Money: Faith & Finance

Key Takeaways: The Federal Budget 2026 primarily benefits workers and the lower middle class by targeting tax reforms over monetary handouts. Major tax reforms target capital gains and negative gearing, aiming to make housing more accessible and affordable. The budget reflects a shift towards providing benefits for earners as opposed to owners, potentially leading to long-term societal gains. Current investors relying on negative gearing and capital gains concessions might find themselves at a disadvantage with the new reforms. Despite mild immediate effects, the budget aspires to address overarching issues like cost of living and housing affordability. Notable Quotes: "This is a budget more for earners than owners." – Pete Burrows "We need to think about what is better for the country and the community." – Pete Burrows "The government's trying not to pour more money out into the economy because that could fuel inflation." – Pete Burrows "We have to look beyond how does this affect me personally." – Pete Burrows "This is the most important and ambitious budget in decades." – Pete Burrows  Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/See omnystudio.com/listener for privacy information.

Anglicare's Rental Affordability Snapshot - National Report Anglicare's Rental Affordability Snapshot - NSW and ACT   About the Guest: Rob Stokes is the Group Executive of Housing at Anglicare Sydney. With a distinguished background as a former Member of Parliament in New South Wales, Rob has transitioned to focus on housing affordability and social welfare. At Anglicare, he oversees initiatives aimed at addressing the housing crisis in Sydney and beyond. His efforts emphasize the importance of governmental policy changes to support housing affordability. Episode Summary: Australia's rental crisis is hitting hard — and the numbers don't lie. Ben McEachen sits down with Rob Stokes, Group Executive of Housing at Anglicare Sydney, to unpack the findings of their 16th Annual Rental Affordability Snapshot. If you're renting, know someone who is, or simply care about where this country is headed, this one's worth your time. Rob puts it plainly: housing collapse leads to social collapse. So what needs to change — and who's responsible? Practical, confronting, and deeply relevant for everyday Australians navigating the real cost of keeping a roof over their heads. Key Takeaways: The 2026 Anglicare Sydney Rental Affordability Snapshot reveals catastrophic levels of rental unaffordability post-pandemic, with availability dropping by 86%. Single individuals on minimum wage have drastically limited affordable housing options, with just three properties across Greater Sydney meeting affordability criteria. Vulnerable populations, such as those on income support or single parents with children, are facing even harsher conditions in the rental market. Rob Stokes advocates for governmental action and progressive tax policies to reallocate funds towards housing solutions. The conversation highlights the importance of community and governmental support to avert a broader social collapse due to unmet housing needs. Notable Quotes: "Statistics provide a very, very bleak picture this year." - Rob Stokes "Once you've got a housing collapse, it's not long before you end up with a broader social collapse." - Rob Stokes "We've gone from housing crisis to housing catastrophe." - Rob Stokes "If taxes on people with multiple homes are going to be changed or increased, then it stands to reason that that tax revenue should go to support people who don't have anywhere to live." - Rob Stokes "This is a problem for everyone, because if people can't find decent housing, everything else starts to fall apart." - Rob Stokes Resources: Anglicare Sydney: Anglicare Sydney's website Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Key Takeaways: Wisdom vs. Wealth: Wisdom can offer more sustainable benefits than wealth, providing a foundation for making sound financial decisions. The Biblical Perspective: Applying biblical principles, such as those found in the Book of Proverbs and the Book of James, can guide financial decision-making. Wisdom in the Workplace: The notion of "wisdom work," especially in the age of AI, emphasizes the importance of human judgment in complementing technological tools. Learning from Experience: Real-life experiences and past financial decisions should form the bedrock for future financial planning and strategies. Intergenerational Wisdom Sharing: Encouraging conversations between different generations can foster wisdom-sharing and improve financial literacy and decision-making for all parties. Notable Quotes: "Most of the value in what we do is coming from the wisdom of knowing which button to press." "We should be seeking wisdom, not the answer." "Wisdom's worth more than we're ever going to earn from our investments." "If you haven't got the bedrock, if you haven't got the wisdom underneath, well, then each decision could be right, could be wrong." "Seeking wisdom and wise people in your life is more valuable than just seeking earnings." Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Key Takeaways: Capital gains tax in Australia was established in 1985 to tax profits made from asset sales, excluding the primary residence. The current 50% discount on CGT, introduced by the Howard government in 1999, was intended to foster investment but has led to disproportionate effects on the housing market. There's ongoing speculation about potential changes to tax policy in the upcoming federal budget, possibly affecting negative gearing and broader investment strategies. Intergenerational inequality is partially linked to capital gains tax policies, affecting the housing market and subsequent financial opportunities for future generations. Tax policies should guide, but not fully dictate, investment behaviors; long-term investment perspectives are encouraged over short-term gains. Notable Quotes: "The effective rate of tax on a capital gain for most individuals for the last 25 years plus has been about 23%." "Investors can probably afford to pay more… The problem is those people that are living in them one day want to buy a house." "Tax laws are not set in stone forever. They do change, governments change, circumstances change." "You're asking someone in the future to pay more for it than today." "If you're not comfortable with that, you need to think about the investment."  Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/See omnystudio.com/listener for privacy information.

