200. Helping Kids Without Impacting Your Retirement
360 Money Matters
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we celebrate our 200th podcast by diving into how we can help our kids financially without jeopardizing our own retirement. We explore the rising trend of parents assisting with property deposits, education costs, rent, or allowing adult children to move back home, and weigh the trade-offs these choices create for our long-term financial security. We discuss the importance of having a solid retirement plan first, considering timing and sustainability, protecting contributions through structures like loans...
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199. Preparing Financially For a Baby
360 Money Matters
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we go behind how to financially prepare for the arrival of a baby. We explore everything from understanding parental leave entitlements and modeling cash flow changes to budgeting for upfront and ongoing baby expenses. We share practical strategies like using half-pay to stretch income, adjusting emergency funds, and planning for unexpected costs like childcare. We also emphasize the importance of reviewing insurance coverage and estate planning to protect your growing family. Ultimately, we reflect on how...
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198. True Cost of Owning Property in 2025
360 Money Matters
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we explore the true cost of owning property in 2025. We unpack how most people fixate on mortgage repayments without considering the broader financial landscape—rising interest rates, land tax hikes, government unpredictability (especially in Victoria), and ongoing maintenance or compliance costs. We examine hidden costs like body corporate fees, off-the-plan construction risks, and the opportunity cost of tying up capital in underperforming assets. Throughout the episode, we reflect on how property...
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197. Market Wrap
360 Money Matters
Welcome back to another episode of the 360 Money Matters Podcast! We are back again with our monthly ‘Market Wrap’ segment. In this episode, we explore into a comprehensive market wrap covering July’s economic movements and global financial trends. We discuss the S&P 500's slight dip despite reaching record highs, highlight that 88% of reporting companies exceeded expectations, and analyze the market’s reaction—or lack thereof—due to preemptive pricing. We explore the stabilizing impact of key international trade deals, like those between the U.S. and the EU, Japan, and the...
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196. Money Rules That No Longer Work in 2025
360 Money Matters
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we dive into outdated money rules that no longer hold up in 2025. We debunk traditional advice like saving only 10% of your income, always buying property over renting, keeping just a three-month emergency fund, paying off all debt before investing, and expecting to spend less in retirement. We explore how shifts in the economy, rising living costs, and evolving lifestyles demand new financial strategies. From embracing "rentvesting" to rethinking car ownership and investment timing, we break down how...
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195. Financial Red Flags: What to Look for in Business, Love, and Life
360 Money Matters
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we explore the topic of financial red flags—what they are, how to spot them, and how to protect ourselves from the consequences. We explore warning signs like secrecy around money, hidden bank accounts, manipulation, unrealistic financial promises, and overleveraging in both business and personal relationships. Drawing on real-life examples and personal experiences, we highlight the importance of transparency, open communication, and the power of documentation. Whether it's about merging finances with a...
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194. How Business Owners Can Turn Profit Into Wealth
360 Money Matters
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we dive into how business owners can turn profit into personal wealth. We explore the dangers of reinvesting every dollar back into your business without building wealth outside of it, and the risks of assuming your business will always remain profitable or sellable. We discuss the importance of paying yourself first—treating yourself like a creditor by consistently diverting a portion of your profits into other assets like property, shares, or superannuation. We emphasize that while business owners are...
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193. The Cost Of Doing Nothing
360 Money Matters
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we dive into the real cost of procrastination when it comes to personal finances. We explore how delaying decisions—whether it's investing, buying property, sorting out insurance, or getting financial advice—can severely impact long-term wealth. We unpack the power of compounding, the snowball effects of early action, and how missed opportunities grow more expensive over time. From rising property prices to lost superannuation contributions, we highlight how time is your most valuable asset. As we...
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192. How To Manage Conflicting Financial Priorities
360 Money Matters
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we tackle the challenge of managing conflicting financial priorities. We explore the real-life dilemmas many families face balancing private school fees, home upgrades, holidays, and long-term goals like retirement or investment—all within a limited budget. We dive into the importance of understanding personal values and how they shape financial decisions. We also walk through strategies for setting dynamic budgets, anticipating lifestyle creep, and avoiding the trap of assuming higher income means...
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191. Decoding Division 296 - What High-Income Earners Need To Know
360 Money Matters
Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we unpack Division 296 and what it means for high-income earners, particularly those with superannuation balances exceeding $3 million. We explore how this proposed legislation, though not yet law, is likely to impose a 15% tax on unrealized gains in superannuation, essentially taxing people on growth in asset value even if nothing has been sold. We walk through examples involving property and SMSFs to highlight how problematic this is, especially for illiquid assets like farms and factories. We also...
info_outlineHello and welcome back to the 360 Money Matters podcast! Whether you're a first-time investor or have plenty of experience, it is very easy for emotions and fear to get the better of you and for rational decisions to be blinded by emotion.
In this episode, we’ll be turning a little more towards the psychology of investing, where we discuss the importance of continuing the course and blocking out all the unnecessary noise. We will discuss various strategies to combat making emotional investment decisions and help ensure that you are making rational decisions with your money.
So be sure to join in on the conversation as we talk about how you can overcome your investment fears!
“Be fearful when others are greedy, and greedy when others are fearful.” - Warren Buffett
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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis and Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorised representatives and credit representatives of AMP Financial Planning – AFSL 232706
Episode Highlights:
- Impact of emotionally buying and selling
- Know Your Strategy and Stick To It
- Upsides to Dollar Cost Averaging
- Expecting that losses will occur
- Make long term investment decisions
- Block out the noise and make rational choices
- Set your expectations from the beginning
- Invest in an Advisor that can look at things more rationally
Connect with Billy and Andrew!
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