More Than Money

Your Money Questions Answered

Questions: 00:00: Introduction 00:40: How can I start investing in the Australian stock market with a small amount of money? 01:55: What percentage of my income should I be saving each month to reach my financial goals? 03:30: What are the factors that affect my credit score in Australia and how can I improve it? 06:30: What are the tax benefits of contributing to a superannuation fund? 08:15: How can I negotiate a higher salary or benefits package in my industry in Australia? 11:30: What are the best strategies for paying off my HECS DEBT or other debt quickly and efficiently 14:45: How can I build an emergency fund that can cover up to six months of my living expenses in Australia? 17:00: What are the benefits and drawbacks of buying a property versus renting in Australia? 20:15: What are some effective ways to budget and manage my expenses? 22:20: What are some ways to reduce my tax bill and maximise my deductions in Australia? 24:25: How can I save money on my regular expenses such as groceries, utilities, and entertainment in Australia? 28:00 What are the best ways to save for a down payment on a property in Australia?

Ask a question | ⁠⁠⁠www.rossmarais.com/askross⁠⁠⁠

Episode Sponsor | This episode is brought to you by ⁠⁠⁠More Time Financial⁠⁠⁠, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book a free initial 30-minute consultation - ⁠⁠⁠moretimefinancial.com.au/get-started/⁠⁠⁠

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

Hello and welcome to More Than Money! In today's episode, we'll be discussing the importance of preparing for a job change. We'll be sharing valuable strategies that will help you land your next dream job. We'll start by talking about the essential steps that you need to take when preparing for a job change, including updating your resume, networking, and identifying potential job opportunities. We'll share with you some useful tips for finding job openings, such as job search engines, online job boards, and professional networks. Next, we'll delve into the different stages of the hiring process, including submitting applications, interviewing, and negotiating job offers. We'll give you some valuable advice on how to ace job interviews, such as researching the company, preparing for common interview questions, and dressing appropriately. Moving on, we'll cover strategies for making a smooth transition to a new job, including notifying your current employer, setting expectations with your new employer, and managing your finances during the transition. We'll also emphasise the importance of negotiating salary and benefits, understanding the value of your skills and experience, and effectively communicating your worth. In addition, we'll provide valuable advice for financial planning during a job change. We'll talk about how to plan for gaps in income between stopping and starting a new job by building an emergency fund or taking on freelance work in the interim. We'll also highlight the importance of researching the average salary for your position and negotiating for a fair wage, as well as understanding the benefits package and retirement plan offered by your new employer. Thank you for tuning in to this episode of More Than Money. We hope you find the information and strategies we share today helpful as you prepare for your next career move.

Ask a question | ⁠⁠www.rossmarais.com/askross⁠⁠

Episode Sponsor | This episode is brought to you by ⁠⁠More Time Financial⁠⁠, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book a free initial 30-minute consultation - ⁠⁠moretimefinancial.com.au/get-started/⁠⁠

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

In this episode we discuss everything about working with a buyers agent with our guest, Oliver Dunstan, director and senior buyer's agent at Rose & Jones Queensland. Oliver shares his background and experience in the field. He takes us on his personal journey into the industry moving from a research analyst to buyer’s associate then buyer’s agent in Sydney, NSW before moving to Gold Coast, QLD, and highlights the differences between the Sydney and SEQ market.

We delve into Oliver's role in helping clients purchase properties, how he works, and the benefits of working with a buyer's agent. Oliver also shares some time-saving tactics when it comes to finding a property and the advantages of having access to off-market purchases. We also discuss his experience during the Covid-19 pandemic and the expansion of his business from a buyer's agency to property management.

Oliver imparts valuable tips and advice for those who want to get into the property market, including first homebuyers and investment property owners. We also discuss common mistakes people make when searching for and buying a home, as well as sharing his property management tips.

This episode is perfect for anyone who is looking to purchase a property or considering working with a buyer's agent. 

About Oliver 

As Director and Senior Buyer’s Agent at Rose & Jones Queensland, Oliver oversees business operations whilst assisting clients with a unique, personalised property acquisition service. With years’ of experience across the Gold Coast, Byron Bay and prime property markets of Sydney, Oliver has intimate knowledge and understanding of all Real Estate transactions. Moving from a Research Analyst to Buyer’s Associate then Buyer’s Agent, he brings a careful, informed approach to the property buying process. Boasting a proven track record in sourcing, analysing and negotiating real estate transactions, he has since secured over $100 million worth of property for his clients – across both the residential and commercial sectors. Oliver combines an intimate local knowledge with an advanced skill set that has been refined in the most competitive and dynamic markets in Australia.

Oliver Dunstan 

• Instagram | @oliver.buyersagent
• Tiktok | @oliver.buyersagent 

Rose and Jones QLD

• Instagram | @roseandjonesqld
• Website | queensland.roseandjones.com.au

Ask a question | ⁠⁠www.rossmarais.com/askross⁠⁠

Episode Sponsor | This episode is brought to you by ⁠⁠More Time Financial⁠⁠, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book a free initial 30-minute consultation - ⁠⁠moretimefinancial.com.au/get-started/⁠⁠

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

In this episode, we explore the importance of financial education in Australia. We discuss the current state of financial education in Australia and the potential consequences of financial illiteracy. We also delve into the benefits of financial education, including improved money management skills and better decision-making in relation to personal finances. Potential solutions to the lack of financial education in Australia and how these solutions could be implemented. Whether you're a student, a young professional, or simply interested in personal finance, this episode provides valuable information and resources for improving your financial literacy.

Ask a question | ⁠www.rossmarais.com/askross⁠

Episode Sponsor | This episode is brought to you by ⁠More Time Financial⁠, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book a free initial 30-minute consultation - ⁠moretimefinancial.com.au/get-started/⁠

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

Welcome to the More Than Money podcast where we like to chat with people who are doing something a little bit different and not following the traditional 9-5 life. We cover all kinds of topics related to lifestyle, money, and business.

Today, we're excited to have a special guest who has an inspiring story to share. We're talking to Nova Jane, a successful business owner who's been through a lot of major life events and has learned valuable lessons along the way.

Nova has a "why not" way of thinking which is awesome, and I always walk away from our conversations feeling inspired and challenged to see things in a different way. Today, we'll be chatting with her about her journey as a business owner and all the things she's learned over the past few years.

We cover Nova’s background and learn about her business statistics. We discuss a bit about her experience as a business owner, how long she's been in business, and how many businesses she's started, stopped, or failed. We also chatted about her previous jobs before going into business.

