Share

cover art for 547b debt recycling & gearing to invest

money money money

547b debt recycling & gearing to invest

Season 5
โ€ข

Today's episode is a debt recycling deep dive! Friend of the show and financial adviser Paul Benson joins us to help break down the concept of debt recycling and answer all your questions about it. The episode touches on:


๐Ÿ‘‰ what IS debt recycling?

๐Ÿ‘‰๐Ÿผ debt recycle with PPOR or investment, interest only or P&I?

๐Ÿ‘‰๐Ÿฝ how much equity should you have before debt recycling?

๐Ÿ‘‰๐Ÿพ how do interest rates affect your debt recycling strategy?

๐Ÿ‘‰๐Ÿฟ would a gearing strategy or debt recycling suit your goals better?

๐Ÿ‘‰๐Ÿป how to calculate the benefit

๐Ÿ‘‰ how would lending work

๐Ÿ‘‰๐Ÿผ how often should we invest?

๐Ÿ‘‰๐Ÿฝ is it best to engage a planner or accountant in the process?

๐Ÿ‘‰๐Ÿพ do you have to turn off DRP to debt recycle?

๐Ÿ‘‰๐Ÿฟ couples - does it matter whoโ€™s name the shares are under?

๐Ÿ‘‰๐Ÿป considerations for sole traders

๐Ÿ‘‰ who would debt recycling suit

๐Ÿ‘‰๐Ÿฝ when wouldnโ€™t you do a debt recycling strategy


The Psychology of Money: https://amzn.to/3FazrD9


๐ŸŽง Financial Autonomy - take a listen to Paul's podcast!


๐Ÿ›‘ Please read our disclaimer + warnings before listening to this episode


๐Ÿก Join the mmm facebook group


๐Ÿ’ธ Quick links to $20 off The Glen James Spending Plan, Glenโ€™s book & other resources


my millennial money is produced by SYMO interactive

More episodes

View all episodes

  • 914 mortgage update (fix or stay variable, IO extensions, bridging loans, FHB schemes + more)

    01:40:08||Season 9
    Youโ€™ve been saving long enough โ€“ letโ€™s get you a property. Check out, 'The Quick-Start Guide to Your First Property': https://amzn.to/4svhyoHTime for a quarterly lending landscape update! Glen is joined by Joe Carroll, Director at Sphere Home Loans to answer your questions about:๐Ÿ‘‰๐Ÿผ coming off a fixed rate๐Ÿ‘‰๐Ÿฝ fixed vs variable - what to know before you fix๐Ÿ‘‰๐Ÿพ split loans๐Ÿ‘‰๐Ÿฟ extending an interest-only period๐Ÿ‘‰๐Ÿป how often should you be in contact with your broker?๐Ÿ‘‰ how LVR and interest rates work and when to negotiate a better rate๐Ÿ‘‰๐Ÿผ pros & cons of bridging loans๐Ÿ‘‰๐Ÿฝ self employed / other income with mortgage applications๐Ÿ‘‰๐Ÿพ use home equity or traditional car finance to purchase a car๐Ÿ‘‰๐Ÿฟ 5% deposit scheme & cash buffer restrictions๐Ÿ‘‰๐Ÿป how do foster children impact home loan applicationsย Learn how to be a better investor with 'The Quick-Start Guide to Investing' book: https://www.moneypodcast.com.au/storemoney 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.auApply to be a guest! https://www.moneypodcast.com.au/apply-to-come-on-the-show๐Ÿก Join our Facebook community: https://bit.ly/m3fbgroupWatch us on Youtube: https://www.youtube.com/@m3.podcastCheck out all our show resources: https://www.moneypodcast.com.au/mmmshownotesThis content is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs.You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions within our content for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we donโ€™t know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. Guest opinions are theirs and their respective licence holders. SYMO Interactive Pty Ltd and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Please read our Financial Services Guide at moneypodcast.com.au.
  • 913b they won the lottery: here is how they invested it

