Savvy Money Talks

Savvy Money Talks

By Cara MollicaBusiness
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Savvy Money Talks episodes

  • Ep11 - 9 Hard Truths About Creating Financial Freedom

    In this episode I delve into the 9 hard-hitting truths that pave the way to building wealth and creating financial freedom.

    I discuss:
    ** How creating financial freedom starts with you. No one will save you. Face your numbers and take control
    ** People think it's one thing that makes you wealthy, but the truth is it's lots of small, consistent habits in thoughts, beliefs, and actions
    ** No one will care for your money like you. Don't fully outsource financial decisions
    ** Surround yourself with those who inspire and challenge you financially. Your network influences your financial mindset
    ** Expect Mistakes, Learn Consistently, Embrace setbacks
    The information shared on the Savvy Money Talks podcast is general in nature and does not consider your individual circumstances. It's for education purposes only and should not be relied upon to make financial or investment decisions. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial and tax advice tailored towards your needs.

    16 min
  • Ep10 - Crafting Your Personal Investment Philosophy

    Crafting and sticking to your personal investment philosophy is one of the best ways to make sure you stay on track to achieving your financial freedom goals!

    In this episode I discuss:

    **What a personal investment philosophy is and why it's so important to have one

    **Why your goals need to be front and centre of your investment philosophy

    **How to clearly outline your investment approach, what you will and won't do

    **I share how my personal investment philosophy guided some recent decisions and avoided me making unaligned choices

    ** The importance of documenting your personal investment philosophy

    Access Invest, Thrive & Retire Early - The Ultimate Investing Masterclass for Women ⁠here⁠.

    The information shared on the Savvy Money Talks podcast is general in nature and does not consider your individual circumstances. It's for education purposes only and should not be relied upon to make financial or investment decisions. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial and tax advice tailored towards your needs.

    15 min
  • Ep9 - The Year That Was And The Year That Is From A Wealth Perspective

    Reflecting on the year that was and planning the year that is from a wealth perspective!

    In this episode I discuss:

    **Reflecting on the year that was from a wealth perspective 

    **Celebrating what worked well from a mindset 

    **What could you improve upon and is there anywhere you sabotaged yourself? 

    **Reviewing your financial goals against actuals at a micro and macro level

    **Setting financial goals for the year ahead both from a practical perspective and a mindset perspective

    Access Invest, Thrive & Retire Early - The Ultimate Investing Masterclass for Women here.

    The information shared on the Savvy Money Talks podcast is general in nature and does not consider your individual circumstances. It's for education purposes only and should not be relied upon to make financial or investment decisions. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial and tax advice tailored towards your needs.

    20 min
  • Ep8 - Alana Nelson - Property millioniare in her 20s, multi-millionaire in her 40s shares her insights in how to get started investing in property

    In my first ever episode with a guest, I interview Alana Nelson about how she and her husband built a million dollar property portfolio in her 20s, building it to a multimillion property portfolio now in her 40s.

    Alana shares the three most important things they did to build their property portfolio and insights into what she recommends if you're starting out now (including what she tells her teenage kids).
    We also discuss some key criteria and metrix when looking for property.
    The information shared on the Savvy Money Talks podcast is general in nature and does not consider your individual circumstances. It's for education purposes only and should not be relied upon to make financial or investment decisions. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial and tax advice tailored towards your needs.

    23 min
  • Ep7 - 6 Things I’ve Learnt From Over a Decade in the Finance Industry

    Today I’m bringing you insights honed from over a decade in the finance industry and sharing the 6 key lessons I’ve learnt along the way.
    In this episode I discuss:
    ** Focus not just on earning money but on retaining and multiplying it through various income streams
    ** Highlight the impact of lifestyle creep and the importance of instilling good spending habits early on
    ** The importance of defining your version of success and aligning spending with personal values and intentions
    ** The significance of being organized with financial numbers, borrowing capacity, and investment philosophies
    ** the impact of loss aversion and the importance of understanding one's money story for long-term investment success
    The information shared on the Savvy Money Talks podcast is general in nature and does not consider your individual circumstances. It's for education purposes only and should not be relied upon to make financial or investment decisions. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial and tax advice tailored towards your needs.

    15 min
  • Ep6: The Housing Crisis In Australia

    Welcome to today's episode of Savvy Money Talks where I am discussing Australia's housing crisis!

    In this insightful discussion, we explore:
    ** The fundamental economic dynamics of supply and demand, revealing the root causes of soaring housing prices in Australia.
    ** Dr. Shane Oliver's analysis of the key factors impacting housing affordability, emphasizing the disproportionate growth of housing prices compared to incomes.
    ** A historical overview, highlighting decades of underinvestment in social housing and a predominant focus on demand-side solutions.
    ** Examining successful international strategies, such as Auckland's "upzoning," and their positive impact on housing stock and affordability.
    ** Anticipating the challenges and potential outcomes of the Australian government's $10 billion plan to build 1.2 million homes in the next five years.
    Thank you for joining me for this episode of Savvy Money Talks. If you love this episode, it would mean the world to me if you'd subscribe, leave a review or take a screenshot and share it on your insta stories. If you're not already, come hang out with me on insta @savvy.wealth
    If you know you need support with managing money and investing, make sure you join the waitlist for Financial Freedom Fundamentals https://savvywealth.com.au/financial-freedom-fundamentals-waitlist/
    The information shared on the Savvy Money Talks podcast is general in nature and does not consider your individual circumstances. It's for education purposes only and should not be relied upon to make financial or investment decisions. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial and tax advice tailored towards your needs.

