We all have questions about money; how to earn it, how to spend it, and the best ways to invest so we can watch it grow.
The Friends With Money podcast, created by Money Magazine (Australia’s longest-running and most-read personal finance magazine), shares its extensive network of finance experts, in-depth knowledge of markets and timely advice to help you understand the world of money.
Hosted by senior writer, Tom Watson, and editor-in-chief, Michelle Baltazar, Friends With Money is a weekly chat with a variety of credentialed guests that you won’t want to miss. Listening and learning will help you on the path to financial freedom.
July 1st brings money-savings changes! In this BONUS episode of the Friends With Money Podcast, Money's Vanessa Walker and Tom Watson break down the latest financial changes that could save you money. Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.au See omnystudio.com/listener for privacy information....
There's a lot of misinformation out there about building a property portfolio, and making the wrong decisions can seriously stall your investment journey. This week on the Friends With Money podcast, Money's Michelle Baltazar cuts through the noise with Damian Collins, property expert and financial guru. Together they help you: Debunk the median price myth Become a neighbourhood insider New vs Old: Make an informed choice Avoid emotional pitfalls Craft your dream portfolio #friendswithmoney #mic...
Should your investment portfolio have a home bias, an international focus or something in between? On this episode of the Friends With Money podcast, Money’s Tom Watson is joined by Tony Sycamore, market analyst at IG Australia, to discuss local and international markets and asset allocation. How optimistic are traders about local and global markets? Which Australian and international stocks are investors trading? Is there any issue with having a home bias? What are the pros and cons of holding ...
Can't afford to BUY a house on your own? Property pals might be your answer! With the typical home loan repayment between $3000-$7000 PER MONTH, sharing the burden with your friends may be the key to home ownership. This week on the Friends With Money podcast, Money's Michelle Baltazar chats with Matt Bowen, head of consumer and market insights at ING, about this NEW option for purchasing property. IT COVERS The latest survey on home ownership What is a property pal? How do you start? How do you...
Forget confusing financial jargon and feeling lost in a sea of investment options! Is a financial advisor the missing piece to your financial puzzle, or is that an unnecessary cost? This week on the Friends With Money podcast, Money's Michelle Baltazar is joined by Financial Advisor Jeremy Lack from TelstraSuper as they debunk the myths about seeking simple solutions to financial planning. Tune in to find out: The hidden benefits of financial advice (beyond just investments and taxes) The ideal ...
Australians have $1.5 trillion stashed away in deposit accounts, but are we losing out by settling for subpar savings rates? This week on the Friends With Money podcast, Money’s Tom Watson is joined by Rachel Wastell, personal finance expert at Mozo, to chat about setting yourself up for savings success. Have banks passed on cash rate hikes to savers? What are the highest savings account rates around? Why are some savers reluctant to switch banks? How can you choose an account that suits your ne...
Ready to build wealth but unsure how to begin? Investing in stocks is a great way to jumpstart your financial future. Thanks to new online platforms and mobile apps, trading is more accessible than ever. This week on the Friends With Money podcast, Money's Michelle Baltazar explores the world of stock investing with Craig Keary, CEO of SelfWealth. They tackle common questions like: What does a typical investment portfolio look like? How much money do I need to start investing? What is a HIN (Hol...
Tax season is nearly upon us once again, so what are the tax changes you need to know about and the steps you can take to start to prepare? This week on the Friends With Money podcast, Money’s Tom Watson is joined by director of tax communications at H&R Block, Mark Chapman, to talk all things tax in the lead up to the 2024/25 financial year. They discuss: Stage three tax cuts and small business changes Property, crypto and other ATO focus areas Working from home deductions How to start gett...
Did you know emotions can get in the way of how well you manage your money? Being aware of the money lessons you learned during childhood, and the feelings that come up around finances when you think or talk about them, can be a great first step towards taking control of your finances and creating real wealth. This week on the Friends with Money podcast, Money’s Joanna Tovia is joined by financial advisor Dawn Thomas from The Wealth Designers to talk about how to improve your relationship with m...
