Get Started Investing

Do you know how much is in your super? Or what it’s invested in?

Most Australians know what's in their bank account but superannuation? Not a clue. This lack of attention has a cost- missing out on thousands more at retirement.

So today, Jess gives her super a 5-step health check. She'd love for you to do the same alongside her.

Walking us through the list is Jen, Head of Technical Services at MLC. Jen explains the small decisions that can make all the difference including; checking your fees, insurances and investment settings.

By the end of this episode, you'll know exactly what to check, what to fix, and how to make super part of your financial habits.

Chapters:

00:00:00 Is Your Super Working Hard Enough?
00:04:01 Where Is Your Super Actually Invested?
00:08:30 The Hidden Cost Of Playing It Too Safe
00:11:14 How Much Are Super Fees Costing You?
00:14:28 The Insurance You Might Already Have
00:22:22 Who Gets Your Super If You Die?
00:27:00 Is Your Employer Paying Enough Super?
00:29:27 Your 15 Minute Super Health Check
00:32:00 How Often Should You Check Your Super?

Links mentioned in this episode:

📩 Sign up to the Get Started Investing newsletter here

📩 Share your investing story with us submit here

🎟️ FinFest tickets - here

Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we’ve got you covered.

———

Thanks to MLC for sponsoring this series and helping keep our content free.

If you’re the type of person who spends weekends comparing ETF’s, keeps an eye on crypto, and never misses an episode of Equity Mates, here’s one investment you may be overlooking – your super.

MLC knows it might not seem as exciting as picking your next investment, but thanks to tax advantages and decades of compound growth, it could end up being one of the hardest working investments you own. See how your super could be working harder with MLC at mlc.com.au

Disclaimer: Products issued by NULIS Nominees (Australia) Ltd as trustee of MLC Super Fund. General information only. Read the PDS & TMD available at mlc.com.au and consider if it’s right for you.

———

In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.

———

Get Started Investing is a product of Equity Mates Media.

This podcast is intended for education and entertainment purposes only. Any advice is general advice, and has not taken into account your personal financial circumstances. Before acting on general advice, you should consider if it is relevant to your needs. If you are unsure, please speak to a financial professional. The hosts of this podcast and their guests may have positions in the companies mentioned. Equity Mates Media is part of the Betashares group but maintains editorial independence.

Equity Mates Media operates under Australian Financial Services Licence 540697.
Hosted on Acast. See acast.com/privacy for more information.

Ryan thought he was doing everything right with his money until a stock tip made his ETF feel like the wrong choice.

For years, Ryan followed a very traditional approach to money: work hard, save hard and eventually buy a house. Then he discovered compound interest, started investing and found himself comparing two very different ways to put his money to work.

What did that stock investment teach him? And how did it shape the kind of investor he wants to be?

Ryan joins Jess to share how he got started investing, what his portfolio looks like today, the sleepless nights that came with his most concentrated investment yet—backing his own business—and why that experience has made the share market feel surprisingly safe.

For more regular updates from Jess’ investing journey, follow along on Instagram at getstartedinvesting_.

Chapters:
00:00:00 From Saving Hard To Investing Smarter
00:03:30 How Ryan Learned To Think About Money
00:07:00 The Investing Lesson That Changed Everything
00:09:32 His First Stock Tip And $3000 Bet
00:12:22 Why Ryan Gave Up Picking Stocks
00:16:42 Betting On Himself And His Business
00:20:37 Why The Stock Market Now Feels Safer
00:23:18 What Ryan Is Building Wealth For
00:25:30 The Reality Of Backing Your Own Business
00:27:15 The Advice He Wishes He Heard Earlier
Links mentioned in this episode:
📩 Sign up to the Get Started Investing newsletter here
📩 Share your investing story with us submit here
🎟️ FinFest tickets - Buy early bird tickets here
Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we’ve got you covered.
———
Thanks to ShopBack for sponsoring this series.
Want to get paid for shopping online? 💸 ShopBack gives you real Cashback on purchases you're already making, which you can then transfer into your bank account (or brokerage app!).
Download the app here and use code GETSTARTED20 to get a $20 cashback bonus once you've earned your first $10!
———
Get Started Investing is a product of Equity Mates Media.
This podcast is intended for education and entertainment purposes only. Any advice is general advice, and has not taken into account your personal financial circumstances. Before acting on general advice, you should consider if it is relevant to your needs. If you are unsure, please speak to a financial professional. The hosts of this podcast and their guests may have positions in the companies mentioned. Equity Mates Media is part of the Betashares group but maintains editorial independence.
Equity Mates Media operates under Australian Financial Services Licence 540697.
Hosted on Acast. See acast.com/privacy for more information.

