money money money

Strap in folks! Vince is back and with Glen they share a campfire chat about ETF's and investing, going deeeeeep (1.5 hours deep hehe). The convo touches on:👉🏿what ETF's are, how they came about, the overall concept and the basics of how they work👉🏽some of the terminology you'll hear thrown around in the space and what they mean👉🏻the many options available to you out there, and how to start thinking about which one is right for your situation👉🏾questions around ETF's from the m3 community including:👉Q1: how diversified should you be with your ETF investments?👉🏿Q2: what platforms and brokers can you use to buy ETF's and what are the differences?👉🏻Q3: how to build a solid ETF strategy with so many out there in Australia and globally?👉🏽Q4: ETF's that are tracking the ASX 200 are heavily weighted towards Aussie banks, do you see this as an issue with diversification? Do large amounts of wealth or increased population or popularity of ETF's distort over the value of the individual stocks in these indexes and what are the implications for market efficiencies?👉🏾Q5: Let's say you have $2k in Raiz and $2k in Spaceship - is it more beneficial to have everything in one just for compounding interest?👉Q6: How much would you aim to put into an ETF when you first start?👉🏿Q7: I've heard a lot about VDHG, would be interested to hear if you think it really is set and forget?Here's a link to Glen's Investing Night School that walks you through all the basics of investing: https://education.mymillennial.money/courses/glen-s-online-investing-schoolHere's the previous episode around micro-investing apps out there: https://player.whooshkaa.com/episode?id=641788Check out the previous campfire chat with Glen and Vince around Gamestop: https://player.whooshkaa.com/episode?id=785498Here's the ASIC Financial Adviser Register: https://moneysmart.gov.au/financial-advice/financial-advisers-registerCheck out Glen's Personal Financial Plan to see how he invests: https://bit.ly/glenspersonalplanHere's the study Glen mentions, 'Trading is hazardous to your wealth': http://faculty.haas.berkeley.edu/odean/papers%20current%20versions/Individual_Investor_Performance_Final.pdfGet $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.

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_AcuU0Send your questions to questions@mymillennial.money!Check out Amanda's previous episode around financial abuse: https://player.whooshkaa.com/episode?id=545413Get $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.

Tim Harford is an economist, journalist, author and podcaster - and Glen is a HUGE fan! Very exciting and such an honour to have him as a guest on the show. In this episode they chat about:👉🏿his Cautionary Tales podcast: https://timharford.com/etc/more-or-less/👉cognitive bias and how we perceive facts, events and situations👉🏽how statistics can be bent and shaped to support certain perspectives👉🏾the importance of checking ourselves and ensuring we're considering all angles before digging our heels insome of the interesting examples Tim refers to on his podcast and in his books - cigarettes, Mars' orbit, Florence Nightingale and GalileoCheck out Tim’s Book, “How to Make the World Add Up”: http://booktopia.kh4ffx.net/DV0Y4qRead more about Tim Harford here: https://timharford.com/Check out some of Florence Nightingale's graph work here: https://www.theguardian.com/news/datablog/2010/aug/13/florence-nightingale-graphicsLearn more about the GameStop situation mentioned: https://player.whooshkaa.com/episode?id=785498Get $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.

We're celebrating International Women's Day a little longer, so in this episode the Jess's from the m3 team have taken over as hosts! One of the Jess's did Frugal February so together the ladies talk through how it went, what worked and where things could be done better in future. The chat touches on:👉🏽a little breakdown and analysis of the areas where Jess was able to save money👉🏾the sneaky hacks Jess used to save cash - specific to her situation👉🏿how important it is to know why you're choosing to be frugal👉designing a frugal lifestyle specific to your needs, goals and situation👉🏽read about the 5 French mother sauces here: https://food52.com/blog/12209-the-five-mother-sauces-every-cook-should-know👉🏾read the list of budgeting hacks here: https://www.sortyourmoneyout.com/blog/2020/3/3/glen-and-johns-top-21-budgeting-hacksHere's the 35 hacks Jess used to help achieve more money-saving: https://www.sortyourmoneyout.com/blog/2021/3/1/35-money-saving-tipsGet $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.

