Glen and John answer a couple of great community questions but they focus on one really juicy case study around F.I.R.E. - check it out! Send your questions (short and sweet) to questions@mymillennial.money. Grab your tix to our live events tour!! Brisbane you're up first: https://www.sortyourmoneyout.com/tour Get $20 off The Glen James Spending Plan using the code "MAGIC". Link to course below! For podcast resources, links to our stuff, disclaimers & warnings about this episode + more... ch...
May 17, 2021•40 min•Ep 19•Transcript available on Metacast How do you factor expensive hobbies into your life and money system?? In this episode Lauren joins Glen to share how she does it, and even how she's managed to make a bit of cash through it, touching on: 👉🏼her expensive hobby - horses yay! 🐴 👉🏿what it was like buying a property with her income and her love of horses in the mix 👉🏻how owning and riding horses works when you live in the city, and some of the logistics and expenses 👉how she's making some cash as a riding instructor 👉🏽the m...
May 12, 2021•41 min•Ep 18•Transcript available on Metacast The Australian federal budget for 2021 is here peeps! Glen and John dig into the nitty gritty of what it looks like. Get $20 off The Glen James Spending Plan using the code "MAGIC". Link to course below! For podcast resources, links to our stuff, disclaimers & warnings about this episode + more... check out: https://www.sortyourmoneyout.com/shownotes 🛑 This podcast is for education and entertainment purposes. It is not intended as a substitute for professional financial, tax or legal advice...
May 12, 2021•27 min•Ep 18•Transcript available on Metacast John and Glen (hanging out in NZ) answer your questions, including: 👉🏻Q1: how to manage an upcoming inheritance of $200k while I’m on Youth Allowance studying full time? 👉🏿Q2: how to really get started with a side hustle - business plan, finance etc? 👉🏼Q3: I would like to know more about interest rate cuts and what this means for younger people like myself? 👉🏽Q4: superannuation - specifically when you start making additional contributions? 👉Q5: a long term goal of mine is to own 3 inves...
May 10, 2021•44 min•Ep 18•Transcript available on Metacast Victoria Devine from She's On The Monday and Glen share a very important public service announcement - this is a must-listen!! If you're struggling financially do not hesitate to contact the National Debt Helpline to talk through your situation - 1800 007 007 or visit https://ndh.org.au/ Check out Victoria's upcoming book: booktopia.kh4ffx.net/Zd6EVK Get $20 off The Glen James Spending Plan using the code "MAGIC". Link to course below! For podcast resources, links to our stuff, disclaimers &...
May 07, 2021•39 min•Ep 18•Transcript available on Metacast In the m3 community recently there's been chatter about the ethics of owning investment properties. Who better to bring into this discussion than philosopher, Peter Singer. In this episode Glen chats through the concept, and gleans some great tools for working through perspectives on ethical issues. Peter also answers some of your questions! Take a look at Peter's latest book, The Golden Ass : https://booktopia.kh4ffx.net/rnaRDR Here's the details of Peter's upcoming events tour: https://thinkin...
May 05, 2021•52 min•Ep 17•Transcript available on Metacast Glen and John answer your questions, including: 👉🏽Q1: Just wondering what the financial implications are of selling a house around 2 years after having purchased it? 👉Q2: In one of your very early episodes you mentioned rent shouldn’t be more than 30% of your pay. Mine is 50% but I’m struggling to find a job with a higher income :( Any tips? 👉🏿Q3: Leaving the corporate world to do a carpentry apprenticeship. 3 steps back got 10 forward. How to save while reducing wage? 👉🏻Q4: Credit and le...
May 03, 2021•45 min•Ep 17•Transcript available on Metacast Mark Dombkins and his wife have 3 adopted kids and have 3 biological kids - all equally loved and valued in their family. In this episode Mark shares about their family story, touching on: 👉🏿how his family's adoption story started and how it's progressed over the years 👉🏻the speedbumps and challenges they experienced, and how they worked through those 👉🏽what it was like moving overseas and some of the considerations involved for their family 👉the culture and trends around adoption and fam...