We discussed why she started her business and what it was like to start a business. We also talk about the struggles of being a business owner, like dealing with the comparison game of bigger is always better and not being able to switch off. Nova, also shares tips for anyone who's starting a business or an e-commerce business.

We also talk about money and Nova’s relationship with money and how her beliefs and behaviours about money have changed as she has grown.

If you're interested in learning from someone who's experienced it all as a business owner and wants to share her insights with you, then tune in to this podcast. Don't forget to leave your comments and share your thoughts on what you've learned from our guest.

Nova Jane

• Instagram - @novajanefit_
• TikTok - @novajane8

Fitcover

• Website - fitcover.com
• Instagram - @fitcoveraustralia

GBANGER

• Website - gbanger.com/
• Instagram - @gbangeraustralia
• TikTok - @gbangeraustralia

Ask a question | www.rossmarais.com/askross

Episode Sponsor | This episode is brought to you by More Time Financial, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book a free initial 30-minute consultation - moretimefinancial.com.au/get-started/

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

Your Superannuation Questions Answered

Questions

0:00 - Intro

2:15 - What is superannuation and why is it important?

5:10 - How do I open a superannuation account?

7:10 - How do I make contributions to my super?

9:45 - Can I access my super before retirement?

11:31 - How do I choose an investment option for my super?

14:00 - How do I check the balance of my super account?

15:53 - How do I consolidate my multiple super accounts?

20:08 - What happens to my super when I change jobs?

21:48 - Can I withdraw my super when I retire?

Ask a question | www.rossmarais.com/askross

Episode Sponsor | This episode is brought to you by More Time Financial, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book a free initial 30-minute consultation - moretimefinancial.com.au/get-started/

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

In this episode, we provide a comprehensive guide to superannuation in Australia. We explain what superannuation is and how it works, including the different types of contributions, investment options, and tax benefits. We also discuss the factors to consider when choosing a super fund and how to determine the right investment strategy for your superannuation. Plus, we explore the government incentives available to encourage retirement savings and the impact of superannuation on retirement income. Whether you're just starting to save for retirement or you're looking to make the most of your existing superannuation, this episode has everything you need to know.

Chapters

• 2:20 - Compound interest
• 6:55 - The purpose of superannuation
• 9:40 - Withdrawing superannuation during Covid 19
• 10:45 - Myths about superannuation
• 18:30 - How superannuation & investments work
• 23:00 - When you can access superannuation (withdrawing money from superannuation)
• 26:00 - Using your superannuation in retirement
• 27:05 - Active income vs passive income
• 31:25 - Contributing money into superannuation
• 36:25 - Superannuation is an investment vehicle not an investment
• 40:20 - Superannuation and insurance

Calculations

• Starting investment - $0.00
• Yearly investment - $7,000 (assuming salary of $70,000 investing 10% Super Guarantee is currently 10.50%)
• Years invested - 40
• Annual interest rate - 9%
• Calculator | https://moneysmart.gov.au/budgeting/compound-interest-calculator

Disclaimer

A model not a prediction. Results are only estimates, the actual amounts may be higher or lower. We cannot predict things that will affect your decision, such as changing interest rates.

This calculator is not intended to be your sole source of information when making a financial decision.

Assumptions

• Initial deposit is made today.
• Regular deposits are made at the end of year, month, fortnight, week, or day (according to the deposit frequency you set).
• Interest is credited either monthly or annually, in line with standard industry practice.
• The delayed start comparison feature will have the same regular deposit frequency.

Ask a question | www.rossmarais.com/askross

Episode Sponsor | This episode is brought to you by More Time Financial, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book a free initial 30-minute consultation - moretimefinancial.com.au/get-started/

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

Your Investment Property Questions Answered 

Questions  

• 0:00 - Intro
• 2:00 - What are some good ways to get started in property investing?
• 6:50 - How can I tell if a property is a good investment?
• 12:00 - What are some risks to consider when investing in property?
• 17:15 - Are there any tax benefits to investing in property?
• 20:15 - What are some tips for successful property investing?
• 26:35 - How do I find good investment properties?
• 29:50 - What is a property investment trust (REIT)?
• 31:60 - Are there any downsides to investing in?

Ask a question | www.rossmarais.com/askross

Episode Sponsor | This episode is brought to you by More Time Financial, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book a free initial 30-minute consultation - moretimefinancial.com.au/get-started/

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

Welcome to Part 2 of 2 in our Investment Property Deep Dive Episodes. If you have not listened to last week's episode yet, go back, and listen to that one before starting on this week's episode.

Listen to Part 1 Here: anchor.fm/morethanmoneyau

In this episode we cover the following:

• What to keep in mind before you start investing in property
• How to find a suitable investment property
• And finally, once you have found a property, what are some strategies for managing your property and maximising your investment returns

Ask a question | www.rossmarais.com/askross

Episode Sponsor | This episode is brought to you by More Time Financial, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book a free initial 30-minute consultation - moretimefinancial.com.au/get-started/

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

Welcome to Part 1 of 2 in our Investment Property Deep Dive Episodes.

In this episode, we cover the following:

• How to make money from property
• Pros and Cons of investing in property
• Why investment properties are favoured over other investment types
• What are the different properties to choose from

In next week's Part 2 episode, we cover the following:

• What to keep in mind before you start investing in property
• How to find a suitable investment property
• And finally, once you have found a property, what are some Strategies for Managing Your Property and maximising your investment returns

Ask a question | www.rossmarais.com/askross

Episode Sponsor | This episode is brought to you by More Time Financial, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book a free initial 30-minute consultation - moretimefinancial.com.au/get-started/

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

Investing Questions 

• 1:37 - I'm new to investing. Where do I start? 
• 4:03 - I'm not sure if I have enough money to start investing. 
• 5:58 - What are some good investments for beginners? 8:15 - I'm worried about taking too much risk. How can I minimise risk With my investments? 
• 10:55 - How do I know if my investments are performing well? 
• 14:51 - I want to invest for the long term. What are some good strategies? 
• 16:25 - I'm not sure I understand all the jargon and technical terms. Can you explain them in simpler terms? 
• 18:08 - How do I know if I'm making the right investment decisions? 
• 19:50 - I'm interested investing in real estate. What should I consider? 
• 21:56 - I'm worried about the tax implications of investing, what should I know?