Rosie Kendall is the CEO of Hope Economy, formerly known as Christians Against Poverty (CAP) Australia. Originally from the UK, Rosie joined CAP Australia in 2013 after working with its parent organization in the UK. She has over 19 years of experience in financial services and community development, dedicating her career to helping churches support individuals facing financial distress. Under her leadership, Hope Economy focuses on equipping churches with the tools to address financial difficulties within their communities. Key Takeaways: Rebranding for Impact: Hope Economy evolved from Christians Against Poverty to better reflect a positive mission and offer practical help to a broader range of financial struggles. Financial Challenges Awareness: The importance of understanding the changing financial landscape, impacting communities and churches in guiding financial literacy initiatives. Community-Centric Approach: Emphasis on the church’s role in community support, serving as a vital conduit in offering help and fostering financial literacy. Hope and Empowerment: Even small steps like conversation and community connectedness can provide hope and lead to significant financial behavior changes. Simplicity in Resource Access: Anyone interested can become a money mentor, with resources and support from Hope Economy for those willing to help others in financial distress. Notable Quotes: "Going from hopelessness to feeling hope is often the bit that's transformational." — Rosie Kendall "People don't need kind of generic advice. They actually want someone to listen to their unique story." — Rosie Kendall "None of us are immune. We all manage money and come into difficulty." — Rosie Kendall "We're here to have a conversation. I'm here for you." — Rosie Kendall "To have a money conversation is to look at how we're using our money to reflect our discipleship with Jesus." — Rosie Kendall Resources: Hope Economy: HopeEconomy.org.au Christians Against Poverty: capuk.org Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Key Takeaways: Understanding Panic Buying: The episode unpacks panic buying behavior, analyzing its origins in consumer psychology and communal impacts. Psychological Profiles in Purchasing: Leveraging Canadian and Australian studies, Ben and Pete outline consumer types from egalitarians to agentic egoists. The Role of Governments: A thought-provoking discussion on when governmental intervention is necessary to prevent supply shortages further harming communities. Strategizing Future Purchases: Encouragement towards self-rationing and considering our societal impacts during buying decisions, to prevent exacerbating shortages. Influence of Financial Stability: The hosts suggest using financial wisdom and proactive planning as tools to secure stability in volatile markets. Notable Quotes: "It's either not a problem, in which case it's good that I'm not panic buying, or it's going to be a massive problem and the world’s going to end, in which case panic buying wasn't going to help me." – Pete Burrows "We don't all come at our purchasing and hoarding decisions from the same basis. We're influenced by a lot of factors." – Pete Burrows "Is it actual panic buying, though? Or is it someone weighing up a situation?" – Ben McEachen "The change has got to start somewhere. And I even like the idea of self-rationing." – Ben McEachen "Don't waste a crisis. Out of this, we've got to lean into electrification, EVs, and future-proof ourselves." – Pete Burrows Resources: Research Article: "Panic buying during the pandemic" 4 types of Consumers – Published at Canadian Manufacturing by Canadian researchers. Research Article: "Panic buying just makes shortages worse. Why do people do it anyway?" – Published at The Conversation by Jacob and Carina, University of the Sunshine Coast.  Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/See omnystudio.com/listener for privacy information.

Key Takeaways: Young adults should emphasise and make use of the time advantage in their 20s to build both financial literacy and savings through small, consistent steps. Building good financial habits involves setting processes that automatically allocate savings and expenses, reducing the temptation to overspend. Having a buffer in terms of savings is crucial to cover living expenses for at least three to six months in case of unexpected financial difficulties. Family members play a key role in fostering financial literacy through open conversations and guiding sensible financial behaviors. Balancing life experiences with financial responsibilities requires a clear understanding of personal financial goals to justify expenditures and savings alike. Notable Quotes: "You've got time. So the 20s is actually a great time… to save a teensy weensy bit of money, put it aside and maybe invest." - Pete Burrows "Every day is a reset. Every day is a new chance to change the way you think about money." - Pete Burrows "That's an experience, though. When you're old, are you going to remember how much money you got or that you saw Ed Sheeran at the peak of his powers?" - Pete Burrows "Take the emotion out of it because we're always going to decide, 'I want to treat Me.'" - Pete Burrows "Doing Nothing in your 20s is probably the biggest mistake because you're better to try a few things, see what works for you." - Pete Burrows Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Is private health insurance actually worth it in Australia? Ben McEachen and Pete Burrows dig into one of the most common financial headaches Aussies face — weighing up the cost of private cover against what Medicare already provides. They break down the Medicare levy surcharge, what private policies often leave out, and how to figure out if going private makes financial sense for your stage of life. If you've ever stared at a health insurance renewal and wondered whether to cancel, this conversation is for you. Key Takeaways: Private health insurance offers peace of mind but comes with additional costs, which may or may not be justified by the services it provides. Medicare levy surcharge incentivises certain earners to opt for private health coverage by imposing additional tax if they don't. Exclusions on private health policies have significantly increased from 3-4% in 2000 to approximately 65% today, affecting the value of coverage. The decision to choose private health insurance should consider personal financial circumstances, potential future medical needs, and individual comfort levels with risk. Economic practicalities often make self-insurance challenging, particularly with rising health costs linked to an aging population. Notable Quotes: "Do I want that for the peace of mind that it'll bring me?" "It's going to take a piece of your wallet." "On a purely economic level, it's very hard to make private health insurance stack up." "The government puts an extra fee or a loading on you by joining a health fund later in life." "If you choose to be in a fund, you need to understand what it's going to cost you." Resources: ABC News Article on Private Health Insurance The Australia Institute article Ethical Fashion Guide Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

About the Guest(s): Kat Halliday is a vital member of the Ethical Fashion team at Baptist World Aid, an organization dedicated to international aid and development with a strong focus on promoting ethical and sustainable fashion. Through her role, Kat spearheads efforts in creating the Ethical Fashion Guide, which engages with fashion brands to enhance transparency about their environmental and labor practices. Her profound commitment to advocating for ethical fashion has made her an influential voice in addressing the global impact of fast fashion.   Key Takeaways: Impact of Fast Fashion: Understand the massive volume and turnover speed within fast and ultra-fast fashion industries, where companies like Shein produce thousands of styles daily. Ethical Concerns: Most garment workers are not earning a living wage, highlighting the human cost behind clothing prices. Environmental Damage: Fashion is responsible for significant carbon emissions and pollution, notably in places with substantial garment production facilities. Actionable Advice: Reduce consumption, choose second-hand options, and use tools like the Ethical Fashion Guide to make informed decisions. Role of Christians: Encouragement for Christians to lead by example in seeking justice and practicing stewardship through their purchasing decisions. Notable Quotes: "Fashion is really impacting the world, especially with carbon emissions. When a brand releases 2,000 styles a day, it's bound to have environmental downsides." "The decisions that I make in how long I look after my clothes for and what brands I choose to shop with connect me to those hundred people." "Christians throughout history, at our best, have been at the forefront of advocating for justice." "For young families and school children, there's often a really thriving secondhand market." "Start by reducing consumption. Learn to love what you have, and style it in new ways." Resources: Baptist World Aid: Organisation dedicated to international aid and development where Kat Halliday is employed. Ethical Fashion Guide: A key resource for consumers wanting to ensure their fashion purchases are ethical and align with their values. Explore the full episode of "Money, Faith, and Finance" for an in-depth understanding of these issues and practical advice on how to contribute to more ethical fashion consumption. Stay tuned for more insightful discussions on how to align finances with faith and values.Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/See omnystudio.com/listener for privacy information.

