Australian Finance Podcast

In this episode of the Australian FInance Podcast, Owen and Gemma are back for your weekly Q&A and answering your questions! Don't forget to subscribe for weekly shows on Apple, Spotify, YouTube or wherever you get your podcasts. And send in your questions via the link below. Topics covered today: How international students can invest in Australia during their study and post-study visa period The “pink tax”: budgeting for the extra costs women face – is it discretionary or a separate category and how to save some money LICs vs ETFs: what to do if you accidentally bought a Listed Investment Company The best platforms for micro-investing for absolute beginners (especially if you’ve got a short attention span)Plus, we want to hear from you! What same item have you seen cost more purely when marketed to different people? Resources for this episode Budget Episode https://youtu.be/HnXXb50BtD8 PreSales for Gemma’s book The Money Reset- The Money Reset: Take Control of Your Money and Your Life : Mitchell, Gemma: Amazon.com.au: Books Ask a question (select the Finance podcast): https://bit.ly/R-quest  ~~ Show partner resources ~~Join Pearler using code “RASK” for $15 of Pearler Credit: https://bit.ly/PearlerGet 50% off your first two months using PocketSmith: https://bit.ly/R-PocketSmithView Betashares range of funds:  https://bit.ly/beta-25~~ Rask resources ~~All services: https://bit.ly/R-servicesFinancial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover a practical roadmap for first-time property buyers in 2025. Learn why having the right team, including mortgage brokers and accountants, is crucial. Understand the auction risks with real estate agents and the benefits of hiring a buyer’s agent. Find out if you really need a 20% deposit and why risky investments for deposits are a bad idea. Explore the First Home Super Saver Scheme and how to craft a powerful property brief. Plus, gain smart savings habits to prepare you for a successful purchase!

Cameron Gleeson from BetaShares, a leader in crypto ETFs, shares insights into the rising trend of cryptocurrency investment. He discusses why Bitcoin is dubbed ‘digital gold’ and the role of institutional adoption in making crypto mainstream. Gleeson explores the pros and cons of crypto ETFs versus direct ownership and introduces the concept of 'getting off zero,' encouraging investors to start small. He highlights how a minor allocation to crypto could enhance portfolio performance and the importance of understanding the evolving regulatory landscape.

Join Owen and Gemma as they tackle exciting questions about personal finance and investment. Discover how nostalgia, like Pokémon card collecting, can yield surprising returns. They discuss practical approaches to starting an investment journey in your 30s and the pros and cons of managing annual expenses. Learn the ins and outs of setting up kids' investment accounts and the importance of teaching financial literacy to the next generation. Plus, get inspired to explore the next big collectibles craze!

Dive into the essentials of cash flow management with five actionable steps designed to simplify budgeting. Discover the importance of categorizing accounts to match your spending habits and the power of automation in tracking finances. The discussion emphasizes adaptability, encouraging listeners to evolve their budgeting as life changes. Plus, there's guidance on seeking personalized financial advice while exploring valuable resources for further learning. Perfect for a quick financial refresh over your morning coffee!

A powerful personal story unfolds as Wade recounts his life-changing heart attack at 41. He shares vital lessons on the importance of having effective insurance and preparation for health crises. The emotional and practical challenges he faced reveal the deep impact on his family and finances. Wade emphasizes the need for clear communication about wishes and highlights the necessity of legal preparedness, urging listeners to prioritize early financial planning to safeguard their futures.

Owen celebrates becoming a dad and shares heartfelt life lessons for his son, blending wisdom about money and personal values. He discusses the importance of taking risks while also practicing altruism, emphasizing how helping others enriches both personal and community life. The conversation touches on mindful investments in resources, creativity, and the significance of mental well-being through journaling. Listeners are encouraged to seek personalized financial advice and engage in continuous learning.

This week, a bold $100,000 investment into Exchange-Traded Funds is discussed amidst market uncertainty. The host shares insights on the importance of diversification and how to navigate challenging times without trying to time the market. He also emphasizes the necessity of proper financial advice for those feeling anxious about their investments. Listeners will learn about the strategies behind such a hefty investment and the value of embracing long-term planning even when the landscape looks rocky.

In this discussion, guest Claude Walker, Founder of A Rich Life and experienced investor, shares his insights on navigating market turmoil. He emphasizes the importance of maintaining a long-term perspective during downturns and highlights strategies like diversifying portfolios and focusing on strong company management. Claude also discusses the benefits of currency-hedged gold ETFs as safe havens and provides practical advice for evaluating investments. Listeners gain valuable tips on avoiding panic selling and making informed financial decisions.

Victoria Vivente, founder of Bad Bitch Money and author of Know Your Worth, shares her journey from financial counselor to advocate for financial healing. She discusses the crucial role of financial counseling in supporting those facing tough times and emphasizes the importance of financial literacy. Victoria offers practical advice on connecting with your future self and building lasting financial habits. She reflects on what she wishes she knew about money in her 20s, highlighting the emotional aspects of financial decisions and the necessity of empathy in finance.