Get Rich Slow Club

Corey Goldby bought his first property at 19, went on to build a business with 35 staff and recently negotiated its sale. Yet when Tash asks whether he feels successful, his answer is no. In fact, one of the biggest feelings of achievement he's experienced came from something much simpler: paying off his personal debt.

So how do you know you've made it when there's always another goal to chase?

In this episode, Tash sits down with Corey J Goldby from Source Financial, now joining Fouracre Financial and the InvestorKit Group. They unpack his journey from high school dropout to property investor and business owner, including the money mistakes, unexpected opportunities and changing priorities along the way. It's a conversation about building wealth, learning from failure and figuring out what success actually means once you've achieved some of the things you set out to do.

In this episode we'll discuss:

🏠 How Corey bought his first property at just 19, then ended up with credit card debt, personal loans and a damaged credit file despite working in banking.

💳 Why paying off his personal debt gave Corey a greater sense of achievement than some of the financial and business milestones that followed.

🧵 How our upbringing can shape our relationship with money, including why Corey's wife still feels guilty about spending $500 on a sewing machine.

🏘️ Why Corey reduced his property portfolio from around 14 properties to just three, and how his priorities have shifted towards upsizing his family home.

⚖️ What Corey means by making investment decisions "slow but fast", and why having an exit strategy matters just as much as knowing when to buy.

📈 How Corey's business grew from around 10 staff to 35 in just 18 months, and the challenges of juggling rapid growth, family life and being constantly available.

🤝 How the sale and merger of Source Financial came together, including the combination of cash, shares and Corey's new role within the larger business.

👨‍👩‍👦 How Corey is teaching his children about earning money through chores, and why his son wasn't particularly impressed by the idea of a 50% tax on his pocket money.

📱 Why becoming successful doesn't necessarily change your old friendships, even when the people closest to you don't seem particularly interested in what you're building.

🍻 What Corey might actually want to do when he's finished with finance, and why owning an old-fashioned local pub sounds more appealing than another decade of grinding away.

The big takeaway?

Financial success doesn't necessarily feel the way you imagine it will. Corey's story shows that building wealth and feeling successful aren't always the same thing. Paying off debt, having more time for family or simply enjoying your life can feel more meaningful than another property, another business milestone or a bigger number on your balance sheet.

Case Study Form

@tashinvests
@anakresina
@getrichslowclub
@pearlerhq
Get Rich Slow Club
Pearler
YouTube
How To Not Work Forever

Disclaimer:
Any 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.
Pearler is an Authorised Representative 1281540 of Sanlam Private Wealth Pty Ltd AFSL 337927. Read the FSG available from https://pearler.com/financial-services-guide
If 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.

If you had $1,000 to invest and were starting from scratch today, where would you begin?

Tash and Ana strip investing back to basics and talk through how they would approach their first $1,000 now. From emergency funds and ETFs to fees, diversification and analysis paralysis, they explore what actually matters when you are getting started.

In this episode:

💰 Why having an emergency fund can matter before putting money into the share market

📈 What an ETF is, and how one investment can give you exposure to many different companies

🧺 Why Tash and Ana favour keeping their own long-term investing approach simple rather than trying to pick individual winners

💸 The role fees can play when comparing ETFs and investing platforms

🧠 Why searching for the “perfect” investment can lead to analysis paralysis and stop people from getting started

⏳ How investing small amounts can help you become more comfortable with the ups and downs of the market over time

💳 Why your debt, cash flow and short-term savings goals are worth thinking about before investing

🏡 Why money you may need soon can require a different approach from money being invested for the long term

The big takeaway? Investing can feel complicated because there are so many platforms, funds and strategies to choose from. But your first investment does not need to be perfect. Understanding your goals, building a financial buffer and learning how long-term investing works can help make the process feel much less overwhelming.

Case Study Form

@tashinvests
@anakresina
@getrichslowclub
@pearlerhq
Get Rich Slow Club
Pearler
YouTube
How To Not Work Forever

Disclaimer:
Any 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.
Pearler is an Authorised Representative 1281540 of Sanlam Private Wealth Pty Ltd AFSL 337927. Read the FSG available from https://pearler.com/financial-services-guide
If 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.

Opening a separate business account sounds simple until the money starts coming in. Suddenly you’re juggling tax, GST, payroll, profit, late invoices, interest and the uncomfortable reality that a healthy-looking balance may not actually be yours to spend.

So what does a banking setup need to do once a side hustle starts becoming a real business?

In this episode, Tash and Emma compare the banking setups they’ve built through the sole trader and company stages, including what went wrong when business and personal money were mixed. They also unpack tax buckets, cash buffers, paying yourself, business savings accounts and why revenue can look much better than the money you actually keep.

In this episode we'll discuss:

💸 How side hustle income can start feeling like “spare money this week” when it lands in your personal account, and what happens when tax barely enters the equation.

🏦 How their banking systems evolved from one account to separate buckets for tax, GST and profit, and why a simpler setup can sometimes work once cash flow becomes more predictable.

🧾 Why not all the money sitting in a business account is actually available to spend, even when the business itself is making a loss.

💰 The trade-off between keeping business cash accessible and earning interest, including around $200,000 sitting inside Tash Invest and the Macquarie and NAB split used to make that cash work harder.

📉 Why cash buffers matter when invoices arrive late or conditions change, and what businesses failing after only a short downturn can reveal about planning for the good times and the bad.

📊 Why selling something for $100 and spending $30 to make it does not mean you’ve made $70 once tax, time, licences, insurance, software and other costs enter the picture.

👩‍💼 Why $100,000 in business revenue is very different from a $100,000 salary once super, sick leave, annual leave and business expenses are stripped out.

