Money: Faith & Finance

Ben and Pete dive into the world of financial toolkits, discussing essential elements including budgeting and building a supportive team of financial advisors. They explore how your toolkit can evolve with life stages and personal preferences, emphasising the importance of distinguishing between tools and toys in financial planning.  Key Takeaways: A financial toolkit is personalised and should evolve as one progresses through different life stages. Budgeting is foundational—understanding and managing expenses is crucial for financial stability. Building a supportive network of financial professionals and informed individuals can vastly improve financial decision-making. The difference between tools and toys in financial management is key to optimising your strategy. Integrating biblical principles and wisdom can guide financial choices, aligning them with broader life goals. Notable Quotes: "Financial toolkit is more than just a sound bite. It's your little grab bag. It's your little go-to of how to get things done." - Pete Burrows "A budget should be ground zero. It's the thing you have to have in the toolkit." - Pete Burrows "The application of biblical wisdom can shape how you view money and incorporate it into your financial toolkit." - Ben McEachen "Know the difference between a tool and a toy when you're looking at your finances." - Pete Burrows Join the Money: Faith and Finance Group on Facebook here!We love your questions. Contact the Money: Faith and Finance team and we will aim to get back to you in a future episode.  Pete Burrows is an accountant for small business and individuals with Lower Russell and Farr in Penrith, Western Sydney, Australia.Ben McEachen hosts Hope Mornings on Hope 103.2FM in Sydney, Australia.Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/See omnystudio.com/listener for privacy information.

What a question. Pete and Ben know how we all can wrestle with trusting God. When it comes to what we need and ask for, how much should we expect? Using our finances as an example of God's provision, Ben and Pete turn to the Bible, personal experiences and observed outcomes to examine the pointy end of reliance, faith and resources. Join the Money: Faith and Finance Group on Facebook here!We love your questions. Contact the Money: Faith and Finance team and we will aim to get back to you in a future episode.  Pete Burrows is an accountant for small business and individuals with Lower Russell and Farr in Penrith, Western Sydney, Australia.Ben McEachen hosts Hope Mornings on Hope 103.2FM in Sydney, Australia.Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/See omnystudio.com/listener for privacy information.

You are going to want to take notes. Pete provides plenty of ways to cut costs – by letting us know what we should be auditing every year (or more often). Key Takeaways: Annual financial checkups are essential for effective money management and should involve reviewing all expenses and bills. Proactively asking for better prices or researching provider alternatives can lead to significant savings without sacrificing quality. Understanding the importance of balancing time versus potential financial savings is crucial for effective personal finance management. Creating a “financial toolkit” can help structure the processes needed to make informed financial decisions regularly. Complacency can harm financial health; staying informed and active in challenging existing costs regularly is beneficial. Notable Quotes: "You can't correct it if you don't check it." "If you care about where your money goes and what you're spending on, you should check your bills at least annually." "A bit like going to the doctor, you're hopefully healthy and eating healthy [...] once a year you might go to the doctor and say, how am I really doing?" "I've never seen anybody go, 'You know what, just for hanging around here's a discount.' You don't get anything without asking." "You need to look at the bills, not just pay them." Join the Money: Faith and Finance Group on Facebook here!We love your questions. Contact the Money: Faith and Finance team and we will aim to get back to you in a future episode.  Pete Burrows is an accountant for small business and individuals with Lower Russell and Farr in Penrith, Western Sydney, Australia.Ben McEachen hosts Hope Mornings on Hope 103.2FM in Sydney, Australia.Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/See omnystudio.com/listener for privacy information.

Ever been on hold with a call centre about a financial issue that you didn't create? When you finally get through, did things get better – or worse? Our special guest, influencer Jordana Brown ("That British Girl"), had a stressful situation with Centrelink that went viral. She tells Pete and Ben about trying to navigate bureaucracy, standing up for what's right and how faith and kindness improve terrible exchanges.   Jordana Brown is an influential social media personality known as "That British Girl" on platforms like Instagram, TikTok, and Facebook. Before becoming an influencer, Jordana worked extensively in the production field, spending over 15 years behind the camera in a major UK church. Jordana currently hosts the Morning Wake-up Show on Salt1065 on Australia’s Sunshine Coast. Key Takeaways: Jordana Brown's Journey: Discover how Jordana moved from behind the scenes in production to becoming a prominent influencer and radio host. Navigating Bureaucracy: Learn about Jordana's challenging experience with Centrelink, highlighting the importance of perseverance and clarity in dealing with life admin. The Role of Empathy: Maintaining politeness and empathy – even in frustrating circumstances – can lead to resolution and change. Faith in Adversity: Explore how Jordana's Christian faith provided comfort and guidance during extensive struggles with public services. Financial Awareness: Gain insights into overcoming emotional spending and the benefits of seeking professional financial advice. Notable Quotes: "I became an accidental influencer. I've always worked behind the camera and just started randomly creating videos." "The one thing I'll have to say as an influencer—the amount of trolling I get – [but] I try to remember they are human as well." "The older I get, the more I think I'm empathetic." "From the responses from the video, it was kindness. So, yes, my takeaway is: Be kind." Resources: That British Girl on Instagram: @thejordanagrace Join the Money: Faith and Finance Group on Facebook here!We love your questions. Contact the Money: Faith and Finance team and we will aim to get back to you in a future episode.  Pete Burrows is an accountant for small business and individuals with Lower Russell and Farr in Penrith, Western Sydney, Australia.Ben McEachen hosts Hope Mornings on Hope 103.2FM in Sydney, Australia.Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/See omnystudio.com/listener for privacy information.