Apr 28, 2021•48 min•Ep 16•Transcript available on Metacast John is back people!! To welcome him back Glen lined up some interesting case studies from the community to chew over, touching on: 👉🏿feeling a little burnt out and wanting to change careers 👉🏻dodgy job offers 👉🏼circumstances where can you request to have all your long service leave paid out 👉🏽buying a first home, maxxing super contributions and investing in shares Get $20 off The Glen James Spending Plan using the code "MAGIC". Link to course below! For podcast resources, links to our s...
Apr 26, 2021•1 hr 6 min•Ep 16•Transcript available on Metacast Hey!!!!!!!!! Would love you to listen to this announcement and join us face-to-face in the coming months! GET YOUR TICKETS HERE: https://www.sortyourmoneyout.com/tour Thanks to our tour partners... Open Trader: https://opentrader.com.au/ OpenTrader is Australia’s most competitive self-directed retail trading platform for professional traders and those who want to invest like a pro; from only $5 per trade. Bricklet: https://bricklet.com.au/ Bricklet makes it easy and straightforward to get into d...
Apr 25, 2021•11 min•Ep 16•Transcript available on Metacast Emma has gone back to study after doing family life in her early 20s, so in this episode she joins Glen to share how she did it, and how life doesn't always have to be done in the same order as everyone else. The convo touches on: 👉🏾having kids in her early 20s and what this was like 👉🏻some of the challenges and upsides to early family life and managing money around that 👉🏿how she came into studying psychology after have 4 kids 👉the amazing work psychologists do 👉🏾her experience owning ...
Apr 21, 2021•33 min•Ep 15•Transcript available on Metacast Do you have a million sweet ideas you want to make happen? Then listen in, cos we're the same lol. In this episode Glen and Azaria chat through how to make your idea work, touching on: 👉🏼sitting/sleeping on your idea before launching 👉how to measure whether your idea is a goer and YOU are ready to press go 👉🏿not getting caught up in analysis paralysis 👉🏽using your team, mentor, friends or family to help you nut out whether the idea is worth pursuing (don't tell too many people though, tru...
Apr 19, 2021•59 min•Ep 15•Transcript available on Metacast Jess in the m3 team has a property conundrum to hash out so she hooked up a clarity call with John to talk it out. In this convo they chat through: 👉where things stand currently and what Jess is considering 👉🏿the areas of the process Jess isn't totally sure about and some possible options to move forward 👉🏽the questions Jess needs to ask herself to really hone in on some clarity around what she wants to do If you'd like to book in a clarity call with John get in touch with us: https://www.s...
Apr 14, 2021•52 min•Ep 14•Transcript available on Metacast This is part 2 in our personal insurances series - this episode just focuses on the questions you sent in touching on: 👉🏿whether it's worth getting cover for partners who might be stay-at-home parents or may not be the main income earner for the household 👉🏻how the policies might shift if you're about to go on maternity leave or your work hours are likely to change 👉how and when adjustments are made to your policies as your situation changes 👉🏽why checking in regularly with the adviser wh...
Apr 13, 2021•2 hr 37 min•Ep 14•Transcript available on Metacast Friend of the show Phil Thompson joins Glen to go deep about personal insurances! This is part 1 in a 2 part series really digging into: 👉🏼Death Cover 👉🏿Total & Permanent Disability (TPD) Cover 👉🏻Trauma or Critical Illness Cover 👉🏾Income Protection (or salary continuance) 👉🏼what underwriting is 👉🏽the best way to think about personal insurances in comparison to other insurances you buy in life Check out Glen's experience of claiming on his trauma insurance: https://player.whooshka...
