Sharing More Than The Sheets

We all have bad habits. Bad habits are normal. Bad money habit are normal. But if we can reduce them, we can get ahead faster and potentially avoid devastating consequences. Michael goes back to an episode discussing some bad money habits that he regularly comes across when meeting clients and he discusses how some of them can be avoided.     Sharing More Than The Sheets is a podcast show to help...

Having the choice to do something and choosing not to do it is much better than wanting to do something and not having the choice at all. As a financial adviser, Michael's job is to help clients achieve their goals such as having the ability to retire, go on a holiday or buy a car. Having choice has many benefits from a relationship and mental health perspective and can even empower a couple to wo...

Risk is part of life and particularly, a part of investing. Not understanding it, can lead to bad decision making or in some cases, NO decision making at all. Michael discusses the relationship between risk and return as well as some factors to consider when trying to work out how much risk to take on.     Sharing More Than The Sheets is a podcast show to help couples make better financial decisio...

Any seasoned investor would know that building wealth usually means having the patience to look ahead and think long term as opposed to short term. While each person has different levels of experience and a different risk appetite, the fundamentals of investing can't be ignored. Michael goes through some of the benefits of investing for the long run compared to the short run and provides examples...

As we approach our 200th episode, Michael talks about purpose and how finding your purpose can have such a powerful impact on your life - beyond just the goal of money. He gives some examples that he has come across with couples in which purpose (or lack of) has significantly influenced how they manage their finances and make money decisions.     Sharing More Than The Sheets is a podcast show to h...

Confidence comes in many different forms and has many benefits in the real world. From a financial perspective, it also has significant benefits that may not be so obvious. As a financial adviser, Michael regularly provides advice to couples and improved confidence is usually one of the main benefits: confidence in the ability to retire, invest or spend money.     Sharing More Than The Sheets is a...

If you have ever spoken to Michael, you would know that he is big on his 'to do' lists. This week, he goes back to an episode dedicated to 'to do' lists. He highlights how they create efficiency, structure and accountability. He also shares some tips and tricks that can assist you in staying on top of your day and getting things done while sharing his favourite app that he still uses to this day....

Financial literacy is the ability to understand and effectively utilise various financial skills that can include personal financial management, budgeting, and investing. It historically has not been taught enough in schools and it is a vital skill that all Australian's should have to be able to make better decisions for themselves and their family. Michael goes through some of the ways that finan...

Conflict occurs in every relationship and money, in many of those occasions, is in the centre of it. Money conflict can also make or break a relationship. In this episode Michael and Lea Clothier discuss the relationship that some have with money as well as some strategies that couples can implement to help them manage and overcome money conflict.     Sharing More Than The Sheets is a podcast show...

Most have heard of the saying that 'consistency is key' but what does it actually mean? Jim Rohn once said that: Success is neither magical nor mysterious. Success is the natural consequence of consistently applying the basic fundamentals. In this episode, Michael discusses the power of consistency on a personal, health and financial level. He shares some examples that he has seen first hand with...

If you're reading this, there is a chance that you have had or currently have a budget with issues, holes or weaknesses. Unfortunately there is no 'one size fits all' approach or silver bullet but there are some things to watch out for that Michael goes through in this episode. He shares and discusses some very common mistakes that he comes across as an adviser of couples that you may be able to r...

Being accountable can have many benefits in our personal lives that are obvious in some cases but not so obvious in others. Sometimes, the benefits can be financial, personal or or health related. Michael dives into the topic of accountability and highlights why it may be one of the biggest benefits of seeing a financial adviser. He touches on a few examples that he has come across and provides so...

Many assume that the financial success of others is usually based on pure luck most of the time. As a financial adviser, Michael has discussed this topic with many clients and has seen the impact that luck has had on the financial situations of some. He discusses the role that luck plays in investing as well as some thoughts and experiences on the concept of getting lucky.     Sharing More Than Th...

Michael shares a recent experience that allowed him to stumble across the most relaxing thing that he has ever done. It is so simple and is definitely not a secret. To those that do it, it is no surprise and to those that haven't done it in a while (or ever), they are under estimating it's powerful effect. While this episode has nothing to do with money, it is one that is surely going to have a pr...

We all have a different relationship with money and it is important to understand that neither type is right or wrong but needs to be understood and acknowledged to be able to improve money decisions. Michael goes back to a very popular episode he recorded with Dr Charles Chaffin where he shared some insights from his research over the years. He shares some points to keep in mind when making money...

While homemade jam or hot sauce is usually better than anything else out there, it is not always the case with Wills. DIY Will kits can be dangerous with a whole range of issues that can arise when person drafts their own Will. In this episode, Michael invites Romy Fulljames to discuss these risks and to also identify some of the factors that need to be considered when drafting a Will. To contact...

Financial advice has some benefits that are tangible and some that are not so tangible. Until you have gone through the process, you wont really understand the impact that the right advice can have on your life. Michael goes back to outlining six reasons that you need a financial adviser and what impact it can potentially have on you and your family's life in the short, medium and long term.     S...

Life can get expensive and monthly saving can be challenging. There are some money saving strategies that can have a significant impact on your family's finances and motivate you to work towards your goals. In this episode, Michael shares some quick wins that he has seen or done himself to try to accelerate savings and manage the cost of living.     Sharing More Than The Sheets is a podcast show t...

A lesson from Michael's economics teacher in high school has stuck in his mind since and has influenced hundred's of his life decisions. In this instalment of Michael's Magic Moment, he gives some examples of opportunity cost being ignored and the effect it can have on your life if you do the same.     Sharing More Than The Sheets is a podcast show to help couples make better financial decisions s...

While this may seem like the most outrageous comparison, how you manage your washing and how you should manage your money should be very similar. In this episode, Michael shares his take on this analogy and how it came up in conversation when talking about a client's financial situation.     Sharing More Than The Sheets is a podcast show to help couples make better financial decisions so that they...

This is a topic that most of us can relate to. We naturally like helping each other but where do we draw the line? Whether on a professional, personal or financial level, most find it very hard to say no. Developing this valuable skill will not only help you have clarity on the decisions you make in life but it will help you grow both financially and personally.     Sharing More Than The Sheets is...

Without financial advice and guidance, retirees are guessing as to when they can retire and they are usually guessing as to how much they can retire on. Michael shares some of the biggest regrets of retirees and he also opens up on a recent experience that he had with a couple as they looked back on their retirement so far and why they wished they had done things differently.     Sharing More Than...

In many cases, those who we spend most of our time with have the biggest influence on our lives. In this episode, Michael goes back to a very important episode and starts off with a quote that he heard as a teenager that has had a significant influence on his life. The impact of those around us can affect our mindset, energy, motivation as well as our growth and can have a big impact on financial...

No financial strategy should be 'set and forget'. There are many benefits of reviewing what you are doing with your money - some are tangible and some are intangible. In this episode, Michael discusses the reasons that you and your partner should not just 'go with the flow'. He stresses the importance of regularly checking in to see if you are on track and critic where you are saving or investing...

We make money decisions all the time and the majority of them have some form of emotion attached to them. When it comes to spending money, Michael explores the idea of not just trusting that we will get it right without some form of control or process. He shares a personal experience and hopefully this episode will give you something to think about the next time you review your money habits.     S...