    01:02:11||Season 9
    Learn how to be a better investor with 'The Quick-Start Guide to Investing' book: https://www.moneypodcast.com.au/storeWhat happens after you win $30 million? In this episode, Glen is joined by financial adviser Martin McGrath to unpack a real case study of a couple who won big and needed to figure out what to do next. They talk about:๐Ÿ‘‰๐Ÿผ the case study๐Ÿ‘‰๐Ÿฝ the coupleโ€™s goals๐Ÿ‘‰๐Ÿพ what they did with the money first๐Ÿ‘‰๐Ÿฟ Martinโ€™s fee for advice๐Ÿ‘‰๐Ÿป tax planning strategy๐Ÿ‘‰ investment returns๐Ÿ‘‰๐Ÿผ topping up super๐Ÿ‘‰๐Ÿฝ having a 'boring' strategy๐Ÿ‘‰๐Ÿพ did they DCA or lump sum invest?money 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.auApply to be a guest! https://www.moneypodcast.com.au/apply-to-come-on-the-show๐Ÿก Join our Facebook community: https://bit.ly/m3fbgroupWatch us on Youtube: https://www.youtube.com/@m3.podcastCheck out all our show resources: https://www.moneypodcast.com.au/mmmshownotesThis content is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs.You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions within our content for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we donโ€™t know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. Guest opinions are theirs and their respective licence holders. SYMO Interactive Pty Ltd and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Please read our Financial Services Guide at moneypodcast.com.au.
  • 913 LOOT, rentvesting in your 40's, rent-to-rent, is buying a home still possible + more

    50:36||Season 9
    Youโ€™ve been saving long enough โ€“ letโ€™s get you a property. Check out, 'The Quick-Start Guide to Your First Property': https://amzn.to/4svhyoH In today's episode, Glen is joined by financial adviser Alex Luck from Everest Wealth to discuss your questions:๐Ÿ‘‰๐Ÿผ what does LOOT mean to you?๐Ÿ‘‰๐Ÿฝ rentvesting in our 40s, where to begin?๐Ÿ‘‰๐Ÿพ invest in shares or smash the mortgage/offset?๐Ÿ‘‰๐Ÿฟย is a rent to rent property strategy worth it?๐Ÿ‘‰ is saving for a house deposit still worth it? Learn more about Everest Wealth: everestwealth.moneymoney 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.auApply to be a guest! https://www.moneypodcast.com.au/apply-to-come-on-the-show๐Ÿก Join our Facebook community: https://bit.ly/m3fbgroupWatch us on Youtube: https://www.youtube.com/@m3.podcastCheck out all our show resources: https://www.moneypodcast.com.au/mmmshownotesThis content is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs.You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions within our content for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we donโ€™t know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. Guest opinions are theirs and their respective licence holders. SYMO Interactive Pty Ltd and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Please read our Financial Services Guide at moneypodcast.com.au.
  • 912b wwgd: Selina can buy property or shares, but why is Glen unsure of both?

    44:59||Season 9
    Selinaโ€™s done an amazing job building wealth, but when she asks Glen whether she should buy an investment property, invest more in ETFs or keep stacking offset, his answer is unexpected.Want to be a guest on the show? Apply here! https://www.moneypodcast.com.au/apply-to-come-on-the-showWatch money money money on Youtube: https://www.youtube.com/@m3.podcastLearn how to be a better investor with 'The Quick-Start Guide to Investing' book: https://www.moneypodcast.com.au/storemoney 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 donโ€™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.
  • 912 startup equity, inheriting $1m, debt clean up, taking a pay cut & mortgage vs invest

    01:04:49||Season 9
    In this Q&A Glen is joined by financial adviser Alex Luck from Everest Wealth to answer your questions:๐Ÿ‘‰๐Ÿผ pros & cons of taking lower paid job at a startup vs staying freelance๐Ÿ‘‰๐Ÿฝ how to maximise $1M inheritance in mid 30s๐Ÿ‘‰๐Ÿพ paying down consumer debt & getting mortgage-ready๐Ÿ‘‰๐Ÿฟ clear debt or invest instead?๐Ÿ‘‰๐Ÿป when HELP debt should and shouldnโ€™t be paid off๐Ÿ‘‰ invest vs pay down the mortgageGlen's book, Sort Your Money Out & Get Invested: https://www.moneypodcast.com.au/resourcesEverest Wealth: https://everestwealthgroup.com.au/Want to be a guest on the show? Apply here! https://www.moneypodcast.com.au/apply-to-come-on-the-showWatch money money money on Youtube: https://www.youtube.com/@m3.podcastLearn how to be a better investor with 'The Quick-Start Guide to Investing' book: https://www.moneypodcast.com.au/storemoney 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 donโ€™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.
  • 911b wwgd: Jake & Kiera in fresh relationship, existing assets, goals & bringing it all together