The 2024 Federal Budget is less than a week away, so what can we expect to see in the way of cost of living relief and other measures from the government? That's the topic of discussion on this episode of the Friends With Money podcast featuring host Tom Watson and deputy chief economist at AMP, Diana Mousina. What is the economic backdrop to the 2024 federal budget? Is the government likely to provide further cost of living relief? Could any new housing affordability measures be included? Will ...
Since Covid restrictions eased, we have been traveling overseas more than ever. But when budgets are tight, how can we save money and still have the holiday we've been dreaming of? This week on the Friends With Money Podcast, Money's Michelle Baltazar chats with Tristan Dakin, ANZ Country Manager at Wise, about saving hundreds of dollars on travel costs. The real cost of cross-currency expenses Avoiding ATM fees Is pre-paying an option? Best way to pay when overseas Top tips to save when travell...
The end of the financial year is fast approaching, so is now the time to check in on your super and consider an extra contribution? This week on the Friends With Money podcast, Money’s Tom Watson is joined by Renae Anderson, manager of select advice at UniSuper, to chat about the super moves worth considering before and after July 1. They discuss: When and how to make a personal contribution Whether it’s possible to top up a spouse or partner’s super The new super guarantee rate in 2024-25 Advic...
Whether it’s purchasing a home or paying off credit card, we all have financial goals we want to achieve, but seeing them through is not always the easiest of tasks. This week on the Friends With Money podcast, Money’s Tom Watson is joined by Mohamed Khalil, head of financial wellbeing, research and design at ANZ, to discuss the psychology behind goals and the steps we can take to set, progress and achieve them. How should people approach setting a goal? Why can utilising the Fresh Start Effect ...
Have you thought about how your super is invested? Taking the time to consider, and even adjust, your investment settings could impact your balance down the track. This week on the Friends With Money podcast, Money’s Tom Watson is joined by Jeremy Lack from TelstraSuper Financial Planning to discuss picking an investment option in your superannuation. How do super funds invest? What investment options can members choose from? How can super holders get their investment mix right? What kind of imp...
Interest rates have reached a peak. At least, that’s the consensus among many experts who expect rates to start to fall in the near future. So how can borrowers and savers prepare? This week on the Friends With Money podcast, Money’s Tom Watson is joined by Rachel Wastell, personal finance expert at financial comparison website Mozo, to discuss the possible timing and impact of any future rate cuts. What is the Reserve Bank saying? When are economists expecting rates to fall? Are banks already a...
Ever wondered if it’s possible to take out a loan to build your share portfolio? After all, investment loans are common place in property investing. This week on the Friends With Money podcast, Money’s Tom Watson is joined by Lily Elliott, head of margin lending specialists Leveraged, to discuss the ins and outs of margin loans. How are margin loans different from other loans? What kind of equities can be purchased with a margin loan? How much can investors borrow, and what determines that? When...
Home internet and mobile plans may have become part and parcel of everyday life, but that doesn’t mean you need to be paying over the odds to stay connected. This week on the Friends With Money podcast, Money’s Tom Watson is joined by the managing editor of WhistleOut Australia, Alex Choros, to discuss getting a better deal on your broadband and mobile phone plans. Who are the different providers? How do mobile networks and the NBN work? What are the most important features when comparing plans?...
When it comes to online shopping, we've quickly become experts at undermining our long-term financial goals. Making better decisions that prevent us from going further into debt and increase our overall cashflow is the key to getting what we want. This week on the Friends With Money podcast, Money's Michelle Baltazar chats with financial educator, The Broke Generation podcast host, and author Emma Edwards about the 3 ways you can start to improve your spending habits. The importance of financial...
Australians are set to pay less income tax from July this year, so what’s changed and who will benefit the most? This week on the Friends With Money podcast, Money’s Tom Watson is joined by the director of tax communications at H&R Block, Mark Chapman, to discuss the revamped stage three tax cuts. Why were the stage three tax cuts proposed in the first place? What did the original stage three cuts look like? What changes has the government made, and why? How much money can taxpayers expect t...
With prices soaring above a million dollars, breaking into the property market is a daunting quest. If you're just starting out, Is there a way to own your own home, or is it mission impossible? This week on the Friends With Money Podcast, Money's Michelle Baltazar chats with John Pidgeon, author of Sort Your Property Out & Build Your Future , about overcoming the challenges of the current market. Is there a perfect time to enter the market? How do you save for a deposit? What you can buy no...