Ask a question | https://www.rossmarais.com/askross

Episode Sponsor | This episode is brought to you by More Time Financial, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book in for a free initial 30-minute consultation - https://moretimefinancial.com.au/get-started/

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

In this episode, we'll cover everything you need to know to get started on your investing journey. We'll explain the different types of investments available, such as stocks, bonds, and managed funds, and help you understand how to create a diversified portfolio. We'll also discuss the importance of setting financial goals and creating a budget, and provide tips on how to minimise risk and maximise returns. By the end of this episode, you'll have a solid foundation in the basics of investing and be well on your way to building wealth for the future.

Ask a question | https://www.rossmarais.com/askross

Episode Sponsor | This episode is brought to you by More Time Financial, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book in for a free initial 30-minute consultation - https://moretimefinancial.com.au/get-started/

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

EP 53 -  Estate Planning Deep Dive w/ Tara Lucke

Ask a question | https://www.rossmarais.com/askross

Episode Sponsor | This episode is brought to you by More Time Financial, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book in for a free initial 30-minute consultation - https://moretimefinancial.com.au/get-started/

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

In this episode, we will be discussing the importance of organising and managing the distribution of your assets and possessions after you pass away. 

We will cover topics such as creating a will or trust, making arrangements for the care of minor children, and establishing a plan for managing your financial affairs if you become incapacitated. Estate planning is essential to ensure that your wishes are carried out and to minimise the possibility of disputes among your loved ones. Tune in to learn more about this critical topic.

Resources 

• Watch full episode on YouTube: https://youtu.be/4x-Q8XH7Etw 
• Wills & Powers of Attorney: moneysmart.gov.au/wills-and-powers-of-attorney

Ask a question | https://www.rossmarais.com/askross

Episode Sponsor | This episode is brought to you by More Time Financial, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book in for a free initial 30-minute consultation - https://moretimefinancial.com.au/get-started/

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

Welcome to this week's episode of the More Than Money Podcast, where we discuss strategies for protecting your wealth and safeguarding your financial future.

In this episode, we'll discuss the importance of emergency savings funds and personal insurance.

First up, emergency savings funds. These are essential for covering unexpected expenses and can help alleviate financial stress in times of need. But how much should you aim to save in your emergency fund? Generally, we recommend saving enough to cover at least three to six months' worth of living expenses. This will give you a solid foundation to fall back on in unforeseen circumstances.

Next, we'll discuss personal insurance. This is another critical tool for protecting your wealth and ensuring financial stability. There are several types of insurance to consider, including; life insurance, Total and Permanent disability, income protection and crisis/trauma insurance. Life insurance can provide financial security for your loved ones during your unexpected death.

Tune in to this week's episode to learn more about the importance of emergency savings funds and personal insurance and how they can help protect your wealth and safeguard your financial future.

Thanks for listening!

Resources

• Life Insurance: moneysmart.gov.au/lifeinsurance
• Total and Permanent Disability Insurance: moneysmart.gov.au/TPDinsurance
• Income Protection: moneysmart.gov.au/incomeprotection
• Trauma Insurance: moneysmart.gov.au/traumainsurance
• Health insurance: moneysmart.gov.au/health-insurance

Ask a question | https://www.rossmarais.com/askross

Episode Sponsor | This episode is brought to you by More Time Financial, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book in for a free initial 30-minute consultation - https://moretimefinancial.com.au/get-started/

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

Everyone could do with some extra money in their pocket each week; however, whenever I talk to people about earning extra money, they usually think they have to get a second job or do something that they don't have time for. So these five ways to make some extra money, if done right will not take up too much of your time and don’t require you to work a weekend job.

5 “almost” effortless ways to make a little extra cash

• Get a Roommate (for homeowners and renters) Flatmates.com.au
• Airbnb your room or house (for homeowners only) Airbnb.com.au
• Sell your unused shit on gumtree or Facebook marketplace Gumtree.com.au
• Put your car to work Carnextdoor.com.au
• Consider becoming a pet sitter and get paid to look after some friendly little pets Madpaws.com.au

Ask a question | https://www.rossmarais.com/askross

Episode Sponsor | This episode is brought to you by More Time Financial, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book in for a free initial 30-minute consultation - https://moretimefinancial.com.au/get-started/ 

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

In this episode, we discuss how do credit cards work and what you need to know before applying for one. 

Credit Card Calculator: https://moneysmart.gov.au/credit-cards/credit-card-calculator

Ask as question | https://www.rossmarais.com/askross

Episode Sponsor | This episode is brought to you by More Time Financial, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book in for a free initial 30-minute consultation - https://moretimefinancial.com.au/get-started/ 

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

In this episode, we discuss 3 Steps to Take Control of Your Debt:

1. Review your current debt and understand what you owe, much your repayments are and when you need to pay your debt off by 
2. Understand what type of debt you have Good, Bad or Shit / toxic debt 
3. Decide what you will do with your debt, retain it, restructure, remove, reduce, refinance or consolidate it.

Ask as question | https://www.rossmarais.com/askross

Resources: 

• Money smart debt 
• https://moneysmart.gov.au/managing-debt
• Money smart, mortgage calculator https://moneysmart.gov.au/home-loans/mortgage-calculator
• Money smart personal loan calculator: 
• https://moneysmart.gov.au/loans/personal-loan-calculator
• Interest calculator 

Episode Sponsor | This episode is brought to you by More Time Financial, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book in for a free initial 30-minute consultation - https://moretimefinancial.com.au/get-started/ 

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

Cashflow & Money Management. In this episode we talk about the third part of building your financial foundations which is ‘How to manage your Money, structuring your bank accounts to help you take control of your money so you can understand where all of your money is going.

Resources 

• My Prosperity Wealth Portal - https://www.moretimefinancial.com.au/wealth-portal 
• Pay Calculator - https://paycalculator.com.au/
• Expenses list -https://docs.google.com/spreadsheets/d/e/2PACX-1vS7jlxbppBImRBc_PK96jyFiz0YH8FjWAJVoC4YAZ-BlkWejLWi7b5qd5D-Wtn8YQ/pub?output=xlsx 

Episode Sponsor | This episode is brought to you by More Time Financial a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book in for a free initial 30-minute consultation - https://moretimefinancial.com.au/get-started/ 

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

The Goal Planning Process: Understand What You Want to Achieve and Why

Steps 

1. Create your wish list 
2. Create your goals board 
3. Create an action plan for each goal 

Resources

• Wish List Template 
• Goals Board Template 
• Alan Watts - if money was no object video - https://www.youtube.com/watch?v=khOaAHK7efc 
• Compound interest calculator - https://moneysmart.gov.au/budgeting/compound-interest-calculator 

Episode Sponsor | This episode is brought to you by More Time Financial a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book in for a free initial 30-minute consultation - https://moretimefinancial.com.au/get-started/ 

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

On the More Than Money Podcast, we will be having real conversations about Lifestyle, Money and Business.

