PODCAST · education
Money Madams
by Amber Parr and Katherine Hayes
Two Aussie Girls Amber Parr and Katherine Hayes chat about all things money and career with tips, tricks and insights that you wish you had known years ago.Fortnightly episodes releasing on Mondays, Money Madams delivers practical and easy to understand money and life advice with a sense of humour so you can lead your best Money Madam life.
Episodes
-
155 - The Final Episode
This week we celebrate 5 years of the Money Madams podcast and it also marks our final episode. In this final episode we share our favourite take aways on the podcast over the last 5 years. Thank you for listening to us, we hope you enjoyed listening as much as we enjoyed sharing with you.
-
154 - Bucket Company Strategies
Family Trusts can be a great tool for minimising tax and protecting your assets. One of the downsides to a trust is that the income must be distributed each year, but what if you would prefer to delay receiving that income until a later, lower income earning year? Welcome to the bucket company...
-
153 Family Trust Basics
In this episode, we talk about Discretionary Trusts and why people use them. They can offer great benefits for the "Beneficiaries", but do you know the difference between an "Appointer" and the "Trustee" and the role of the "Settlor?" We tackle the jargon of the different roles that need to be...
-
152 Getting started with Debt Recycling
In this episode we cover the primary methods people use to get started with debt recycling. Some people prefer to take a leap by taking on additional borrowings to invest while others prefer to pay down the loan first, redraw then invest. Some prefer to refinance their loan to a mortgage product...
-
151 - Spousal property transfers as a tool to boost tax deductions
In this episode we cover a couple of strategies to increase tax deductible debt when upgrading the family home via the use of a spousal transfer strategy. When most of us think about this type of scenario, we think of splitting assets when relationships end. Fortunately this strategy is for happy...
-
150 Little known strategies to reduce CGT on property
Nothing is more certain than death and taxes, but if you plan well, you can certainly minimise the amount of tax you pay. In this episode we chat about a strategy that isn't very well known that can help minimise or entirely negate capital gains tax being applied to the sale of a former…
more -
149 Negative Gearing - 9 mistakes to avoid
Negative gearing is a useful tool that when used well can help you grow your wealth, but like all tools, if it isn't understood or used well, then it could do more harm than good. Tune in to this episode as we chat about the 9 most common mistakes people make when it setting up a negative gearing...
-
148 - Granny Flats- 13 Problems to Avoid
With Granny Flats and Tiny Homes rising in popularity as home prices soar or people look to add new sources of income to their lives - we have put together 13 problems that can arise with Granny flats that should be considered before taking the leap.
-
147 - Federal Budget - What it means for you
This year was a light on budget, but there was some good news for many... Stage 3 tax cuts, new medicines being added to the PBS saving people tens, or even hundreds of thousands in treatment costs, interest savings for those with HELP debts (or HECS debts if you are old school like us)…
more -
146 - Upcoming changes to Income Tax rates and Super and what it means for you
Winter is coming! But so too are Tax cuts and changes to super on 1 July. In this episode we cover the changes and how you can leverage these changes to boost your overall finances both before the end of the financial year and once the changes kick in on 1 July 2024.
-
145 - Tiny Houses
A tiny house can be a practical, affordable and an innovative living solution when faced with soaring property prices. If you're contemplating tiny house life, you may naturally be wondering what's involved from how much they cost to the practical considerations. In this episode we cover the...
-
144 - Finding Good Private Healthcare
In this episode, we talk about how to find "good" health cover. You know the kind that ticks all the boxes...... like being good value for money, pays back a decent rate to members, has good service, a low rate of complaints and importantly, covers the things you actually value. So tune in as we...
-
143 Special News Update
This episode is just a quick update to let you know we have an announcement in leui of our regular style of episodes as we've been busy preparing and celebrating Katherine's big day! We will be back with a new episode in 2 weeks. : )
-
142 Nigel's claim story
In this episode we meet with Ross Hultgren, and adviser from Geelong along with his client Nigel who wishes to share his claim journey. Nigel shares an important reminder about what is really important in life, and to remind us all to take care of ourselves and make sure we have a plan B in place.
-
141 - Generating Income Through Your Home
If you are looking to generate extra income but have no interest in a side hustle or extra work hours then this episode is for you. In this episode we talk about 5 different ways you could generate extra income from your home itself.
-
140 - Accessing Equity Part 3 - Reverse Mortgages
If you are nearing, or in retirement and want to access the equity in your home without having to make monthly loan repayments, then you are probably considering a reverse mortgage arrangement. In this episode we cover the basics of the circumstances where this may be an option worth exploring…
more -
139 Using Equity - part 2
As we continue into our mini series on accessing and using equity we dive into a range of ideas and strategies for using the equity released from the sale of your home whether you are downsizing, upgrading or exiting property ownership long term.