Key Points: Budgeting Strategies: Break down your income using frameworks like the 50/30/20 rule to allocate money efficiently for bills, living expenses, and savings. Zero-Based Budgeting: Allocate every dollar of your income each month to optimise your financial planning and ensure all funds are accounted for. Automation and Consistency: Automate your savings and payments to maintain financial discipline and remove emotional stress in decision-making. Incorporate Practical Tips: Simple actions like buying reduced-price grocery items or planning meals can offer significant savings. Index Your Savings: Consider the impact of inflation and increase your savings over time to preserve their value and future purchasing power. Notable Quotes: "Smarter with money can also imply how am I investing my money? Whereas today we're talking a bit more about before it leaves your household, how have you gone with your money?" - Pete Burrows "It's not about how much you make; it's about how much you keep and how you allocate it." - Pete Burrows "You've got to do it based on what the truth is. Here's what I'd like to spend: that's what's really happening." - Pete Burrows "Make a game of it, make it fun, and then invest the rest." - Pete Burrows Resources: Christians Against Poverty: CAP Money Course for additional money management resources and community support. Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Key  Points: Loud Budgeting vs. Quiet Luxury: Discusses the origins and contrasts of 'loud budgeting' and 'quiet luxury,' and how these paradigms influence personal financial conversations and transparency. Cultural Resistance to Money Talk: Explores the traditional reluctance of Australians to discuss finances and how embracing open conversations can lead to healthier financial practices. Financial Savviness Among Millennials: Highlights a generational shift where younger clients are more proactive and innovative in reaching their saving goals compared to previous generations. Parental Financial Communication: Addresses how parents can use 'loud budgeting' as a tool to teach children about financial responsibility and decision-making. Faith and Financial Priorities: Discusses how 'loud budgeting' aligns with Christian values of not serving both God and money, emphasizing the importance of aligning financial decisions with spiritual goals. Notable Quotes: "Loud budgeting… was meant to be much more taking ownership of where you're at on the budget front." - Peter Burrows "You need to spend from your values, not your vices." - Peter Burrows "It's about the banter, not the budgeting; people want the conversation and to be included…" - Peter Burrows “I find the whinger when I think, you're complaining about that, but you've actually got a pretty good life over here.” - Peter Burrows "If one of your values is worship and wanting to give back to God, well, is there money for that in your budget?" - Peter Burrows  Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/See omnystudio.com/listener for privacy information.

Key Points: Understanding product release cycles and market trends can help consumers save significantly on tech purchases. The concept of "planned obsolescence" impacts tech-related spending; consumers need to be aware of software updates and support timelines. Buying pre-owned or refurbished gadgets can be financially wise, provided the right questions are asked to ensure quality and usability. Ethical considerations, such as the environmental impact of tech manufacturing, are important for faith-driven consumers. Creating personal tech purchase strategies, like spaced-out buying cycles, can satiate tech desires while maintaining financial health. Notable Quotes: "My approach with technology is it should be used to extend the ability of what we can do." - Sam Freeland "Know what you appreciate, know what your budget is and shop savvy." - Sam Freeland "Desiring something new and flashy is a problem that a lot of people have." - Sam Freeland "Once it's out in the world, it's entirely up to software." - Sam Freeland "Be slow to act. You can always get a good deal on older stuff. That is still perfectly good." - Sam Freeland Resources: Follow Sam Freeland on the Troubleshooting podcast for more insights into culture and tech.  Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/See omnystudio.com/listener for privacy information.

Key Points: Generosity Redefined: Generosity transcends money; consider giving time, skills, and effort to make a genuine impact. Plan for Generosity: Reflect on free time and personal skills that can be offered to communities and causes, enhancing your giving strategy. Consistent Giving Matters: Even small, regular contributions can build significant support over time, creating a sustainable pattern of generosity. Everyone Can Contribute: Examine your lifestyle and circumstances to identify unique ways to offer help and support. Celebrate Existing Generosity: Acknowledge and cherish the ongoing generous acts within the community to inspire continued sharing. Notable Quotes: "Generosity comes from your attitude, not your circumstances." "True generosity is giving someone else more than what it costs you." "Australia can be remarkably impressive when it comes to our explosion of generosity." "A disposition of generosity should not be limited to financial contributions but be integrated as a core personal value." "Don't be limited by your circumstances in your thinking about being generous; it should come from your heart."  Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/See omnystudio.com/listener for privacy information.

That 50 Free, Fun Ideas? Download it here! Key Points: Exploration of Cost-Free Activities: Discover how opting for free or low-cost activities can still deliver fun and satisfaction amidst budget constraints. Cultural Influences on Spending: Learn about the role cultural practices play in our spending habits and the overlooked opportunities for free social engagement. Community and Relationship Building: See how engaging in community-driven, cost-free activities can significantly enhance personal relationships and build lasting memories. Planning for Free Fun: Understand the necessity of planning and intentionality to incorporate these activities without overburdening one's schedule. Impact of Technology on Social Activities: Explore the juxtaposition of tech-driven entertainment with the rewarding experiences of offline, communal interactions. Notable Quotes: "It's how you spent your time, not your money." - Pete Burrows "The less input it needs in terms of props and things to do, the better, because you can just start and you can do it and you can enjoy it." - Pete Burrows "It's a bit of a cliché to say the best things in life are free, but you think about it, they generally are." - Pete Burrows "Find your thing that you like doing that doesn't cost a lot of money or is free, but brings you joy and hopefully brings joy to other people." - Pete Burrows  Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/See omnystudio.com/listener for privacy information.

