The Savings Squad

It really depressing that the recent Gratton study shows today’s young Australians are in danger of being the first generation in memory to have lower living standards than their parents’ generation.
So I think its more important then ever for parents to teach kids about money.
So in this episode I cover my 5 top money habits to teach kids:

* Spend/ Save / Share
* How do you talk about money
* Lead by example
* Part Time Job
* Conscious Spending

 
The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

So excited to have our first international guest Jessica Garbarino on The Savings Squad Podcast. 
Jessica shares how she paid off $56,000 USD of debt (that’s about $80k Australian) in just a few years. 
We cover lots in this episode including: 

* How Jessica regained motivation when she went off track
* How she was able to curb her impulse spending  
* What she wishes she did differently 
* How Jessica used the debt snowball method and why it worked for her
* The best money advice Jessica has ever received

 
Links
You can connect further with Jessica on any of the below:

* https://everysingledollar.com/
* https://www.facebook.com/everysingledollar
* https://www.instagram.com/jessicagarbarino/

Heres the Dave Ramsey debt snowball method Jessica used

* https://www.daveramsey.com/blog/get-out-of-debt-with-the-debt-snowball-plan

 
 
The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

In this episode, I talked to AJ from The Joy Box all about Tiny Houses.
Tiny houses are something that is growing in popularity in the USA, Japan & Canada and we are starting to see the trend here in Australia.
AJ was only the 4th person in Australia to have a Tiny House so she is a real expert in this space.
She has also been a real estate investor for over 20 years so she is going to take us through the financial advantages to putting a tiny house on your land as well as how it can help solve Australia’s housing affordability.
NOTES

* Follow AJ Tiny House journey at The Joy Box https://www.thejoybox.com.au/
* Book: Rich Dad Poor Dad https://www.booktopia.com.au/rich-dad-poor-dad-robert-t-kiyosaki/prod9781612680194.html
* Book: What I Didn’t Learn In School But Wished I Had https://www.bookdepository.com/What-I-Didnt-Learn-at-School-But-Wish-I-Had-Jamie-McIntyre/9780958192217
* 30 Day Minimalist Challenge https://www.theminimalists.com/game/

The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

This is the last of our Fast 5 Savings Tips. Tip number 5 is perhaps the most important thing to remember when you are saving money and that is to make sure you allow for FUN !!
In this episode we cover:

* why its important to allow for fun (even if you have credit card debt)
* how you can use your bank accounts to make it easy to stick to your fun budget
* how lifestyle creep (going from passion pop to moe) could be impacting your savings plan

If you haven’t already make sure you join our Facebook community The Savings Squad and look at the Units section for more resources (like videos, workbook, script etc) to help support your Fast 5 challenge.
The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

When we work with clients we help them figure out what success looks like for them. It often doesn’t equate to having more money. Often its wanting to do more travel. 
So when I saw that my business buddy and mentor Sean Soole was heading around Australia with his wife and primary aged kids for a year I thought this would make an inspiring podcast interview. 
In this interview we cover:

* What they did to prepare for their trip
* How they dealt with school on the road
* Their favourite places they visited
* Sean tips for travelling in a caravan
* Heaps more that will leave you inspired and wanting to visit a caravan expo

If you have any questions for Sean Soole then you can ask him inside The Savings Squad Facebook community
The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

The Fast 5 are savings tips that you can easily implement to save you money so you can have more money to spend on the things you love.
This is tip number 4 and its all about reviewing your subscriptions (the things you pay each month). In this episode I share:

* how to assess if you are getting value from your subscriptions
* how I have got caught out with app subscriptions and how you can avoid my mistake
* looking for alternatives

I hope you enjoy this episode as much as I did creating it
PS: make sure you checkout the Learning Section inside The Savings Squad Facebook group as there are lots of free resources to support the Fast 5
The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