In this episode, we are talking about how to Get Financially Sorted to help you determine where are you right now?

• Step #1 - What do you own? 
• Step #2 - What do you owe?
• Step #3 - How much do you earn?
• Step #4 -  How much do you spend?

Resources 

• My Prosperity Wealth Portal - https://www.moretimefinancial.com.au/wealth-portal 
• Pay Calculator - https://paycalculator.com.au/ 
• How to create a mygov account https://www.servicesaustralia.gov.au/mygov-help-create-mygov-account 
• How to link mygov services - https://www.servicesaustralia.gov.au/mygov-help-link-service-using-linking-code 
• Last Pass - password management - https://www.lastpass.com/
• Expenses list -https://docs.google.com/spreadsheets/d/e/2PACX-1vS7jlxbppBImRBc_PK96jyFiz0YH8FjWAJVoC4YAZ-BlkWejLWi7b5qd5D-Wtn8YQ/pub?output=xlsx 

Episode Sponsor | This episode is brought to you by More Time Financial a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book in for a free initial 30-minute consultation - https://moretimefinancial.com.au/get-started/ 

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

On the More Than Money Podcast, we will be having real conversations about Lifestyle, Money and Business.

Find out more about Tanera Instagram - https://www.instagram.com/real_ttime619/

Episode Sponsor | This episode is brought to you by More Time Financial a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book in for a free initial 30-minute consultation - https://moretimefinancial.com.au/get-started/ 

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

In this episode, I decided to get a few of my mates together to chat about all things money. This is part two of two episodes so be sure to head back to part one before listening to this episode. 

Throughout this episode, we discuss a range of topics including: 

• Money do’s and don’t when shouting your mates 
• Mistakes people make when buying a house 
• Cryptocurrency
• Purchasing a car 
• Purchasing a property
• Being self-employed and asking for money from clients 

 

Find out more information about topics discussed in this episode: 

• Salary packaging - Find out more 
• Salary sacrificing - Find out more 
• Negative interest rates, what does this mean? - Find out more 

Episode Sponsor | This episode is brought to you by More Time Financial a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book in for a free initial 30-minute consultation - https://moretimefinancial.com.au/get-started/ 

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

In this episode, I decided to get a few of my mates together to chat about all things money. This is part one of two episodes so be sure to continue listening for part two. 

Throughout this episode, we discuss a range of topics including: 

• Money do’s and don’t when shouting your mates 
• Mistakes people make when buying a house 
• Cryptocurrency
• Purchasing a car 
• Purchasing a property
• Being self-employed and asking for money from clients

Find out more information about topics discussed in this episode: 

• Salary packaging - Find out more 
• Salary sacrificing - Find out more 
• Negative interest rates, what does this mean? - Find out more 

Episode Sponsor | This episode is brought to you by More Time Financial a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book in for a free initial 30-minute consultation - https://moretimefinancial.com.au/get-started/ 

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

Ask Me Anything - Answering your money questions 

1:40 - Question #1 Is it better to Airbnb or Rent my property long term?  
10:40 - Question #2 How do I learn how to save money?  
16:00 - Questions #3 - How do you split money with your partner?  
19:55 - Questions #4 - How to keep investment property records for tax purposes?

Episode Sponsor  | This episode is brought to you by More Time Financial a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book in for a free initial 30-minute consultation - https://moretimefinancial.com.au/get-started/ 

Disclaimer

In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

In this episode, I am being interviewed about the challenges and complexities of running your own business, especially for younger business owners. Some of which include, balanced your business growth and goals with your personal and lifestyle goals. Not planning ahead, the difficulty obtaining/applying for finance or a mortgage. Juggling cash flow and knowing what money is yours to spend on personal things, what money is the business’s and what money is the tax mans

Episode Sponsor  | This episode is brought to you by More Time Financial a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book in for a free initial 30-minute consultation - https://moretimefinancial.com.au/get-started/ 

Disclaimer

In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

In today’s episode, I share with you an interview with Craig Hill who owns and operates Howzit Property Management and Airbnb management business, the @Caba_cottage and @the_beachflat. Throughout this episode, I chat with Craig about his personal Airbnb story, how he started sleeping in the car on weekends and renting out his unit. How he has been able to take his passion for property to start his own property management business. Advice and tips for others wanting to get started renting their property on Airbnb and much, much more.  

Learn more about Craig and Howsit Property Management 

• Website - howzit.com.au/ 
• Instagram - @howzit_mgt 
• Instagram - @Caba_cottage

 

Episode Sponsor  | This episode is brought to you by More Time Financial a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book in for a free initial 30-minute consultation - https://moretimefinancial.com.au/get-started/ 

Disclaimer

In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

In this episode, I will share with you some of the common challenges that I see business owners, sole traders and self-employed clients dealing with. This includes understanding what money in their business is their own personal money to spend or take out as a salary, what money needs to be kept in the business to cover business expenses and how much money needs to be put aside or withheld for the taxman.

Company base tax rates will vary depending on your turnover and are subject to change every financial year. 

Income tax calculator | Use this calculator to quickly estimate how much tax you will need to pay on your income. https://paycalculator.com.au/ 

Episode Sponsor  | This episode is brought to you by More Time Financial a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book in for a free Initial 30-minute consultation - https://moretimefinancial.com.au/get-started/ 

Disclaimer

In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

In this episode, I share with you an interview with Britt Snow who, along with her husband Josh, founded and currently run the elopement collective, previously known as the pop-up wedding co. As you will hear in this episode, the elopement collective is a squad of wedding industry leaders and creatives that create epic and intimate elopements for couples in Australia and around the world. 

Eloping is something that appears to become more accepted as a potential alternative for the traditional 80 - 100 person wedding or Event as Britt describes it. As we discussed throughout this episode, some of the benefits include not only the potential cost savings, a lot less stress and time involved in having a plan and organise your special day. Most importantly the opportunity for couples to have a day of their choosing, without all of the external pressure and expectations that seems to come with having a wedding. 