-
138 - Using Equity
Equity can be a great tool to help you get ahead and make the most of your finances, but what exactly is equity? How do you access it?; and when is it a good vs bad idea? In this first episode of a mini-series into using home equity we cover all your questions.
-
137 - 2023 Wrap Up
In our final episode for the year we cover the highlights of 2023 and outline some episodes we have planned for next year. For those that are keen to sort out their finances, we are running a 50% off special for all digital items in the Money Madams store. https://moneymadams.com/shop/ We wish…
more -
136 - The Sunk Cost Fallacy Phenomenon
What is the sunk cost fallacy? The Sunk Cost Fallacy describes our tendency to follow through on an endeavor if we have already invested time, effort, or money into it, whether or not the current costs outweigh the benefits. It can be a big problem when we aren't aware of its impact on our…
more -
135 Black Friday Cyber Monday
It's one of the biggest sales of the year which can mean blowing your budget or scoring some amazing deals, sometimes both. If you love a bargain, and we certainly do, we chat about making your dollar go further by planning ahead to take advantage of what can be amazing deals.
-
134 - Debunking Bad Advice
Have you ever heard that you should aim for tax losses on investment properties, or you need a credit card to get a credit rating score, or perhaps you should move all your money into defensive assets as you approach retirement? Well-meaning advice can be great, but what could work well for…
more -
133 - Scams & Horror stories
While you may be able to spot a scam from a Nigerian prince, but what about protecting your My Gov account? In this episode we go through some of the most recent scams going around following the data hacks on some major organisations. As scary as it can be, we also have some tips to reduce the...
-
132 - Gift or Loan
Parents often want to help out kids, and gifting is often the norm. It's a nice warm and fuzzy feeling helping out others, but what if you could better help your child or loved one with a loan instead? In this episode we discuss the protections and drawbacks of gifting versus loaning money for…
more -
131 - Achieving a Million dollars in Superannuation
Have you wondered if achieving a million dollars in super is achieveable? Well, the answer is yes, well at least if you act early enough. We'll walk you thorugh what it takes to get your super to that level based on a range of starting balances, ages, income level, investment approaches and how...
-
130 - Super Splitting
Sharing is caring when it comes to Superannuation. This little known strategy for couples can be a great tool for a range of scenarios. Have a listen to this episode to find out how you could potentially boost your age pension, acess your super earlier (and importantly legally!), and make the…
more -
129 - Decoding Your Superannuation Statement
It's that time of year when super fund statements are sent out. It's easy to ignore your statement because the money doesn't feel real, or because the information in them can be overwhelming. In this episode we cover how to tell if your super is performing well and break down some of the jargon…
more -
128 - Budgets under Stress
With rents and mortgage interest rates having risen sharply, many people are starting to notice their incomes feeling more restrictive. In this episode, we talk about ways of reducing budget stress, and it it's not all about spending less. We cover ways to swap out, lower costs and bring some…
more -
127 - The Sparrow Folk
In this episode we have Canberra's own comedy sirens - The Sparrow Folk! Tune is to enjoy their humor as they share their journey of taking a side hustle to business venture. They also have a special suprise - a song they wrote and performed for Amber and Katherine all about the Money Madams!
-
126 - Super Insurances
In this episode we break down the difference between the cover you get in your super fund vs the cover you get via an adviser - you'd be amazed at the difference in quality and price! We all know Katherine loves personal insurance, but this week we have a guest, Matthew Wallis! As always you can...
-
125 End of Financial Year Prep
It's the end of financial year. Santa isn't the only one making a list and checking it twice. The ATO has released its hot list. So if you want to avoid the naughty list and make sure you are up to date on upcoming changes, tune in to this episode!
-
124 - Car Insurance
Car insurance, most of us have it in some form or another, but do you have the correct type, and have you ever checked the fine print of your policy. In this episode, we break it down and reveal some tips and tricks when it comes to making sure you have the cover you want, and avoid a bad deal.
-
123 - Rentvesting
In this episode we chat about the strategy of Rentvesting, the pros and cons and how it can be a third option to be considered in the classic debate of whether to buy or rent.
-
122 The Budget - What's in it for you?
It's the night Katherine gets her geek on (well more than normal). After working through the details, we share the key pieces of info that are likely to make an impact on your day-to-day finances from super, tax, government payments and incentives and more.
-
121 Buying vs Renting
It is often said, rent money is dead money, but is that really true? At what point is it more advantageous to rent over buy? Join us in this episode as we look at both the pros and cons when it comes to buying a home vs renting.
-
120 - Inflation - Why does it matter?
Everyone is talking about inflation. We can't escape hearing about it. But what is inflation exactly? Join us in this episode as we cover its impact on you (we promise there is some good news in all this!), what it means for your mortgage and saving interest rates, and lastly, what steps you can...
-
119 Investing vs Paying down your mortgage
If you've ever wondered whether you should be focusing on paying down your mortgage or whether you should use any spare cash to invest, then this is the episode for you. We'll walk through the questions you should ask yourself, crunch some numbers, and highlight different personal values to help...