Today I interview our super star Money Coach James Smith. James has over a decade worth of experience in financial planning and use to run his own practice so we are super lucky to have him in our team.
James heads up our investment committee (you should see his spreadsheets … you will have spreadsheet envy !!).
But today’s episode is all about insurance. I know its a little morbid but its something James and I are both passionate about as we have personally seen the impact of not having insurance after both our fathers had cancer multiple times. We also unfortunately know its not just something you need when you are old with both of us having friends in who were only in their 30’s have major cancers.
We cover lots in this episode including:

The different types of insurance & whether you need all of them: Death/ Life, Total and Permanent Disablement (TPD), Income Protection and Trauma


Whether you should have in your super fund or not


Whats wrong with the cover you automatically get in your super fund or the ones you see on TV


Why you shouldn’t wait until your pregnant to get cover


What you can do to make it more affordable


How to choose an insurer

If reviewing your insurance has been on your TO DO LIST then reach out to see how we might be able to help. Email adele@adelemartin.com
LINKS:
4 corners private health “Mind The Gap”
Private Health Insurance Ombudsman State of the Health Funds Report 2018

The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

The Fast 5 Savings Challenge are easy bite sized money tips to help you accelerate your savings. 
We are up to tip number 3 and this is probably my all time favourite money tip and thats: Treating Money As A Person
In this episode we look at:

* How much time we spend learning about money
* Why you should treat money like your best friend
* Taking your Money on a Date 
* The benefits in knowing “where your money goes” and setting goals and we spoke about our My Money Buddy Savings and Goals Program that can assist with this

I hope you enjoy this episode as much as I did creating it
PS: make sure you checkout the Learning Section inside The Savings Squad Facebook group as there are lots of free resources to support the Fast 5 including the agenda to use for your Money Date
The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

Today episode is about something we know we should do but often don’t – meal planning. 
I interview Kim McCosker the founder of the 4 Ingredients franchise. 
We are are lucky to have her on the podcast as she is super busy – juggling family, tv show and selling over 2 million books !! (She’s so busy she actually calls me the wrong name in the interview at some point …see if you can hear where)
Now when I first heard about meal planning I assumed it was giving up your Sunday’s to cook. That just didn’t appeal to me. 
But then I learned there were other ways you could meal plan -like batch cooking or using a slow cooker. 
I realised that by being more organised I could not only save money (nearly $100 pw which is over $5,000 pa … hello Hawaii ) 
But it had other benefits too like I was healthier as I brought less takeaway and it reduced the amount of food I was throwing out (scarily 1 in 5 bags of groceries lands in the bin).
In todays episode Kim covers how to meal plan like a boss – to save you not only money but time.
I would love if you could share your favourite easy dinner in The Savings Squad Facebook group . Ill pick one at random to win a signed copy of Kim’s 4 Ingredient Meal Planning Book. 
LINKS:
4 Ingredients Facebook Page
4 Ingredient Books
The Pink Hard Hat Louise  – Building Resilient Women 
 
The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

Fast 5 Savings Challenge: 5 Easy Ways to Kick Start your Savings
We often under estimate the impact small changes will have on our life:

* Whether that’s going to bed earlier and the effect this has on our energy and happiness 
* Portion control food and the impact it has on weight 

And we do same with money. We convince ourselves to save money and build wealth we need to do something drastic 
The secret to saving money and building wealth is small changes done consistently. And that’s what the Fast 5 Savings Challenge is all about.
In this episode we cover tip number 2: Benefits of Decluttering
We look at:

* How to pick what to sell
* Where and how best to sell these items 
* Other benefits from selling (its not just financial)
* Overcoming any roadblocks or challenges 

Other Resources & Support
Make sure you checkout the Learning Section inside The Savings Squad Facebook group as there are lots of free resources to support the Fast 5 including – videos, workbook, scripts and more. 
The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

Of all the interviews I have done this is the one I have learnt the most from.
Massive thanks to Luke James from The IT Wellness Pro for this episode.
Luke certainly scared me by sharing all the things that can go wrong in the digital age (things like identity theft OR loosing all our photos and memories)
But luckily he also shares steps we can take to easily avoid disaster.

