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807 prioritising goals: buy a home or travel + combining shares with partner
Should you prioritise buying a home or going on a big trip? Whatโs the best way to invest while saving for a big goal? And if you're in a relationship, should you combine your investing accounts or keep them separate? Glen and John unpack some listener questions in todayโs episode, touching on:
๐๐ป balancing big financial goals
๐ buying a house vs travelling
๐๐ผ where to park your savings while you wait
๐๐ฝ combining investment accounts with a partner
ย ๐ The Quick-Start Guide to Investing by Glen James & Nick Bradley ๐
Amazon: https://amzn.to/3QNNrbv
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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.
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12 Months to Retire Right is out now! a look inside the book & what to expect
36:29||Season 9Get our new book, 12 Months to Retire Right, out now! https://link.amazon/B07u9ZQgEFor most Aussies, retirement raises two big questions: what will I do with my time and will my money last? In today's episode Glen and co-author Vince Scully unpack their step-by-step guide, 12 Months to Retire Right which is officially available online and in stores today. They touch on:๐๐ผ the 12 chapters in the book๐๐ฝ the retirement myth Vince says he sees the damage of every single day๐๐พ what super actually is, and why it's worth understanding at any age๐๐ฟ how to get the right advice, from the right place, at the right time๐๐ป mortgage, super, or invest?๐ what to know before you trust an online retirement calculator๐๐ผ why property is great for building wealth but gets clunky in retirementThis 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 donโt 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.
943 company shares, negative gearing, reno before selling, buying a gym business + more
01:15:28||Season 9Get our new book, 12 Months to Retire Right: https://link.amazon/B07u9ZQgE In today's Q&A, Glen and John chat about: ๐๐ผ what should I do with my company shares after being made redundant?๐๐ฝ ASICโs mortgage broker's BID (best interests duty) review ๐๐พ would you clear the mortgage if you received a big inheritance?๐๐ฟ if I turn my home into a rental, is negative gearing grandfathered? ๐๐ป selling a home: should we do a cosmetic reno, big reno or leave as is?๐ how to choose a selling agent when you're ready to list๐๐ผ community segment: tell us your good news!๐๐ฝ feeling behind in life, is it too late to start my career at 40?๐๐พ I bought a gym business that is draining me! Do I stick with it or quit?๐๐ฟ the afterparty: Glen's rage bait Instagram postThe Dip by Seth Godin: https://link.amazon/B0ji0gcLg12 Months to Retire Right by Glen James & Vince Scully: https://link.amazon/B07u9ZQgE Buying or selling a home? See how John can help: https://www.envisageproperty.com.au/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-show๐ก 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 donโt 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.
the GXIQ quiz: are you smarter than the average Australian investor?
44:38||Season 9Learn to invest with our award-winning investing book, The Quick-Start Guide to Investing: https://www.investingbook.com.au/Glen is joined by Marc Jocum, senior ETF strategist at Global X to talk about what Australians actually know about investing and why less experienced investors are taking more risk than they realise. They touch on:๐๐ผ insights from the 2026 GXIQ Investor Scorecard๐๐พ diversification vs diworsification๐๐ฝ the 5 investor trends๐ why beginner investors are prioritising property๐๐ฟ IPO investing๐๐ป the gender confidence gap๐๐พ where are advanced investors getting their education from?๐๐ผ what do the results of GXIQ Investor Knowledge Quiz teach us?๐ what Global X ETF investors are buying right nowThis episode is brought to you by Global X ETFs. Take the GXIQ Investor Knowledge Quiz: https://www.globalxetfs.com.au/gxiqmoney 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-show๐ก 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 donโt 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.
942b wwgd: young, living remote and on $240k, is this the life?
01:14:54||Season 9The Quick-Start Guide to Your First Property by Glen James & Rachelle Kroon is available now: https://amzn.to/4svhyoHKiera* is 22 and works as a machine operator in remote Queensland. Her partner Jack* is 25, also a machine operator. Together they own a small home and would like to know: should they buy an investment property, a future PPOR, or just find a block of land and start building their dream acreage life?*Names have been changed for privacyGet the Glen James Spending Plan: https://education.moneypodcast.com.au/courses/the-glen-james-spending-planmoney 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-show๐ก 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 donโt 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.
