Money Madams

It's one of the biggest sales of the year which can mean blowing your budget or scoring some amazing deals, sometimes both. If you love a bargain, and we certainly do, we chat about making your dollar go further by planning ahead to take advantage of what can be amazing deals.

Have you ever heard that you should aim for tax losses on investment properties, or you need a credit card to get a credit rating score, or perhaps you should move all your money into defensive assets as you approach retirement? Well-meaning advice can be great, but what could work well for someone else could be disastrous for you. In this episode we correct some common misconceptions as well as talk about what happens if you do receive bad advice on a professional level.

While you may be able to spot a scam from a Nigerian prince, but what about protecting your My Gov account? In this episode we go through some of the most recent scams going around following the data hacks on some major organisations.

As scary as it can be, we also have some tips to reduce the chances of being hacked yourself.

Parents often want to help out kids, and gifting is often the norm. It's a nice warm and fuzzy feeling helping out others, but what if you could better help your child or loved one with a loan instead?

In this episode we discuss the protections and drawbacks of gifting versus loaning money for you and the person you wish to help.

Have you wondered if achieving a million dollars in super is achieveable? Well, the answer is yes, well at least if you act early enough. We'll walk you thorugh what it takes to get your super to that level based on a range of starting balances, ages, income level, investment approaches and how much you contribute each year.

If you'd like to play around with the money smart super calculator yourself, head to https://moneysmart.gov.au/how-super-works/superannuation-calculator

Sharing is caring when it comes to Superannuation. This little known strategy for couples can be a great tool for a range of scenarios.

Have a listen to this episode to find out how you could potentially boost your age pension, acess your super earlier (and importantly legally!), and make the most of your superannuation strategies that are dependent on your account balance being below certain thresholds.

It's that time of year when super fund statements are sent out. It's easy to ignore your statement because the money doesn't feel real, or because the information in them can be overwhelming.

In this episode we cover how to tell if your super is performing well and break down some of the jargon so you can feel confident that you are on top of your super!

With rents and mortgage interest rates having risen sharply, many people are starting to notice their incomes feeling more restrictive. In this episode, we talk about ways of reducing budget stress, and it it's not all about spending less. We cover ways to swap out, lower costs and bring some extra funds into your budget to make your dollars go futher.

In this episode we have Canberra's own comedy sirens - The Sparrow Folk! Tune is to enjoy their humor as they share their journey of taking a side hustle to business venture. They also have a special suprise - a song they wrote and performed for Amber and Katherine all about the Money Madams!

In this episode we break down the difference between the cover you get in your super fund vs the cover you get via an adviser - you'd be amazed at the difference in quality and price!

We all know Katherine loves personal insurance, but this week we have a guest, Matthew Wallis!

As always you can reach out to Katherine to get help with your insurances (just book in via www.hcis.com.au), but Katherine tends to book out 2-3 months in advance, so for those who would like another option we highly recommend Matt!

You can reach Matt via [email protected] or book in via https://calendly.com/betaadvice/meeting or check out his website at www.betaadvice.com.au