Not Rich Yet Show

Your assets look fine. Your bank account doesn't. Let's talk about it.

What We Cover:

• The gap between what you're worth on paper and what's in your account
• Why earning more usually just means spending more
• What's quietly locking up your cash every month
• How to stop the leak without overhauling your life
• Five practical steps to feel cash rich again

Timestamps:01:20 — Gav's friend: house keeps doubling, still feels broke every week

02:00 — Your equity doesn't pay for your groceries

04:00 — Jas's client: six properties, less than $10k in savings

07:00 — Why chasing more income usually backfires

12:30 — Gav's DJ days and where all the money went

13:30 — Jas asks clients what they think they spend — then checks the statements

14:30 — Five steps to go from paper rich to cash rich

Links:

• Muney website - ⁠⁠https://muney.com.au/⁠⁠
• Free 45 minute call with a financial expert - ⁠⁠https://deposit.muney.com.au/book1746673493436⁠⁠

In this episode, Gav and Jas break down the one shift that moves you from financial stress to financial control - and it's not a better budget or a higher income.

The conversation centres on intentionality:

1. Knowing what your money is doing

2. Aligning your spending to your actual priorities

3. and flipping the system so your money works for you before the bills eat it all.

If you feel like money just disappears and you don't know where it goes, this one's for you.

What You'll Learn:

• Why more income isn't the solution
• Goals vs priorities (and why priorities stick)
• The pay-yourself-first method
• Bank statement honesty
• Why financial stress is a systems problem, not a willpower problem

Timestamps:

• 00:00 – You don't need more income. You need this.
• 00:45 – What being intentional with money actually means
• 02:00 – The payday stress cycle and why it keeps repeating
• 04:15 – "Live like it's your last day" — terrible financial advice
• 05:00 – Goals vs priorities: why one works and one doesn't
• 08:15 – Pay yourself first: how to flip the whole system
• 10:00 – When your bank statement exposes your real priorities
• 13:00 – The $1,500/week car and the comparison trap
• 14:00 – Two steps to start today

Links:

Muney website - https://muney.com.au/

Free 45 minute call with a financial expert - https://deposit.muney.com.au/book1746673493436

In this episode, Gav and Jas unpack three financial situations submitted online and discuss solutions.

From high earners living paycheck to paycheck, to people juggling multiple credit cards, to the challenge of reversing lifestyle creep, the discussion focuses on the difference between income problems and spending problems.

They also examine common myths about saving money and why small expenses like coffee and avocado on toast often aren't the problem, and distract from the bigger financial leaks that actually matter.

Key topics discussed:

• Why high earners can still live paycheck to paycheck

• The difference between an income problem and a spending problem

• How credit card debt snowballs and how to start getting out of it

• What lifestyle creep is and how to reverse it

• Why cutting coffee won’t fix your finances

What You’ll Learn

• Why earning more money doesn’t fix poor spending habits

• The “GENSE” pattern: good earners not saving enough

• A simple exercise to uncover where your money actually goes

• How lifestyle creep quietly increases spending

• Why debt consolidation can cost more long-term

Timestamps:

00:00 – A $325K income but still living paycheck to paycheck
01:50 – “GENSE”: good earner, not saving enough
04:10 – The budgeting exercise that reveals real spending
06:05 – Case study: $8K income and five credit cards
07:50 – The avalanche strategy for paying off debt
09:10 – Where people actually overspend (cost of convenience)
13:15 – What lifestyle creep really means
15:25 – How to reduce lifestyle creep without feeling miserable
20:10 – The coffee and avocado toast myth
23:25 – Why NBA players go bankrupt after making millions

Links:

Muney website - https://muney.com.au/

Free 45 minute call with financial expert - https://deposit.muney.com.au/book1746673493436

Debt is everywhere in Australia, and for many people it quietly shapes their financial future without them realizing it.

In this episode, we break down the real difference between good debt and bad debt, why buy now pay later and credit cards can trap people in a cycle of spending, and how debt actually works psychologically.

We also explain when debt can be useful, how people fall into the debt cycle, and the practical steps to regain control if debt is already weighing you down.

Enjoy!

