Financial Autonomy

When investing in property, it's largely a given that you'll be borrowing as a core element of the transaction. Indeed often, you're borrowing the entire purchase cost. Borrowing to buy shares however is often approached with trepidation, despite the many advantages shares offer around the ease of altering the transaction size, diversification and the speed with which investments can be liquidated. In today's episode, we'll take a look at the pros and cons of borrowing or gearing to invest in shares. Is now the time for a big move? Before we dive in, it's important to remind you that this is general information. The appropriateness of gearing for you depends on a range of factors such as income security, savings capacity, debt levels and investment timeframe. Seek out professional investment advice before commencing a gearing strategy. Visit the Advice Page on our Financial Autonomy website to see how we can help. Also, if you're fairly new here, you might not be aware of our Invest in Shares online course. T

I met Alex Hont at a Financial Planning conference last year. Alex hosts the Masters of Finance podcast - so with both financial planning and podcasting in common, we had quite a bit to talk about! I invited Alex onto the podcast to share how he went from being an employee to being a partner at his financial planning firm - how he planned for that move, how it unfolded, and what the change has meant for him. Alex shares his journey, how he got into the practice in the first place, how he's been able to increase his share and become a partner in the business, and a little bit about his thoughts as to where it might lead to longer term. It's a bit of a different story in terms of how to arrive at self-employment. We haven't covered this sort of approach before but it's something that I hope you guys will get a lot out of. Disclaimer

Regular listeners will know my book Financial Autonomy - the money book that gives you choice, came out last month. In this week's episode, I explain why I wrote it and how it fits into my mission of helping more people gain choice. During the various interviews I've done promoting the book one of the most frequent questions I get is how did I find the time to write it? So in this episode I also pull back the curtain a little to share how I got it done. Perhaps it might help you see a way to achieve one of your dreams. I hope you enjoy this episode and get some valuable ideas.   Disclaimer

Really excited for this episode. I chat with Thomas Taw, the Head of Investment Strategies Asia Pacific for BlackRock. For those who are unfamiliar, BlackRock is the largest fund manager in the world. It's a wonderful opportunity to gain insight into how a business with the global resources they have at their disposal is seeing things - investment markets opportunities, economies, and the impact of COVID just to get us started. Soak this one up. Also, stay up to date with all things investments and financial autonomy via our weekly email - Gaining CHOICE. Disclaimer

One of the most popular pathways to achieving financial autonomy is through investing in stocks. Stock market investing has a ton of advantages including ease of diversification, low transaction cost, ease of liquidity, and being highly regulated to guard against investor fraud. A popular stock portfolio strategy is known as the core/satellite approach. In today's episode, Ill be taking you through how this approach might help you build a robust and successful share portfolio. Disclaimer

Tim Duggan is the co-founder of Junkee Media, one of Australia's fastest growing media companies dedicated to improving the conversations about things that matter. In today's interview, we talk about building communities around digital products and understanding the shift towards conscious consumerism. We also discuss his new book, Cult Status, which encourages thinking about business in a new way, finding your business purpose and what it means to be an "untrepreneur". Tim gives his personal advice on how you can best gain choice in life. Learn other pathways towards financial independence and gaining choice through my new book - Financial Autonomy: The money book that gives you choice. Disclaimer

Self-employment is one of the 3 pathways to achieving Financial Autonomy. What are the key 12 elements you need to cover off to succeed as a self-employed person? We covered the first 6 elements last week and this week we'll cover the other 6. Disclaimer

Self-employment is one of the 3 pathways to achieving Financial Autonomy. What are the key 12 elements you need to cover off to succeed as a self-employed person? That's what I'll be covering in this and next week's episode. Grab the free toolkit: www.financialautonomy.com.au/159  

Today Melissa Martin is a successful Melbourne photographer, but that's quite a way from where she started her career journey. In this chat we explore: The challenges many women in particular face when they start a family and find that their previous career no longer works in their life. How Melissa went about finding a new path. Some of the clever things Melissa did to achieve success Plus plenty more! Melissa's web site: https://www.melissamartinphotography.com/ Entrepreneur You program mentioned in the interview:  https://find0101.lpages.co/entrepreneur-you/  

The Financial Autonomy book is now available. Discover the full Financial Autonomy framework and build your own strategy to gain choice via the free downloadable companion workbook. Free delivery within Australia if purchased direct. Visit www.financialautonomy.com.au/book_order   This weeks episode: What is insider trading, why is it a crime, and why does Hollywood seem to love it so much? That’s what we’ll be exploring in this episode.

Looking for an easy, low-cost way to getting started with investing? Ted Richards from Six Park might have your solution. Learn more about Six Park - https://guidancefs.sixpark.com.au/ Grab the Financial Autonomy book - https://find0101.lpages.co/financial_autonomy_book/   Disclaimer

Modern Monetary Theory (MMT) sounds dry, I know, and in truth, and it is. But it's likely you're going to hear a whole lot more about it, and the idea of jobs guarantees, in the coming months and perhaps years. Why?  Because MMT proposes an interesting solution to unemployment. And battling unemployment will be the number 1 agenda item around the country and the world over the next few years.