Today is International Women's Day! Sending big love and vibes to all the women out there who make this world what it is! In this episode Marlee Silva joins Glen to share her story. Marlee is a born storyteller, a proud Gamilaroi/Dunghutti woman, podcaster, writer and all-round creative. They chat about:👉🏾what she has planned for her podcast this year (subscribe link below ⬇)👉🏽the dreams she had for her life and how they've unfolded👉🏿the opportunities she's had and how she navigated them👉her experience with money growing up - and how that's changed over time👉🏻what it was like finding and using the services of a financial adviser👉🏿the way she handles challenges and is turning things around for goodFollow Marlee on Insta: https://www.instagram.com/marlee.silva/?hl=enCheck out Marlee's book, 'My Tidda, My Sister': https://booktopia.kh4ffx.net/Zdb9rqSubscribe to Marlee's podcast, 'Always was, always will be our stories': https://open.spotify.com/show/1TMZMcKnu2xQXfrPHvdMMZ?si=p6DLGya-Q0-rGNQY4z6fOAand 'Tiddas 4 Tiddas': https://open.spotify.com/show/7c1U1F364AEdRRFIlCCY1t?si=vuBPOubITi-vpIBNX3wQtgGet $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 are you performing in all areas of your life? Are you burning out or slaying? In this episode Vanessa Bennett from Next Evolution Performance joins Glen to answer some community questions, including:👉🏿Q1: how do you cope with burnout?👉🏻Q2: how to find mental health support on a low income?👉Q3: how to address when a co-worker is overworking themselves to the point it sets an unspoken precedence for the rest of the office? i.e. future deadlines set to tighter deadlines as projects are being delivered ahead of time👉🏽Q4: how do you set boundaries?👉🏾Q5: how do you perform well on your first day of a new job?👉🏻Q6 what are some of the signs of depression?👉Q7: what are some symptoms of people who are overdoing it and risking burnout?👉🏽Q8: how to maximise productivity and energy if you work at a computer all day?To access Vanessa's course, 'The Neuroscience of Getting More Done', head to https://www.nextevolutionenergy.com/ and use the code M3 (case sensitive) for $75USD off!Here are the books mentioned in the chat:Deep Work: https://booktopia.kh4ffx.net/x9E7NxAtomic Habits: https://booktopia.kh4ffx.net/aEkRRWhy We Sleep: https://booktopia.kh4ffx.net/B4QEyThe Obstacle is the Way: https://booktopia.kh4ffx.net/XxyJ0gRemember to chat with your GP if you are experiencing any issues in regards to your mental health or contact Beyond Blue on 1300 22 4636 or Lifeline on 13 11 14.Check out Vanessa's episodes on this and some of our other podcasts:👉🏻"251 becoming the best version of you: peak performance": https://player.whooshkaa.com/episode?id=450988👉🏾"creating boundaries + healthy teams in business": https://player.whooshkaa.com/episode?id=792401👉"3 ways to prevent burnout 🥵": https://player.whooshkaa.com/episode?id=791837Buy your copy of the my money journal to start achieving your goals and support the podcast at the same time: https://bit.ly/mymoneyjournalHere's the digital download version: http://bit.ly/mymoneyjournaldigitalGet $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 hosted the first my millennial money meet up for the year on the sunny Gold Coast! In this episode live audience members asked the following questions:👉Q1: What are methods for sharing finances with a partner?👉🏾Q2: How do you withdraw and use equity from a 1st property to buy a 2nd?👉🏼Q3: What are some of the tax deductions you can claim on an investment property? + what is depreciation and a depreciation schedule?👉🏽Q4: Is it worth buying shares for businesses like Afterpay & Zip Pay?👉🏻Q5: Is it worthwhile using Afterpay & Zip Pay if you do have the money upfront but want to split the cost into a series of payments?Send your questions for the show to questions@mymillennial.moneyCheck out the my millennial money express series about emergency funds:👉🏾Part 1: https://player.whooshkaa.com/episode?id=789775👉Part 2: https://player.whooshkaa.com/episode?id=789779Here's the my millennial property episode about depreciation:👉🏻https://player.whooshkaa.com/episode?id=780808Buy your copy of the my money journal to start achieving your goals and support the podcast at the same time: https://bit.ly/mymoneyjournalHere's the digital download version: http://bit.ly/mymoneyjournaldigitalGet $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.

Guest Nath shared their experience of building their own home and the grants they used. Topics include the process of building a home from scratch, grants and concessions utilized, help from professionals like John Pidgeon, trade-offs made, and managing money. The discussion also touches on rent vesting, buying a new home, and lockdown experiences, along with insights on financial strategies, real estate decisions as a couple, property investment options in Melbourne, constructing a home, evolving financial strategies, and risky house purchase amidst lockdown.

Share this with your mum/dad/aunty/uncle/older person in your life - it's all about money stuff for over 55s. Marc Bineham, the former president of the Association of Financial Advisers (AFA), joins Glen to answer the questions you sent in on behalf on your parents/older contacts, touching on:👉Q1: How do you actually access super and what do you do with it when you retire?👉🏽Q2: What are some good reasons for both spouses or partners not to retire at the same time? Any tips for a staggered retirement?👉🏿Q3: I'm a Boomer and finally taking an interest in my finances. I don't have a mortgage or debts, earning $50k a year and have $100k in super. After maxxing my super this year, what should I do with $30k in savings if I need it in 5 years time?👉🏽Q4: My parents asked what to do now that they've paid off their house, are maxxing out super, and are not ready to retire yet?👉🏻Q5: Getting a new mortgage close to retirement - selling one to move into a more retirement friendly house - how do our parents go about getting these loans and is it possible? Any tips for parents wanting to better their financial situations just like us?👉🏼Q6: Any tips for getting better with your financial situation?👉🏾Q7: My mum's always been a stay at home mum, and dad was always the breadwinner. She feels like she wants to leave him but has no job or money to fall on. How do you go about starting afresh in your 50s with not much work experience or money? Also, homelessness in women over 50s - is it on the rise?👉Q8: Question from a daughter: at what age should you sign as enduring Power of Attorney on behalf of your parents in relation to finances?Check out my millennial coffee, roasted by Glee Coffee Roasters: http://bit.ly/m3coffeeHere's the estate planning episodes Glen mentions:346 estate planning: wills and power of attorney (part 1): https://player.whooshkaa.com/episode?id=758594346b estate planning: dying with a blended family + Q&A (part 2): https://player.whooshkaa.com/episode?id=759534Get in touch if you're keen to chat with someone about your situation or find out more about Marc's book, The Money Sandwich, head here: https://www.sortyourmoneyout.com/reach-outGet $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 chatted with Natasha Gillezeau from the Australian Financial Review about this current issue of Facebook banning Australian news outlets.*Correction, Glen recorded this on Friday 19th Feb 2021. He thought it was the 20th at time of recording.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.