Money Madams

Your 40's are a decade of a life lived large, whether it is family milestones such as kids in high school, divorce, your income increasing, health changes, butfor most people feeling like you are finally starting to "adult." In this episode, we chat about our own journeys and highlight some of the challenges, opportunities and of course check in on the average super balance for this age group.

Your 30's are a whirlwind of a decade and often ends up being one of the biggest decades for responsibilities with finances, children and feeling the desire to make sense of it all when you have little to no time at all in which to do it. Tune in to this episode as Amber and Katherine focus on some key considerations for your thirties and the average superannuation balance most Aussies have at this age.

We all want our money to work hard for us. Whether you consider yourself to be cautious or are prepared to take a lot of risk with your money, time frames when you are investing are a major factor. Amber and Katherine chat about how your timeframe can in some cases overrule your comfort level so you can safely maximise your money. Includes tips on avoiding seemingly "safe" investments and the cardinal sin most parents make when saving money for their kids.

Welcome to 2022. If you are like us, you have a New Years resolution list to make improvements in your life whether it is financial, health, better habits or relationships. We delve into our goals and share some tools and strategies to boost your chances of succeeding in your endeavours, whatever they may be. If you want help with automating your budget, check out the Money Madams shop via https://moneymadams.com/shop/

2021 Has been a big year for property prices, crypto, superannuation fund returns, Covid-19 and rumours about how this impacts your insurance. In this episode, we look through the big events of the year as we wrap up for 2021.

To watch Jimmy Rees take on NFT's and to have a good laugh you can watch his video here: https://www.youtube.com/watch?v=SnIKohrRz4E

Thanks for listening and we'll be back on Monday 10th January.

You've asked for it so here it is. A full episode dedicated to all things defined benefit super. We are chatting with Naomi Horobin of Clover Group who lives and breathes defined benefit super funds.

Defined benefit super funds play by different rules to regular super funds when it comes to your retirement benefits, so if you want to learn more, tune in!

If you would like to learn more, Naomi is your woman! You can find her via her website http://www.clovergroup.com.au/

In this episode, we go through your questions on borrowing to invest.

• Why do people borrow to invest and what sort of benefits come from using debt to invest?
• When is a good time to borrow to invest?
• What is the difference between borrowing to invest and debt recycling?
• What are the risks and potential downsides?
• What do some people do at the end? Your exit options.

Plus many more aspects to help you understand this strategy. As always, please seek qualified and personalised advice before making any major changes to your finances!

Have you received a letter from your super fund to tell you that your super has been underperforming? Or are you simply wanting to ensure your super fund is a solid performer?

You may think you NEED to change super providers. You can, but there are other options, and some important things to consider BEOFRE you do make any changes.

In this episode, Amber and Katherine will talk through some options, what you should be considering, and some alternative options.