Friends With Money

Are you looking to buy a new home?
This week on the Friends with Money podcast, Vanessa Walker, managing editor of Money, and journalist Ryan Johnson dive deep into the home buying process for first-time buyers.
They discuss the essential steps from initial research, engaging with mortgage brokers and financial advisors, to pre-approval, making offers, and the final settlement.
Get practical tips for navigating real estate websites, understanding mortgage pre-approval, and the importance of conveyancers.
#friendswithmoney #vanessawalker #ryanjohnson #homehunting #firsthomebuyers

00:20 First steps for first-time home buyers
01:38 Researching and narrowing down your options
03:05 Engaging with professionals: Mortgage brokers and financial advisors
05:42 Understanding mortgage pre-approval
07:51 Making an offer and preparing for settlement
10:25 Settlement day and moving in

Podcast Links:
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Email Us: [email protected]

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Should you put extra money into your mortgage, super or personal investments? It’s not always a simple decision.
On this episode of the Friends With Money podcast, Money’s Tom Watson is joined Terry Vogiatzis, director of wealth management at Omura Wealth Advisers, to discuss the pros, cons and trade-offs involved with making use of extra funds.
01:11 Why people find the decision tricky
02:11 Factors to consider before diving in
03:50 Assessing extra mortgage contributions
06:33 Superannuation vs other personal investments
11:38 The benefits of seeking financial advice
14:04 Final thoughts and additional tips
#friendswithmoney #tomwatson #terryvogiatzis #investing #super #mortgages

Podcast Links:
Listen on Apple Podcasts
Listen on Spotify
Money Website
YouTube Podcast Playlist
Email Us: [email protected]
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Hundreds of thousands of Australians lose money to scams each year, but there are simple steps everyone can take to better protect their money.
On this episode of the Friends With Money podcast, Money’s Tom Watson is joined by Olivia McArdle, head of payments and deposits at Macquarie Bank, to discuss account safety and scams to watch out for.
01:48 Built-in security features in banking apps
03:39 Basic phone and computer security tips
05:32 Common financial scams to watch out for
07:45 What to do if you've been scammed
09:54 How banks detect and prevent scams
12:12 Future technology in banking security
#friendswithmoney #tomwatson #oliviamcardle #banking #scams

Podcast Links:
Listen on Apple Podcasts
Listen on Spotify
Money Website
YouTube Podcast Playlist
Email Us: [email protected]

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Considering seeking financial advice, but not sure what to expect? We explore the process, the costs involved and what to look for in an advisor.
On this episode of the Friends With Money podcast, Money’s Tom Watson is joined by Sarah Abood, chief executive of the Financial Advice Association Australia (FAAA), to run through some of the most frequently asked questions about financial advice.
00:00 Introduction
01:09 Benefits of financial advice
05:07 Is advice worth it for younger Australians?
12:14 How much does advice cost?
14:02 Finding the right financial adviser
19:43 What to expect from the financial advice process
25:20 Final thoughts

#friendswithmoney #tomwatson #sarahabood #financialadvice

Podcast Links:
Listen on Apple Podcasts
Listen on Spotify
Money Website
YouTube Podcast Playlist
Email Us: [email protected]

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The Bank of Mum and Dad is booming, but without the right planning a generous gesture can turn into a legal and financial headache.
On this episode of the Friends With Money podcast, Money’s Tom Watson is joined by William Moore, partner and head of private client advisory at Hall & Wilcox, to discuss gifts, loans and the potential pitfalls of the Bank of Mum and Dad.
00:00 Introduction
01:47 Family financial support: Trends and options
04:52 Gifts vs loans: Key differences and considerations
10:10 Legal and financial structures for family loans
14:19 Family loans and estate planning
16:46 Conclusion
#friendswithmoney #tomwatson #williammoore #property #bankofmumanddad
Podcast Links:
Listen on Apple Podcasts
Listen on Spotify
Money Website
YouTube Podcast Playlist
Email Us: [email protected]
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