The secret to success lies in the execution. On this week's Friends With Money Podcast, Money's Michelle Baltazar chats with author, financial adviser, and co-founder of Pivot Wealth, Ben Nash, about wealth-building strategies to help you achieve your goals. What are the fundamental strategies? Why buying your own home first can slow your wealth-buildingWhat's the first crucial step?Two strategies to accelerate your financial journey Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

Plastic isn’t always fantastic, but credit cards can be an effective money management tool. The question is though, what kind of card will match your needs? This week on the Friends With Money podcast, Money’s Tom Watson is joined by Rachel Wastell, personal finance expert at Mozo, to dig into the different types of credit cards on the market and the features they offer. They discuss: Suitable cards for everyday spendersThe benefits of balance transfersTravel-friendly credit cardsRewards points and premium credit card benefitsTips for users to get the most out of their cards #friendswithmoney #tomwatson #rachelwastell #creditcards Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

Are you getting the best deal from your bank? Open banking is set to transform the Australian banking industry, putting power back in your hands Maxime Chaury, co-founder of Upworth and open banking specialist, joins Money's Michelle Baltazar together they reveal how to make your money work harder under the new financial landscape. Are we getting the most out of our banks?What exactly is open banking?How can you harness its power to take control of your finances?is open banking safe and secure? Links: Upworth website #friendswithmoney #michellebaltazar #openbanking #maximechaury Listen on: Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

Thematic ETFs can give investors exposure to particular sectors, geographies or trends happening in the broader market, but they’re not without their risks. This week on the Friends With Money podcast, Money’s Tom Watson is joined by founder and chief executive of Stockspot, Chris Brycki, to dig into thematic exchange traded funds and the role they can play in portfolios. They discuss: What thematic ETFs actually areThe thematic ETF versus index ETF approachTech and sustainability as themes and the ETFs on offerHow technology and sustainable ETFs have performedThe risks of jumping on trendy thematic ETFs #friendswithmoney #tomwatson #chrisbrycki #investing #etfs Mind the Gap 2024 report: https://www.morningstar.com/lp/mind-the-gap Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

Did you know that most superannuation accounts come with insurance? In this week's Friends With Money podcast, Michelle Baltazar sits down with lawyer and author Melisa Sloan to unravel the world of superannuation insurance. They delve into: The pros and cons of insurance within and outside your super fundWhat is TPD insurance and when can you use itHow you might unintentionally void your own super insurance The two types of occupation insurance, and more! #friendswithmoney #michellebaltazar #melisasloan #superinsurance Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

Private credit as an asset class has grown into a $3 trillion sector after super funds and big investors started piling in. But is it a good addition to a typical investor portfolio? Money's Michelle Baltazar takes a deep dive into this investment opportunity with private credit expert Paul Miron, co-founder of Msquared Capital, on this week's episode of Friends With Money. What exactly is private credit?How much do you need to get started?What fees are involved? Most importantly, what are the potential risks? #friendswithmoney #michellebaltazar #paulmiron #privatecredit Listen on Apple Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

It’s easy to start investing, but have you got the foundations, goals and financial structures in place to set yourself up for success? This week on the Friends With Money podcast, Money's Tom Watson talks with author and host of the This is Money podcast, Glen James, about the tips and lessons he’s taken away from his investment journey so far. What made you want to write The Quick-Start Guide to Investing?What should investors do before they even start trading?How can investors identify their blind spots?Why is cementing an investment strategy so important?Where’s the sweet spot between overconfidence and analysis paralysis? #friendswithmoney #tomwatson #glenjames #investing Links: Money, Money, Money podcast Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