942 investing in volatile markets, single stocks, gearing & what makes a successful investor
01:00:57||Season 9Learn to invest with our award-winning investing book, The Quick-Start Guide to Investing: https://www.investingbook.com.au/Glen is joined by Scott Phillips, author & Chief Investment Officer at The Motley Fool Australia for a discussion about:๐๐ผ what to do in volatile markets๐๐ฝ 23-hour US trading - good or bad for retail investors?๐๐พ when does investing in single stocks make sense๐๐ฟ Scott's background & new book, The One Page Investing Plan๐๐ป traits of a successful investor๐ Glen and Scott's investing philosophies๐๐ผ gearing - should you borrow to invest?Books mentioned:The One-Page Investing Plan: https://link.amazon/B02sxnn6s12 Months to Retire Right: https://link.amazon/B0ic8jHeFmoney 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-show๐ก 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 donโt 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.
941b wwgd: one spender, one saver, one household, but two money systems
54:00||Season 9The Quick-Start Guide to Your First Property by Glen James & Rachelle Kroon is available now: https://amzn.to/4svhyoHLearn to invest with our award-winning investing book, The Quick-Start Guide to Investing: https://www.investingbook.com.au/Matt is 31 and living in Cairns with his fiancรฉe Sharni. He feels like he's living pay-to-pay as a self-confessed spender so Glen takes a look under the hood of Matt's money situation to figure out what's actually going on!Need a system to manage your money? Check out the Glen James Spending Planmoney 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-show๐ก 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 donโt 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.
941 buying with a sibling, 24-year-old earning $200k, Tesla tax strategy, super insurance trap + more
01:02:56||Season 9Glen and Vince Scully's new book, 12 Months to Retire Right is available for pre-order now: https://link.amazon/B07u9ZQgEIn this Q&A, Glen James is joined by Phil Thompson from Skye Wealth to discuss:๐๐ผ a Skye Wealth insurance client case study๐๐ฝ why does Phil recommend an age 65 benefit period๐๐พ should I buy an apartment solo or buy a house with my brother?๐๐ฟ should I lease a Tesla Model Y to reduce my taxable income?๐๐ป community question: what do you wish you'd known before upsizing your home?๐ is this quote I received for financial advice reasonable?๐๐ผ a 24yo earning over $200k - what would you invest in?Mentioned in the episode:Get our new book, 12 Months to Retire Right: https://link.amazon/B07u9ZQgESee how Skye Wealth can save you money on personal insurance: https://www.skye.com.au/client-savingsmoney 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-show๐ก 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 donโt 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.
940b wwgd: two investment properties, a Europe trip & should we buy in Melbourne?
01:10:16||Season 9The Quick-Start Guide to Your First Property by Glen James & Rachelle Kroon is available now: https://amzn.to/4svhyoHLearn to invest with our award-winning investing book, The Quick-Start Guide to Investing: https://www.investingbook.com.au/Rachel* and Jake* are 30 and 29, earning $320k combined with two investment properties and a Europe trip on the horizon. They're wondering whether to sell the investment properties to buy a home in Melbourne but they're keen to know what Glen would do.*Names changed for privacymoney 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-show๐ก 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 donโt 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.
940 sell $3.7m in property for ETFs, combining homes, moving to Sydney & early retirement income
59:38||Season 9Buy Glen and Vince Scully's new book, 12 Months to Retire Right: https://link.amazon/B07u9ZQgEIn today's Q&A, Glen, John and Rach discuss:๐๐ผ should we sell our positively geared properties to invest in shares?๐๐ฝ can I get a joint loan with my partner to add an extension to my house if he is not on title?๐๐พ community discussion: have you ever had a good income but nothing to show for it?๐๐ฟ should we move from Brisbane to Sydney for lifestyle at the risk of missing potential property growth in Brissy?๐ wwyd? my plan is to quit full time work and live off investment income from age 45-60money 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-show๐ก 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 donโt 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.