 
 
 
 
In the episode we cover lots including:

* The most common reason people are hacked online (you are probably doing this)
* The 3 things a virus  (malware) can do to your computer (scariest one was it can lurk in background watching you type in your passwords !!) & what are some good virus software you can use to prevent this
* Why you need to be careful using public WIFI & how you can safely use internet especially when travelling overseas
* Easy ways we can back up our computer and phone so we can protect things like our photos and memories; &
* Loads more

Here are some of the programs Luke mentions:
Password Manager

* LastPass
* https://1password.com/

Popup Blocker

* Ublock Origin

* Chrome – https://chrome.google.com/webstore/detail/ublock-origin/cjpalhdlnbpafiamejdnhcphjbkeiagm?hl=en
* Firefox –  https://addons.mozilla.org/en-US/firefox/addon/ublock-origin/



Anti Virus

* Bitdefender – https://www.bitdefender.com.au/
* eset – https://www.eset.com/au/home/antivirus/

VPN

* https://nordvpn.com/

Backup

* Cloud – https://www.carbonite.com/
* Windows Local – https://www.veeam.com/windows-endpoint-server-backup-free.html
* Mac Local – Time Machine https://support.apple.com/en-au/HT201250
* Dropbox, OneDrive, Google Back and Sync.

Reduce Spam Emails

* Captchas on contact forms
* 3rd party spam block MXGuarddog and Spam experts
* Use GSuite or Office 365

Want to connect with Luke further

* luke@thewellnesspro.com
* https://www.thewellnesspro.com

The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

I asked you guys what you wanted to hear more about and overwhelming you said more savings tips.
So I’ve put together the Fast 5 Savings Challenge. These are easy bit sized savings tips for you to action.
They may seem easy but as you will hear they have saved my clients $1,000’s. 
I have sprinkled these tips in-between our normal episodes as this way you will have time to take away and implement them.
I have also created a workbook and other resources for each episode which you can access for free inside The Savings Squad Facebook group under the Learning section. If you aren’t already in the squad then join us on this link:
www.adelemartin.com/savings-squad/
Also I would love if you could share your results – this not only gives me warm fuzzies but it could inspire someone else to take action. Use #Fast5 and share your results on either:
Instagram
Facebook
The Savings Squad
 
 
 
 
The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

Today we are interviewing recruiter extraordinaire Sharon Vandermeer founder of On The Ball Personnel. 
She has recently helped in our recruitment and not only did it save us time but it also meant we got an incredible new talent member that is fitting into our team beautifully.  
Over Sharon’s 20 plus year career she has seen over 100,000 resumes and has lost count of how many people she has interviewed as there has been so many !!  
Today we are going to tap into that wealth of experience and answer questions like:

* Why employers should use a recruitment firm
* How she find candidates 
* What employers should have in their job ad
* What you need to include (and not include) in your resume
* How to write a killer cover letter 
* How to answer some of the tricky questions employers ask like “what are your weaknesses”
* The 1 or 2 great questions candidates can ask employers in an interview  (I loved these) 

Heres are links to some of the resources we spoke about:

* Use Grammarly to pick up on errors on your resume and cover letter:  https://app.grammarly.com/
* Connect with Sharon further here: www.ontheballpersonnel.com.au
* How to Nail an Interview  – Cheat Sheet for Employees
* How to Prepare for the Interview Process – Cheat Sheet for Employers

The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

We have superstar mortgage broker Tim Boyle on the podcast today sharing: 

* How you can get into a house without a 20% deposit 
* What you need to start doing 6 months before you apply for a loan
* How Afterpay can affect your ability to get a home loan ?
* The 2 ways your parents can help you get into a house sooner ?
* Why you should use a broker as opposed to going straight to bank 
* How the loan process differs if you are self employed 

