360 Money Matters

Welcome back to another episode of the 360 Money Matters Podcast! When investment markets are volatile, changing your investment strategy can become a tempting option that is usually driven by fear or greed. .  In this episode, we talk about how to invest when markets are volatile. It is the nature of the market to go up and down, so if you are tempted to sell your assets, you need to listen to th...

Welcome back to another episode of the 360 Money Matter Podcast! In this week's podcast, we show you how to keep your Christmas spending under control so you don't have a post-Christmas Financial hangover!!. With inflation rising, the Christmas spend will no doubt hit harder this year so we go through some tips and tricks to make sure that you can make the most out of your Christmas spend without...

Welcome back to another episode of the 360 Money Matter Podcast! With the cost of living and interest rates skyrocketing, we need to strategically manage our cash flow and try to keep a lid on expenses. The 50/30/20 rule of thumb is a way to allocate your budget according to three categories: needs, wants, and financial goals. It's not a hard-and-fast rule but rather a rough guideline to help you...

Welcome back to another episode of the 360 Money Matter Podcast! If you have a surplus of money, what should you do? Pay off your mortgage or invest? Both can provide attractive options to help facilitate your wealth creation and retirement goals and each option has its benefits.  Today, we will talk about the things to consider when deciding on if you should pay down your mortgage or invest in th...

Welcome back to another episode of the 360 Money Matter Podcast!  When talking about investments, our goal is to always get a good return. But when we invest ethically, investing becomes more than just getting a good ROI, but it is more on giving to others and to the world.  With all the concerns our society is facing today, especially on environmental issues, people are inspired to contribute in...

Welcome back to another episode of the 360 Money Matter Podcast! October 25 saw the new federal government release their budget, and in this episode we're telling you everything you need to know about it.  We'll be discussing the outcomes of the budget, who is impacted and what to expect. Overall, we view the budget to be quite positive, as most of it aims to deliver support where it is needed in...

Welcome back to another episode of the 360 Money Matter Podcast! Negative gearing is a strategy and concept that we have all probably heard of at some point. In this episode, we will examine this concept, discuss the strategy and help you make an informed decision if this is right for you. At surface level, negative gearing can give you great benefits such as accumulating assets to build wealth, a...

Welcome back to another episode of the 360 Money Matter Podcast! In our experience as financial advisors, we've heard people often say "I need 1 Million Dollars to retire".  Well today, we're here to give you a clear answer on what you actually need in order to  prepare for your retirement.  How much money do you need in retirement? The short answer, you need as much as you can get! Going into det...

Welcome back to another episode of the 360 Money Matter Podcast! For today's episode we will be discussing with you the RBA (Reserve Bank of Australia) increasing interest rates, the effect of it on those of us that have a mortgage and what are some of the things you can do to position yourself. So tune in now to get some ideas and strategies on how you can manage this.  This is a key time to exam...

Welcome back to another episode of the 360 Money Matter Podcast!  In the previous episode, we shared the differences between passive and active investments. In this episode, we discuss what a recession is, how to prepare for one, and tips to help you get through it with as little financial impact as possible.   With a recession and slowing GDP, your cash flow and budget are especially important du...

Welcome back to another episode of the 360 Money Matter Podcast! For today's episode, we're mixing things up a bit and Billy and Andrew go head to head in a  debate on what is a better investment approach: passive or active investments.  On the topic of investments, the first thing that usually comes to mind is the word "money". However, investing is more than just the funds you put in. It also re...

Welcome back to another episode of the 360 Money Matter Podcast! In the previous episode, we gave you updates on the investment market and the factors affecting it.  In this episode, we'll be sharing proven strategies to help you develop your cash flow management and budget strategy skills. It all begins with being realistic about your financial situation and expectations. From there, you'll be ab...

Welcome back to another episode of the 360 Money Matter Podcast! Investment markets have been moving so rapidly in the last few months, we figured it would be important to highlight some of the key takeaways. In today's episode, we'll be sharing a quick and accurate rundown of what's happening in the Australian and World Markets.. Beginning with the inflation, the property market, possibility of r...

Welcome back to another episode of the 360 Money Matter Podcast! Lender's Mortgage Insurance - To pay or not to pay, that is the question.    Apart from the loan you take out, there is a Lender's Mortgage Insurance (LMI) included when the bank has to lend more than 80% of the property's total value. However, this insurance premium doesn't benefit the borrower but only serves as a safety blanket fo...

Welcome back to another episode of the 360 Money Matter Podcast! Assets are the modern-day version of treasures.  In order to take care of your treasure, you'd have to pick the most suitable and safe structure you could store it in.    Before choosing where to place your assets, there are key things you must take into consideration. We want to put emphasis on choosing the right ownership structure...

Welcome back to another episode of the 360 Money Matter Podcast! One of the most common misconceptions in financial planning is the separation of the assets from cash flow. We often deal with the resistance of people when it comes to converting their assets into income.   While we understand the emotional attachment to the asset, especially when it comes to property, producing income to support yo...

Welcome back to another episode of the 360 Money Matter Podcast! When will you know you're ready to begin investing? Many people believe that investing requires a large sum of money and that it would take years to save a sizable amount in order to start investing. This mindset on investing is very far from the truth. The key to successful investing is to begin early, stay invested and invest for t...

Welcome back to another episode of the 360 Money Matter Podcast! No one is more concerned about your financial well-being than yourself. So, having a good financial plan will help you save money, time, and meet long-term goals.  In this milestone 50th episode, we will go over some of the steps to creating your own financial plan, including the elements that we look at when putting a plan together...

Welcome back to another episode of the 360 Money Matter Podcast! In today's podcast, we talk about buy/sell arrangements and how business partners can protect their business interests in the event of death or permanent disability. These events could be unpredictable and thus require advanced planning.    With the example of our partnership, we are going to walk you through what the Buy/Sell Agreem...

Welcome back to another episode of the 360 Money Matter Podcast! Usually, when we prepare to invest, we're also prepared to potentially lose our money if we don't tread carefully. But did you know there are options that are available with zero risk? They've been around for a while now and aren't new to the market– They're not for everyone, however, they can form a hugely beneficial part of an inve...

Welcome back to another episode of the 360 Money Matter Podcast! As the world and Australia feel the impact of inflation and rising prices, it raises the question; is it the right time to invest in property?   In this episode, we really wanted to emphasize that when you begin investing in such a large scale asset, you need to work within your means and really assess the affordability - even if thi...

Welcome back to another episode of the 360 Money Matter Podcast! Making mistakes is just an unfortunate by-product of investing and something that anyone who has participated in financial markets has experienced. We will share some of the missteps that we have made in the past or have seen our clients make and how you can avoid this.   In this episode, we wanted to sit down and talk about common m...

Welcome back to another episode of the 360 Money Matter Podcast! Do you have excess cash flow, or maybe a surplus of cash right now? While there are many different ways to go about using that excess, one of the most common questions we get would be should I pay my debts or should I pay into superannuation?   And while there's no definitive all-answer to that question, we really wanted to dive into...

Welcome back to another episode of the 360 Money Matter Podcast! With a lot of talk going around about investment markets, we really wanted to clear the fog and really sift through some of the noise to get to the crux of what's happening, what's causing it, and what you can do in this market.   Unemployment is currently at low levels and inflation is continuing to ramp up. Mortgage stress is start...

Welcome back to another episode of the 360 Mother Matter Podcast! We have recently spoken about superannuation, death taxes, and some changes to superannuation rules. Today we put this all together in a scenario for a client.   In this particular scenario, our client is 65 and still working. What we're able to do for this client was convert his entire superannuation to 'tax-free' as well as reduce...