Key Takeaways: Embrace intentional spending to achieve a meaningful and budget-conscious Christmas celebration, focusing on experiences rather than material gifts. Inflation and cost of living challenges require strategic financial planning to maintain the joy of the holiday season. Get creative with gift-giving by exploring second-hand markets, homemade items, or shared family activities to save money. Utilize existing resources like recycled gift bags or natural decorations to reduce costs. Remember the essence of Christmas is community and giving, aspects that need not be financially driven. Notable Quotes: "It's not everybody's favourite accountant. I mean, other people have other accountants and I assume they like their accountants, so." "Spend less, spend better or spend less, spend a bit more intentionally." "If you're a bit worried about, have I spent too much? Can I afford this? What's going to be on the credit card in the new year?" "Intentional spending: heartfelt, not landfill." "Remembering Jesus wasn't rich, but Jesus did enjoy and gave hospitality." Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Key Takeaways: Rental Market Dynamics: Prices in capital cities are excessively high, leading to rental stress among Australians; creative strategies are needed to navigate these challenges. Financial Strategies: Look at managing the remaining 70% of your budget after rent rather than focusing solely on the rental costs. Adapting to Change: Consider regional moves to more affordable areas, leveraging remote work opportunities as a feasible solution to high urban rents. Income Optimisation: Improving your professional standing or seeking alternative income streams are crucial in adapting to high rent costs. Faith and Acceptance: Emphasising the importance of acceptance and mindful prayer to manage financial and rental pressures effectively. Notable Quotes: "Rental prices have increased astronomically, especially in high demand areas such as capital cities." "Think outside the box… be more creative about the income side of our equation." "Don't go into a shop if you can't afford to buy the things in the shop… it's got to be the same with rental." "Consider what you're left with and how you manage the costs that happen week to week once the rent is decided." "You've got to increase your employment, look at your job. Are you doing the best you can in terms of your employment?"   Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Have a 'rent crisis' suggestion to make? Send it through to us at this form here Key Takeaways: Rental stress is a critical issue in many Australian cities, with residents spending a significant portion of their income on housing. Suggestions to combat rental unaffordability include supporting the YIMBY movement, promoting zoning reforms, and increasing housing supply. Listener contributions mentioned paying for others' everyday expenses as a form of assistance for those in rental stress. Balancing personal financial health with generosity remains a thematic challenge; the episode invites dialogue on this aspect. Future episodes will explore deeper financial strategies for handling rental costs. Notable Quotes: "Perth is the most unaffordable rental city in the country at 32% of income share." "Can you stick it out? Should you get other loans to help you with this?" "Is it possible or do you park generosity while addressing difficult financial situations?" "Paul's suggestion: forming local housing co-ops with a mission of building housing on purchased land." "If we stopped using Airbnbs…homes would become available for long-term rental." Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Key Takeaways: The podcast is presently on a brief hiatus due to health issues faced by both hosts, with plans to resume regular episodes soon. Hope Media's November Appeal highlights how faith-based generosity directly supports the thriving of such community initiatives. Ben provides biblical perspectives on financial generosity, encouraging listeners to reflect on their motivations and the impact of their giving. He emphasises that every contribution, whether financial or prayerful, holds profound significance in supporting the shared mission of Hope Media and Money, Faith, and Finance. Notable Quotes: "Working with a place that relies on the giving of others, that's a great exercise in trusting God." "Being able to share the story... the comments that come through about how God has worked in people's lives and Hope's been a part of that, it's awesome." "Really humbling and quite uplifting to know that so, so so many people over a long period of time have decided to give what God has given to them." Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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. Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Key Takeaways: Joy Mantra: Applying the principle of J-O-Y (Jesus, Others, Yourself) might provide a balanced approach to budgeting and financial generosity, aligning spending with core values. Spiritual Perspectives: The concept of balancing a ledger with God through good deeds is challenged with insights from scriptural teachings emphasizing grace and mercy. Guilt vs. Grace: Discern between giving driven by guilt and generosity inspired by grace, understanding that God provides for us to excel in His work. Practical Financial Stewardship: Embrace a realistic view of life circumstances when making financial decisions, recognizing the influence of fear and guilt in monetary choices. Community Engagement: Engage in conversations on how spirituality influences financial decisions, contributing personal experiences and reflections on faith-driven financial practices. Notable Quotes: "Is it possible that you think you can somehow pay God off or buy back the bad, which, personally, I don't think is possible?" - Ben McEachen "We can't just square it all out. You've got to have a strategy that works, that's sustainable for you." - Pete Burrows "Jesus paid it all to him I owe, but not as a debt that you've got to pay off for the rest of your life." - Ben McEachen "We need to seek God's will for our heart and life, not just give X amount per week because that is not prescriptive." - Pete Burrows Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Key Takeaways: Faith and finance can effectively intermingle, offering a holistic approach to handling money by incorporating biblical principles. Generosity should not be limited to a strict percentage; instead, it is about giving with a joyful heart based on one's capacity. It is prudent for young earners to establish a saving habit, ensuring long-term financial health while also responsibly enjoying their earnings. Understanding and participating in superannuation is crucial for securing future financial stability and retirement readiness. Investments, including those in the stock market, are not inherently unbiblical, but one must ensure comfort with the level of risk involved. Notable Quotes: "We talk about money and how it intersects with your life... we are practical, we're profound, we're down to earth, we're crazy." - Pete Burrows "Even if you don't like money or don't think you're good at money, we've all got to have an attitude towards it." - Pete Burrows "I do believe not so much giving till it hurts, but giving till you notice it." - Pete Burrows "It's gotta be not about what percentage I give, but having an attitude where I'm generous." - Ben McEachen "The best thing about super is while you're working, you're having money put away for you that you can't stuff around with until you retire." - Pete Burrows Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Key Takeaways: Shrinkflation Defined: Products reduce in size or quantity, but prices remain unchanged, leading to effectively higher costs per unit. Skimflation Insight: Some products may have reduced quality or fewer ingredients, offering less value for the same price. Consumer Response: Use unit pricing for more informed purchasing decisions and consider paring back on non-essential items. Financial Wisdom: Evaluate product necessity and embrace contentment as part of smart financial stewardship. Brand Loyalty’s Cost: Recognizing the potential financial impact of sticking to familiar brands without considering alternatives. Notable Quotes: "I think we've got a little bit of nostalgia, but I do think packaging is generally a little bit smaller these days." "Inflation is not necessarily a bad thing. The cost of things go up, people's wages go up." "The company didn’t promise you that that block of family-sized chocolate was always going to be 250 grams." - Pete Burrows "It sounds like these really caring companies out there are trying to encourage me to do that." - Ben McEachen "Smaller isn't cheaper really. That's probably what we're going to get." - Pete Burrows Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Win a copy of the book by Gemma Mitchell here: Hope1032's Win Page Head to the previous episode in this pod to have a listen to Gemma share wisdom from the book.  If you want to purchase a copy for you and your family (GREAT CHRISTMAS GIFT, just sayin') head to Amazon Australia here!  Hurry competition closes 5th November 2025!!Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/See omnystudio.com/listener for privacy information.

