360 Money Matters

Welcome to the 360 Money Matters podcast where Financial Planners, Billy Amiridis and Andrew Nicolaou talk all things Financial Planning. This podcast aims to increase your knowledge and confidence with all thing’s money. Each week we will cover topics such as investing, cashflow and budgeting, saving, passive income, debt management, and much more so you can live life on your terms without limits.

166. First Home Saver Super Scheme 12/10/2024

165. Owning Assets in a Trust 12/03/2024

165. Owning Assets in a Trust Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discuss the complexities of owning assets in a trust and offer guidance on when it might be beneficial. We address a common question about whether to buy assets individually or through a trust, weighing the pros and cons of each approach. We emphasize that trusts can provide a layer of protection for assets, particularly for business owners concerned about creditors. However, we clarify that trusts are not "bulletproof," especially when it comes to family court proceedings in cases of relationship breakdowns. We also outline different types of trusts, like unit trusts and discretionary family trusts, and explain when each might be more appropriate depending on factors like flexibility and who holds the assets. Get clarity on whether a trust is right for you and gain insights into safeguarding your assets effectively. Listen now to make informed decisions about your financial future!o - 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 & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Weighing pros and cons of owning assets in a trust versus individually Benefits of asset protection and tax flexibility with trusts Limitations of trusts in family court or in scenarios involving relationship breakdowns Cost and complexity considerations for setting up and maintaining a trust Importance of personalized advice for individual circumstances Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/34261080

164. How To Not Ruin Your Budget Over Christmas 11/26/2024

163. Offset vs. Redraw Account 11/19/2024

162. Market Wrap 11/12/2024

162. Market Wrap 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 talked about post-US election market impacts. We start off with the positive response of the U.S. stock market, which reached all-time highs, and discuss the soft economic landing, resilient labor market, and potential inflation concerns if certain policies are enacted. We’ll also talk about challenges in Europe, where deflation concerns may lead to lower interest rates, and China's focus on boosting domestic demand to meet growth targets, which has implications for the Australian resource sector. Additionally, in Australia, the Reserve Bank has kept interest rates unchanged, despite inflation tracking within the target range. The Australian market has shown moderate growth, while the tight labor market and cost-of-living pressures impact retail sales, which are growing below average levels. Tune in to hear about the latest economic shifts post-US election, inflation impacts, and what’s happening in key markets across the globe. Get the full scoop on how these trends might affect you and your finances—listen now! - 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 & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights US market update European Central Bank considering reducing interest rates below neutral China's economic strategy ASX200 up 0.25% for the month Consumer spending subdued due to cost of living pressures Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/33898867

161. Purchasing a Property Using Super 11/05/2024

160. Refinancing Considerations 10/29/2024

159. Choosing The Right Superfund 10/22/2024

158. Market Wrap 10/15/2024

157. Downsizing as a Retirement Strategy 10/08/2024

156. Growing Your Superannuation 10/01/2024

155. Investment Mistakes to Avoid 09/24/2024

154. Market Wrap 09/17/2024

154. Market Wrap 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 discuss the latest market trends, focusing on various global and domestic economic factors impacting investment decisions. We begin with a wrap-up of the U.S. market, highlighting a 4.36% increase in the S&P 500 driven by optimism around potential interest rate cuts by the Federal Reserve. We then touch on the Australian market, noting a 2.05% rise in the ASX 200, despite fluctuating commodity prices and uncertainties surrounding the RBA's interest rate decisions. We also cover the economic challenges in Europe, with slow growth prompting the ECB to lower rates, and concerns about China's economic slowdown, reflected in a 1.3% drop in the Shanghai Composite. Despite these global uncertainties, we explore how these factors might influence the Australian market and the potential implications for investors. Discover what these shifts could mean for your portfolio and why staying informed is more crucial than ever. Don't miss out—listen now! - 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 & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights S&P 500 up 4.36% for the month The US Presidential Race Australian market update RBA and government spending impacts on inflation Geopolitical concerns affecting markets Shanghai Composite down 1.3% for the month, 8% for the year Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/33092772

153. Do I Sell Property in VIC 09/10/2024

153. Do I Sell Property in VIC Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discuss the current state of the Victorian property market. We explore the growing concerns among property owners about whether to sell or hold onto their properties in Victoria, driven by a recent dip in the market and policy changes, particularly regarding land tax and rental standards. We also analyze historical growth rates, compare Victoria’s market performance to other Australian states, and discuss the long-term prospects for property investment in the region. Despite short-term challenges, the current market conditions may present a strong buying opportunity for those with a long-term investment strategy. Join us in this episode as we break down the latest market trends, policy changes, and what they mean for your investment. Don't miss out—listen now! - 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 & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights ● Current state of the Victorian property market ● Recent concerns about the Victorian property market ● Factors affecting Victorian property market ● Impact of cash flow on property investment decisions ● Considerations for holding vs. selling properties ● Impact of population growth and construction costs on the market ● Possibility of rapid market changes with increased confidence ● Importance of aligning property investment with long-term strategic plans Connect with Billy and Andrew! 360 Financial Strategists Check out our latest episode here: Apple Podcast Spotify Google Podcast /episode/index/show/360moneymatters/id/32995732

