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 money. How do emotions get in the way of sound money management?Why are feelings of guilt, shame and apathy so common when it comes to money?Why it’s important to celebrate the things we’ve done right with our moneyWhat a healthy relationship with money looks like5 tips to better manage your money  #friendswithmoney #psychology #wealth #family Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

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 there be any superannuation or tax changes? #friendswithmoney #tomwatson #dianamousina #federalbudget Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

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 feesIs pre-paying an option?Best way to pay when overseasTop tips to save when travelling #friendswithmoney #michellebaltazar #tristandakin #traveltips Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

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 contributionWhether it’s possible to top up a spouse or partner’s superThe new super guarantee rate in 2024-25Advice for women looking to boost their super balancesThe range of advice available from super funds #friendswithmoney #tomwatson #renaeanderson #superannuation This episode is brought to you by UniSuper. Links: For calculators: Superannuation calculators & tools | UniSuper For upcoming webcasts: UniSuper Learning Hub (on24.com) Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.au   The information in this podcast is of a general nature and doesn’t consider your personal circumstances. Before making decisions, you should consider whether the information is appropriate for your circumstances otherwise seek financial advice.See omnystudio.com/listener for privacy information.

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 be helpful?Is it important for goals to have a specific end date?How can automation help people progress their financial goals?Is it important for goals to have a purpose? #friendswithmoney #tomwatson #mohamedkhalil #financialgoals Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

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 impact can investment options have come retirement?Where can super members go for guidance?  #friendswithmoney #tomwatson #jeremylack #superannuation This episode is brought to you by TelstraSuper.   Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.au   Disclaimer: Jeremy Lack is a financial adviser with Telstra Super Financial Planning Pty Ltd ABN 74 097 777 725 AFS Licence No. 218705. TelstraSuper Financial Planning provides financial advice service to members of TelstraSuper ABN 85 502 108 833. Telstra Super Pty Ltd ABN 86 007 422 522 is the trustee of TelstraSuper and wholly owns TelstraSuper Financial Planning.  Advice that Jeremy gives is of a general nature and does not take into account the particular circumstances or needs of any specific person and because of that, you should consider your own circumstances before acting on any advice . If you are considering acquiring a financial product from TelstraSuper you should read the relevant product disclosure statement and target market determination before making a decision which are available  at  www.telstrasuper.com.au.  The financial services guide for TelstraSuper Financial Planning is available at www.telstrasuper.com.auSee omnystudio.com/listener for privacy information.

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 adjusting their rates in anticipation?Is there anything mortgage holders can do to prepare?What should savers consider doing now? #friendswithmoney #tomwatson #rachelwastell #interestrates Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

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 and how do investors pay the loan back?What are the potential risks and benefits involved? #friendswithmoney #tomwatson #lilyelliott #investing #marginloans Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

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?What are some of the cheapest mobile and internet deals around?Which providers are offering the best value plans?How can Australians stay connected while travelling overseas? #friendswithmoney #tomwatson #alexchoros #broadband #mobile Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

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 psychologySlow down your purchase decisionsThe good, bad, and ugly of buy-now-pay-laterStick to your budget, but you can have several Link: Go to moneymag.com.au for your chance to win one of Emma's new books #friendswithmoney #michellebaltazar #emmaedwards #goodwithmoney #thebrokegeneration Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

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 to save?How quickly will people notice a difference in their pay? #friendswithmoney #tomwatson #markchapman #tax Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

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 now vs your forever homeFive tips to achieve your goals #friendswithmoney #michellebaltazar #johnpidgeon #propertyinvestment Enter now for your chance to win one of the ten copies of John Pidgeon's Book Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify   Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

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?What are the most popular ETFs on the market?Which ETFs were the best performers in 2023?Are there any ETF trends worth keeping an eye on in 2024? #friendswithmoney #tomwatson #camerongleeson #investing Read more about the 2023 Australian ETF review from Betashares.  Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

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 can retirees deal with volatility? #friendswithmoney #tomwatson #carolinereese #superannuation This episode is brought to you by TelstraSuper. Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.au   Caroline Rees is a financial adviser with Telstra Super Financial Planning Pty Ltd ABN 74 097 777 725 AFS Licence No. 218705. TelstraSuper Financial Planning provides  financial advice service to members of TelstraSuper ABN 85 502 108 833. Telstra Super Pty Ltd ABN 86 007 422 522 is the trustee of TelstraSuper and wholly owns TelstraSuper Financial Planning  Advice that Jeremy gives is of a general nature and does not take into account the particular circumstances or needs of any specific person and because of that, you should consider your own circumstances before acting on any advice . If you are considering acquiring a financial product from TelstraSuper you should read the relevant product disclosure statement and  target market determination before making a decision which are available  at  www.telstrasuper.com.au .See omnystudio.com/listener for privacy information.

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 #terryryder #property Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

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 investingWays to educate yourself on the stock marketMegatrends for 2024 #friendswithmoney #michellebaltazar #jessamir #moomoo Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

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 zoneTrue blue is probably you #friendswithmoney #colour #invest #michellebaltazar #marcuspadley Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

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 #friendswithmoney #billionaire #advice #michellebaltazar #kenfisher Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

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!Is this a fad or a growth stock? #friendswithmoney #cybercrime #invest #michellebaltazar #jessleung Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.

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 yearIdeas that never really work #friendswithmoney #2024 #resolutions #michellebaltazar #jessirvine Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: podcast@moneymag.com.auSee omnystudio.com/listener for privacy information.