Friends With Money

Love where you live, but can’t afford to buy there? It’s a conundrum for plenty of Australians, especially in desirable inner-city areas. One often-cited tactic though is rentvesting – i.e. investing in a property elsewhere so you can rent where you want.

That’s the topic of discussion on this episode of Friends With Money for Money’s Tom Watson and this week’s guest, buyer’s agent and director of Aus Property Professionals, Lloyd Edge.

• What is rentvesting and what are the benefits? 
• Have rate hikes changed the dynamic for first home buyers?
• What should first home buyers look for in an investment property?
• Are there any drawbacks to rentvesting?
• Should rentvesting be part of a long-term investment strategy?

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Website: https://moneymag.com.au

Email: [email protected]

How well do you know your spending habits? From grocery bills to petrol costs and regular visits to Bunnings, new data shows that the price of everything has gone up in the double-digits.

One way to combat rising household expenses is to learn how to monitor them better. This week on the Friends with Money podcast, Money's Michelle Baltazar chats with Kris Davant, Head of Product at Frollo, an app that's designed to help people track their expenses wisely and save hundreds of dollars along the way.

• How does Frollo work?
• Cost of living stats - yikes!
• How does the app help you budget and save
• How to protect your personal financial data

#friendswithmoney #michellebaltazar #krisdavant #costofliving

Get the App: Frollo

Listen on Apple Podcasts: https://apple.co/3mV0Cbr

Listen on Google Podcasts: https://bit.ly/3qGfsoL

Listen on Spotify: https://spoti.fi/3fSPI2h

Website: https://moneymag.com.au

Email: [email protected]

When it comes to money, the dynamic between parent and child can be quite tricky.

Trying to balance conversations between generations regarding investments, wills, and retirement has the potential to create tension and hurt feelings.

This week on the Friends With Money podcast, Money's Michelle Baltazar speaks with Marc Bineham, author, podcaster and money coach, about how to manage money as part of the sandwich generation.

• What is The Money Sandwich generation?
• Is it time for "the conversation"?
• As always, get professional advice
• The cost of getting it right
• Tips to get things right with your money

#friendswithmoney #michellebaltazar #marcbineham #sandwichgeneration

Listen on Apple Podcasts: https://apple.co/3mV0Cbr

Listen on Google Podcasts: https://bit.ly/3qGfsoL

Listen on Spotify: https://spoti.fi/3fSPI2h

Website: https://moneymag.com.au

Email: [email protected]

While fluctuating equity markets and falling house prices will come as unwelcome news to many, the flipside is that there are plenty of opportunities for investors looking to grab a bargain. That’s the topic of discussion on this week’s episode of the Friends With Money podcast featuring host Tom Watson and Money's senior journalist Nicola Field. They talk about:

• Defensive and growth stocks
• The lure of fixed-interest funds
• Residential and commercial property options
• Ongoing interest in cryptocurrency
• The threat of scams 

Listen on Apple Podcasts: https://apple.co/3mV0Cbr

Listen on Google Podcasts: https://bit.ly/3qGfsoL

Listen on Spotify: https://spoti.fi/3fSPI2h

Email: [email protected]

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The household budget is under enormous pressure from runaway inflation and soaring costs, with some grocery prices rising 3 to 4 times higher than they were at the beginning of the year.

Is there any relief in sight?

This week on the Friends with Money podcast, Money's Michelle Baltazar speaks with Sean Smith, Managing Director and CEO of Frugl, an app that's designed to help you save money when shopping for groceries, and it's free!

• What is the consumer price index?
• How bad are things getting?
• What are the more affordable grocery items? 
• How can Frugl help save money and be healthy?
• Get the App: Frugl

#friendswithmoney #michellebaltazar #seansmith #frugl

Listen on Apple Podcasts: https://apple.co/3mV0Cbr

Listen on Google Podcasts: https://bit.ly/3qGfsoL

Listen on Spotify: https://spoti.fi/3fSPI2h

Website: https://moneymag.com.au

Email: [email protected]

Achieving financial independence is as easy as 1, 2, 3, 4.

And you can achieve this on any budget!  Sounds impossible?

