In this episode… In today’s show, discuss the different taxes we face on our financial journeys. We chat about taxes on our income and investments, different options for reducing tax, including deductions and negative gearing. We also break down examples of what taxes look like when you’re living off a portfolio.   Listen to the show… https://strongmoneyaustralia.com/wp-content/uploads/2022/04/49-how-to-deal-with-taxes.mp3 (or download the mp3 file here)   Discussion points… Intro chat  (01:10) Employment taxes  (03:26) Salary sacrificing and salary packaging  (07:45 ..read more

In this episode… In the latest podcast, we discuss the huge overlaps between Minimalism and the pursuit of financial independence. We talk about the benefits of Minimalism, the possible drawbacks, and how to put these lessons into practice in our everyday lives.   Listen to the show… https://strongmoneyaustralia.com/wp-content/uploads/2022/03/48-minimalism-and-financial-independence.mp3 (or download the mp3 file here)   Discussion points… Intro chat  (01:10) What is minimalism all about?  (03:32) Examples of minimalism in practice  (09:38) The benefits of minimalism&n ..read more

In this episode… This week we tackle a bunch of great questions sent in by listeners. We discuss starting a business, index prices, super, market crashes + more. See the notes below for the timestamps if you want to jump straight to a certain question.  Hope you enjoy!   Listen to the show… https://strongmoneyaustralia.com/wp-content/uploads/2022/02/46-fire-away-listener-questions-roundup-6.mp3 (or download the mp3 file here)   Discussion points… Intro chat  (01:04) Can index funds drop even if shares rise?  (05:16) Should I keep investing or start a business?  ..read more

In this episode… We tackle a topic that has received countless media coverage over recent years. In one way or another, most commentary implies that the future is bleak, and young people are screwed since there are so many factors working against us. In fact, most casual observers would agree with this statement without even questioning it.  But is this true?  We unpack the arguments today and share our thoughts.   Listen to the show… https://strongmoneyaustralia.com/wp-content/uploads/2022/02/45-are-young-people-screwed.mp3 (or download the mp3 file here)   Discussion poi ..read more

In this episode… In our first podcast for 2022, we want to talk about some personal habits and traits that we think are really important in building a happy and prosperous future. These things not only help us reach our goals, but keep our lives balanced and healthy too!  Hope you enjoy the chat.   Listen to the show… https://strongmoneyaustralia.com/wp-content/uploads/2022/01/43-personal-habits-for-wealth-and-happiness-1.mp3 (or download the mp3 file here)   Discussion points… Quick catchup  (1:18) Be action oriented  (4:30) Gratitude and perspective  (12:06) K ..read more

In this episode… We break down each of the main insurances and share our thoughts on whether they’re worth having. We also discuss strategies for optimising the cost of insurance, other ways to protect yourself, and tailoring your insurance needs to your own specific situation.   Listen to the show… https://strongmoneyaustralia.com/wp-content/uploads/2021/12/42-is-insurance-worth-it.mp3 (or download the mp3 file here)   Discussion points… The truth about insurance  (03:34) Home insurance  (09:26) Contents insurance  (13:06) Car insurance  (18:55) Health insuranc ..read more

In this episode… This week is a Q&A show where we answer questions sent in by listeners. A really nice variety of talking points with something for people at every stage of the FI journey.  Hope you enjoy!   Listen to the show… https://strongmoneyaustralia.com/wp-content/uploads/2021/11/41-fire-away-listener-questions-roundup-5.mp3 (or download the mp3 file here)   Discussion points… Would you still invest aggressively inside super past age 40?  (05:42) What podcasts do Pat and Dave like listening to?  (16:37) What do you think of the changes to Vanguard Personal ..read more

In this episode… We discuss the idea of using a ‘robo-advisor platforms like Six Park and Stockspot to handle our investments. We explain how they work,  their investment strategies and fees, the pros and cons of using a robo-advisor compared to investing by yourself, and much more.   Listen to the show… https://strongmoneyaustralia.com/wp-content/uploads/2021/11/40-robo-advisors-six-park-stockspot.mp3 (or download the mp3 file here)   Discussion points… Introduction  (01:12) What is a robo-advisor and how do they work?  (05:22) Portfolio options and Six Park/Stocksp ..read more

In this episode, we discuss the crackdown on financial content by the regulator ASIC. We share our thoughts on these issues and how it affects what bloggers and podcasters are able to say to their audience.  The restrictions are so frustrating that we have decided to end the show. We've both enjoyed making FIRE & Chill over the last two years and we truly hope you've gotten value from the content.  Thanks so much for your support and understanding. More info... ASIC  Guidelines Information Sheet Money Magazine's Summary of the Changes Senator Jane Hume Contact Page Dave ..read more

In this episode, we talk about the different taxes we face on our financial journeys.  We discuss taxes on our income and investments, different options for reducing tax, including tax deductions and negative gearing.  We also break down examples of what taxes look like when you're living off a portfolio. Discussion points... Intro chat  (01:10) Employment taxes  (03:26) Salary sacrificing and salary packaging  (07:45) Capital gains and dividend taxes  (16:19) Reducing tax on investments  (28:15) Negative gearing and debt recycling  (39:47) Taxes in ..read more