Did you know we all have a distinct “Money Personality”??
Yep – we do! And in this episode, we’re giving you the complete lowdown so you can identify which one is YOUR personality (and what it says about your money habits!), as well as practical tips to improve your bank balance, make your Super work harder and build a nestegg for your retirement that won’t cost you “an arm and a leg” to set up!
Folks, joining us today is our good friend and one of Australia’s leading personal finance commentators, Effie Zahos! Effie is Canstar’s Editor-at-Large and has more than two decades’ experience helping Aussies make the most of their money. As the money expert for The Today Show, Effie offers her insights into current money matters and – get this! – prior to joining Canstar, Effie was the editor of Money magazine for more than 20 years. (… Anyone remember our interview from the legend Paul Clitheroe!?! Well, Effie worked right alongside him… so you can bet on the fact she knows her stuff!)
We cover a lot of ground in this ep, like… the psychology of money, the best way to tackle debt and simple (but effective) money hacks to get your money working harder. You can see exactly what we cover further below.
EVEN BETTER, Effie gives us some exclusive insights from her new book, “Ditch the Debt and Get Rich” that’ll have you on track to earning a passive income & tweaking your spending habits like a pro!
So. Which Money Personality are you!?! Well, let’s find out….
Psst… bonus points up for grabs if you can guess Ben’s money personality! 🤣
- Ditch the Debt and Get Rich – NEW!
- A Real Girl’s Guide to Money: From Converse to Louboutins
- The Great $20 Adventure (for Kids)
Free Stuff Mentioned
- Episode 105 | Insights from the Money Queen – Chat with Effie Zahos, Editor of Money Magazine
- Episode 235 | Money Hacks from the Money Queen – Chat with Effie Zahos
- Episode 250 | Roger Montgomery – Chat with Australia’s Warren Buffett
- Episode 200 | Paul Clitheroe – Timeless Wisdom from the Original “Money” Guru
- Episode 261 | How to Hack Your Habits to Make You a Better Money Manager – Chat with James Clear
- Start Money STARTS today!
- Leave a Review on iTunes for your chance to Win a Start & Build Course!
Here’s What We Cover….
- 01:50 – Who won our Start & Build giveaway this week!?! (a few more weeks to go!)
- 04:06 – Mindset Minute!
- 06:28 – Meet Effie Zahos…
- 08:03 – Effie’s WORST Fear!
- 10:57 – The day Bryce met Effie…
- 12:56 – How to Retire on $2,000 a Week (how it started…!)
- 13:58 – How to Ditch the Debt and Get Rich!
- 15:00 – WHY are so many of us “bad” with money?
- 16:19 – Reasons people derail from their financial goals
- 17:17 – Triggers companies use to make you spend more money!
- 18:19 – The $10,000 Online Shopping Cart….!
- 19:51 – How to bring the future into the present so you can make lasting change
- 20:30 – Latest Data on investment trends!
- 22:33 – Why do you need to go BACKWARDS to go FORWARDS?
- 23:52 – The #1 tip to “get the monkey off your back”!
- 24:12 – Debt Avalanche vs Debt Snowball
- 25:45 – Where do people get into financial trouble?
- 27:13 – What Is YOUR Money Personality?
- 27:32 – How to model the most successful investors…
- 29:27 – The overlooked difference between SPENDING and INVESTING!
- 30:12 – The 48-Hour Rule
- 32:02 – The 2 Critical Things to put “side by side” to curb your spending
- 33:08 – Generational Differences with Money Strategies
- 35:29 – Do this immediately with your super!
- 37:05 – Why “Balance is B.S” with wealth creation!
- 39:12 – Why is writing your goals down so important?
- 39:45 – Effie’s 3 Financial Goals This Year!
- 40:43 – The “Coke bottle trick” that makes you money!
- 42:02 – Why money makes money…
- 43:26 – Investing in shares!
- 44:52 – How much do you need to invest!?!
- 45:35 – Understanding the psychology of wealth creation!
- 47:08 – Buy now and pay LMI… or wait ‘til you have a deposit?
- 49:37 – Pay off your mortgage or invest?
- 54:36 – A key tip about Debt Avalanche…
- 58:44 – Do you have this in YOUR car???
- 1:00:29 – What’s making property news?