Throughout this episode, I discussed with Britt 

• How they were able to take their original goal of booking 12 weddings a year. To now having grown a business with an annual turnover of over $600,000, as well allowing their family to travel the world doing something they love. 
• How the original idea of the pop-up wedding co which turned into the elopement collective was born 
• The decision for Britt and Josh to quit their full-time jobs and start their business
• Some of their biggest failures and lessons they have learnt so far with running their own business
• What they know now that they wish they had known when first starting the business 
• The growing trend of eloping 
• How eloping works and what are the costs involved 
• The wedding industry as a whole 
• Some of the amazing travel destinations that they have travelled to including Iceland, New Zealand and New York  

Learn more about Britt and The Elopement Collective 

• Website - elopementcollective.com
• Instagram - @elopementcollective
• Facebook - @elopementcollective

To stay up to date with the latest news, sign up to

In today’s episode, I will share with you a real-life client scenario of Kim & Kanye (not their real names) clients that I have been working with for the past few years in my business More Time Financial. As a result of working together, we were about to increase their savings by $1,000 pm / $12,000 pa and we were able to go from being $20,000 in debt to having a house deposit of $50,000 and purchasing their first house in less than 18 months. 

Episode Sponsor  

This episode is brought to you by More Time Financial a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

To stay up to date with the latest news, sign up to More Than Money Newsletter and get insights, tips and resources to help you make smarter decisions with your money delivered straight to your inbox each week

Disclaimer

In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

In this episode, we speak to Brittnay and Jay who are full time, professional house and pet sitters. They both love travelling and taking care of animals to date they have looked after over 90 pets in 14 countries. This podcast was recorded in January 2020 while Jay is on a boat in Carriacou which is the largest island in the Grenada / Grenadines and sits around 30km North of the main island of Grenada. It has a population of around 8,000 and is fairly small at around 30km square.

Learn more about Britt and Jay 

• Website - thetravellinghousesitters.com 
• Instagram - @thetravellinghousesitters
• Learn house to become a house sitter by signing up to their House Sitting Course

Resources mentioned in this episode 

• Trusted House Sitters - https://www.trustedhousesitters.com/ 

To stay up to date with the latest news, sign up to More Than Money Newsletter and get insights, tips and resources to help you make smarter decisions with your money delivered straight to your inbox each week

Episode Sponsor  

This episode is brought to you by More Time Financial, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Disclaimer

In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

Starting a Business, Breakups & Travel With Emily Gough

In this episode, we speak to Emily Gough about: 

• Going back to school 
• Changing careers 
• Starting a business 
• Relationship breakdown 
• Travel 
• Pros and Cons of working remotely 
• Your money story and money beliefs 

About Emily 

Some things you may not know about her:

• A handful of my favourite things include deadlifts, dark chocolate PB cups and patting every dog I meet.
• I’ve held random jobs that include everything from working in a warehouse and bartending in nightclubs for years, to customer service at a well-known chain and managing large corporate sales accounts in the automotive industry.
• I have BA in Criminal Justice & Psychology, plus certifications as a personal trainer, group fitness instructor and holistic nutritionist - and it all somehow led me to where I am today.
• Whether it’s walking, hiking, lifting heavy weights or trying to learn to love the assault bike, I’m usually in motion.
• I laugh a lot, even at inappropriate moments. I try to find the light in everything, and will also always encourage you to feel all the feels, otherwise, they have a habit of coming back to bite us in the ass 10X over.
• The hardest lesson I’ve learned is that life isn’t going to go according to plan. Ever. The faster you learn to let go of “the plan,” the more adaptable you will be and that will allow you to see and appreciate the most beautiful parts of the unexpected.

Learn more about Emily 

• Website - emilygoughcoaching.com
• Podcast - Room to grow podcast 
• Instagram - instagram/emily

Resources mentioned and topics discussed in this episode

• Rules on opening and closing joining bank account - moneysmart.com.au/jointbankaccounts 
• Relationships and money - moneysmart.com.au/relationships
• Defacto laws in Australia - familylaw/defacto

To stay up to date with the latest news, sign up to More Than Money Newsletter and g

Topics discussed in this episode:

• Podcast show name change 
• Give you a life update of what has been happening in my life for the past 12 months 
• Taking a 1-month working holiday in Bali (January 2020)
• Dealing with Covid 
• Working from Home for the past 12 months 
• Experience of dealing with the share market chasing
• Some of the important life and money lessons from COVID 

Episode Sponsor  

This episode is brought to you by More Time Financial. A financial planning, money management and financial education company that are on a mission to help young Australians make smarter decisions with their money. 

About Me: Ross Marais 

I am a Gen Y Financial Adviser & CoFounder of More Time Financial. 

Follow me Online Here: 

Website | rossmarais.com

Instagram | Instagram@rossmarais

Facebook | Facebook@rossmaraisoffical

Youtube | Youtube@rossmarais

LinkedIn | LinkedIn@rossmarais

Twitter | Twitter@rossmaraisfp

In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

In this episode we speak to Luke Ridden from Granddad Jacks about Startup business, whisky, gin and distillery.

Topics discussed in this episode:

• The decision to start a distillery on the Gold Coast
• The process of taking an initial idea, building their distillery and opening their doors for business
• Some failures, / hurdles / issues that he has had to overcome
• Challenges of being in business with Family
• The importance of social media for your business?
• How to maintain work life balance when starting a business
• His favourite places to eat / drink on the Gold Coast

 

Granddad Jacks - Craft Distillery & Nanobrewery

Pop in for a drink @ 45 Lemana Lane, Miami Qld 4220

Website - granddadjacks.com/

Instagram - @granddadjacks/

Facebook - @granddadjacks

YouTube - @granddadjacks

 

Episode Sponsor  

This episode is brought to you by More Time Financial. A financial planning, money management and financial education company who are on a mission to help young Australians make smarter decisions with their money. 

To stay up to date with the latest news, sign up to The Young Money Newsletter and get insights, tips and resources to help you make smarter decisions with your money delivered straight to your inbox each week

About Me: Ross Marais 

I am a Gen Y Financial Adviser & CoFounder of More Time Financial. For the past 4 years I have been on a mission to help young Australians make smarter decisions with their money. 

