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820b for first home buyers: understanding lending & the home loan process (B for beginner)
Calling all first home buyers! Here's what you need to know about lending, mortgages, mortgage brokers, and the home buying process. In this episode, Glen chats with mortgage broker Genevieve from Sphere Home Loans about:
๐ how lenders are matched with you
๐๐ผ how much generally you can expect to borrow based on your income
๐๐ฝ key terms like deposit, servicing, lenders mortgage insurance (LMI)
๐๐พ schemes and concessions to look into
๐๐ฟ a walk through of working with a mortgage broker
๐๐ป how a mortgage broker is paid
Need a mortgage broker? Connect with the Sphere Home Loans team here
Thanks to Skye Wealth for supporting our Thursday show! Connect with the team here
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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.
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939b AMA with GJ: rental ethics, money in relationships, speccy plays, how we make $ + more
46:59||Season 9Buy Glen and Vince Scully's new book, 12 Months to Retire Right: https://link.amazon/B07u9ZQgEAsk me anything! Glen answers your questions about: ๐๐ผ ethics as a landlord and investor๐๐ฝ his hardest lesson learned๐๐พ managing and sharing money in relationships๐๐ฟ his business journey and how the pod makes money๐๐ป navigating inconsistent cashflow, hiring staff and deciding salaries๐ what he's invested in with his play money๐๐ผ the mindset of being a small business owner๐๐ฝ changing careers to become a financial adviser๐๐พ succession planning for the businessMentioned in the episode:Attached by Amir Levine & Rachel Heller: https://link.amazon/B0bRDrWMlmoney 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.
939 stuck in a gym contract, SMSF & ETFs, estate planning for kids and land tax
55:02||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 chat about:๐๐ผ a couple with $400k in SMSF wondering if they should invest in high growth ETFs๐๐ฝ I signed up to a 6 month PT membership that I no longer want. Should I pay the hefty break fee or ride it out?๐๐พ community segment: share your money rants with us!๐๐ฟ setting up your will to split shares between your kids๐๐ป do we have to pay land tax when we rent out our house?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.
is your super in safe hands? super scams, cold calls & protecting your retirement savings
54:23||Season 9In this episode Glen James chats with Kristian Fok, CEO of CBUS Super, one of Australia's largest industry super funds about the rise of super scams, how to spot one and what you can do to protect yourself. They also touch on One Nation's super plan and what they would change about the current super system if they had a magic wand! In the episode:๐๐ผ how super scams actually work๐๐ฝ how are industry super funds different from schemes like Shield and First Guardian which collapsed?๐๐พhow to protect yourself from scams๐๐ฟ understanding fees and cheapest doesn't equal better๐๐ป Kristian's thoughts on the performance test proposed reforms๐ should Australian's be able to take home 3% of their super?๐๐ผ lifestage funds, longevity risk & the role of the age pension๐๐ฝ what would Kristian and Glen change about the current super system๐๐ฟ the new class of adviserMentioned in the episode:ASIC's list of known entities involved in lead generation: https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2026-releases/26-125mr-asic-expands-list-of-known-entities-involved-in-lead-generationThis bonus episode is brought to you by Industry Super Funds. Stop. Check. Keep your super in safe hands. Visit superinsafehands.com to find out more.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.
938b wwgd: medically retired at 33 with a lifetime defence pension & what to do next?
01:01:40||Season 9Learn to invest with our award-winning investing book, The Quick-Start Guide to Investing: https://www.investingbook.com.au/In this episode of what would Glen do, Dylan and his wife Sarah (off-mic but in the room) join Glen to discuss their situation: Dylan is on a defence pension and looking to re-enter the workforce, they want to do some renos on the house and Sarah is keen to retire early. Dylan and Sarah want to know what would Glen do?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.
938 is AI the new dot-com, selling winners, property post-budget + more
57:34||Season 9The Quick-Start Guide to Your First Property by Glen James & Rachelle Kroon is available now: https://amzn.to/4svhyoHย Learn to invest with our award-winning investing book, The Quick-Start Guide to Investing: https://www.investingbook.com.au/In this Q&A Glen and Owen Rask from Rask chat about:๐๐ผ when to sell down high performance satellite ETFs?๐๐ฝ US stock market performance over 200 years๐๐พ how to best catch up when you're only just building wealth in your 40s๐๐ฟ what to do with my regional investment property post-budget changes๐๐ป community segment: tell us about the biggest money risk you've taken and and how it went๐ should I make cosmetic upgrades to my investment property before the CGT changes from July 2027?๐๐ผ stretching financially to invest in your future vs living for nowmoney 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 future of investing: 23-hour trading, AI tools, options, AUS vs US shares + more
43:40||Season 9In today's bonus episode Glen is joined by Andrew Rogers, Managing Director and Head of Stock Broking at CMC Invest to talk all things investing. They touch on:๐๐ผ 23 hour international trading coming to CMC Invest๐๐ฝ the AI tools making it easier to invest๐๐พ will there be an AI bubble burst?๐๐ฟ Australia vs US ETFs๐๐ป dividend reinvestment, yay or nay?๐ options tradingThis bonus investing episode is brought to you by CMC Invest. Access shares, ETFs and crypto - all in the one award winning app. Invest better today. Visit cmcinvest.com General advice only. Crypto is unregulated and high risk. T&Cs apply.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.au๐ก 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.
937b wwgd: her husband's super is low and he's turning 60 in four years
42:32||Season 9The Quick-Start Guide to Your First Property by Glen James & Rachelle Kroon is available now: https://amzn.to/4svhyoHย Learn to invest with our award-winning investing book, The Quick-Start Guide to Investing: https://www.investingbook.com.au/Kushla's husband Greg spent a decade as a stay-at-home dad before running his own business, and the combination has left his super well behind for his age. Now at 56 with four years until he turns 60, Kushla wants to know: should they be smashing the mortgage or his super?Buy Glen and Vince Scully's new book, 12 Months to Retire Right: https://link.amazon/B07u9ZQgE 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.
937 first time investing, CGT changes explained, passed in at auction, buying first home + more
01:09:57||Season 9The Quick-Start Guide to Your First Property by Glen James & Rachelle Kroon is available now: https://amzn.to/4svhyoHย Learn to invest with our award-winning investing book, The Quick-Start Guide to Investing: https://www.investingbook.com.au/In this Q&A Glen James, John Pidgeon and Vince Scully discuss:๐๐ผ tips for a young beginner investor๐๐ฝ do you need a financial adviser if you're doing alright + robo advice explained๐๐พ how will CGT be calculated according to the new changes?๐๐ฟ buying a house after it's been passed-in at auction ๐๐ป what do you wish someone had told you before you bought your first home?๐ financial literacy amongst peersGlen and Vince's new book, 12 Months to Retire Right: https://link.amazon/B0aJShGvbmoney 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.
936b cash out 3% super, bond yields, geared ETFs, retirement, financial advice + more (campfire chat)
02:48:11||Season 9The Quick-Start Guide to Your First Property by Glen James & Rachelle Kroon is available now: https://amzn.to/4svhyoHย Learn to invest with our award-winning investing book, The Quick-Start Guide to Investing: https://www.investingbook.com.au/Strap yourselves in because today's episode is a biggie! Glen is joined by Vince Scully from Life Sherpa Invest and Owen Rask from Rask for a campfire chat discussing the hot money topics making headlines and answering your questions. They cover everything from One Nation's super policy, the 40-year mortgage, financial advice reform and the age pension, to whether financial literacy is actually making us worse off with money.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.