Gemma Mitchell is a seasoned financial advisor and the author of The Money Reset. With over 15 years of experience in the financial industry, Gemma has transitioned from traditional financial advising to managing a team of advisors while focusing on large-scale educational initiatives. These include corporate workshops, podcasts, and writing. Her mission is to make financial advice more accessible and to help individuals in difficult life transitions take control of their financial future. Gemma is also a co-host of the Australian Finance Podcast, where she shares insights into financial management and planning. Key Takeaways: Personalized Financial Strategies: Gemma emphasizes the importance of tailoring financial plans to individual circumstances rather than relying on one-size-fits-all solutions. The Power of Awareness: Knowing your starting line and acknowledging financial realities are crucial steps toward effective money management and making informed decisions. Emotional Aspects of Finance: Understanding and balancing the emotional aspects of financial decision-making can prevent overwhelm and encourage sound decisions. The Importance of a Village: Surrounding yourself with a supportive network of advisors, mentors, and cheerleaders—the 'village'—is key to financial resilience. Income Potential vs. Expense Cutting: Recognizing both the need to manage expenses and the potential to increase income can help stabilize finances during crises. Notable Quotes: "Just because you can do something, it doesn't mean you should." - Gemma Mitchell "It's not about being perfect; it's just about making progress." - Gemma Mitchell "You have to decide that you want things to change, so you're not stuck." - Gemma Mitchell "Awareness is the most important thing, and you don't have to change everything overnight." - Gemma Mitchell "Your village doesn't need to be big, it needs to be strong." - Gemma Mitchell Resources: Gemma Mitchell’s Book: "The Money Reset" Australian Finance Podcast: Co-hosted by Gemma Mitchell Money, Faith, and Finance Podcast: YouTube Channel Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Key Takeaways: Understanding Superannuation Basics: Learn about superannuation contributions, checking statements, and the various investment options available within Australia's retirement savings scheme. Effective Financial Planning: Balancing between contributing to super and paying off a mortgage, gain clarity on managing fees and options, reinforcing the importance of consolidating accounts to save on unnecessary costs. Yearly Checkup: Pete emphasizes the significance of annual financial check-ins to manage and maximize one’s superannuation benefits thoughtfully and responsibly. Notable Quotes: "Superannuation is basically just money for your retirement." "If you haven’t checked your super statement, now is the time to verify your contributions and ensure your financial foundation is solid." "Explore the potential of salary sacrifice; it’s about more than just paying yourself in the future." "Think prudently and steward your money carefully; it’s about more than technical finance, it’s about planning for every season of life." "Don’t jump out of your super fund just because of a bad year; consider the broader, long-term trajectory before making decisions." Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Key Takeaways: Greed can often be disguised as ambition, and being aware of this is essential for maintaining financial and spiritual balance. Participating in a self-assessment regarding greed can help clarify one's relationship with money and possessions. Biblical references show a consistent message against greed, highlighting the importance of contentment and generosity. Spiritualizing financial decisions without seeking divine guidance can lead to justifying greed. Practicing generosity and seeking God's guidance in financial decisions are key components in overcoming the pitfalls of greed. Notable Quotes: "Greed is probably wanting more and pursuing more at a really selfish, intense kind of way than what we need or deserve." - Pete Burrows "If you're living in the light of Jesus, be free from the love of money, for God has said, 'I will never leave you or forsake you.'" - Ben McEachen "I always think, my wife always says to me, you've got to hold things lightly." - Pete Burrows "Watch out, be on guard against all greed. Because one's life is not in the abundance of his possessions." - From the Bible, Luke Chapter 12 "Does it benefit you if you've got all those possessions in the world, but there's nothing in your heart?" - Pete Burrows Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Key Takeaways: Separate Finances: It's crucial for tradies to distinguish between personal and business finances to maintain clarity and manage liabilities effectively. Do Your Admin: Staying on top of paperwork and administrative tasks can save a lot of stress and potential legal complications down the road. Know Your Worth: Tradies should confidently set fair prices that reflect their skills, experience, and the true cost of operating a business. Building a Team: Having a supportive network, including professionals like accountants and mentors, is invaluable for self-employed individuals. Christian Ethics in Trades: Practicing integrity and valuing customer relationships is emphasized, highlighting how faith can influence professional conduct. Notable Quotes: "What is not boring is making money and staying out of jail." "Don't be afraid to charge what you're worth." "We need to reflect all the costs and recognize the value we provide." "I think we're called to a higher standard." Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

So, Ben forgot to get Pete to stay around in the studio to let you know that... SEASON 9 drops on Wednesday, October 1, 2025. Huge, right?!?!?!?! Can't wait for you to hear what is in store, and Ben gives you a sneak peak. What do Tradie Tips, Ultimate Super answers, and a test for greed have in common? Find out.  Got a question for the Money Team? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

In August, the RBA cut interest rates by 0.25 percentage points to 3.6 per cent. While interest rates may have dipped, mortgage stress and housing affordability remain front-page issues in 2025.Oldie But a Goldie - Dive into this episode from Season 3 to unpack what rate changes always mean for your home loan and budget. At the time of first recording, the Reserve Bank of Australia was in all sorts of scrutiny. Pete was able to map out where we are at in the history of interest rates. Ben wondered if Australia has any other weapons for fighting inflation. What debt should you try to get on top of first? Pete provides strategies for you to immediately tackle the costs of borrowed money. Got a question for the Money Team? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Ben chimes in to thank different members of the Facebook Group!  Specal shoutout to Shane, Stephen and Will - thankyou for adding value in the FB group!  Please send us suggestions / questions / topics for SEASON NINE!   Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/See omnystudio.com/listener for privacy information.