Follow me Online Here: 

Website | rossmarais.com

Instagram | Instagram@rossmarais

Facebook | Facebook@rossmaraisoffical

Youtube | Youtube@rossmarais

LinkedIn | LinkedIn@rossmarais

Twitter | Twitter@rossmaraisfp

Medium | Medium@rossmarais

In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal cir

In this episode, we speak to Lucy Jackson and Nikki Westcott of We the Wild Ones about:

• Deciding to quit their jobs and start a clothing line
• The many ways an influencer can make money online
• Just how beneficial the right influencer and be for a business
• What they have learnt in the past 18 months of running their own business
• Getting stocked on the top three online retailers in Australia and much much more

About

Fashion influencer duo, We the wild ones aka Lucy Jackson and Nikki Westcott, bring positive vibes to their highly engaged Instagram audience, sharing creative content, travel diaries and channelling their work hard-play hard mentality. Whether they’re at the latest launch or living it up in Bali they live by their motto, ‘Get dressed, get snapped and then get wild!

 

Find out more about Lucy & Nikki

Lucy Jackson

• Instagram - @lucykatejackson/
• LinkedIn - @lucy-jackson/

 

Nikki Westcott

• Instagram - @nikkiwestcottt/
• LinkedIn - @nikki-westcott/

 

Business

• Instagram - @wethe_wildones/
• Clothing Line Jagger & Stone - com

 

• Podcast - Happy Hour with Lucy & Nikki

 

Resources, mentioned and topics discussed in this episode

• A basic girls guide to building an Instagram - com/

 

·         Travel Influencers - Tegan & Ned teganandnedshop.com/   ·         The Young Money Podcast Ep 019 - Chasing Fulfilment with Elliot (Tyger) Lyons

 

• Bankruptcy Rules Australia – moneysmart/bankruptcy

 

Episode Sponsor  

This episode is brought to you by More Time Financial. A financial planning, money management and financial education company who are on a mission to help young Australians make smarter decisions with their money. 

To st

In this episode we speak to Rohan McAdam from McAdam Family about Marriage, Money & Relationships.

 

About Rohan McAdam

I enjoy my work as a family lawyer. Whilst the situations I encounter are often painful, I embrace the opportunity to bring hope through practical solutions that work. I do this by focusing on what really matters and developing specific approaches and strategies to avoid long, drawn-out, expensive disputes.

 

Find out more about Rohan

• Website - com.au
• Instagram - @mcadamfamilylaw
• Facebook - @McAdamFamilyLaw/
• LinkedIn - @rohan-mcadam/

 

Episode Sponsor  

This episode is brought to you by More Time Financial. A financial planning, money management and financial education company who are on a mission to help young Australians make smarter decisions with their money. 

To stay up to date with the latest news, sign up to The Young Money Newsletter and get insights, tips and resources to help you make smarter decisions with your money delivered straight to your inbox each week

About Me: Ross Marais 

I am a Gen Y Financial Adviser & CoFounder of More Time Financial. For the past 4 years I have been on a mission to help young Australians make smarter decisions with their money. 

Follow me Online Here: 

Website | rossmarais.com

Instagram | Instagram@rossmarais

Facebook | Facebook@rossmaraisoffical

Youtube | Youtube@rossmarais

LinkedIn | LinkedIn@rossmarais

Twitter | Twitter@rossmaraisfp

Medium | Medium@rossmarais

In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

In this episode, we speak to Noni Croft from Croft Confidence about Mental Health & Money.

 

About Noni Croft

Website croftconfidence.com/

Instagram @croftconfidence/

LinkedIn @nonicroft/

 

Episode Sponsor  

This episode is brought to you by More Time Financial. A financial planning, money management and financial education company who are on a mission to help young Australians make smarter decisions with their money. 

To stay up to date with the latest news, sign up to The Young Money Newsletter and get insights, tips and resources to help you make smarter decisions with your money delivered straight to your inbox each week

About Me: Ross Marais 

I am a Gen Y Financial Adviser & CoFounder of More Time Financial. For the past 4 years I have been on a mission to help young Australians make smarter decisions with their money. 

Follow me Online Here: 

Website | rossmarais.com

Instagram | Instagram@rossmarais

Facebook | Facebook@rossmaraisoffical

Youtube | Youtube@rossmarais

LinkedIn | LinkedIn@rossmarais

Twitter | Twitter@rossmaraisfp

Medium | Medium@rossmarais

In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

In this episode, we speak to Dan & Annie from @doingdownunder about their decision to quit their jobs, pack their lifes into a van and travel around Australia for 12 months.

Instagram: @doingdownunder

 

Resources

Things we couldn’t travel without -

• Wiki Camps - wikicamps.com.au
• Bialetti Moka – Coffee Maker
• Koala King Size Mattress

 

Key Questions and topics covered in this episode:

Deciding to travel

Life on the Road

• What has been the best thing about traveling so far?
• Has it changed your perspective on work life Balance?
• Top tips for anyone wanting to do the same thing?

Financials

• How much did you budget for your trip?
• How long did it take to save up for the trip?
• What did you do to save money?
• Are you doing any work while your travelling?

Questions from listeners

• How many days have you gone without having a shower?
• Where do you shower?
• Do you ever get a hotel for the night, if so why?
• How long are you planning on traveling for?

 

Episode Sponsor  

This episode is brought to you by More Time Financial. A financial planning, money management and financial education company who are on a mission to help young Australians make smarter decisions with their money. 

To stay up to date with the latest news, sign up to The Young Money Newsletter and get insights, tips and resources to help you make smarter decisions with your money delivered straight to your inbox each week

About Me: Ross Marais 

I am a Gen Y Financial Adviser & CoFounder of More Time Financial. For the past 4 years I have been on a mission to help young Australians make smarter decisions with their money. 

Follow me Online Here: 

Website | rossmarais.com

Instagram | Instagram@rossmarais

Facebook | Facebook@rossmaraisoffical

Youtube | Youtube@rossmarais

LinkedIn | LinkedIn@rossmarais

Twitter | Twitter@rossmaraisfp

Medium | Medium@rossmarais

In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

In this episode, we talk about the property development process and getting into the property market.

 

Episode Sponsor  

This episode is brought to you by More Time Financial. A financial planning, money management and financial education company who are on a mission to help young Australians make smarter decisions with their money. 

To stay up to date with the latest news, sign up to The Young Money Newsletter and get insights, tips and resources to help you make smarter decisions with your money delivered straight to your inbox each week

About Me: Ross Marais 

I am a Gen Y Financial Adviser & CoFounder of More Time Financial. For the past 4 years I have been on a mission to help young Australians make smarter decisions with their money. 

Follow me Online Here: 

Website | rossmarais.com

Instagram | Instagram@rossmarais

Facebook | Facebook@rossmaraisoffical

Youtube | Youtube@rossmarais

LinkedIn | LinkedIn@rossmarais

Twitter | Twitter@rossmaraisfp

Medium | Medium@rossmarais

In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

I answer your questions about saving money, credit cards and superannuation.

