360 Money Matters

Welcome back to another episode of the 360 Money Matters Podcast!

In Australia, school fees have recently risen dramatically. The total cost for 13 years of schooling amounts to $102,807 if you are planning to send your child to a Victorian government school. Cost will only be higher if you are planning to send your child to a private school.

Today, we are joined by Amy Parsons, Business Development Manager at Futurity Investment Group. We will talk about how you can plan for education with the help of education bonds. These bonds can help save for these big education costs, provide choice of investments, and allow you to do so in a cost-effective manner.

This topic is relevant, especially since Australia is currently experiencing inflation and rising costs. We cover how you can strategize your family's education!

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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights

• Australian public and private school costs

• The benefits of education bonds

• Traditional investment bonds vs. education bonds

• What is an education bond? Why is it more flexible than an investment bond?

• Individual and family education bonds

• Strategizing the right beneficiaries for education bonds

• Longevity

Resources

Schooling in Australia

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Welcome back to another episode of the 360 Money Matters Podcast!

In this new monthly segment, we talk about the recent developments in the Australian and worldwide markets and how this is likely to impact your financial situation. It's designed to be short and impactful with the monthly finance highlights.

Today we will be discussing the share market rallies, central bank policy around the world, inflation, and the property market This topic is relevant, especially with the increasing living pressures and interest rates, and we cover what you should know in managing your finances this 2023!

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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights:

• What is happening in the share markets

• Interest rates around the world

• Inflation

• How does the US market affect the AUS market

• Employment market

• The property market

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Welcome back to another episode of the 360 Money Matters Podcast!

Did you know that starting your financial journey as early as now can provide you with financial stability in the long run?

In this episode, we talk about investing and compounding to afford the luxury of financial freedom in your 30s. We discuss money habits and management, building your financial base, and other financial do's and dont's to kickstart your finances in your mid-twenties.

If you are set to start your financial planning this 2023, this episode is right for you!

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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights:

• Financial planning in your mid-twenties

• What are money habits? How can you easily adopt them?
• Establishing your financial base
• What is compounding? How does compounding work in investments?
• Using the snowball effect in financial planning
• Benefits of financial planning in your 30s

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Welcome back to another episode of the 360 Money Matters Podcast!

The downsizer contribution strategy is a great strategy for a selected group of people. The downsizer contribution is exactly what it sounds like, downsizing your family home.

In this episode, we talk about utilizing the money you release from selling your family home and putting that money into superannuation. We discuss the in's and out's, limitations, tips and traps and what the benefits of this strategy are.

Superannuation or 'super', is the money put aside by your employer over your working life for you to live on when you retire from work. Essentially, you're selling your family home and you're putting the proceeds into super.

So there you have it, a quick overview of superannuation downsizer contributions in Australia. Remember, this is just a general overview and if you're thinking of making a downsizer contribution, it's always best to consult with a financial advisor to ensure you understand all the implications and that it's the right decision for you.

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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights:

• Why downsize contributions?
• What is downsizing contributions? How much can you contribute?
• The downside of downsizing contribution
• Benefits of downsizing contribution
• The impact of the pension and how far do you push it
• How many times can you downsize?

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Welcome back to another episode of the 360 Money Matters Podcast!

It's another year, another chapter of our lives, and another opportunity for new goals. One of the goals that we should be considering and looking forward to in 2023 is our financial goals and how we manage them.

In this episode, we talk about what you need to do in 2023, to set yourself up financially. With inflation increasing and everything that is happening in the investment market and the economy, we give you tips that could help you get off to a great start in 2023!

This topic is timely and relevant at the moment, especially with the increasing cost of living pressures and interest rates increasing, we cover the things that you can do financially to set up your 2023 to be your best year yet!

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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights:

• The cost of living with inflation
• Expense management and budgeting
• Making sure your finances are in order
• Individuals and household budgets (self-employed too)
• Property interest rates
• Knowing your fixed-rate periods and values
• The impact of property prices
• Understanding the cashflow requirements
• The impact of property prices
• Participating in all market cycles

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Welcome back to another episode of the 360 Money Matters Podcast!

