Share

cover art for 705 special strata levy, investing for niece & nephews, SMSF investment, Spaceship + more

money money money

705 special strata levy, investing for niece & nephews, SMSF investment, Spaceship + more

Season 7
โ€ข

In today's episode Glen and financial adviser Jess Brady answer your questions! Glen and Jess chat about:


๐Ÿ‘‰๐Ÿป buying an apartment / buying into strata

๐Ÿ‘‰ gifting shares to a teenager

๐Ÿ‘‰๐Ÿผ investing through SMSF

๐Ÿ‘‰๐Ÿฝ moving shares out of Spaceship

๐Ÿ‘‰๐Ÿพ record keeping for tax time

๐Ÿ‘‰๐Ÿฟ how much do I charge for renting out my farm for an event?


Related episodes ๐ŸŽง


631b investing for kids (the 6 ways) part 1

631c investing for kids (the FAQs) part 2


Grab Johnโ€™s new book, Sort Your Property Out & Build Your Future


Book a clarity call with Jess Brady: https://bit.ly/48XKImm


Subscribe to Jess's show Financially Fierce, coming soon! ๐Ÿ‘‡๐Ÿผ


Subscribe on Apple Podcasts

Subscribe on Spotify


Book club ๐Ÿ“š This month we're reading, The Psychology of Money by Morgan Housel. Find it on:


Booktopia: https://booktopia.kh4ffx.net/YgP7ZJ

Amazon: https://amzn.to/46tTAzq


Thanks to Sphere Home Loans for supporting the Tuesday show! Need a mortgage broker? Connect with the team here


We 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, 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.

More episodes

View all episodes

  • 750 adviser red flags, finfluencers, financial advice as a career + what would you do with $20k

    55:05||Season 7
    In today's episode Glen sits down with financial advisers Nicole Gardner, Hannah Elliot and Bec Pritchard live at the Financial Advice Association of Australia's National Congress. They chat about how the industry is evolving, the rewarding parts of their jobs, red flags when choosing an adviser and the steps to become an adviser in Australia. Thanks to Sphere Home Loans for supporting the Tuesday show! Need a mortgage broker? Connect with the team hereWe 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.
  • 749b mms: career change at 34 - Josh is in the process of moving from construction

    38:08||Season 7
    In this my money story, Glen chats with Josh, a 34 year old listener transitioning from construction to financial services. Josh's story touches on selling his first home to fund his degree, balancing family life with full time study and the steps he's taken to make the move. This episode is a great example that career changes are possible if youโ€™re willing to take action.ย Thanks to Skye Wealth for supporting our Thursday show! Connect with the team hereWe 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.
  • 749 what to do with $200k, salary packaging & HELP debt, mini property development & inheritances for grandkids

    48:04||Season 7
    In today's episode, guest hosts Jess Brady from Financially Fierce and John Pidgeon from this is property answer your questions, covering:๐Ÿ‘‰๐Ÿพ Is there a way to calculate how much to salary package to pay off HECS?๐Ÿ‘‰ considerations for sub-dividing or buying an investment property๐Ÿ‘‰๐Ÿผ advice for using a $200k windfall towards goals๐Ÿ‘‰๐Ÿฝ keeping an inheritance safe for grandkids ๐ŸŽง Financially Fierce: everything you need to know before buying your first home (with Em Wallace) ๐Ÿ‘‡Listen on Apple Podcast hereListen on Spotify hereHow to Subscribe to the Retire Right podcast (video): https://www.youtube.com/watch?v=DNDhMT2WJE4Thanks to Sphere Home Loans for supporting the Tuesday show! Need a mortgage broker? Connect with the team hereWe 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.
  • 748b airbnb taxation, CGT exemptions, 6 year rule + money coaching with Erin Davis

    01:00:40||Season 7
    Managing an Airbnb or short-term rental sounds like easy cash, but what about the tax side of things? In this episode, Glen and accountant-turned-money-coach Erin Davis break down everything you need to know about tax obligations, record keeping, and even the CGT implications for short-term rentals. Erin also shares her journey from a decades-long career in accounting to empowering women in business with financial confidence through money coaching. The touch on:๐Ÿ‘‰๐Ÿป income from short-term rentals - what you need to declare๐Ÿ‘‰ record-keeping tips to avoid ATO headaches๐Ÿ‘‰๐Ÿพ calculating deductions for Airbnb income๐Ÿ‘‰๐Ÿฝ how renting a room impacts your CGT exemption๐Ÿ‘‰๐Ÿฟ the six-year rule for principal place of residence๐Ÿ‘‰๐Ÿผ what to do before renting part of your propertyCheck out Erin's podcast, The Erin Davis Show wherever you're listening to this podcast.Thanks to Skye Wealth for supporting our Thursday show! Connect with the team hereWe 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.
  • 748 vaping, recreational drugs, genetic testing + more (life insurance Q&A)