Questions

Q: How do I save more money? I have a full-time job and earn good money for my age, but I can't seem to be able to save money.

Q: Is it a good idea to get a credit card? I am thinking of going travelling and have heard that its good for points?

Q: Should I put more money into superannuation? I am 25 years old and work as a high school teacher, and people at work are always telling me I should put money into super?

 

Episode Sponsor  

This episode is brought to you by More Time Financial. A financial planning, money management and financial education company who are on a mission to help young Australians make smarter decisions with their money. 

To stay up to date with the latest news, sign up to The Young Money Newsletter and get insights, tips and resources to help you make smarter decisions with your money delivered straight to your inbox each week

About Me: Ross Marais 

I am a Gen Y Financial Adviser & CoFounder of More Time Financial. For the past 4 years I have been on a mission to help young Australians make smarter decisions with their money. 

Follow me Online Here: 

Website | rossmarais.com

Instagram | Instagram@rossmarais

Facebook | Facebook@rossmaraisoffical

Youtube | Youtube@rossmarais

LinkedIn | LinkedIn@rossmarais

Twitter | Twitter@rossmaraisfp

Medium | Medium@rossmarais

In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

 

 

In today’s episode, I share a recording from when I was interviewed by Elliot Tiger Lyons. Elliot who you may remember was a guest on The Young Money Podcast Episode 019. Where he talked about his experiences of being a social media influencer and a travel Instagrammer, getting paid to travel the world.

He now runs a podcast called The DEN FM (previously Tyger Talk) and he was kind enough to invite me on and let me share a bit about myself, my business, my experience and why I’m so passionate about financial education and helping my generation to make smarter decisions with their Money.

Episode Sponsor  

This episode is brought to you by More Time Financial. A financial planning, money management and financial education company who are on a mission to help young Australians make smarter decisions with their money. 

To stay up to date with the latest news, sign up to The Young Money Newsletter and get insights, tips and resources to help you make smarter decisions with your money delivered straight to your inbox each week

About Me: Ross Marais 

I am a Gen Y Financial Adviser & CoFounder of More Time Financial. For the past 4 years I have been on a mission to help young Australians make smarter decisions with their money. 

Follow me Online Here: 

Website | rossmarais.com

Instagram | Instagram@rossmarais

Facebook | Facebook@rossmaraisoffical

Youtube | Youtube@rossmarais

LinkedIn | LinkedIn@rossmarais

Twitter | Twitter@rossmaraisfp

Medium | Medium@rossmarais

In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

On this episode, we are talking about tax. Firstly, why we pay tax. Tax is money that people and businesses pay to the Australian Government. The money we collect helps pay for services including, health, education, defense, roads and railways, social security and other payments from Centrelink.

What income is taxable? Your taxable income is your assessable income minus your tax deductions. Income that is taxable, Income that you must pay tax on includes money from, employment, pensions and annuities, most government payments, investments, capital gains, income from trusts, partnerships or businesses foreign income.

What to do with your tax refund?

• Pay Down Debt (Credit Card, Personal or HECS Debt)
• Build up your emergency savings fund
• Save it or Invest it  
• Enjoy it - book a holiday

*Correction to information discussed in the episode, the Financial year dates are 1 July - 30 June each year. 

Full show notes available at www.rossmarais.com/podcast

Episode Sponsor  

This episode is brought to you by More Time Financial. A financial planning, money management and financial education company who are on a mission to help young Australians make smarter decisions with their money.

To stay up to date with the latest news, sign up to The Young Money Newsletter and get insights, tips and resources to help you make smarter decisions with your money delivered straight to your inbox each week

About Me: Ross Marais

I am a Gen Y Financial Adviser & Lifestyle Planner. CoFounder of More Time Financial. For the past 4 years I have been on a mission to help young Australians make smarter decisions with their money.

Follow me Online Here:

Website                  | rossmarais.com

Instagram             | Instagram@rossmarais

Youtube                  | Youtube@rossmarais

Facebook               | Facebook@rossmaraisoffical

Twitter                     | Twitter@rossmaraisfp

LinkedIn                | LinkedIn@rossmarais

Medium                 | Medium@rossmarais

This Episode was created with the assistance of the very talented team at Udeo Media.

In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

With so many young Australians packing their bags and heading overseas to live and work. Or having the dream of running a location independent business and working from their laptop it can be easy to get caught up in the travel / expat lifestyle and forget about your financial and tax responsibilities back home. Which if you aren't careful can end up costing you a lot of money.

 

On this episode my guest, James Ridley from Atlas Wealth is here to discuss what young Australians need to be aware of if they want to run go work or live overseas.

 

Episode Sponsor - This episode is brought to you by More Time Financial. A financial planning, money management and financial education company who are on a mission to help young Australians make smarter decisions with their money.

 

Topics covered in this episode

 

• What steps you need to take before your leave Australia
• How to maximise your time while you are overseas
• What needs to happen before you come home to Australia
• Setting up a bank account in the country you are living or working in
• What happens to your HECS Debt when you are aboard
• Tips for sending money bank home
• The difference between being a resident and non resident for tax purposes

 

About Me: Ross Marais

I am a Gen Y Financial Adviser & Lifestyle Planner. CoFounder of More Time Financial. For the past 4 years I have been on a mission to help young Australians make smarter decisions with their money.

 

Follow me Online Here:

 

Website    | rossmarais.com

Instagram     | Instagram@rossmarais

Youtube     | Youtube@rossmarais

Facebook    | Facebook@rossmaraisoffical

Twitter        | Twitter@rossmaraisfp

LinkedIn     | Linke

The Australian Dream or Great Australian Dream is a belief that in Australia, home-ownership can lead to a better life and is an expression of success and security. Everywhere we turn there is constant pressure for our generation to buy a house and get into the property market. This constant pressure has left our generation not feeling successful unless they have bought a house.

Full shows note - rossmarais.com/podcast

Gold Coast First Home Buyer Information Night

Join us for our first home buyers information night where you can listen and learn, not be told and sold Tickets available here

Episode Sponsor  

This episode is brought to you by More Time Financial. A financial planning, money management and financial education company who are on a mission to help young Australians make smarter decisions with their money.

