Money Madams

In our last episode, we spoke about the incentives that are available for those wanting to buy an electric car. In this episode, we chat to our fave car guru "Fro", about how to go about determining whether an electric car is likely to be a good fit for your lifestyle.

Electric Vehicles have come a long way, and there are record numbers arriving over the coming years and generous incentives being offered to encourage take up. If you are thinking about purchasing an electric vehicle for your next car and want a run down of the latest incentives available join us as we chat about the stick and carrot programs and what it could mean for you. Links: The FBT exemptio...

When relationships end it can often be expensive - but it doesn't have to be! In this episode we chat with Christina about her top tips for those going or planning to go through the separation process and what to expect. You can find Christina at https://www.simple-separation.com.au/

It's that time of year and we wish you a big (and legitimate) tax refund. Listen in as we cover some tips and traps to help you make the most of your tax lodgement along with an update on the changes that took effect as of 1 July 2022.

With inflation skyrocketing this year, HECS / HELP loans amounts are being adjusted 6 times higher than last year's level. In this episode we chat about the dates you need to be mindful of, how you can go about paying down your HECS loan, and some key considerations such as weighing up paying down your student debt v other loans or savings goals. 

If you've been paying attention to the nightly news or your super fund balance, you may have noticed that the markets have come off their recent highs and have been "jumpy". In this episode we chat about market volatility, the biggest mistakes people make when reacting to market wobbles and what the impact can be if deciding to move their investments into safer options during periods of market vol...

Interest rates have been at record lows but now it appears that interest rates are heading north. In this episode, we discuss the latest news on why interest rates are increasing, what the banks are predicting and how much they are expected to increase by the end of 2022. So with interest rates rising, fixing your mortgage interest rate becomes an important strategy to consider. With new fixed-rat...

In this episode, we are talking to Laura and Sarah about their FIRE (Financial Freedom Retire Early) journey.   They are inspiring. Managing to travel, buy a house and still be on track to retire early. You won't want to miss it.     If you are enjoying the show, please give us a like and a review on your fave podcast platform!

In the final episode of what to expect and plan for each decade, we look at life in your 60's and beyond.  Retirement isn't what it used to be and is more than money. We talk about lifestyle expectations and making your money last for the long haul.

Budget night has been and gone. As always there are winners and losers each budget night and special announcements made that could impact you. Tune in to this episode as Amber and Katherine explain the key measures that are likely to impact you.

We continue with our series for each decade this time looking into the opportunities and considerations in your 50's. We reveal the average super balance, life expectancy rates and discuss the "care sandwich."  This is the decade for fine tuning your finances in the lead up to the traditional  retirement in your 60's. Join us as we envision what our own 50's will look like.

Your 40's are a decade of a life lived large, whether it is family milestones such as kids in high school, divorce, your income increasing, health changes, butfor most people feeling like you are finally starting to "adult." In this episode, we chat about our own journeys and highlight some of the challenges, opportunities and of course check in on the average super balance for this age group. 

Your 30's are a whirlwind of a decade and often ends up being one of the biggest decades for responsibilities with finances, children and feeling the desire to make sense of it all when you have little to no time at all in which to do it. Tune in to this episode as Amber and Katherine focus on some key considerations for your thirties and the average superannuation balance most Aussies have at thi...

Your 20's are the years for figuring it out and having fun, but you also want to get your life sorted, start your career, think about your first home, relationships or maybe even when you may have kids. In short, there is a lot of decisions on your plate. In this episode, Amber and Katherine chat about the big financial decisions you'll likely make in your 20's and the difference it can make over...

We all want our money to work hard for us. Whether you consider yourself to be cautious or are prepared to take a lot of risk with your money, time frames when you are investing are a major factor. Amber and Katherine chat about how your timeframe can in some cases overrule your comfort level so you can safely maximise your money. Includes tips on avoiding seemingly "safe" investments and the card...

Welcome to 2022. If you are like us, you have a New Years resolution list to make improvements in your life whether it is financial, health, better habits or relationships. We delve into our goals and share some tools and strategies to boost your chances of succeeding in your endeavours, whatever they may be.  If you want help with automating your budget, check out the Money Madams shop via https:...

2021 Has been a big year for property prices, crypto, superannuation fund returns, Covid-19 and rumours about how this impacts your insurance. In this episode, we look through the big events of the year as we wrap up for 2021. To watch Jimmy Rees take on NFT's and to have a good laugh you can watch his video here: https://www.youtube.com/watch?v=SnIKohrRz4E Thanks for listening and we'll be back o...

You've asked for it so here it is. A full episode dedicated to all things defined benefit super. We are chatting with Naomi Horobin of Clover Group who lives and breathes defined benefit super funds.  Defined benefit super funds play by different rules to regular super funds when it comes to your retirement benefits, so if you want to learn more, tune in! If you would like to learn more, Naomi is...

In this episode, we go through your questions on borrowing to invest.  Why do people borrow to invest and what sort of benefits come from using debt to invest? When is a good time to borrow to invest? What is the difference between borrowing to invest and debt recycling? What are the risks and potential downsides? What do some people do at the end? Your exit options. Plus many more aspects to help...

Have you received a letter from your super fund to tell you that your super has been underperforming? Or are you simply wanting to ensure your super fund is a solid performer?  You may think you NEED to change super providers. You can, but there are other options, and some important things to consider BEOFRE you do make any changes.  In this episode, Amber and Katherine will talk through some opti...

Join us as we chat with Marion Mays about Financial Literacy and the lessons learned on her journey to becoming a financial coach and mentor. Marion shares her insights on the biggest roadblocks we set for ourselves that limits our ability to have a good relationship with money. Marion also shares how she guides the people she works with to have more confidence and wealth in their lives. If you wo...

Have you wondered whether you are going to have enough money in super when you retire? Do you know how much the average person will need for a basic versus a comfortable retirement? Would you like to know how to project where your super is headed and some changes that you could make to get you closer to the lifestyle in retirement that you want? If so tune into this week's episode.  You can find t...

Being in the Defence Force often comes with a wide and varied range of perks from subsidised home loans, health cover benefits and generous super fund arrangements, but it can also bring with it a unique set of challenges. Join us in this episode as we chat with Trish Gregory from the MilSpouse Money podcast about the issues that both the worker and the spouse often have to navigate when one or bo...

Not all conversations are easy, but when it involves the topics of Death, sex, or money, they are often especially difficult. If you can't talk about it, it makes it hard to learn about it. In this episode, Amber and Katherine chat about how they are handling these often taboo topics with their own kids to help them be prepared and ensure that the information comes from a trusted adult before it c...

If you had died yesterday, regardless of what life insurance you have in place... How would your loved ones manage the admin aspects of your life? This is often the more frustrating aspect for your loved ones after you pass. What can you do to make this process easier? What info should you consider noting down, what should you consider when storing and recording your pertinent details? Join us in...