Is Australia's Middle Class Disappearing? | Fat Profits Podcast Ep. 20

Welcome to Episode 20 of the Fat Profits Podcast.In this episode, Corey and Ben unpack one of Australia's biggest financial debates: is the middle class disappearing? The conversation begins by reacting to a viral social media clip about wealth inequality before diving into what really creates wealth, whether the financial system is as "rigged" as some claim, and why building long-term financial security still comes down to discipline, ownership and consistency. Corey also shares his experience of building multiple businesses from the ground up, the financial and emotional pressures of running a small business, and why entrepreneurship isn't as glamorous as social media often makes it seem. Whether you're thinking about starting a business, investing in property, or simply trying to improve your financial future, this episode offers practical insights into the realities of building wealth in Australia.Chapters:00:00 Intro 00:30 Tour de France Predictions02:52 Headline of the Week03:14 Reacting to Punter's Politics12:52 Why the Middle Class Matters14:53 The Reality of Small Business20:37 Why People Don't Start Businesses22:20 Why Corey Chose Business25:03 The Biggest Pressures of Running a Small Business41:48 Scenario of the Week42:00 Starting a Small Business: Where Do You Begin?47:59 The Economics of Small Business53:50 Final Thoughts🎥 Follow Finance with Cozza:Instagram: https://www.instagram.com/financewithcozzaTikTok: https://www.tiktok.com/@financewithcozzaWork with mortgage brokers who invest themselves and have a proven track record of helping Australians build property portfolios. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-surveyDisclaimer: This podcast is provided by Source Finance Pty Ltd (ACL 539456) and TGM Accounting Pty Ltd. The information discussed is general information only and does not take into account your personal objectives, financial situation or needs. It does not constitute financial, taxation, credit or legal advice.Corey Goldby is an Authorised Credit Representative (CRN 502276) of Source Finance Pty Ltd (ACN 657 912 868). Australian Credit Licence 539456.Ben Perren is an Authorised Credit Representative (CRN 553223) of Source Finance Pty Ltd (ACN 657 912 868). Australian Credit Licence 539456.