To stay up to date with the latest news, sign up to The Young Money Newsletter and get insights, tips and resources to help you make smarter decisions with your money delivered straight to your inbox each week

About Me: Ross Marais

I am a Gen Y Financial Adviser & Lifestyle Planner. CoFounder of More Time Financial. For the past 4 years I have been on a mission to help young Australians make smarter decisions with their money.

Follow me Online Here:

Website | rossmarais.com

Instagram | Instagram@rossmarais

Youtube | Youtube@rossmarais

Facebook | Facebook@rossmaraisoffical

Twitter | Twitter@rossmaraisfp

LinkedIn | LinkedIn@rossmarais

Medium | Medium@rossmarais

This Episode was created with the assistance of the very talented team at Udeo Media.

In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should

With the increasing cost of living affecting most Australian households, it is easy to see why national debt levels are at an all-time high. Unfortunately, too many families rely on their credit card and are living week to week which makes it nearly impossible to get out of debt and get ahead financially. If you find yourself with some or a lot of debt, it is essential that you understand what debt is and what type of debt you have. As it is necessary to be aware that not all debt is the same and there is, in fact, a type of debt that can be good.

 

Episode Sponsor  

This episode is brought to you by More Time Financial. A financial planning, money management and financial education company who are on a mission to help young Australians make smarter decisions with their money.

 

Good debt is that type of debt that is your friend and if you are going to have any debt at all this is the type you want.

 

Bad Debt, the type of debt that unfortunately for most Australians we need to have some of this in our lives to provide us with one of our essential needs which is place to live.

 

Ugly Debt, the worst type of debt, which unfortunately too many Australian families have too much of and are what causes a lot of stress on the household budget.

 

Full show notes available at rossmarais.com/ep20

 

About Me: Ross Marais

I am a Gen Y Financial Adviser & Lifestyle Planner. CoFounder of More Time Financial. For the past 4 years I have been on a mission to help young Australians make smarter decisions with their money.

 

Follow me Online Here:

 

Website        | rossmarais.com

Instagram     | Instagram@rossmarais

Youtube     | Youtube@rossmarais

Facebook    | Facebook@rossmaraisoffical

Twitter        | Twitter@rossmaraisfp

LinkedIn     | LinkedIn@rossmarais

Medium    

Elliot (Tyger) Lyons, social media influencer, content creator, aspiring triathlete and all round great bloke stopped in to chat about all things travel, lifestyle, business partnerships, social media and the importance of money. 

Episode Sponsor: This episode is brought to you by More Time Financial. A financial planning, money management and financial education company who are on a mission to help young Australians make smarter decisions with their money.

“I was a travel photographer, documenting life all over the world and it sounds stupid but it actually left me feeling unfulfilled. Posting photos documenting a life where each new country was simply in between and before the next trip. It was an incredibly humbling position to be in, but it was not me. It took me a while to realise and accept that...To come to terms with the fact that, just because it is the dream job for a lot of people doesn’t mean it has to be the dream job for me. I needed something that anchors my day, something that structures my lifestyle - a world where early mornings are a given and pushing the physical limits of my body is a daily occurrence”.

Full Show Notes - https://www.rossmarais.com/2018/06/13/ep19/

 

To stay up to date with the latest news, sign up to The Young Money Newsletter and get insights, tips and resources to help you make smarter decisions with your money delivered straight to your inbox each week

About Me: Ross Marais

I am a Gen Y Financial Adviser & Lifestyle Planner. CoFounder of More Time Financial. For the past 4 years I have been on a mission to help young Australians make smarter decisions with their money.

Follow me Online Here:

Website | rossmarais.com

Instagram | Instagram@rossmarais

Youtube | Youtube@rossmarais

Facebook | Facebook@rossmaraisoffical

Twitter | Twitter@rossmaraisfp

LinkedIn | LinkedIn@rossmarais

Medium | Medium@rossmarais

This Episode was created with the assistance of the very talented team at Udeo Media.

You have decided you want to make a change, you want to be better with your money. Maybe something has happened in your life to make want to change, you have just turned 30 and feel its times to get your life together, your friend who earns less than you has just bought a house and you feel like that you may also want to buy a house someday, you listened to the previous episode about travelling the world and you want to do the same. Whatever it is, you are ready to make a change. Here are my recommendations for taking the first step to getting Financially organised. 

Full Show Notes at rossmarais.com

To stay up to date with the latest news, sign up to The Young Money Newsletter and get insights, tips and resources to help you make smarter decisions with your money delivered straight to your inbox each week

About Me: Ross Marais

I am a Gen Y Financial Adviser & Lifestyle Planner. CoFounder of More Time Financial. For the past 4 years I have been on a mission to help young Australians make smarter decisions with their money.

Follow me Online Here:

Website | rossmarais.com

Instagram | Instagram@rossmarais

Youtube | Youtube@rossmarais

Facebook | Facebook@rossmaraisoffical

Twitter | Twitter@rossmaraisfp

LinkedIn | LinkedIn@rossmarais

Medium | Medium@rossmarais

This Episode was created with the assistance of the very talented team at Udeo Media.

In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.

Kyle Hunter is my guest on today's episode of The Young Money Podcast, he has been traveling for the past three years, living on the road with his partner, exploring over 35 countries incl. most of Europe, Jordan, Oman, Thailand, Philippines, Indonesia, America and many more. In that time he has accumulated over 38,000 Instagram followers and now gets paid to post photos of places that most people can only dream of traveling too.

Episode Sponsor - This episode is brought to you by More Time Financial. A financial planning, money management and financial education company who are on a mission to help young Australians make smarter decisions with their money.

Kyle was kind enough to take some time out of his busy schedule to sit down with me and share his story on the rare occasion that he was home on the Gold Coast, in between getting home from a month-long trip in the NT and WA and before he leaves from 3 months to head back to Greece.

View Full Show Notes: rossmarais.com/podcast

To stay up to date with the latest news, sign up to The Young Money Newsletter and get insights, tips and resources to help you make smarter decisions with your money delivered straight to your inbox each week

About Me: Ross Marais

I am a Gen Y Financial Adviser & Lifestyle Planner. CoFounder of More Time Financial. For the past 4 years I have been on a mission to help young Australians make smarter decisions with their money.

Follow me Online Here:

Website | rossmarais.com

Instagram | Instagram@rossmarais

Youtube | Youtube@rossmarais

Facebook | Facebook@rossmaraisoffical

Twitter | Twitter@rossmaraisfp

LinkedIn | LinkedIn@rossmarais

Medium | Medium@rossmarais

This Episode was created with the assistance of the very talented team at Udeo Media.

In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, fina