Apr 12, 2021•1 hr 8 min•Ep 14•Transcript available on Metacast Georgia King is the co-host of the She's On The Money podcast and we're stoked to have her on the show to share a bit about herself! This chat touches on: 👉a bit about her money perspective and goals 👉🏿bill hacks Georgia uses to win at bills 👉🏽relationship and money stuffs 👉🏿some other fun chit chat about podcasting and margaritas woo Get $20 off The Glen James Spending Plan using the code "MAGIC". Link to course below! For podcast resources, links to our stuff, disclaimers & warnings...
Apr 08, 2021•32 min•Ep 13•Transcript available on Metacast What the heck is Fringe Benefits Tax (FBT)? Scott Young from Altus Financial knows, let's ask him! In this episode Glen brings your questions to Scott, touching on: 👉🏾Fringe Benefits Tax (FBT) - what it is and how it works 👉what salary packaging is vs salary sacrificing - what's included and how it's often managed 👉🏻novated leases 👉🏼the questions you sent in to ask Scott! If you're keen to check out Altus Financial for your needs, reach out: https://www.sortyourmoneyout.com/reach-out Get ...
Apr 07, 2021•35 min•Ep 13•Transcript available on Metacast Welcome to the podcast today from the front of Glen's boat! This is perhaps a "beginner" level episode - so who can you forward it to? First home super saver scheme video: https://www.youtube.com/watch?v=rDFXb_AcuU0 Check out Glen's Personal Financial Plan ebook: https://bit.ly/glenspersonalplan Get $20 off The Glen James Spending Plan using the code "MAGIC". Link to course below! For podcast resources, links to our stuff, disclaimers & warnings about this episode + more... check out: https:...
Apr 05, 2021•41 min•Ep 13•Transcript available on Metacast You loved it so Glen and Vince have done it again - another deep dive campfire chat (2 hours baby!). These convos are pretty loose and involved Glen and Vince sharing their thoughts, hashing out ideas and touching on all that's out there in the investing space. Good fun if you're a little further along in your investing adventure. Get $20 off The Glen James Spending Plan using the code "MAGIC". Link to course below! For podcast resources, links to our stuff, disclaimers & warnings about this...
Mar 31, 2021•2 hr 6 min•Ep 12•Transcript available on Metacast Joe Saul-Sehy is the creator and co-host of the Stacking Benjamins and Money With Friends podcasts, and a friend of Glen's! Joe was a financial planner for 16 years before turning his hand to teaching his listeners about personal finance. In this episode he helps answer your questions, including: 👉🏽Q1: Currently I’m a student attempting to save for a house. Currently my partner and I nearly have 10% of our deposit saved. Although this is our goal all I want is a golden retriever. When is the b...
Mar 29, 2021•42 min•Ep 12•Transcript available on Metacast Glen is joined by John Pidgeon and Emily Wallace (from my millennial property) to talk about the wild times that are out there for first home buyers. Get $20 off The Glen James Spending Plan using the code "MAGIC". Link to course below! For podcast resources, links to our stuff, disclaimers & warnings about this episode + more... check out: https://www.sortyourmoneyout.com/shownotes 🛑 This podcast is for education and entertainment purposes. It is not intended as a substitute for profession...
Mar 26, 2021•34 min•Ep 11•Transcript available on Metacast Zandile has an amazing story - seriously! In this episode she joins Glen to share a bit about herself, touching on: 👉🏿what it was like growing up in Zimbabwe and how she came to be in Australia 👉her experience of money growing up, and some of the cultural differences with money between Zimbabwe and Australia 👉🏻what she studied and the field she's been working in 👉🏽the incredible life lessons she's learnt throughout her life - setting boundaries and staying focused on her goals Check out Z...
Mar 24, 2021•34 min•Ep 11•Transcript available on Metacast A bunch of our listeners are expats living overseas, and knowing what to do with your money can be a challenge. So in this episode James Ridley from Atlas Wealth joins Glen to talk through some listener questions around Aussies residing and working overseas. The convo touches on: 👉🏻Q1: I'm hoping to be an expat in the future, how would it work if I own an investment property in Australia? 👉🏿Q2: Is there a way to set up a business in a tax free haven? 👉🏼Q3: Should we keep contributing to Au...