    15 min
  • Ep5: Diversification

    Welcome to another insightful episode of Savvy Money Talks! Today, we're delving deep into the world of investing, focusing on a key strategy: diversification.

    In this episode I discuss:
    ** Why diversification is your investing buffet
    ** Looking beyond country allocations and how sectors play a vital role
    ** Diversification doesn't eliminate volatility, but it provides a safety net and allows you to manage and reduce risk
    ** How to actually create a diversified portfolio
    Thank you for joining me for this episode of Savvy Money Talks. If you love this episode, it would mean the world to me if you'd subscribe, leave a review or take a screenshot and share it on your insta stories. If you're not already, come hang out with me on insta @savvy.wealth
    If you know you need support with managing money and investing, make sure you join the waitlist for Financial Freedom Fundamentals https://savvywealth.com.au/financial-freedom-fundamentals-waitlist/
    The information shared on the Savvy Money Talks podcast is general in nature and does not consider your individual circumstances. It's for education purposes only and should not be relied upon to make financial or investment decisions. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial and tax advice tailored towards your needs.

    17 min
  • Ep4: Calculating your Financial Freedom Figure

    In today's episode, I delve into how to define what success looks like to you when it comes to financial freedom and how much money you need invested to generate sufficient income, allowing you to cover your expenses without depleting your initial investment.

    In this episode:

    ** I explain the FIRE and financial freedom movement

    ** How to calculate your three levels of financial freedom figures

    ** How much money you need invested to generate your desired levels of income

    ** Understanding how different returns and contribution amounts impact the timeframe to achieve your goals

    ** Some further considerations for Aussie listeners


    Thank you for joining me for this episode of Savvy Money Talks. If you love this episode, it would mean the world to me if you'd subscribe, leave a review or take a screenshot and share it on your insta stories. If you're not already, come hang out with me on insta @savvy.wealth

    If you know you need support with managing money and investing, make sure you join the waitlist for Financial Freedom Fundamentals https://savvywealth.com.au/financial-freedom-fundamentals-waitlist/
    The information shared on the Savvy Money Talks podcast is general in nature and does not consider your individual circumstances. It's for education purposes only and should not be relied upon to make financial or investment decisions. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial and tax advice tailored towards your needs.

    20 min
  • Ep3: Rentvesting & The Property vs Shares Debate

    In today's episode, I discuss the concept of rentvesting and the pros and cons of investing in property and shares or a combination of both.

    In this episode:
    ** I share about my property investing journey so far

    ** The Australian obsession with property and why it's not the only way to build wealth

    ** Some data on property and share returns in Australia that may surprise you

    ** How age pension eligibility works in Australia and some future considerations


    Thank you for joining me for this episode of Savvy Money Talks. If you love this episode, it would mean the world to me if you'd subscribe, leave a review or take a screenshot and share it on your insta stories. If you're not already, come hang out with me on insta @savvy.wealth


    If you know you need support with managing money and investing, make sure you join the waitlist for Financial Freedom Fundamentals https://savvywealth.com.au/financial-freedom-fundamentals-waitlist/


    The information shared on the Savvy Money Talks podcast is general in nature and does not consider your individual circumstances. It's for education purposes only and should not be relied upon to make financial or investment decisions. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial and tax advice tailored towards your needs.

    17 min
  • EP2: Demystifying Active vs. Passive Investing

    In today's episode I discuss the ongoing debate between active and passive management in share investing, sharing some actual data on whether active manages outperform the market over the short, medium and long term.

     

    In this episode:  

    ** I explain the difference between actively managed funds passively managed funds?

    ** Learn about the SPIVA report which compares active funds' performance against benchmarks over different time horizons.

    ** I share data from the SPIVA scorecard which shows underperformance rates for active funds increasing with longer timeframes.

    ** A summary of the Australian ETF market

    ** How recency bias influence investors decisions

     

    Thank you for joining me for this episode of Savvy Money Talks. If you love this episode, it would mean the world to me if you’d subscribe, leave a review or take a screenshot and share it on your Insta stories. If you’re not already, come hang out with me on insta @savvy.wealth  

     

    If you know you need support with managing money and investing, make sure you join the waitlist for Financial Freedom Fundamentals https://savvywealth.com.au/financial-freedom-fundamentals-waitlist/

    The information shared on the Savvy Money Talks podcast is general in nature and does not consider your individual circumstances. It’s for education purposes only and should not be relied upon to make financial or investment decisions. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial and tax advice tailored towards your needs.

    13 min

About Savvy Money Talks

From the publisher's feed

Welcome to Savvy Money Talks. This podcast is here to break down barriers and normalise women talking openly about money, investing, and wealth. Join host Cara, your financially savvy BFF, as she dives deep into the topics that will empower you on your journey to financial independence.