The 4 steps to financial freedom are this week's topic on the Friends with Money podcast featuring author and financial advisor, David Scollon, and your host, Money's Michelle Baltazar.

• What are the 4 steps?
• How can you build wealth on a low income?
• What's the most important step?
• It's all so complicated
• The Book:  Mission: Possible

#friendswithmoney #michellebaltazar #davidscollon #4steps

Listen on Apple Podcasts: https://apple.co/3mV0Cbr

Listen on Google Podcasts: https://bit.ly/3qGfsoL

Listen on Spotify: https://spoti.fi/3fSPI2h

Website: https://moneymag.com.au

Email: [email protected]

Getting back to basics sometimes is the best way to achieve your financial freedom.

This week on the Friends with Money podcast, Money's Michelle Baltazar chats with economist, newspaper columnist and author, Jessica Irvine, about busting money myths and paving a clear path to a happier and wealthier you.

• Myth #1: Money is complex
• Myth #2: Some people are bad at money
• Myth #3: Spending money is bad
• Lightning round: how to slash your food bill

#friendswithmoney #michellebaltazar #jessirvine #budgeting

Listen on Apple Podcasts: https://apple.co/3mV0Cbr

Listen on Google Podcasts: https://bit.ly/3qGfsoL

Listen on Spotify: https://spoti.fi/3fSPI2h

Website: https://moneymag.com.au

Email: [email protected]

While petrol prices and other transport costs are biting into household budgets, are there still opportunities for motorists and commuters to save? That’s the pressing question Money’s Tom Watson and NRMA spokesperson Peter Khoury get into on this week’s episode of Friends With Money. They discuss:

• The transport costs hitting Australians the hardest
• Why petrol prices have risen so high, and where they are now
• What’s going to happen to the 22c/litre fuel excise cut
• The explosion of potholes and their impact
• Ways for people to save money on their transport and driving costs

Listeners may also be interested in the following:

• ACCC petrol price cycles in Sydney, Melbourne, Brisbane, Adelaide and Perth
• Petrol price monitoring resources like Fuel Check NSW, FuelWatch WA, MotorMouth, myNRMA app, myRAA app, MyFuel NT, Petrol Spy, RACQ Fair Fuel and Simples.

Listen on Apple Podcasts: https://apple.co/3mV0Cbr

Listen on Google Podcasts: https://bit.ly/3qGfsoL

Listen on Spotify: https://spoti.fi/3fSPI2h

Website: https://moneymag.com.au

Email: [email protected]

How can we put our finances in a position to best withstand the current turbulence in the financial world? With living costs rising and equity markets bouncing up and down, that’s the big question host Tom Watson and journalist Annette Sampson delve into on this week’s episode of Friends With Money. In it they discuss:

• The importance of a budget and emergency fund
• Expenses people can cut back on to save
• Types of stocks investors might want to look at (and avoid)
• Managing volatility as a retiree

#friendswithmoney #tomwatson #annettesampson #finances

Listen on Apple Podcasts: https://apple.co/3mV0Cbr

Listen on Google Podcasts: https://bit.ly/3qGfsoL

Listen on Spotify: https://spoti.fi/3fSPI2h

Website: https://moneymag.com.au

Email: [email protected]

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Renting a property can be a long-term financial commitment, and quite often, you have to make the decision to rent with little to no information. Signing a lease, after only having a brief inspection of a property, can lead to months of frustration and distress.

So how do you avoid the pitfalls of the rental market?

This week on the Friends with Money podcast, Money's Michelle Baltazar chats with Ben Pretty, co-owner and founder of Rent Rabbit, a new online service that provides detailed information on not only the property you're considering leasing, but the landlord or real estate agent as well.

They discuss:

• How tenant reviews can help prospective renters
• How renters can negotiate better rent
• How landlords can keep better records through the service

Listen on Apple Podcasts: https://apple.co/3mV0Cbr

Listen on Google Podcasts: https://bit.ly/3qGfsoL

Listen on Spotify: https://spoti.fi/3fSPI2h

Website: https://moneymag.com.au

Email: [email protected]