Key Takeaways: Hidden costs are prevalent across various transactions but can often be minimised by thoroughly reviewing terms and engaging in informed decision-making. The RBA's reviewed stance on credit card surcharges could significantly impact consumer savings in Australia, potentially changing how payments are processed. Financial literacy involves more than understanding visible expenses; it's crucial to delve into the fine print to uncover potential hidden fees. Real-world examples, such as fees associated with property transactions or subscriptions, highlight the necessity of awareness around potential 'break fees.' Biblical principles, like honesty and foresight, provide valuable ethical guidelines on managing financial transactions and understanding costs involved in purchases. Notable Quotes: "There's a hidden charge just to spend money." - Pete Burrows "We read the quote, but we pay on the bill." - Pete Burrows "Understand, nothing is really free. It's just a question of who's paying the cost." - Pete Burrows "Future you will thank you though. Like you need to do the work, we need to look for the savings." - Pete Burrows "We want the thing, but we don't understand everything beforehand." - Pete Burrows Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Key Takeaways: Faith vs. Finance: The episode explores the potential conflict between staying true to one's faith and the financial temptations that professional contracts might present. Navigating Workplace Ethics: It highlights the subtle and explicit ways in which employment can impact or challenge personal beliefs and values. Professional Athletes and Faith: Neymar’s contract scenario underscores how high-profile individuals navigate faith publicly and what ethical dilemmas may arise. Faith Expression in Jobs: Listeners are prompted to reflect on the personal and professional boundaries they encounter in their own workplaces. Community Insights: A call is made for listeners to share their experiences in the Money, Faith and Finance Facebook group, promoting a collaborative dialogue. Notable Quotes: "I'd like to think I couldn't be bought and I couldn't be sold." - Pete Burrows "What is the difference between propaganda and just living out your faith or stating your faith?" - Pete Burrows "Boxing is great, but God cleans my soul." - Ben McEachen, quoting Oleksandr Usyk (click on link) "Have you prioritised the money over, living out your Christian faith?" - Ben McEachen "Am I being challenged in my faith and what's my response to that challenge?" - Pete Burrows   Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Love to hear your thoughts, views, comments or concerns about our latest topic - What lessons you have taught your kids about money. What did your folks teach you? What lessons have you learned from others? What questions do you have? What works? What has not worked? Comment in Spotify, drop us a text or join the Money Faith & Finance group on Facebook here: https://www.facebook.com/share/g/1AyqE24m52/ Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Should you burden your maturing youngin' on how you make your money work for your household? Should you spell it out for them, so they understand how the adults in the household have sacrificed for their wellbeing as well as the comforts in life which they enjoy? Or should you let them enjoy life, and live a carefree unencumbered life because after all, they've got a whole lotta years of adulting to enjoy?  Key Takeaways: It's crucial for children to learn about money early on, including budgeting, saving, and investing. Transitioning from cash to digital transactions presents challenges in teaching kids about the value of money. Encouraging children to work part-time can provide valuable financial skills and experiences. Understanding new financial tools such as Afterpay and digital banking is essential for today's youth. Engaging in open, non-judgmental conversations about finances can help mitigate money-related mistakes. Notable Quotes: "One out of one people in the world need to understand and deal with money." — Pete Burrows "The earlier you can start [financial education], the better." — Pete Burrows "It's a good idea to set up bank accounts for kids to teach them about saving and spending." — Pete Burrows "Mistakes are your best resource because you can learn from them." — Pete Burrows "You want to keep open conversations… lean into [money] learning opportunities." — Pete Burrows   Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Ben and Pete discuss effective ways to save for retirement. They discuss the importance of superannuation, the potential and pitfalls of property investment, and the simplicity of ETFs. They also cover the security of term deposits and the passion behind side hustles. Pete shares strategies for both young and seasoned investors. Whether you're planning for retirement or adapting to financial shifts, this episode offers valuable guidance on securing your financial future. Key Takeaways: Superannuation remains a critical yet often misunderstood element of retirement planning, with opportunities for voluntary contributions and strategic fund selection. Property investment offers traditional value but comes with hefty transaction costs and market volatility considerations, demanding careful timing and planning. Exchange-Traded Funds (ETFs) provide accessible options for diversification in investment portfolios, appealing especially to younger investors with limited capital. Term deposits present a conservative, low-risk savings method, ideal for preserving funds against inflation although lacking growth potential. Side hustles can be rewarding hobbies or potential new career pathways, but require realistic expectations about their financial contribution to retirement plans. Notable Quotes: "It's not the quantity of things in your life, it's the quality of things in your life that is important." – Pete Burrows on retirement focus. "Our financial setup now is our reality. You have to start from there." – Pete Burrows on assessing current financial resources. "People are very busy, you know, busy lives. I'm looking for achievable next steps." – Pete Burrows on investing in ETFs. "You learn the most from your mistakes." – Pete Burrows on financial learning and experience. "We can't take it with us. I haven't seen a client yet that's been able to tuck their money into their coffin." – Pete Burrows on the importance of quality versus quantity in life.   Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Join Ben and Pete as they unpack the role of contentment in financial well-being. Drawing on biblical wisdom from Philippians and Timothy, they explore how mindset shapes money habits. From embracing simple joys to budgeting well on a modest income, this chat shows how true contentment can reduce spending and increase gratitude. Key Takeaways: Contentment as a Choice: Contentment involves shifting focus from accumulating more to appreciating what you already possess. Financial Mindfulness: Establishing a budget and regularly reviewing it can help identify areas of financial dissatisfaction and guide towards contentment. Value Experiences Over Possessions: Emphasize enjoying experiences rather than acquiring material goods to foster financial well-being. Scriptural Guidance: Biblical passages, such as those found in Philippians 4 and 1 Timothy 6, offer timeless insights on achieving contentment. Generosity and Stewardship: Being a good steward of your resources includes the willingness to give and lose money gracefully, which cultivates contentment. Notable Quotes: "If you're not content, you're always going to want more." – Pete Burrows "Part of contentment is going, this money isn't mine, I'm a steward of it." – Pete Burrows "People don't enjoy money; they enjoy moments." – Pete Burrows "We have a television that…I like the fact that we're happy with that situation because…it saves us money." – Ben McEachen "Being content isn't about your contents; it's more about the vibe of having enough." – Pete Burrows   Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Ben and Pete explore the true costs of owning a car, from financing and depreciation to fuel, maintenance, and tax. They compare buying new versus used and unpack Aussie car trends, road safety, and environmental impacts. Pete also reflects on financial contentment and how our choices shape our lives.  