This episode of the How To Money Podcast covers what the Reserve Bank of Australia (RBA) actually does, the RBA cash rate, inflation and what the recent reduction in the cash rate means for us. The Reserve Banks job is to achieve price stability, full employment, and the economic prosperity and welfare of the Australian people. The RBA does this by using an inflation target to help keep inflation between 2–3%, on average, using the cash rate. The Reserve Bank Board meets eleven times a year, on the first Tuesday of the month, to decide what the cash rate should be. The cash rate has a strong ..read more

In this episode, Kate had the pleasure of chatting with Julia Lee, Equities Strategist from Bell Direct. We spoke about setting goals for the new financial year, things to look out for and reminding ourselves to use our tax return for good (it’s not free money)! Julia also talks about a few stocks climbing the market at the moment, and where to invest outside of your bank account. Show Notes: howtomoney.online/how-to-money-podcast HTM Website: howtomoney.online HTM Twitter: @HowToMoneyAUS HTM Instagram: @HowToMoneyAUS Please send any questions, feedback or episode suggestions through to u ..read more

In this episode of the How To Money Podcast Kate spoke to Dr Daniel Crosby, who is a psychologist and behavioural finance expert from the States. Kate and Daniel chat about the emotions impacting our financial decisions, mitigating our behavioural biases when we're investing and automating our finances. Side note - Kate discovered post recording that our Australian Superannuation assets totalled $2.8 trillion at the end of the March 2019 (as reported by the ASFA)! This episode was kindly supported by Etax Accountants, Australia’s favourite online tax agent. Head to www.etax.com.au today to fi ..read more

In this episode of the How To Money Podcast, Kate spoke to Nathan from Wildcard, an app that gives you a portion of your pay every day, so you’ve always got money to spend. Kate and Nathan discuss saving and budgeting tips for young Aussies, the reverse budget (Wildcard method) and building good financial habits. This episode was kindly supported by Etax Accountants, Australia’s number one online tax agent. Head to www.etax.com.au today to finish your tax return online in minutes. Show Notes: howtomoney.online/how-to-money-podcast Wildcard: www.wildcard.money HTM Website: howtomoney.online ..read more

In this episode of the How To Money Podcast, Kate spoke to Balaji Gopal, the Head of Product Strategy at Vanguard Australia, one of Australia's leading ETF providers. Kate and Balaji discuss what is investing, working out your investment goals, different investment products and the basic building blocks of a diversified portfolio. This episode was kindly supported by Etax Accountants, Australia’s number one online tax agent. Head to www.etax.com.au today to finish your tax return online in minutes. Show Notes: howtomoney.online/how-to-money-podcast Vanguard Investments Australia HTM Websit ..read more

In this episode of the How To Money Podcast, Kate spoke to Fred from Finder, one of Australia’s largest consumer comparison sites. Kate and Fred discuss the details of open banking in Australia, how Australians will be able to use their data and whether any of this actually leads to better outcomes for the consumers. Show Notes: howtomoney.online/how-to-money-podcast Finder Australia HTM Website: howtomoney.online HTM Twitter: @HowToMoneyAUS HTM Instagram: @HowToMoneyAUS Please send any questions, feedback or episode suggestions through to us at howtomoneyaus@gmail.com and if you enjoyed ..read more

In this episode of the How To Money Podcast, Kate spoke to David from Credit Simple, about the dangers of deadweight flatmates. Kate and David discuss the risks of having all the bills in your name when sharing with flatmates, the impact this can have on your credit score and ways to protect yourself financially in a share house. Show Notes: howtomoney.online/how-to-money-podcast Credit Simple: www.creditsimple.com.au HTM Website: howtomoney.online HTM Twitter: @HowToMoneyAUS HTM Instagram: @HowToMoneyAUS Please send any questions, feedback or episode suggestions through to us at howtomo ..read more

Risk and investing is a tricky and very personal subject. Ask 10 people on a train their opinion on skydiving and you’ll be sure to get a wide range of viewpoints, and it’s exactly the same when it comes to an individual's view and tolerance of risk. In this episode, we dive into the different types of risks that might affect an investor, and why it’s so important to be aware of the risks involved with an investment product and their personal risk tolerance! Show Notes: https://howtomoney.online/how-to-money-podcast Website: https://howtomoney.online Twitter: @HowToMoneyAUS Instagram: @How ..read more

In this episode of the How To Money Podcast, we invited Ashley Debenham from Etax Accountants to cover tax return basics, plus provide you with tips to ensure you get the best possible tax refund. We also discuss some common dedications to keep an eye out for, and why it might be beneficial to source assistance from an accountant when doing your tax return. Please bear in mind the audio is a little more rustic than usual in the episode (as we recorded from different locations)! Etax Accountants: www.etax.com.au Show Notes: howtomoney.online/how-to-money-podcast HTM Website: howtomoney.onlin ..read more

In this episode of the How To Money Podcast, Kate spoke to Danielle Ecuyer, an experienced investor and the author of Shareplicity. Shareplicity is a new book that takes the complexity out of share investing, explains concepts simply and in plain English, and provides go-to steps to get started. Kate and Dani discuss skills new share investors should build, macro economic trends, red flags to avoid and how to identify quality companies. Get 20% off your copy of Shareplicity at Major St Publishing using code HOWTOMONEY at the checkout. Show Notes: howtomoney.online/how-to-money-podcast Danie ..read more