charity donations👉side hustle tax tips👉🏿things you can do now to start preparing for tax👉🏽***make sure you read everything your accountant sends you clearly - the ultimate tax result is your responsibility to sign offIf you're keen to be connected to Altus Financial head over to: https://www.altusfinancial.com.au/millennial-moneyCheck out the my millennial business episode covering some tax deets for business owners: https://player.whooshkaa.com/episode?id=838250Get $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🛑 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.

The m3 tour continues, this time in the nations' capital, Canberra! Glen and John answer some great audience questions.Grab your tix now for upcoming dates on the m3 tour! https://www.sortyourmoneyout.com/tourThanks to our event partners:For the share lovers - Opentrader: https://opentraderau.lpages.co/?utm_source=MMM&utm_medium=Referral&utm_campaign=MMM_TourFor the property keen beans - Bricklet: https://bricklet.com.au/future?utm_source=MMM&utm_medium=Referral&utm_campaign=MMM_TourGet $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🛑 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.

***Trigger warning: this episode explores themes around the death of a loved one. This may be distressing for some listeners.In June 2020 Rachael’s partner, Tony, died suddenly without a Will. Rachael then had the task of sorting through the details of his estate and her own grief, without any written direction provided. Rachael (based in New Zealand) joined Glen to share her story. Special thank you to Rachael for being so honest and sharing such a personal story.Rachael also shared the things she learnt and what she wants others to prepare for so they don’t experience what she went through: http://sortyourmoneyout.com/blog/why-you-need-a-willTo get your Will and other stuff sorted, head here and we will introduce you to Aubrey Brown Lawyers: https://www.aubreybrown.com.au/m3/Grab your set of the meaningful money cards Glen uses at the start of this chat: https://www.sortyourmoneyout.com/shop/meaningful-money-cardsGet $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🛑 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.

This is the live recording from our m3 live tour - Brisbane this was you! Glen and John answer a few live audience questions.Grab your tix for upcoming events across the country, Canberra next in the line up: https://www.sortyourmoneyout.com/tourThanks to our event partners:For the share lovers - Opentrader: https://opentraderau.lpages.co/?utm_source=MMM&utm_medium=Referral&utm_campaign=MMM_TourFor the property keen beans - Bricklet: https://bricklet.com.au/future?utm_source=MMM&utm_medium=Referral&utm_campaign=MMM_TourGet $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🛑 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.

Throughout a busy swim training program, being a gold-winning Olympic swimmer and hitting some world records (!!) Grant Hackett was busy studying finance. Once his swimming career was over he knew finance was where he'd go next, and now he's the CEO of Generation Life (https://genlife.com.au/). In this episode he joins Glen to unpack:👉🏿what investment bonds are👉how you can invest for your kids👉🏻what they do at Generation Life👉🏽a bit about his personal story and what he's learnt along the wayGet $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🛑 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.

Glen and John answer your questions! This episode looks at:👉🏽I’m wanting to invest on behalf of my two kids but I want it to be fair so I’m looking for somewhere that will let me have two accounts where I can purchase the same shares – any suggestions?👉🏻I have an investment property already, however still living at my parents place at the moment. I’m 24 I wanted to move out sometime soon and live with my partner and rent somewhere closer to the city. Do you think I will regret renting or should i stay at my parents house and keep saving my money for another investment?👉🏿When building a portfolio of ETFs, do you think it is important to consider investment providers too? E.g. I have a couple of BetaShares ETFs. I am looking to purchase a 3rd ETF, and while looking to diversify assets, is it important to diversify investment companies too. Maybe I should look at Vanguard or another? I like to keep my investing tidy, and like the idea of staying with one provider of ETFs. But my thoughts are, what if BetaShares go bust?👉My partner has received an email from our accountant saying that THEY made a mistake with our tax return last year and inputting the incorrect number and we now owe $4500. They said they will take on any fees if the ATO come knocking and also refund our accountant fee. But we are wondering if there is anything else we can do? Or any advice?Grabs your tix for our m3 tour kicking off this week - yeehaw: https://www.sortyourmoneyout.com/tourHere's the meaningful money cards Glen and John had a crack with at the start of this episode: https://www.sortyourmoneyout.com/shop/meaningful-money-cardsHere’s the my millennial money express episode about modern portfolio theory: https://player.whooshkaa.com/episode?id=823906Get $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🛑 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.

Glen is joined by Matt from the Aussie Firebug blog and podcast! In this episode they chew the fat about the FIRE movement, what it is, how it works and their personal perspectives on it. Listen in folks!!Check out the Aussie Firebug blog and podcast here: https://www.aussiefirebug.com/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🛑 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.

Glen and John answer a couple of great community questions but they focus on one really juicy case study around F.I.R.E. - check it out!Send your questions (short and sweet) to questions@mymillennial.money.Grab your tix to our live events tour!! Brisbane you're up first: https://www.sortyourmoneyout.com/tourGet $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🛑 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.

How do you factor expensive hobbies into your life and money system?? In this episode Lauren joins Glen to share how she does it, and even how she's managed to make a bit of cash through it, touching on:👉🏼her expensive hobby - horses yay! 🐴👉🏿what it was like buying a property with her income and her love of horses in the mix👉🏻how owning and riding horses works when you live in the city, and some of the logistics and expenses👉how she's making some cash as a riding instructor👉🏽the mindset she has around her money and life👉🏾how she manages money with her significant otherGet ya tix for our live events - kicking off with Brisbane on Thursday 27th May: https://www.sortyourmoneyout.com/tourGet $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🛑 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.

The Australian federal budget for 2021 is here peeps! Glen and John dig into the nitty gritty of what it looks like.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🛑 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.