💳 How paying yourself gets trickier when income fluctuates, and why percentages or a base salary plus occasional top-ups can make the maths easier to manage.

🧠 How dealing with $12,000 fortnightly payroll, four-figure business expenses and $6,000 pieces of work can quietly change what $2, $600 or $2,200 feels like in everyday life.

The big takeaway? A business bank balance can tell you surprisingly little about how much money you actually have available. The useful setup is the one that makes tax, expenses, cash flow, profit and your own pay visible enough that you don’t mentally spend the same money twice. As the business changes, the banking system may need to change with it.

Case Study Form

@tashinvests
@anakresina
@getrichslowclub
@pearlerhq
Get Rich Slow Club
Pearler
YouTube
How To Not Work Forever

Disclaimer:
Any 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.
Pearler is an Authorised Representative 1281540 of Sanlam Private Wealth Pty Ltd AFSL 337927. Read the FSG available from https://pearler.com/financial-services-guide
If 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.

Alternative investments can sound like the part of investing reserved for wealthy insiders. Private equity and private credit can offer access to companies and opportunities you won’t find on the share market, but they can also mean six-figure minimums, less transparency and locking your money away for years.

So what are investors actually getting in exchange for that extra complexity?

In this episode, Jack and Tash unpack the world of alternative investments, from private equity and private credit to employee share schemes and some much stranger assets held inside SMSFs. They look at why these investments can attract wealthy investors, where the higher return expectations come from, and the risks that are easier to overlook when the numbers look compelling.

In this episode we'll discuss:

💰 The comparison between $1 million invested in the S&P over 35 years and the returns quoted for average private equity funds, and how compounding can dramatically widen the gap over time.

🚪 Why many private investments are restricted to wholesale investors, including the $250,000 income and $2.5 million net asset tests.

🏗️ How private credit works, why borrowers might use it instead of a bank, and why property-backed loans can offer yields around 10%.

🔒 Why investors may need to lock their money away for five or seven years, and how the illiquidity premium fits into the return equation.

🏢 Why companies such as Canva can stay private for longer, and why the number of publicly listed companies in the US has fallen dramatically since the 1990s.

🤝 Why the fund manager can matter so much in private markets, particularly when some funds require minimum investments of $100,000 or considerably more.

📉 The risks of employee share schemes when your income and a large part of your wealth are both tied to the fortunes of the same company.

🐎 Pokémon cards, artwork, wine and even horse semen inside SMSFs, plus the rules that determine whether an unusual asset can genuinely be held for retirement purposes.

🧩 Plus, a listener asks whether rotating through a long list of ETFs is really creating more diversification, or simply adding more versions of the same underlying investments.

The big takeaway? Alternative investments can open the door to opportunities outside traditional shares and ETFs, but higher expected returns come with their own set of trade-offs. Liquidity, access, fees, transparency, diversification and manager quality all matter. Sometimes the most important question isn’t whether an investment is alternative, but whether you understand what you actually own and why it belongs in the portfolio.

Case Study Form

@tashinvests
@anakresina
@getrichslowclub
@pearlerhq
Get Rich Slow Club
Pearler
YouTube
How To Not Work Forever

Disclaimer:
Any 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.
Pearler is an Authorised Representative 1281540 of Sanlam Private Wealth Pty Ltd AFSL 337927. Read the FSG available from https://pearler.com/financial-services-guide
If 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.

Investing mistakes are easy to spot after the fact. An inverse ETF that moved the wrong way, $12,000 sitting idle for years, a tax decision with expensive knock-on effects, or shares that went from $70,000 to $5,000. But trying to avoid every possible mistake can create a problem of its own.

So which investing mistakes are worth worrying about, and which ones are simply part of learning?

In this episode, Tash and Ana unpack five investing mistakes they see people make, along with a few of their own. They look at waiting until you feel ready, misunderstanding how an investment is structured, buying things you don't really understand, expecting investing to feel comfortable and wanting long-term returns far too quickly.

In this episode we'll discuss:

📉 What happened after buying an inverse leveraged ETF during Covid, expecting markets to keep falling, only for the recovery to keep going.

💸 How $12,000 ended up sitting in a near-zero-return account for years, and why opportunity cost can hurt even when you haven't technically lost money.

🧾 How selling company shares in the wrong financial year had flow-on effects for tax, paid parental leave and childcare subsidies.

🚲 Why waiting until you feel completely ready to invest can leave you stuck, even after you've read the books and watched the videos.

🏦 The difference between investing through super, custodial platforms and CHESS-sponsored holdings, plus why trusts and SMSFs can create complexity of their own.

🎮 How experiences with GameStop, crypto, day trading or individual shares can convince someone that all investing is far riskier than it actually is.

📊 Why one company, one industry and one country carry a very different type of risk to a broadly diversified ETF, and why time horizon matters too.

😬 What it feels like to invest a large lump sum, watch the portfolio immediately go backwards and resist the urge to keep checking the app.

⏳ Why seven to ten years can feel very different from six months, and why dividends, market growth and the snowball effect rarely arrive on demand.

The big takeaway? Investing mistakes don't all look like losing money. Sometimes it's waiting, misunderstanding the structure, taking more risk than you realised, or expecting a long-term investment to prove itself almost immediately. Making better decisions starts with understanding what you're doing, while accepting that some lessons only become obvious once you've actually started.

Case Study Form

@tashinvests
@anakresina
@getrichslowclub
@pearlerhq
Get Rich Slow Club
Pearler
YouTube
How To Not Work Forever

Disclaimer:
Any 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.
Pearler is an Authorised Representative 1281540 of Sanlam Private Wealth Pty Ltd AFSL 337927. Read the FSG available from https://pearler.com/financial-services-guide
If 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.