With the rising cost of living squeezing budgets, many are finding it harder than ever to make ends meet. Sometimes, turning to family and friends for help can feel like the only option. But lending money can be tricky. How do you balance financial support with protecting your relationships? On this episode, Money's Michelle Baltazar chats with the founder of Chipkie, Michelle Lomas, about the best way to lend money to family and friends. They discuss: The financial pressure created by a rising cost of living, especially when it comes to buying a homethe complex emotions of borrowing from family & friendsTips for lending money with confidence, ensuring repayment, and keeping your relationships strong #friendswithmoney #tmichellebaltazar #michellelomas #lending Episode Links: Chipkie Listen on: Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

Been scammed? You're not alone. Scams cost nearly $3 billion dollars in 2023 according to the ACCC, but there's hope at hand. In this episode of the Friends With Money podcast, financial adviser and "On Your Own Two Feet" author Helen Baker joins Money's Michelle Baltazar as they unlock the secrets to help rebuild your finances and protect yourself from cybercriminals. What should you do in the first 48 hours after being scammed?How do you protect yourself from future fraud?Don't get into more debt!Steps to bounce back from your loss Links: Protect yourself from scams Report a scam #friendswithmoney #michellebaltazar #survivegettingscammed #helenbaker Listen on: Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

How have local and international markets performed in 2024 and how are things shaping up in the months to come? That’s the topic of discussion on this episode of the Friends With Money podcast featuring Money's Tom Watson and chief investment analyst at Wealth Within, Dale Gillham. What’s driven the performance of the ASX so far this year?Which Australian companies and sectors have performed well?What have been the standout international markets?How are markets expected to fair over the coming months?Will the US election have an impact on markets? #friendswithmoney #tomwatson #dalegillham #shares Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

Planning for aged care can feel overwhelming, but it's an important conversation to have. This week on the Friends With Money Podcast, financial expert Michelle Baltazar and aged care specialist Caroline Rees tackle your questions about: Key considerations for making informed decisionsFunding options to navigate the financial aspectsTax implications to understand the financial landscapeGetting started on the planning process #friendswithmoney #tmichellebaltazar #carolinerees #agedcare Episode Links: myagedcare.gov.au Retirement income strategies  Listen on: Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.au   Caroline Rees is a financial adviser with Telstra Super Financial Planning Pty Ltd ABN 74 097 777 725 AFS Licence No. 218705. TelstraSuper Financial Planning provides  financial advice service to members of TelstraSuper ABN 85 502 108 833. Telstra Super Pty Ltd ABN 86 007 422 522 is the trustee of TelstraSuper and wholly owns TelstraSuper Financial Planning  Advice that Jeremy gives is of a general nature and does not take into account the particular circumstances or needs of any specific person and because of that, you should consider your own circumstances before acting on any advice . If you are considering acquiring a financial product from TelstraSuper you should read the relevant product disclosure statement and  target market determination before making a decision which are available  at  www.telstrasuper.com.au .See omnystudio.com/listener for privacy information.

In this bonus episode of the Friends With Money podcast, Grant Hackett, the CEO of GenLife, joins Money's Vanessa Walker to discuss why Bonds might be the right choice for your portfolio.See omnystudio.com/listener for privacy information.

Love it or loathe it, cryptocurrency has made its way into the mainstream. So for the crypto curious, what are the fundamentals worth knowing about? This week on the Friends With Money podcast, Money’s Tom Watson is joined by Janine Grainger, founder and chief executive of cryptocurrency trading platform EasyCrypto, to chat about some of the basics of cryptocurrency. What is cryptocurrency?Are there different types of cryptocurrency?Why should Australians care about it?What are some of the potential benefits and risks of holding crypto?How can cryptocurrency be purchased and held?Is cryptocurrency regulated in Australia? #friendswithmoney #tomwatson #janinegrainger #cryptocurrency Episode Links: EasyCrypto - We make it easy Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

Feeling the financial pinch? Your money can do more for you! Maybe it's time to make your money work smarter. This week on Friends With Money, Michelle Baltazar chats with financial adviser and author of Insufficient Funds James Millard. Grow your wealth and learn the secrets to making your money work harder, not the other way around. The 4 Pillars of Financial Success Understanding Concessional vs. Non-Concessional ContributionsWhy a Financial Advisor Can Be Your Best Friend #friendswithmoney #michellebaltazar #jamesmillard #financialadvice Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