Key Takeaways: Consider comprehensive costs of car ownership, from purchase to maintenance and eventual resale or trade-in value. Weigh the benefits of new versus used cars, especially in light of recent economic changes affecting vehicle markets. Analyze personal needs versus wants when determining the necessity of a first or second car. Explore alternative transportation methods and consider them in the broader context of personal finance strategies. Contentment and financial peace are key in making thoughtful decisions that align with personal values and current financial capabilities. Notable Quotes: “The cost of owning a car is not just about the purchase price; it includes registration, insurance, fuel, repairs, and depreciation.” - Pete Burrows “We had the finances available to buy the car without taking a loan, which made the new car option more appealing.” - Ben McEachen “You can't forget the full cost of ownership of a car. It's not just the running costs; it's what you're going to lose when you trade it in or sell it.” - Pete Burrows “Many people overlook the financing and opportunity cost of what they could have done with the money spent on a car.” - Pete Burrows “In Australia, we are still a relatively car-obsessed country, often overlooking our beliefs and values when it comes to purchasing vehicles.” - Ben McEachen   Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Will Ben be convinced by the building metaphor that Pete is workshopping? See what you make of constructing your finances one block at a time. Consider the consequences for greed and legacy when you stack up "savings bricks". Key Takeaways: Savings Bricks Concept: Visualising savings goals as "bricks" to build a wealth wall can help break down daunting financial objectives into smaller, more manageable pieces. Building Habits: Establishing regular savings habits is essential, even if contributions are small. Consistency over time can lead to significant financial achievements. Diverse Strategies: Savings can include various approaches – from reducing debt, to investing in shares – to support overall financial health. Avoiding Greed: Maintaining a balanced view of finances ensures that the goal of wealth-building doesn't overshadow other life priorities and values. Financial Legacy: A legacy isn't built overnight but through the accumulation of strategic financial decisions and savings over a lifetime. Notable Quotes: "Think of your wealth as a wall that's built with bricks, with each brick contributing to your financial goal." "Smaller targets are more motivating and more realistic sometimes, building momentum towards larger goals." "The danger is if it's too much of your focus, it starts overshadowing other important aspects of your life." "A legacy doesn't start the day you leave it. It's built over a longer period of time with habits and discipline." "It's better to give to your kids with a warm hand than a cold hand." Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Joni asked Pete and Ben to get stuck into the family affair of working out if your kids with jobs need to stump up. So they did, diving deeper than their kneejerk response of "YES". Growing up with the expectation of paying board, Pete and Ben acknowledge the changed landscape of home ownership and accessibility. But the life lesson of paying board remains, as well as the opportunity to live out biblical principles of respect. Key Takeaways: Financial Responsibility: Charging board teaches young adults to manage finances and prepares them for independent living. Family Dynamics: Open communication about finances and responsibilities can reduce tension and foster understanding among family members. Economic Landscape: Rising costs of living and rental rates contribute to adult children staying home longer. Adapting Traditions: Modern families may need to adjust traditional approaches to rent and board, weighing financial necessity against educational opportunity. Value-Based Discussions: Families can leverage biblical principles, such as honouring parents, to guide discussions about board. Notable Quotes: "Shouldn't they, in a sense, contribute to the cost of the house? And I think the answer is yes." – Pete Burrows "In adulthood, spoiler alert, you're going to cop 100% of the cost of living." – Pete Burrows "We're trying to prepare you for adulthood. And in adulthood…you need to pay a percentage of those costs." – Pete Burrows "Is it more about while you're here, we're trying to teach you a lesson?" – Ben McEachen   Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Key Takeaways: Micro-giving Explained: The concept involves making small, yet frequent, charitable donations that collectively make a significant impact. Balance Giving Priorities: We are encouraged to assess whether to direct funds to our churches or to immediate relief efforts, reflecting broader spiritual and community priorities. Create a Giving Portfolio: Similar to investment diversification, this strategy helps allocate donations across numerous causes to maximize impact. Practicality Over Size: Intention behind any contribution is more important than the donation amount, as small, consistent gifts can culminate in substantial aid. Spiritual and Social Impact: Micro-giving is a method to engage more deeply with faith-driven generosity while addressing pressing societal challenges. Notable Quotes: "You know, we allocate costs for our living. Why can't we allocate costs for our giving?" – Pete Burrows. "Micro-giving could be a way of thinking; if a lot of people gave a little bit, that's better than less people giving a lot." – Pete Burrows. "There are charities, people less fortunate than us, that need our help and they need our money." – Pete Burrows. Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Season 8! And you thought Season 7 was the top of the mountain. Get ready to level-up with your favourite account Pete Burrows and his sidekick Ben, as they continue to help our finances from a faith-filled perspective. Just in time for Tax Returns 2025, Pete gets stuck into what we need to know this year, how to work out what to claim, and why no-one should be "lax with tax". Key Takeaways: Avoid filing taxes too early before receiving finalised financial documents. Understand what is tax-deductible and what isn’t; use resources or consult an accountant to clarify doubts. Be aware of proposed changes to superannuation tax policies and how they might affect balances over $3 million. Consider the implications of potential HECS reductions and plan accordingly. Engage thoughtfully with your financial decisions, whether it be tax, savings, or tithing, ensuring they align with your broader spiritual and personal goals. Notable Quotes: "Don't be lax with your tax." – Pete Burrows "Tax happens every year; it's refreshingly familiar, like Christmas." – Pete Burrows "If the information is incorrect, you might need to lodge an amendment later." – Pete Burrows "Most people can always find something they've spent for their job." – Pete Burrows "Think of tax as the price we pay for the society that we want." – Pete Burrows Resources: https://www.ato.gov.au/individuals-and-families/income-deductions-offsets-and-records/deductions-you-can-claim/occupation-and-industry-specific-guides Got a question, comment or personal story to share? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Thanks for being part of the Money: Faith & Finance movement. Next season we're diving into these topics:  Exploring Legacy, Financial Sacrifice, and Community SupportTax Time Tips and Changes in AustraliaShould Adult Children Pay Board While Living at Home??Exploring Car Costs and Environmental Impact Got a question for the Money Men? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Overtime. We all do it. Many of us don't get paid extra for it.So, should you do any? What about the RIGHT TO DISCONNECT?? What are reasonable expectations for salary employees, wage workers, and business owners? Pete and Ben consider this prickly aspect of earning as living costs rise. Got a question for the Money Men? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