    01:18:58||Season 7
    Let's talk life insurance! Financial adviser Phil Thompson from Skye Wealth joins Glen on this episode to answer all your spicy questions including:๐Ÿ‘‰๐Ÿป can insurance companies ask you to do a genetic test?๐Ÿ‘‰ how do insurers consider vaping and recreational drugs?๐Ÿ‘‰๐Ÿผ help! I lost my insurance cover when I switched super funds๐Ÿ‘‰๐Ÿพ can I get insurance if Iโ€™m terminally ill?๐Ÿ‘‰๐Ÿฟ why you shouldnโ€™t move insurers regularlyย ๐Ÿ‘‰๐Ÿฝ trying to apply for cover while investigating a health concern๐Ÿ‘‰๐Ÿป getting exclusions or loadings removed๐Ÿ‘‰ can I reapply for cover if I've been denied in the past๐Ÿ‘‰๐Ÿผ stepped vs level premiums and are level premiums a scam?๐Ÿ‘‰๐Ÿฝ getting cover with pre-existing conditions๐Ÿ‘‰๐Ÿพ life insurance for childrenThanks to Skye Wealth for supporting this episode! Connect with the Skye Wealth team here๐Ÿ“’ Sort Your Career Out & Make More Money by Shelley Johnson & Glen James: https://amzn.to/3B1rQaBWe 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.
  • 747b wwgd: Jane's Nan has offered $90k to help buy a property

    53:52||Season 7
    In todayโ€™s episode Glen chats with Jane* about her financial, career, and living situation, exploring the exciting options ahead. From a potential career pivot into the arts to a $90k boost from nan to help her and her sisters enter the property market, Jane has some big decisions to make. *Name changed for anonymity.Thanks to Skye Wealth for supporting our Thursday show! Connect with the team hereWe 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.
  • 747 potential HELP debt changes, choosing the best super fund, ETFs inside super + the life insurance in super scandal

    01:10:46||Season 7
    In today's episode Glen and Vince Scully from Life Sherpa discuss:๐Ÿ‘‰๐Ÿฟ proposed Government changes to reduce student loans๐Ÿ‘‰๐Ÿป choosing the best super fund for you๐Ÿ‘‰ default insurance within super๐Ÿ‘‰๐Ÿผ and buying ETFs within superThanks to Sphere Home Loans for supporting the Tuesday show! Need a mortgage broker? Connect with the team hereWe 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.
  • 746b mortgage broker Q&A (turning your PPOR into an investment, renovation loans, kids & borrowing capacity + more)

    01:00:44||Season 7
    In today's chat, Rachelle Kroon from Sphere Home Loans joins Glen to answer all your questions touching on:๐Ÿ‘‰๐Ÿพ benefit of using a broker vs direct to bank๐Ÿ‘‰๐Ÿฟ will a mortgage broker help someone get a loan under $250k?๐Ÿ‘‰๐Ÿป how much does having a child impact borrowing capacity?๐Ÿ‘‰ borrowing capacity upon returning from mat leaveย ๐Ÿ‘‰๐Ÿผ using equity to buy a new PPOR๐Ÿ‘‰๐Ÿฝ what after-settlement service can you expect from brokers?๐Ÿ‘‰๐Ÿพ renovation loans๐Ÿ‘‰๐Ÿฟ financial hardship assistance & impact on refinancing๐Ÿ‘‰๐Ÿป how does applying for lending impact your credit score?๐Ÿ‘‰ do mortgage brokers get kickbacks from developers?๐Ÿ‘‰๐Ÿผ building a granny flat on your propertyThanks to Sphere Home Loans for supporting this episode! Need a mortgage broker? Connect with the team hereWe 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.
  • 746 financial gifts in Australia, making your house an investment property, brokerage account fees + active vs passive

    57:25||Season 7
    In today's Q&A Glen and John talk about:๐Ÿ‘‰๐Ÿป are flights to check on your investment property tax deductible?๐Ÿ‘‰ financial implications for turning your home into an investment๐Ÿ‘‰๐Ÿผ do you need to pay tax on financial gifts from overseas?๐Ÿ‘‰๐Ÿฝ investment platforms & brokerage fees๐Ÿ‘‰๐Ÿพ the VAP and VSO ETFsThanks to Sphere Home Loans for supporting the Tuesday show! Need a mortgage broker? Connect with the team hereWe 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.