Mar 22, 2021•54 min•Ep 11•Transcript available on Metacast Strap in folks! Vince is back and with Glen they share a campfire chat about ETF's and investing, going deeeeeep (1.5 hours deep hehe). The convo touches on: 👉🏿what ETF's are, how they came about, the overall concept and the basics of how they work 👉🏽some of the terminology you'll hear thrown around in the space and what they mean 👉🏻the many options available to you out there, and how to start thinking about which one is right for your situation 👉🏾questions around ETF's from the m3 commu...
Mar 17, 2021•2 hr 35 min•Ep 10•Transcript available on Metacast Friend of the show and financial adviser, Amanda Cassar, joins Glen to answer your questions! 👉Q1: how can women keep up when we often make less? 👉🏼Q2: I've saved almost $80k and I'm looking at buying my first investment property and first property in general. I've also had the opportunity to invest into a managed fund, which I've been following for a while, and I trust the people managing it, their process and fees. I'm wanting to invest $10k into the fund but I'm worried about how this will...
Mar 15, 2021•24 min•Ep 10•Transcript available on Metacast Tim Harford is an economist, journalist, author and podcaster - and Glen is a HUGE fan! Very exciting and such an honour to have him as a guest on the show. In this episode they chat about: 👉🏿his Cautionary Tales podcast: https://timharford.com/etc/more-or-less/ 👉cognitive bias and how we perceive facts, events and situations 👉🏽how statistics can be bent and shaped to support certain perspectives 👉🏾the importance of checking ourselves and ensuring we're considering all angles before diggi...
Mar 10, 2021•54 min•Ep 9•Transcript available on Metacast We're celebrating International Women's Day a little longer, so in this episode the Jess's from the m3 team have taken over as hosts! One of the Jess's did Frugal February so together the ladies talk through how it went, what worked and where things could be done better in future. The chat touches on: 👉🏽a little breakdown and analysis of the areas where Jess was able to save money 👉🏾the sneaky hacks Jess used to save cash - specific to her situation 👉🏿how important it is to know why you're...
Mar 08, 2021•48 min•Ep 9•Transcript available on Metacast Today is International Women's Day! Sending big love and vibes to all the women out there who make this world what it is! In this episode Marlee Silva joins Glen to share her story. Marlee is a born storyteller, a proud Gamilaroi/Dunghutti woman, podcaster, writer and all-round creative. They chat about: 👉🏾what she has planned for her podcast this year (subscribe link below ⬇) 👉🏽the dreams she had for her life and how they've unfolded 👉🏿the opportunities she's had and how she navigated the...
Mar 07, 2021•50 min•Ep 9•Transcript available on Metacast How are you performing in all areas of your life? Are you burning out or slaying? In this episode Vanessa Bennett from Next Evolution Performance joins Glen to answer some community questions, including: 👉🏿Q1: how do you cope with burnout? 👉🏻Q2: how to find mental health support on a low income? 👉Q3: how to address when a co-worker is overworking themselves to the point it sets an unspoken precedence for the rest of the office? i.e. future deadlines set to tighter deadlines as projects are ...
Mar 03, 2021•55 min•Ep 8•Transcript available on Metacast Glen hosted the first my millennial money meet up for the year on the sunny Gold Coast! In this episode live audience members asked the following questions: 👉Q1: What are methods for sharing finances with a partner? 👉🏾Q2: How do you withdraw and use equity from a 1st property to buy a 2nd? 👉🏼Q3: What are some of the tax deductions you can claim on an investment property? + what is depreciation and a depreciation schedule? 👉🏽Q4: Is it worth buying shares for businesses like Afterpay & ...
Mar 01, 2021•41 min•Ep 8•Transcript available on Metacast