Key Takeaways: Cozy Fizz Explained: Or how the rising cost of living impacts luxury items and discretionary spending. Wants vs Needs: Working out what is essential. Economic Pressures: Small businesses, particularly in niche markets, must consider the particular sting of inflation and other financial factors. Strategic Spending: Tips for managing finances by balancing quality purchases with affordability and necessity. Notable Quotes: "The more money you spend on vanity, the less money you've got to spend on humanity." - Pete Burrows "It doesn’t cost that much more to make a fancy handbag. It’s just the name on it." - Pete Burrows "Everybody wants to get something that’s a bit different, a bit unusual, and that comes out in people’s drinking tastes." - 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.

Before we get to Season 8, here's an oldie but a goodie from Season 3. In case you missed it... A lot of us don't like to talk about money and church. But that's not Ben and Pete. They dive headlong into the biblical (yet divisive) universe of giving to your local church. The angle they take is not what you expect. The offerings they bring, though, are right up your alley because Ben and Pete discuss how you can give AND why.Share this with your church family to help you wrestle with the methods and motivations for financially supporting your church. Got a question for the Money Team? Send it through at hopepodcasts.com.au. Ben and Pete will get stuck into it on 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.

About Our Guests: The Bottle Kids - Colette, along with her children Romario, Valentina, Giovanni, and Isabella, share their inspiring journey of entrepreneurship and philanthropy. The family has gained recognition for their innovative approach to recycling through the Return and Earn scheme, which has been lauded by Keep Australia Beautiful, The Sunday Telegraph, and their local community. See them channel their inner Barefoot Investor as they explain what they did together to be able to save, spend and give! Key Takeaways: Everyone, and we mean EVERYONE, can give back from the portion that they have. The pride in a parent’s heart, seeing their children succeed at any stage of life, is good for the soul of the parent (and the kids!). Raise your kids to be confident with money. Celebrate the small and big things in life. Notable Quotes: "It actually just feels so good to be able to do something with that gratitude." — Colette "Because like, we've taken all the bottles." — Giovanni "Once we get a lot of money to donate, we all pick a place to donate it to." — Romario "You'll never know what you're capable of until you try." — Colette 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.

Did you see this? The Australian Financial Review presented an attention-grabbing overview of the struggle between spending on a wedding and spending on a house deposit. Pete and Ben take this stark contrast in financial priorities and discuss what should we do when major events and moments compete. Beyond the wedding/house deposit scenario, are we also considering the value of what the wedding is all about – the marriage being entered into?  Key Takeaways: Aim to spend within your means on a wedding, avoiding loans whenever possible, to ensure financial stability. Wedding expenses can divert funds from other major investments such as home deposits. Managing your own competing aspirations requires balance and planning. While wedding costs will rise, alternatives such as simpler ceremonies and weekday weddings offer budget-friendly options. Investing in marriage and relationships is as crucial as investing in property, encouraging thoughtful prioritisation. Notable Quotes: "I think you've got to spend what you're comfortable with." – Pete Burrows "Life is compromises. If two things seem expensive… maybe the wedding will seem like the thing that has to go by the wayside." – Pete Burrows "Invest in your marriage first and invest in other stuff after that." – Ben McEachen "There's nothing wrong with being upfront about what everybody can contribute to [the wedding]." – Pete Burrows READ MORE: "Couples are dumping their wedding plans to buy this instead" by Lucy Dean, The Australian Financial Review 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.

Join the Money: Faith & Finance Youtube Page! Key Takeaways: Reconsider the significance of Easter in your financial planning, much like how you budget for Christmas. Explore ways to celebrate Easter meaningfully with lunches or dinners, involving family and friends. Consider alternatives to Easter spending, like creating your own decorations or planning holidays well in advance to save money. Reflect on Easter as a time to relax and unite with family, focusing on the significance of Jesus rather than just the commercial aspect. Engage with community and bring others into traditional celebrations, especially those who might be alone at Easter. Notable Quotes: "It's not about the flavour, it's about the saviour." "I reckon it should be less about the bunny, more about the money." "Show me the heart. It's relax and reflect, not just spend money." "Easter is the new Christmas. That's what I'm hearing." "We [can] love what it represents about what Jesus did for us on the cross." 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.

MEET OUR GUEST: Roger Montgomery has more than three decades of experience in funds management, equities analysis, trading, and stockbroking. He is the founder of Montgomery Investment Management, a boutique Australian investment firm catering to individuals, families, and their advisors. Roger is also the author of "Value.Able," a guidebook for the stock market aimed at successful investing for the next generation. Beyond his professional endeavors, Roger regularly appears on ABC Radio, ABC TV, The Australian and AusBiz. Key Takeaways: Alternative investments, like private credit, can provide attractive returns with manageable risks when thoroughly researched. Understanding your risk tolerance and diversifying investments can lead to financial growth while minimising stress. Private credit is emerging as a new asset class that could complement traditional investments in providing consistent income, especially for retirees. Informed decision-making, aided by expert guidance and due diligence, is crucial in navigating the realm of alternative investments. Notable Quotes: "I do believe that our conscience is God's voice and that will ultimately determine the choices that you make." - Roger Montgomery "Not to be scared. Seek advice if you don't know enough or do a lot of due diligence." - Roger Montgomery Resources: More about Roger Montgomery: rogermontgomery.com Montgomery Investment Management: montinvest.com Roger's book: Value.Able (A guide for stock market investment)   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.

Want quick, relevant advice for every stage of your life? Fantastic. You've come to the right place, as Ben and Pete ask seasoned finance expert Roger Montgomery to share his top tips for success. Broken down into different ages, Roger's No. 1 suggestions is a rapid-fire list you can instantly act upon. PLUS: Roger reveals how Jesus specifically shapes the core of his approach to money. MEET OUR GUEST: Roger Montgomery has more than three decades of experience in funds management, equities analysis, trading, and stockbroking. He is the founder of Montgomery Investment Management, a boutique Australian investment firm catering to individuals, families, and their advisors. Roger is also the author of "Value.Able," a guidebook for the stock market aimed at successful investing for the next generation. Beyond his professional endeavors, Roger regularly appears on ABC Radio, ABC TV, The Australian and AusBiz. Key Takeaways: Roger Montgomery shares life-stage-specific financial advice, emphasising a balanced approach to risk and reward, especially when young. Roger strongly believes successful investment is about treating stocks as parts of businesses, not as "gambling" entities. The Parable of the Talents inspires Roger’s professional approach, underlining stewardship and ethical responsibility in wealth management. Roger encourages Christians in finance to be open about their faith, asserting many in the industry share similar values. Notable Quotes: "My job is to read very specific things… to understand what [they] mean in terms of what the value of the business [is] doing." "Don't play it too safe when you're in your 20s; have a go." "You're still going to need growth. You're still going to need to invest in things that are going to go up in value." "The moment I think I became a Christian… I just thought, that's a community that I want to be a part of. That's very different to the world I live in." "The assumption is that people who work in finance aren't Christians [but] there's a huge number of Christian people in my industry." Resources: More about Roger Montgomery: rogermontgomery.com Montgomery Investment Management: montinvest.com Roger's book: Value.Able (A guide for stock market investment)   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.

Hope Breakfast co-host Danniebelle Whippy returns to the podcast to discuss her own experience of many generations living under the one roof. Danniebelle gets personal about how her family shares costs, plans and financial strains. With housing affordability being an ongoing issue in Australia, Danniebelle presents the best and not-so-best of households which open their doors to more family members (or friends). 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.