152. Debt Recycling 09/03/2024

152. Debt Recycling Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discussed the concept of debt recycling, a financial strategy that allows individuals to pay down their non-deductible debt, such as a home mortgage, while simultaneously investing to build deductible debt, which can provide tax benefits. The strategy involves using equity from one's home to invest in income-producing assets like shares. Over time, the income generated from these investments is used to pay down the non-deductible debt, while the investment debt increases, effectively converting non-deductible debt into deductible debt. Furthermore, we go into the suitability of this strategy, noting that it is most beneficial for higher income earners and those with a stable financial situation, including secure income and a solid banking strategy. We emphasize that while debt recycling can be powerful, it requires a strong understanding of both investing and debt management, making it suitable for individuals who are comfortable with these aspects. If you're ready to take control of your financial future and maximize your wealth, don't miss out—listen now! - 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 & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights About the concept of debt recycling Difference between good (tax-deductible) and bad (non-deductible) debt Who debt recycling is suitable for Keeping a non-deductible debt on principal and interest repayments Risks associated with debt recycling Exit strategies for debt recycling Options like paying down deductible debt or selling portions of the investment portfolio Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/32888392

151. Should I invest or Pay Down Mortgage 08/27/2024

150. Make Your Strategy Recession Proof 08/20/2024

149. Mastering Your Retirement Plan: Financial and Lifestyle Strategies 08/13/2024

148. Wealth Preservation Strategy 08/06/2024

148. Wealth Preservation Strategy Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discuss investing in precious metals, including gold, silver, platinum, and palladium, and how they serve primarily as a store of wealth rather than a traditional investment. We address a common question from listeners about whether they should invest in precious metals and explore various ways to purchase and store these assets, such as physical bullion, ETFs, and investing in mining companies. We highlight the importance of understanding the liquidity and transaction costs associated with precious metals. Additionally, we emphasize diversification and how precious metals can provide a hedge against inflation and market volatility. We also draw a comparison between precious metals and cryptocurrency, noting their differing behaviors and potential roles in an investment portfolio. Learn about gold, silver, and more, and discover how these assets can help you hedge against inflation and diversify your portfolio. Tune in now to gain valuable insights and practical tips to enhance your investment strategy. - 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 & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights About precious metals seen as a store of wealth and hedge against inflation Characteristics and history of precious metals Precious metals as part of portfolio diversification Similarities and differences between precious metals and cryptocurrencies Importance of diversification in portfolio construction Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/32456562

147. Market Wrap 07/30/2024

146. The Benefits of Commercial Property Investment 07/23/2024

146. The Benefits of Commercial Property Investment Welcome back to another episode of the 360 Money Matters Podcast! In this episode, Vicki Likoudis from True North Advocacy shares her diverse background in small business, property development, and advocacy, emphasizing the link between business and commercial property in her career. She discusses different types of commercial property while highlighting the key attributes of commercial property: better cash flow, tenant-paid expenses, longer leases, and potential for capital growth, which set it apart from residential property. Vicki explains the benefits of using a commercial buyer's advocate, including specialized knowledge, focus on investment potential, and thorough due diligence on properties and tenancies. Learn more about the benefits with a commercial buyer's advocate by listening to this episode today! - 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 & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights About Vicki Likoudis Different types of commercial property Typical commercial property clients Attributes of commercial property Benefits of using a buyer's advocate Increased interest in commercial property from residential investors Do's and Don'ts of Buying Commercial Property About Vicki Likoudis With a diverse property and business background, Vicki has developed a finely-tuned craft and passion for assessing and buying property, 15 years in the making. Her focus is always on exceptional client outcomes and lasting relationships and is highly regarded as a valued advisor and mentor in her community. Prior to forming True North Buyer's Advocacy, Vicki held the position of CEO for a leading sustainable property developer in Melbourne, reinforcing her passion for connecting people to the right buying outcomes. Her astute buying approach centers on diligent research, tenacity, intelligent negotiation and a commitment to getting the absolute best result for her clients. Whether it’s securing your business property or a commercial property investment, Vicki’s primary goal is to guide your buying confidence with clarity so you can cut through the noise, purchase with confidence and find the best property for you and your goals. Connect with Vicki Likoudis: Website | Linked In | Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/32257642