What if you already had more money to invest... you just didn't realise it?

Jess has spent months manually analysing her spending, trying to free up more money to invest. This week, she wants to know if AI can make the process easier.

Together with a chartered accountant and financial controller, Isabelle from Mind Her Money, Jess explores how to safely use AI to better understand your spending (including actual prompts you can use), what patterns to look for and how to spot the money that's quietly slipping away without adding real value to your life.

Because the goal isn't to stop spending money.

It's to stop wasting money on the things you don't value, so you can spend more on the things you do and invest the difference.

Plus, Jess puts a "Real Price Tag" calculator to the test to see what one of her regular fortnightly expenses could be worth if she invested instead……… she was shocked!
Also, you can now follow Jess’s journey & learnings more closely with regular updates on Instagram at getstartedinvesting_

Chapters:
00:00:00 Can AI Find You More Money To Invest?
00:02:30 How AI Can Analyse Your Spending
00:04:54 Using Your Financial Data Safely
00:08:53 What To Ask AI About Your Spending
00:13:02 Finding Money You Will Not Miss
00:18:18 Spend More On What You Actually Value
00:21:41 When Saving Goes Too Far
00:24:18 The Real Cost Of Your Everyday Spending
00:28:09 Your AI Spending Challenge

Links mentioned in this episode:

If you’re interested in trying to use AI to analyse your spending, Isabelle and Jess have put together an ‘AI playbook’ with prompts to try yourself here.

You can also play around with Isabelle’s ‘Real Price Tag’ calculator here, once you’ve figured out where your money is going!

📩 Sign up to the Get Started Investing newsletter here
📩 Share your investing story with us submit here
🎟️ FinFest tickets - Buy early bird tickets here

Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we’ve got you covered.

———

Thanks to MLC for sponsoring this series and helping keep our content free.

If you’re the type of person who spends weekends comparing ETF’s, keeps an eye on crypto, and never misses an episode of Equity Mates, here’s one investment you may be overlooking – your super.
MLC knows it might not seem as exciting as picking your next investment, but thanks to tax advantages and decades of compound growth, it could end up being one of the hardest working investments you own.

See how your super could be working harder with MLC at mlc.com.au

Disclaimer: Products issued by NULIS Nominees (Australia) Ltd as trustee of MLC Super Fund. General information only. Read the PDS & TMD available at mlc.com.au and consider if it’s right for you.

———

In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.

———

Get Started Investing is a product of Equity Mates Media.

This podcast is intended for education and entertainment purposes only. Any advice is general advice, and has not taken into account your personal financial circumstances. Before acting on general advice, you should consider if it is relevant to your needs. If you are unsure, please speak to a financial professional. The hosts of this podcast and their guests may have positions in the companies mentioned. Equity Mates Media is part of the Betashares group but maintains editorial independence.

Equity Mates Media operates under Australian Financial Services Licence 540697.
Hosted on Acast. See acast.com/privacy for more information.

Kelly grew up watching her immigrant parents work two jobs, seven days a week, after arriving in Australia with very little money.

She thought the only path to wealth was to work harder.

Then she discovered investing and realised her money could work just as hard as she did.

Before turning 30, she's built a $280,000 investment portfolio and bought two investment properties.

Jess sits down with Kelly to unpack the lessons she learned from watching her parents' sacrifices, why she focuses on growing her income as much as her investments (more than doubling it in just a few years), how she uses both property and shares to build wealth and why you absolutely don't need to be rich to get started.