Australian investors poured billions of dollars into exchange-traded funds during 2023, but which ETFs returned favour with the best performance? This week on the Friends With Money podcast, Money’s Tom Watson is joined by Cameron Gleeson, senior investment strategist at Betashares, to chat about the performance of the ETF market in 2023 and look forward to the trends emerging in 2024. What’s driven the appetite for ETFs in the last decade? What made fixed-income ETFs so appealing last year? Wha...
Retirees will naturally want to make the most of their super come retirement, so what kind of income strategies can they employ to ensure their nest egg lasts the distance? This week on the Friends With Money podcast, Money’s Tom Watson is joined by Caroline Rees of TelstraSuper Financial Planning to chat retirement income strategies. How should retirees think about longevity? Is expenditure likely to change throughout retirement? What kind of retirement income strategies can people employ? How ...
Higher than expected price growth surprised many experts last year, but how will the property market perform in 2024? This week on Friends With Money, host Tom Watson is joined by Terry Ryder, managing director of Hotspotting, to dig into the standout property locations around the country for 2024. How did property markets perform in 2023? What will drive property prices in 2024? What are the standout locations for growth? Will property prices fall anywhere? #friendswithmoney #tomwatson #terryry...
2024 is heating up to be a great year to invest in the stock market! What are the hot stocks you should be paying attention to? This week on the Friends With Money Podcast, Money's Michelle Baltazar chats with Jess Amir, MooMoo's Market Strategist, about her top tips on what to watch out for in 2024. Simple ways to start investing Ways to educate yourself on the stock market Megatrends for 2024 #friendswithmoney #michellebaltazar #jessamir #moomoo Listen on Apple Podcasts Listen on Google Podcas...
What type of investor are you? To get the best return on investment, you need to know! This week on the Friends With Money podcast, by popular demand, Money's Michelle Baltazar chats with Money's investment guru, podcaster, and author, Marcus Padley, about defining investor types by colour. What colour are you? Beware the red zone True blue is probably you #friendswithmoney #colour #invest #michellebaltazar #marcuspadley Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money ...
If you want to know how to make and invest lots of money, one of the best ways is to learn from someone who built their fortune and became a billionaire. In this special edition of the Friends With Money Podcast, Money's Michelle Baltazar chats with Ken Fisher, the billionaire founder and executive chair of Fisher Investments, about the best way to build your financial future. • What's the best way to start investing? • Think globally • Will there be a recession? @FisherInvestAU @KennethLFisher ...
According to the World Economic Forum, cybercrime is the fifth most pressing concern for the global economy. Governments worldwide are spending hundreds of millions to combat lone-wolf hackers and nation-states. Sounds like an investment opportunity, right? This week on the Friends With Money Podcast, Money's Michelle Baltazar speaks with Jess Leung, portfolio manager at Global X ETFs, about how you can invest in the cybersecurity sector. What is cybersecurity? Hacking and scams are on the rise!...
Happy New Year! What will you do in 2024 to improve your financial health? This week on the Friends with Money podcast, Money's Michelle Baltazar chats with author and Comm Bank personal finance expert Jess Irvine about ideas you can implement to improve your finances. Quick wins! Resolutions for the year Ideas that never really work #friendswithmoney #2024 #resolutions #michellebaltazar #jessirvine Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcas...
Aussie banks are increasingly rolling out personalised carbon insights to their app users. But what are carbon footprints, and do they matter? This week on Friends With Money, host Tom Watson is joined by Rachel Alembakis, Managing Editor of FS Sustainability, to chat all things carbon footprints. What is a carbon footprint? Do carbon footprints even matter at an individual level? How can we reduce our carbon footprints? Can our superannuation choices impact our footprints? #friendswithmoney #ca...
2023 has been a bit of a mediocre year for the Australian market, but could 2024 prove brighter? This week on the Friends With Money podcast, host Tom Watson is joined by chief investment analyst at Wealth Within, Dale Gillham, to chat about the Australian stocks that could shine bright next year. They discuss: How the Australian market has performed in 2023 Why 2024 could be a better year The blue chip stocks to keep an eye on A smaller company worth watching #friendswithmoney #tomwatson #daleg...
