152. How Lacey retired early, and why you should take a mini-retirement
The idea of “early retirement” is going to mean different things to different people. For some, it offers a glimpse into a future of passion projects, community involvement, or a life of learning. To others, it will conjure visions of a beach, a deck chair, and a cocktail with a pointy umbrella.Regardless of how it looks in your daydreams, one thing remains certain: early retirement won’t happen by accident. Fortunately, this episode’s guest has been there, done that, and come back to share her notes.In this Get Rich Slow Club session, Tash and Ana chat with Lacey Filipich. Having reached work optional status in her early 30s, Lacey runs Money School – an organisation which teaches people of all ages the fundamentals of Financial Independence. In her chat with Tash and Ana, Lacey shares her top tips for reaching early retirement. She also makes the case for giving yourself a “mini-retirement” before you reach the finish line.@tashinvests@anakresina@getrichslowclub@pearlerhqGet Rich Slow ClubPearlerYouTubeHow To Not Work ForeverDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Natasha Etschmann is an Authorised Representative #1299881 of Guideway Financial Services Pty Ltd AFSL#420367. Read the FSG available from https://tashinvests.com/linksPearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.
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151. We asked an economist about the housing crisis
Housing in Australia is expensive.We don’t think any Australian with fewer than eight figures in their bank account would find this statement controversial. Simply compare the average income with the average home rental or purchase prices, and you can see the disparity.We’ve talked about the housing crisis before on this podcast. But is Australia ACTUALLY in the grip of a housing crisis, or is the problem actually simpler than that?At a glance, it might seem as if we’re splitting hairs. “Who CARES what we call it?” you might say. “Housing is too expensive; does it really matter whether we use the words ‘housing crisis’ to describe the problem?”While it might feel nitpick-y, the definition we use can determine the solutions we should (and shouldn’t) pursue. So to better understand what we’re up against, Tash and Ana spend this session chatting with economist Dr Cameron Murray. By the end of this episode, you’ll have a clearer idea of what’s happening in Australia’s housing market – and how it affects you.@tashinvests@anakresina@getrichslowclub@pearlerhqGet Rich Slow ClubPearlerYouTubeHow To Not Work ForeverDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Natasha Etschmann is an Authorised Representative #1299881 of Guideway Financial Services Pty Ltd AFSL#420367. Read the FSG available from https://tashinvests.com/linksPearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.
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150. Em’s money story
In the conversation around housing affordability, it can be easy to get lost in the stats and figures. In doing so, we can often lose sight of the people behind the numbers. That’s why, in this episode, Tash and Ana welcome a guest who is living through the property crisis firsthand.Em Readman is a writer and editor who lives in Perth. Despite earning a comfortable income, Em is unable to break into the property market. By sharing their experience, Em hopes to encourage others who are facing similar challenges.@tashinvests@anakresina@getrichslowclub@pearlerhqGet Rich Slow ClubPearlerYouTubeHow To Not Work ForeverDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Natasha Etschmann is an Authorised Representative #1299881 of Guideway Financial Services Pty Ltd AFSL#420367. Read the FSG available from https://tashinvests.com/linksPearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.
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149. SHORTS: What is dollar-cost averaging?
From its name – and the fact that it has its own acronym – you might assume that dollar-cost averaging (or DCA) is tricky. It FEELS like the kind of term suited up fund managers might use to justify their exorbitant fees, right?In truth, dollar-cost averaging is one of the simplest long-term investing strategies around. And if you give us a few minutes, we’ll give you an explanation of how it can work for you.@tashinvests@anakresina@getrichslowclub@pearlerhqGet Rich Slow ClubPearlerYouTubeHow To Not Work ForeverDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Natasha Etschmann is an Authorised Representative #1299881 of Guideway Financial Services Pty Ltd AFSL#420367. Read the FSG available from https://tashinvests.com/linksPearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.
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148. Balancing current wants with future goals
Social media can serve an array of useful purposes. It can connect us with our friends, entertain us with content, and even act as an education tool. But do you want to know where social media REALLY lets us down? In our mission to Get Rich Slow.Every time we try to adjust our budget, we see a friend sharing reels from Europe. Every dollar we save towards our ideal future, we find photos of some stranger flaunting a $100k car. And don’t get us started on all of the influencers who spruik high-cost items as if they’re supermarket staples.Of course, we never get to see the stories behind the spending. The credit cards which paid for those Eurotrips, or the lease agreements which financed those cars. As a result, it can be easy to reach a grim conclusion:“Everyone else is doing well. I’m falling behind. And the only way to catch up is to spend my way forward.”Not only is this idea untrue – it’s also unhelpful towards our Get Rich Slow goals. That’s why, in this session, Tash and Ana set out to equip you with effective methods to combat FOMO. From short-term planning to lifestyle structuring, you’ll learn how to stay the course in an age of conspicuous consumption. Tune in to this ep and win against the algorithm!@tashinvests@anakresina@getrichslowclub@pearlerhqGet Rich Slow ClubPearlerYouTubeHow To Not Work ForeverDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Natasha Etschmann is an Authorised Representative #1299881 of Guideway Financial Services Pty Ltd AFSL#420367. Read the FSG available from https://tashinvests.com/linksPearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.
The Get Rich Slow Club podcast will empower you to go from beginner to confident investor. Follow along with Tash Etschmann from @TashInvests and Ana Kresina from Pearler as they take you step by step to build your wealth. This isn't a get rich quick scheme, instead it's all about being consistent, and focusing on long-term growth. So let's all Get Rich Slow together. Hosted on Acast. See acast.com/privacy for more information.
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