-
118 - Live abroad without quitting your day job
Do you dream of living in an exotic location, or envy those who have jobs that allow them to be paid to live and work overseas like Amber? Dream no more, becoming a digital nomad may be your ticket to making your dreams a reality. For more info about digital nomad visas check out...
-
117 - Lending update
With interest rates rising, if you haven't been reviewing your home loan lending rates and mortgage arrangements, now is the time to so so! In this episode we have David of True North Mortgage Solutions back on the show to chat about what's on offer from the banks, what impact rising interest…
more -
116 Scams
It may be easy to avoid falling for a Nigerian Prince, but scams are becoming increasingly sophisticated. In this episode we cover some of the more recent scams going around so you can protect your hard-earned dosh!
-
115 Working out your Net Worth
Ever wanted to know how close you are to being a millionaire, or a multi-millionaire? In this episode, we break down the steps needed to work out your net worth, talk about why it is important to know your net worth and how often you should re-visit it. Our promo for our book is still running…
more -
114 - Goals setting ft. Jenni Walke
Welcome to 2023. The new year is typically when most people sit down and make goals for the year ahead. No matter what time of the year it is, if you want to make changes for the better, regardless if it is for your health, wealth, or relationships, there are some strategies you can adopt to…
more -
113 - The Savvy spenders Christmas Guide
In our final episode for the year, we wrap up with all things Christmas. Christmas can be stressful not only for our wallets but also for our time and energy levels. In this episode, we give you our take on how to be a savvy spender at Christmas. We are taking a break over Christmas & New Year…
more -
112 - Protecting Kids & Crucial Conversations
We love our children and want the best for them, to be healthy, have a good education, and have caring friends. The biggest fear of most parents is something happening to their kids, so in this episode, we talk about preparing them for the road ahead. While we love to bring you lots of joy and...
-
Episode 110 - Backing Yourself ft. Lessli Strong
In this episode we welcome back Lessli Strong and we chat about the wisdom, benefits and skills needed for backing yourself when it comes to work and relationships.
-
110 - Federal Budget - what's in it for you?
It's time for Katherine to get nerdy with the latest Federal Budget. We've taken the guess work out of it for you and give you a summary of the announcements that could mean changes or opportunities for you.
-
109 Gaming Credit Cards & Reward Programs
Credit cards can be an awful trap for some, but a huge benefit for others. Like all financial tools, it comes down to how you wield them. In this episode, we talk about ways you can use credit cards and reward programs to make you money, rather than cost you money.
-
108 - Getting Started with Investing
You've asked and we've listened. In this episode we talk about how to get started with investing for the first time whether you are looking to kick off with shares, managed funds or ETF's. From opening an account, to choosing your investments and other elements such as minimum amounts required…
more -
107 Die with ZERO
Most of us will likely worry at some point about not having enough savings to last our retirement, but a recent hot topic has us talking about aiming to spend (and enjoy) every last cent of our retirement dollars. The key theory here is that if you die with money left unspent, it represents time...
-
106 - Strategies to make your Money last
Whether you plan to retire early or plan a traditional retirement or simply want to plan ahead to ensure your money lasts the distance tune in to this episode to learn some of the common strategies to make your money last. We cover the 4% rule and the bucket strategy - two great principles that…
more
We're indexing this podcast's transcripts for the first time — this can take a minute or two. We'll show results as soon as they're ready.
No matches for "" in this podcast's transcripts.
Loading reviews...
ABOUT THIS SHOW
Two Aussie Girls Amber Parr and Katherine Hayes chat about all things money and career with tips, tricks and insights that you wish you had known years ago.Fortnightly episodes releasing on Mondays, Money Madams delivers practical and easy to understand money and life advice with a sense of humour so you can lead your best Money Madam life.
HOSTED BY
Amber Parr and Katherine Hayes
CATEGORIES
Loading similar podcasts...
Frequently Asked Questions
How many episodes does Money Madams have?
Money Madams currently has 157 episodes available on PodParley. New episodes are automatically indexed when they're published to the podcast feed.
What is Money Madams about?
Two Aussie Girls Amber Parr and Katherine Hayes chat about all things money and career with tips, tricks and insights that you wish you had known years ago.Fortnightly episodes releasing on Mondays, Money Madams delivers practical and easy to understand money and life advice with a sense of humour...
How often does Money Madams release new episodes?
Money Madams publishes regularly with 157 episodes available. Check the episode list for the typical release schedule.
Where can I listen to Money Madams?
You can listen to Money Madams on PodParley by clicking any episode. We provide an embedded audio player for direct listening, and you can also subscribe via your preferred podcast app using the RSS feed.
Who hosts Money Madams?
Money Madams is created and hosted by Amber Parr and Katherine Hayes.
URL copied to clipboard!