145. Average Super balance For Your Age 07/16/2024

144. Considerations When Buying Investment Property 07/09/2024

144. Considerations When Buying Investment Property Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discussed the important considerations when buying an investment property. We emphasized the need to align the property purchase with long-term financial strategies and goals. This includes understanding the financial impact on household budgets, getting finance approved, considering the pros and cons of different ownership structures, and knowing the potential cash flow implications. We also highlighted the value of professional advice, such as using buyer advocacy services, and the importance of having adequate financial buffers to manage unexpected expenses and market changes. Additionally, we stressed the necessity of a risk mitigation strategy and cautioned against making emotionally driven investment decisions. Discover the value of professional advice, the importance of financial buffers, and the necessity of a solid risk mitigation strategy. Don't miss out—listen now and make informed decisions for your investment future! - 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 & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Importance of financial considerations before buying an investment property Aligning investment property with long-term wealth creation strategy Finance approval and budgeting Different ownership structures Using buyer advocacy services Cash flow buffers and risk mitigation strategies High costs associated with buying and selling properties Avoiding emotional investment in property decisions Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/32062447

143. What To Do With Stage 3 Tax Cuts 07/02/2024

142. Manage Inconsistent Cashflow 06/25/2024

142. Manage Inconsistent Cashflow Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we tackle the complexities of managing cash flow with irregular income. For those that are self-employed, earning commissions or bonuses, this can be a difficult thing to manage. We discuss the pitfalls of using credit card debt and stress the importance of appropriate cash flow management from the outset to avoid financial traps. The Cash Flow Bootcamp is recommended for detailed guidance on these strategies. For couples with mixed income types, we advise using regular income for fixed expenses and irregular income for variables and investments, while emphasizing the necessity of discipline and planning. Furthermore, we cover the potential benefits of irregular income, like using bonuses for investments or debt repayment, along with examples of clients who have successfully managed their finances. The episode concludes with a summary, urging listeners to seek help with managing irregular income and to engage with future content. Don't navigate the complexities of irregular income alone. Join us for detailed guidance and practical strategies to secure your financial future. - 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 & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Challenges of managing irregular income Strategies for managing irregular income Bucketing strategy and cash flow bootcamp Managing finances in a relationship Benefits and challenges of irregular income Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/31880367

141. Market Wrap 06/18/2024

141. Market Wrap 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 discuss recent market trends, with a primary focus on the U.S. and Australian economies. We highlight the strong performance of the S&P 500 in May, driven largely by tech giants like Nvidia, which significantly contributed to market growth due to the increasing influence of AI. Inflation in the U.S. shows signs of easing, potentially paving the way for rate cuts, while in Europe, the ECB is anticipated to reduce rates to stimulate economic growth. In contrast, Australia's inflation remains high, and GDP growth is stagnating, raising concerns of stagflation. Additionally, we note the impact of rising construction costs on housing supply and rental prices. We suggest that Australia's interest rates might stay on hold longer than expected due to persistent inflationary pressures. Tune in to this episode for an in-depth analysis of these critical economic developments and their potential impact on your investments. Don't miss out on the latest insights—listen now! - 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 & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights US market performance AI's transformative potential in businesses Australian market and economy Inflation and interest rates The European Central Bank (ECB) is expected to lead in cutting rates Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/31805752

140. Active and Index Investments 06/11/2024

139. Employee Share Schemes 06/04/2024

138. Tax Planning for EOFY 05/28/2024

138. Tax Planning for EOFY Welcome back to another episode of the 360 Money Matters Podcast! In this episode, we discussed the end of the financial year and tax planning tips, focusing on the effective utilization of superannuation. Key points included maximizing contributions, leveraging concessional and non-concessional caps, and using catch-up contributions before deadlines. Superannuation was emphasized for future financial stability through tax planning strategies like pre-tax contributions. We also discussed government co-contributions to boost super balances for low to middle-income earners, spouse contributions for tax benefits, and planning ahead for optimal results with approaching deadlines. Furthermore, we recommended managing working from home expenses, adhering to good record-keeping practices, and seeking early advice from professionals for effective long-term tax strategies. Don't miss out on essential tips to maximize your financial stability and make the most of your superannuation! Listen now and take control of your financial future! - 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 & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706 Episode Highlights Considerations for superannuation contributions Catch-up contributions and maximizing concessional contribution caps Importance of strategic planning and contribution strategies Capital gains tax events and planning for tax efficiency Keeping receipts for potential tax deductions Reviewing budgets and financial plans Importance of early planning and collaboration with tax advisors Connect with Billy and Andrew! Check out our latest episode here: /episode/index/show/360moneymatters/id/31489297

137. Changes to superannuation limits on 1 July 2024 05/21/2024

360 Money Matters

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