Key Topics

• The difference between good debt and bad debt

• Why buy now pay later encourages overspending

• How credit cards trap people in debt cycles

• Why cars are often considered bad debt

• When borrowing money can actually make financial sense

What You’ll Learn

• Why access to debt often leads to overspending

• How the debt cycle forms and keeps people stuck

• The psychological effect of credit cards and buy now pay later

• The difference between borrowing for depreciating vs appreciating assets

• Why budgeting is essential before using debt

Links:

Muney website - https://muney.com.au/

Free 45 minute call with financial expert - https://deposit.muney.com.au/book1746673493436

Convenience spending is one of the most common money leakages we find in our clients. It drains your finances without you realising it. In this episode, we break down how small everyday choices can cost thousands over time, and the tools and strategies you can adopt to put you back in control and on track to achieve your financial goals.

Key Topics

- The everyday choices quietly draining your money

- Why small convenience decisions add up fast

- The hidden price behind modern spending habits

- A simple way to rethink what things really cost

- How to take back control without changing everything

Links:

Muney website - https://muney.com.au/

Free 45 minute call with financial expert - https://deposit.muney.com.au/book1746673493436

Timestamps:

00:00:00 Whole chicken vs prepared food price comparison
00:01:00 The psychology of convenience spending
00:03:00 How convenience inflates everyday costs
00:08:30 Uber Eats vs picking up food yourself
00:12:00 The value test for spending decisions
00:13:30 The hourly wage mindset shift
00:15:00 When convenience actually makes sense
00:16:30 Five ways to reduce convenience spending

Money problems usually aren’t about income. They’re about behaviour, identity, and a lack of structure. In this live budgeting episode, Jas and I sit down with Ned, a 26-year-old freelance creative, to break down his real numbers in real time.
We unpack why money feels like it “disappears,” how generosity and being the “chill guy” can quietly sabotage progress, and how simple systems like a dedicated fun account create boundaries without killing enjoyment.
What You’ll Learn

• Why money leaks happen even when income looks fine on paper
• How identity (“I’m generous,” “I’m chill”) drives overspending
• Why every dollar needs a job 
• How a fun account creates freedom
• Why financial maturity is about structure not restriction

Links
Muney website - https://muney.com.au/
Free 45 minute financial health check call - https://deposit.muney.com.au/book1746673493436
Timestamps
00:00:00 – Why money problems are behavioural, not mathematical
00:04:30 – Ned’s income, debt, and current financial position
00:08:45 – “Being the fun guy” and how identity drives spending
00:14:00 – Why money feels like it disappears
00:19:30 – The fun account: spending with boundaries
00:26:00 – Expansion vs contraction and tapping psychology
00:32:00 – Maturity, friction, and choosing priorities
00:38:30 – Turning long-term goals into short-term wins
00:44:00 – How structure creates freedom, not restriction

Credit cards aren’t the real problem. The behaviors, psychology, and systems around them are. In this first episode, Gav and Jas break down why Aussies end up in long-term credit card debt, why minimum repayments and points programs keep people trapped, how interest-free periods actually work, and the two non-negotiable steps required to get out of debt for good.
Key Topics

- Why Australians are carrying $43 billion in credit card debt
- How minimum repayments keep balances stuck indefinitely
- The psychology of tapping, cash vs cards, and overspending
- Why points, rewards, and “hacks” rarely work long-term
- How interest-free days really work (and where people get caught)
What You’ll Learn

- The two core steps required to get out of credit card debt
- Why the card isn’t the problem, behaviour is
- How banks structure interest-free periods and cash advances
- Why simplicity and structure beat complexity every time
- When credit cards can work and when they’re dangerous
Links

Muney website
Free 45 minute financial health check call
Timestamps
00:00:00 Two rules to get out of credit card debt
00:02:00 Why Australians carry $43B in credit card debt
00:05:00 Credit card mistakes and minimum repayments
00:12:30 Tapping vs cash and overspending psychology
00:17:00 Points, interest-free periods, and traps
00:22:00 When credit cards work, and when they don’t

Welcome to the Not Rich Yet Show! Here's a bit about the show, and what you can expect to get out of it each week. 
Thanks for watching, and we hope we can help you on your financial journey. 

Gav