The Real Estate Market is something that is usually always a talking point. However, at this moment in time, there is even more chatter than usual!

In this episode, we discuss the real estate market with Golan Flamm, one of the top-rated real estate agents in Australia and one of the Directors at Hodges Caulfield.

In this episode, we talk about all things Real Estate. We will discuss the current market and what has been happening with prices/ demand as well as some things to consider if you are looking to purchase. In addition to this, we will talk specifics about what you should look out for if you are looking to purchase a property and even some tips when bidding if you are going to auction.

* At 4:37 - Golan mentions the number of groups coming through during inspections. This number is per campaign, not per inspection.

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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights:

• Current position of Real Estate in Australia.
• Buyer and seller expectations
• The real estate market during the COVID-19 pandemic.
• Key things to look out for when looking for a property.
• Things you need to avoid when looking to buy a property.
• Why do you need to research before you buy
• Are there any tips for bidding in an auction

Connect with Golan Flamm:Golan Flamm (LinkedIn)

@golanflamm (Instagram)

Golan Flamm (realestate.com.au)

Golan Flamm (ratemyagent.com.au)

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Welcome back to another episode of the 360 Money Matters Podcast!

Rentvesting has been growing in popularity lately as investors are being more savvy in their investments. In this episode, we will dive deep on rentvesting, its benefits, disadvantages, and things to consider if you are looking at this option.

Listen to this episode to learn more about renting where you live and buying investment properties at the same time.

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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights:

• Benefits of rentvesting
• Disadvantages of rentvesting
• What is capital gains tax
• Things to consider with rentvesting

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Welcome back to another episode of the 360 Money Matters Podcast!

Amidst rising interest rates, refinancing seems to be a good move to decrease your mortgage. But is it really all it's cracked up to be? What is the great refining trap? Have a listen to find out!!

In this episode, we discuss the things you need to know before you consider refinancing. We'll give you tips on how to decrease your home loan payments while still ensuring you pay off your loan term in the right time frame. We will also share some scenarios that can arise if you decide on refinancing.

If you are considering refinancing to lower the interest rates on your mortgage, this episode is for you!

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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights:

• Consider the interest rate
• Don't forget to negotiate with your existing lender
• Considerations if you are selling a property
• Check your cash flow.
• How do offset accounts work
• Importance of knowing the loan term
• Match your existing loan term

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Welcome back to another episode of the 360 Money Matters Podcast!

When investment markets are volatile, changing your investment strategy can become a tempting option that is usually driven by fear or greed. .

In this episode, we talk about how to invest when markets are volatile. It is the nature of the market to go up and down, so if you are tempted to sell your assets, you need to listen to this podcast! We share some strategies and things to consider in terms of putting your money towards investments and how important it is to stay invested during market volatility.

If you are trying to make the right decisions in investing this episode is right for you!

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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights:

• Look for assets to accumulate as this represents an opportunity
• Make sure your personal circumstances are in order
• If you have good quality asset, consider not to sell it
• Dollar Cost Averaging
• Take advantage of a particular sector when markets are volatile
• Avoid speculation
• Asset and investment diversification
• Managing tax issues

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Welcome back to another episode of the 360 Money Matter Podcast!

In this week's podcast, we show you how to keep your Christmas spending under control so you don't have a post-Christmas Financial hangover!!.

With inflation rising, the Christmas spend will no doubt hit harder this year so we go through some tips and tricks to make sure that you can make the most out of your Christmas spend without it impacting your financial position too much. We'll give you ideas on the do's and don'ts so you can enjoy the holidays without breaking the bank.

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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights:

• How to set a budget and stick to it
• Why should you not spend on credit
• What are some things we can do to spend less
• How to limit the number of gifts that you buy
• How your cost of living and high inflation rates affect your spending

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