    51:34||Season 9
    Jake & Kiera have built strong financial foundations individually and now theyโ€™re figuring out how to bring it all together in a new relationship. In this What Would Glen Do episode, they talk about:๐Ÿ‘‰๐Ÿผ Jake and Kieraโ€™s current situation๐Ÿ‘‰๐Ÿฝ Glen runs through the sound financial house๐Ÿ‘‰๐Ÿพ properties, assets & investments ๐Ÿ‘‰๐Ÿฟ Kiera's new career plans๐Ÿ‘‰๐Ÿป their shared goals to get a new PPOR, travel & live life on their own terms๐Ÿ‘‰ what Glen would do๐Ÿ‘‰๐Ÿผ structuring property ownership & protecting against future risksWant to be a guest on the show? Apply here! https://www.moneypodcast.com.au/apply-to-come-on-the-showWatch money money money on Youtube: https://www.youtube.com/@m3.podcastLearn how to be a better investor with 'The Quick-Start Guide to Investing' book: https://www.moneypodcast.com.au/storemoney 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 donโ€™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.
  • 911 Glen's banking system, loan split for IP, physio career change, credit card points + more

    01:20:00||Season 9
    In this Q&A, Glen James and John Pidgeon chat about:๐Ÿ‘‰๐Ÿผ bank account structure๐Ÿ‘‰๐Ÿฝ loan splits on your PPOR to purchase investment properties๐Ÿ‘‰๐Ÿพ buying a car with finance or equity๐Ÿ‘‰๐Ÿฟ a hospital physio who wants a career change๐Ÿ‘‰๐Ÿป if you had a full year off work on your current pay, what would you do with your time?๐Ÿ‘‰ credit cards and their impact on your credit score/rating๐Ÿ‘‰๐Ÿผ should I use half my emergency fund to get solar?Check out the Glen James Spending Plan here: https://education.moneypodcast.com.au/courses/the-glen-james-spending-planWant to be a guest on the show? Apply here! https://www.moneypodcast.com.au/apply-to-come-on-the-showWatch money money money on Youtube: https://www.youtube.com/@m3.podcastLearn how to be a better investor with 'The Quick-Start Guide to Investing' book: https://www.moneypodcast.com.au/storemoney 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 donโ€™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.
  • 910c tax white paper, war, oil prices, inflation, interest rates, first home vs investment property + more (campfire chat)

    02:50:49||Season 9
    Join us (Jess Brady, Vince Scully & Glen James) for an informal long-form chat about anything and everything. Recorded on Friday 13 March 2026. Mixed and mastered by Glen (sorry team isn't working on Sat) and was dealing with a tech difficulty with Vince' mic. Due to some other tech issues with our recorder having a meltdown, this episode will not be on YouTube (sad face).Jess' new book: https://amzn.to/4lvIUIIAny 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.
  • 910b wwgd: new house & a cashflow crisis coming + did GJ spot a red flag?

    47:22||Season 9
    In this "what would Glen do" episode, Julie* and her fiancรฉ recently built a home but now a major career change means their household income is about to drop. With a big mortgage, wedding costs coming up and plans to start a family, Julie wants to know: do they need to sell the home? How can they afford everything? Glen and Julie unpack:๐Ÿ‘‰๐Ÿผ her dilemma๐Ÿ‘‰๐Ÿฝ salaries, career change & income drop๐Ÿ‘‰๐Ÿพ emergency fund, savings & debts๐Ÿ‘‰๐Ÿฟ spending plan, insurance & financial foundations๐Ÿ‘‰๐Ÿป super balances and financial position๐Ÿ‘‰ the mortgage and house value๐Ÿ‘‰๐Ÿผ lifestyle costs and hobbies๐Ÿ‘‰๐Ÿป career values and long term plans๐Ÿ‘‰๐Ÿฝ Glen raises some potential red flags๐Ÿ‘‰๐Ÿพ and shares what he would do in their situation*Name changed for privacyย ๐Ÿ“˜ Sort Your Career Out & Make More Money by Glen James & Shelley Johnson: https://www.moneypodcast.com.au/resources#booksWant to be a guest on the show? Apply here! https://www.moneypodcast.com.au/apply-to-come-on-the-showWatch money money money on Youtube: https://www.youtube.com/@m3.podcastLearn how to be a better investor with 'The Quick-Start Guide to Investing' book: https://www.moneypodcast.com.au/storemoney 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 donโ€™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.