Here are some of the links we spoke about today:

* Check your credit score at Equifax (formerly Veda) https://www.equifax.com.au/
* Connect with Tim more https://finfin.com.au/ 

The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

Am I allowed to have a favourite episode … or is it like confessing who your favourite child is (Mum and Dad it’s ok, I know I’m the favourite) 
This episode is all about the FIRE movement. No, we are not talking about arson or anything like that … we are talking about the acronym Financial Independence Retire Early. 
In this episode, we interview Aussie FireBug (who wants to remain anonymous) about all things FIRE including:

* What his definition of independence is
* Why the fire movement is becoming more popular
* How he managed to save an incredible 60% of his income
* What his investment strategy is and why this has changed over the last few years
* What is he going to do with all his time when he reaches independence and stops work 

Heres a link to there resources we spoke about: 

* Aussie Fire Bugv- https://www.aussiefirebug.com/
* Mr Money Mustache – https://www.mrmoneymustache.com/
* APRA announcement on interest only loans – https://www.apra.gov.au/media-centre/media-releases/apra-remove-interest-only-benchmark-residential-mortgage-lending
* The Savings Squad Episode 2: What You Need to Know When Investing https://adelemartin.com/tss-02-what-you-need-to-know-when-investing/
* The Savings Squad Episode 7: Living More Consciously https://adelemartin.com/tss-07-live-more-consciously/
* My Money Buddy : https://adelemartin.com/mymoneybuddy/

The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

Very excited to have Todd Hearne on today 
Todd is a partner of a WSC Group a national accounting firm
Todd has nearly 2 decades worth of tax experience and will be talking today about investment properties. 
One of my big bugbears is that people often assume they can just buy a property and that will solve their money problems and be all they need to do to build wealth. 
As highlighted in this episode that’s not the case. 
We talk about the fact you need a strategy and to know how it fits into your individual circumstances 
We will chat about:

* Some of the common terms used with investment property eg what does negative gearing actually mean, 
* Potential tax benefits from owning property, 
* Some of the risks in owning property & how to reduce these
* Why it’s important to think about who will own property e.g joint names, one partner, trust etc

Also here’s a list of the links we spoke about in this episode:

* If you want to connect with Todd further – https://wscgroup.com.au/page/todd-hearne
* If you want to learn more about Self Managed Super Funds (SMSF) then make sure you listen to episode 6 of The Savings Squad podcast – www.adelemartin.com/tss-06-self-managed-super-fund-smsf-yeah-or-nah/

 
The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

I remember years ago when I brought my first home it was quite a stressful experience as I felt like no one explained the process to me. As a result several things were left to the last minute and then a mad panic and rush pursued to get things done on time. 
So in this episode I talk to Chad Penfold the founder of conveyancing firm LawRep about the steps involved when you are buying a house including:
 


* What you should do BEFORE you buy a house ?

 

* How to negotiate when you buy a property ? (Its not just money you can negotiate)

 

* Some of the issues Chad has found when reviewing contracts 

 

* What you need to be aware of when buying at an auction 

 

* The best money advice Chad has ever received

If you have any more questions for Todd or thinking of buying a house then be sure to connect him via their website or on Chad’s mobile 04 203 23 209 
The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

Glam Corner is the genius online clothing rental business that lets you have access to an unlimited designer wardrobe without breaking your budget.
I first came across it when I was admiring a friends Instagram and her wardrobe. She always looked incredible and I thought she must spend a fortune on clothes. Then I saw she tagged Glam Corner and I got curious.
I discovered Glam Corner was just like Spotify. Spotify you don’t need to own the music to enjoy it. Glam Corner does the same with clothes. Clothes just like your music choice change over time and you don’t want to be stuck paying a sunk cost for something you aren’t going touse or hold long term (like my Aqua Barbie Girl CD)
I didn’t need to spend $800 or $900 on an outfit I would wear once or twice. I don’t mind making an investment in jeans or joggers something I wear all the time. But for formal clothes the cost per wear is expensive !
What’s more I didn’t need to drag myself to a shopping centre on the weekend fighting the crowds and trying to find a carpark only to find they had nothing I liked or in my size anyway.
Plus I’ve been giving this minimalism thing a go – I do feel better with less clutter. Since most women only wear a 1/3 of their wardrobe Glam Corner made perfect sense if it was trying to live a more minimalist lifestyle.
In this episode we cover:

* How an investment banker with an honors degree in finance starts a women’s clothing business
* Some of their struggles early on in business
* The changing shift in Australia and the world towards the sharing economy and not needing to own something to enjoy it
* FAQ about renting clothes (like how to pick the right size or what if you don’t like the dress); &
* The many benefits of renting clothes (it’s not just financial)

I hope you enjoy listening to this episode as much as I did recording it. You can listen above or in your favourite podcast app.
The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

Relying on your employer and only one source of income is actually risky.
There could be a downturn in that industry. Perhaps your employer is just bad at managing the business and hence it gets into financial trouble. Plus in a job, there is often a limit placed on what you can earn.
That’s why many people are starting side hustles – little micro businesses (that sometimes become major businesses) to provide another source of income.
How you use this extra income is up to you. Maybe you invest it for the future, use it to pay off debts or put towards a goal like a holiday.  That is what’s great about having a side hustle you have more choices.
In this episode I chat to Alisha Hannah a mum of 3 who whilst working full time started a side business. Yes I feel exhausted just typing that but Alisha is going to tell us how she manages it. She is also going to be sharing in this podcast:

* how she picked what business to start
* what she wish she knew when she first started
* advice for people thinking of starting side hustles
* her future expansion plans

When you buy from a business like Alisha’s you are supporting not only a small business but a family. So the next time you have a birthday party, teachers gifts or Secret Santa think of supporting a business like The Bliss Cartel:

* www.facebook.com/theblisscartel
* www.etsy.com/au/shop/TheBlissCartel

 
 
 
The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

So once you are saving money the next question that often follows is “what should I do with it ?”
Todays episode helps to answer this by exploring your investment options.
The very knowledgeable Ali Parker joins us on this episode to discuss:

* Shares Vs Property
* How much do you need to get started in shares
* Managed Funds Vs Shares
* What is an Index Fund
* Australian vs International shares
* How to deal with a downturn in the sharemarket
* The best financial advice she has ever received

Resources we spoke about on the show:
http://adelemartin.com/super-women/
The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

Its harder to teach kids about money today because:

* They rarely see physical cash; &
* How kids spend money is changing. More money is being spend online, through things like games and music, as opposed to physical products.

So in this podcast episode I talk to Mario Hasanakos one of the co-founders of Spriggy an Australian initiative designed to teach kids about money using 21st century techniques.
We will be covering:

* Why kids from age 6 should have a Visa Debit card
* When to start pocket money & how much to give 
* How to help kids set financial goals; &
* Lots more

I hope you enjoy this episode as much as I loved recording it.
The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

The slowest way to get results is by yourself and the fastest way is with a coach. Which is why ever since I can remember I have always chosen to work with a coach. Whether that be tutoring at school, career advice, health, business or life.
This is our first episode so I’m going to start with interviewing my business coach and someone who has been a big influence on my business over the last 4 years –  my mentor Kerwin Rae.
We cover lots of interesting topics, including:

* what Kerwin teaches his son about money,
* mistakes Kerwin has made with money,
* how he bounced back from 2 near bankruptcies,
* money advice for people starting a business,
* Kerwin’s favourite money books : Think and Grow Rich + Rich Dad Poor Dad 
* and heaps more

I hope you enjoy this episode as much as I have.
If you want to continue your financial education then make sure you join us in The Savings Squad for our financial book club. You can join for free on the link below:
CLICK HERE TO JOIN
 
 
 
The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.