Building wealth through investing is a gradual process – one that naturally comes with its fair share of success and setbacks. This week on the Friends With Money podcast, Money's Tom Watson talks with financial educator and author Natasha Etschmann (@tashinvests) about her investment journey and the insights she’s gained along the way. What made you want to get into investing?Why did you decide to write How To Not Work Forever?How do you find the money to invest?What’s your view on paying off a mortgage vs investing in shares?Are you a fan of dollar cost averaging or lump sum investing?What are the investing mistakes you often see people make? #friendswithmoney #tomwatson #natashaetschmann #investing Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

July 1st brings money-savings changes! In this BONUS episode of the Friends With Money Podcast, Money's Vanessa Walker and Tom Watson break down the latest financial changes that could save you money. Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

There's a lot of misinformation out there about building a property portfolio, and making the wrong decisions can seriously stall your investment journey. This week on the Friends With Money podcast, Money's Michelle Baltazar cuts through the noise with Damian Collins, property expert and financial guru.   Together they help you: Debunk the median price mythBecome a neighbourhood insiderNew vs Old: Make an informed choiceAvoid emotional pitfallsCraft your dream portfolio #friendswithmoney #michellebaltazar #damiancollins #property Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

Should your investment portfolio have a home bias, an international focus or something in between? On this episode of the Friends With Money podcast, Money’s Tom Watson is joined by Tony Sycamore, market analyst at IG Australia, to discuss local and international markets and asset allocation. How optimistic are traders about local and global markets?Which Australian and international stocks are investors trading?Is there any issue with having a home bias?What are the pros and cons of holding local or international equities?How do geopolitical events impact markets?How can first timers go about getting international exposure? #friendswithmoney #tomwatson #tonysycamore #investing Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

Can't afford to BUY a house on your own?  Property pals might be your answer! With the typical home loan repayment between $3000-$7000 PER MONTH, sharing the burden with your friends may be the key to home ownership. This week on the Friends With Money podcast, Money's Michelle Baltazar chats with Matt Bowen, head of consumer and market insights at ING, about this NEW option for purchasing property. IT COVERS The latest survey on home ownershipWhat is a property pal?How do you start?How do you protect yourself if things go awry? #friendswithmoney #michellebaltazar #mattbowen #propertypals Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

Forget confusing financial jargon and feeling lost in a sea of investment options!   Is a financial advisor the missing piece to your financial puzzle, or is that an unnecessary cost? This week on the Friends With Money podcast, Money's Michelle Baltazar is joined by Financial Advisor Jeremy Lack from TelstraSuper as they debunk the myths about seeking simple solutions to financial planning. Tune in to find out: The hidden benefits of financial advice (beyond just investments and taxes)The ideal times in life to seek professional guidanceTop tips for keeping your financial plan on trackWhat to expect when it comes to the cost of financial advice #friendswithmoney #michellebaltazar #jeremylack #financialadvice Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.au Disclaimer: JJeremy Lack is a financial adviser with Telstra Super Financial Planning Pty Ltd ABN 74 097 777 725 AFS Licence No. 218705. TelstraSuper Financial Planning provides financial advice service to members of TelstraSuper ABN 85 502 108 833. Telstra Super Pty Ltd ABN 86 007 422 522 is the trustee of TelstraSuper and wholly owns TelstraSuper Financial Planning. Advice that Jeremy gives is of a general nature and does not take into account the particular circumstances or needs of any specific person and because of that, you should consider your own circumstances before acting on any advice . If you are considering acquiring a financial product from TelstraSuper you should read the relevant product disclosure statement and target market determination before making a decision which are available at www.telstrasuper.com.au. The financial services guide for TelstraSuper Financial Planning is available at www.telstrasuper.com.auSee omnystudio.com/listener for privacy information.