What's Aged Care have to do with financial autonomy and gaining choice? At some point, your parents are likely going to need age care and it might come down to you to solve it for them. An awareness of how the system works and some of the basics, is something I’m sure you will find valuable. Financial adviser and age care expert Susan Cooper explains some of the jargon and we discuss the key considerations when you’re helping a loved one with a move into aged care. SUBSCRIBE TO OUR WEEKLY EMAIL “GAINING CHOICE” TO KEEP UP WITH ALL THINGS FINANCIAL AUTONOMY    Disclaimer

When it comes to finances, singles can easily feel that the world is against them. Politicians constantly talk of the need to help “working families”. Yet what about those who through choice or the fall of the cards don’t fit that mould? In our last episode we talked about Resiliency, having a budget approach that works for you, holding an emergency fund to protect you against events like losing your job and having appropriate insurance. We also covered Savings and Wealth Creation, setting goals, creating milestones, investing and developing your career.  Today, we talk about Housing, Estate Planning and Traps. Learn more about these aspects and why you should consider them  when it comes to financial planning for singles. SUBSCRIBE TO OUR WEEKLY EMAIL “GAINING CHOICE” TO KEEP UP WITH ALL THINGS FINANCIAL AUTONOMY 

When it comes to finances, singles can easily feel that the world is against them. Politicians constantly talk of the need to help “working families”. Yet what about those who through choice or the fall of the cards don’t fit that mould? Housing affordability is tougher for singles. Bills like insurance and council rates don’t get any lower with only one person in the house. And there’s no-one to back you up through a period of financial adversity like redundancy or illness. Singledom however does offer some benefits – removing the need to compromise being at the top of the pyramid. Learn about the 5 aspects you should consider when it comes to financial planning for singles. SUBSCRIBE TO OUR WEEKLY EMAIL “GAINING CHOICE” TO KEEP UP WITH ALL THINGS FINANCIAL AUTONOMY 

You might have come across Stuart Wemyss via his regular contributions in the Australian newspaper, or his excellent podcast Investopoly. Stuart is a fellow financial planner, and in this week's episode, we discuss his latest book Rules of the Lending Game. Whether you're an investor, a homeowner with an existing mortgage, or an aspiring first home buyer, there are tips in here that I'm sure you'll get a tonne of value out of. SUBSCRIBE TO OUR WEEKLY EMAIL “GAINING CHOICE” TO KEEP UP WITH ALL THINGS FINANCIAL AUTONOMY 

French born Western Australian Isabelle Lenglois shares her inspiring journey to Financial Autonomy in this week's episode. She prospered in an industry not especially welcoming of women - oil and gas drilling - through plenty of hard work and determination. She has then succeeded in transforming that income into wealth which provides her and her young family the independence she desired. Very happy to be featuring Isabelle's story as our 150 episode milestone. I hope you get plenty out of it. Check out the books mentioned here: The Barefoot Investor Rich Dad Poor Dad SUBSCRIBE TO OUR WEEKLY EMAIL “GAINING CHOICE” TO KEEP UP WITH ALL THINGS FINANCIAL AUTONOMY   

Volatility and share investing go together like honey and crumpets. As a share investor, how can you use volatility to your advantage? And how can you ensure volatility doesn’t derail your strategy to build wealth and gain choice in life? I’ve invested through the GFC, the Asian Currency Crisis, September 11, the Japanese tsunami, Brexit, numerous North Korean nuclear threats, and plenty more share market upsets. Here’s my top 7 tips for investing in shares through volatile times. SUBSCRIBE TO OUR WEEKLY EMAIL “GAINING CHOICE” TO KEEP UP WITH ALL THINGS FINANCIAL AUTONOMY

Lachlan is a member of the Financial Autonomy community and responded to my call out for case study examples. I'm especially excited to chat with Lachlan because he's pursued all 3 of the FA pathways - shares, property, and self-employment. You can get a hold of him through his email at Ellenjaycs@gmail.com If self-employment is of interest to you, check out our new program Entrepreneur You - Transition to Self-employment without going broke SUBSCRIBE TO OUR WEEKLY EMAIL “GAINING CHOICE” TO KEEP UP WITH ALL THINGS FINANCIAL AUTONOMY

So why consider moving to self-employment? Our mission here at Financial Autonomy is helping you gain choice. Of the options available to gain choice, becoming self-employed offers the potential for you to achieve success quickly, without huge financial investment, and provides the greatest potential financial upside. But transitioning from being an employee to becoming self-employed is a mine field. Let’s look at some of the challenges and what you can do to overcome them and achieve the success you deserve. SUBSCRIBE TO OUR WEEKLY EMAIL “GAINING CHOICE” TO KEEP UP WITH ALL THINGS FINANCIAL AUTONOMY