For more regular updates from Jess’ investing journey, follow along on instagram at getstartedinvesting_

Chapters:
00:00:00 From Super Saver To Serious Investor
00:03:48 The Money Lessons That Started It All
00:07:43 Buying Her First Property In Her Twenties
00:11:17 Why Saving Alone Was Not Enough
00:14:00 Turning One Hundred Dollars Into A Habit
00:17:51 How Kelly Built Her Portfolio
00:21:11 Growing Her Income From 75K To 175K
00:24:30 Avoiding Lifestyle Creep As Income Grows
00:26:00 What Kelly Is Building Wealth For
00:29:14 Why Investing Is Not Just For The Rich

Links mentioned in this episode:

📩 Sign up to the Get Started Investing newsletter here
📩 Share your investing story with us submit here
🎟️ FinFest tickets - Buy early bird tickets here
Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we’ve got you covered.

———

Thanks to ShopBack for sponsoring this series.

Want to get paid for shopping online? 💸 ShopBack gives you real Cashback on purchases you're already making, which you can then transfer into your bank account (or brokerage app!).
Download the app here and use code GETSTARTED20 to get a $20 cashback bonus once you've earned your first $10!

———

Get Started Investing is a product of Equity Mates Media.

This podcast is intended for education and entertainment purposes only. Any advice is general advice, and has not taken into account your personal financial circumstances. Before acting on general advice, you should consider if it is relevant to your needs. If you are unsure, please speak to a financial professional. The hosts of this podcast and their guests may have positions in the companies mentioned. Equity Mates Media is part of the Betashares group but maintains editorial independence.

Equity Mates Media operates under Australian Financial Services Licence 540697.
Hosted on Acast. See acast.com/privacy for more information.

Joint accounts or separate? Split bills 50/50? Invest together or keep it separate?

Ask five couples how they manage money and you'll probably get five different answers.

After buying her first home with her partner, Jess put the question to the Get Started Investing community and quickly realised there were plenty of different approaches. So she sat down with financial adviser Glen Hare to hear what he sees working best for the couples he advises, and how they navigate everything from bank accounts and budgeting to shared goals, different money personalities (saver v spender) and building a financial life together.

Plus, producer Soph calls in from her honeymoon with a question many newlyweds face: should married couples combine their investments, or keep investing separately?

Chapters:

00:00:00 How Should Couples Manage Money?
00:03:00 Separate Or Combine Your Finances?
00:07:30 When Separate Money Stops Working
00:12:53 Getting On The Same Financial Page
00:15:15 When One Partner Hates Talking Money
00:19:14 Should Couples Invest Together?
00:23:30 The Tax Trap When Combining Investments
00:27:18 What If Your Risk Tolerances Differ?
00:31:22 The Money Conversation Every Couple Needs

If you want to get in touch with Glen Hare we can put you in touch here

You can follow Jess’s journey further with regular updates on Instagram at getstartedinvesting_

Links mentioned in this episode:

📩 Sign up to the Get Started Investing newsletter here
📩 Share your investing story with us submit here
🎟️ FinFest tickets - Buy early bird tickets here

Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we’ve got you covered.

———

Thanks to MLC for sponsoring this series and helping keep our content free.

If you’re the type of person who spends weekends comparing ETF’s, keeps an eye on crypto, and never misses an episode of Equity Mates, here’s one investment you may be overlooking – your super.
MLC knows it might not seem as exciting as picking your next investment, but thanks to tax advantages and decades of compound growth, it could end up being one of the hardest working investments you own. See how your super could be working harder with MLC at mlc.com.au

Disclaimer: Products issued by NULIS Nominees (Australia) Ltd as trustee of MLC Super Fund. General information only. Read the PDS & TMD available at mlc.com.au and consider if it’s right for you.

———

In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.

———

Get Started Investing is a product of Equity Mates Media.

This podcast is intended for education and entertainment purposes only. Any advice is general advice, and has not taken into account your personal financial circumstances. Before acting on general advice, you should consider if it is relevant to your needs. If you are unsure, please speak to a financial professional. The hosts of this podcast and their guests may have positions in the companies mentioned. Equity Mates Media is part of the Betashares group but maintains editorial independence.

Equity Mates Media operates under Australian Financial Services Licence 540697.
Hosted on Acast. See acast.com/privacy for more information.