Friends With Money

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

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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

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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:
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Money Website
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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:
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Money Website
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Help to Buy is finally here. So how do shared equity schemes work and are they a solution to unlocking homeownership?
This week on the Friends With Money podcast, Money's Tom Watson is joined by Jack Elliott, mortgage broker and national first home buyer specialist at Alcove and First Home Unlocked, to discuss shared equity schemes and the first home buyer market.
00:00 Introduction
01:31 Understanding shared equity schemes
03:27 The federal government's Help to Buy scheme
03:55 Eligibility and key points of Help to Buy
06:43 Considerations and drawbacks of shared equity schemes
13:35 Market insights for first home buyers
16:19 Final words of advice
18:03 Conclusion
#friendswithmoney #tomwatson #jackelliott #property #sharedequity

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

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