Credit Cards Archives - Page 2 of 3

197 | Our Embarrassing True Stories: What Was Money Like in Our Own Lives?

By The Property Couch November 8, 2018 in Podcast, Real life stories

Subscribe On Itunes Subscribe On Android

Normally personal stories about money stay secret… up until this episode!

The truth is folks — it’s not really the “done” thing to have a conversation about money, is it? Almost always, there’s this societal expectation to throw money matters — the real truth of your financial situation— off the table and bury it in the overflowing junk drawer.

After all, talking about money is embarrassing, right?

Well… not anymore!!

Today folks, we’re attempting to lead by example — so we’re simply going for it! We’re going to get real and vulnerable and we’re going to share with you OUR OWN that have shaped our relationship and habits with money.

In other words: we’re going to reveal what’s really happened in our life up until now (yep, this includes revealing some childhood influences), which might explain why we’re so obsessed with finance and on a two-man-and-a-couch crusade to help others excel in managing their own money!

So, yep. These stories include the good, the bad and plain embarrassing.

Ready to start the money conversation?

A glimpse into our embarrassing true stories…

Why are we so obsessed with money management?
What did Ben’s dad teach him that stuck with him for life?
What did Bryce learn from working in casino that you wouldn’t expect?
How was our path towards property investing shaped?
Who took the biggest risks when investing in property — Ben or Bryce?
How can you make money from a side hustle?
What did Ben’s parents give him for Christmas that changed everything?
Are there any smart money management tips in all this?
Who lost, and why did they lose money in property?
What are the key money management takeaways from this episode?

And make sure you download your FREE CHAPTER of our latest book, Make Money Simple Again for more tips and money management hacks!
FREE CHAPTER of Make Money Simple Again – RRP $29.95 ———- > Click here to download or just fill in the form below and we’ll email it to you right away!

195 | Property Bubble or Property Balloon?

By The Property Couch October 25, 2018 in Podcast

Subscribe On Itunes Subscribe On Android

Folks, no doubt you’re aware there’s been a shift in the property market.

House prices have dropped. This weekend’s Auction Clearance Rates here in Melbourne were below 50%. So it’s obvious that Sydney and Melbourne have come off their peak.

And back in Episode 66 (over 2 years ago now), we warned you that Winter was Coming… Well, let’s just say “Winter is Here”.

So where’s the good news? And what is a Property Balloon?

Today we’re going to go “up in clouds” to see the 30,000ft view of the marketplace. We’re going to flashback to the last boom and show you what went down. We’re going to tell you how the correction’s playing out on the demand side and the supply side.

And we’re going to share with you The Big Switch.

So if you’re interested in the minor issues, the headwinds and the potential solution for the current property market… we’ve got over an hour of gold coming your way!

Folks, if think your cash flow story might need improving, don’t forget to take advantage of our free Money S.M.A.R.T.S Platform!

And, don’t forget our loyal listeners are able to Get 20% off our new book – Make Money Simple Again 🙂

Here’s what you’re in for…

Firstly, how did we get to this last boom?
What is the consequence of having historically low interest rates?
Why do you need to be aware of “borrowing comfort” versus “borrowing capacity”?
Why does the RBA drop monetary policy in the first place?
What are the 3 mandates of the RBA in order to set the cash rate?
What role did interest-only lending play in all this?
What did we do to curb the high demand?
What is APRA’s affect and role in the economy?
What is happening in the SMSF space?
What’s the difference between a liquid asset and property?
What did Alan Oster, NAB Group Chief Economist, tell us back in Episode 169?
Which scenarios do banks stress-test their books for?
Who are most vulnerable in this market?
Why should you be frightened of an Off The Plan property?
What are the potential changes that might be happening?
Is it all bad news for the Australian property market?
Are there any prevention strategies in all this?
58:28 – THE Key Takeaways!

194 | Seven Tips to Trap Your Surplus Cash

By The Property Couch October 18, 2018 in Podcast

Subscribe On Itunes Subscribe On Android

Folks, have you ever wanted to trap surplus cash and have more money?

If you want to get your hands on the tips to do exactly this, then this is the episode for you!
Because coming your way right now are the 7 Tips to Trap Surplus Cash!

Did you know: this will take us to over 100 money management tips! ‘Cos there are 95 tips in our book, Make Money Simple Again 😉

For the folks who haven’t got a copy of MMSA, you can head to our homepage (thepropertycouch.com.au) and pick up a FREE Chapter of the book!

CLICK HERE for the FREE Chapter of Make Money Simple Again (RRP $29.95)

And just a quick shout out to the countless folk who joined our Money S.M.A.R.T.S Platform to help manage their own money and get financial peace in less than 10 minutes a month — let us know what you think of the Platform!

For those who might be struggling to get passed the Google authenticator stage, which is there to protect your security and anonymity, Ben goes through this in today’s ep! Otherwise, please send us a snapshot of your computer screen, send it to [email protected] and we’ll sort it out for you!

We’ve also started a new Facebook Group, Make Money Simple Again, so we can keep sharing money management tips with the listeners who ask to join! Ben promises to jump on once a week to answer any money management questions you might have, especially if they’re about the Money SMARTS Platform.

PLUS Could you be the Property Investor of the Year?

Your Investment Property Magazine is on the hunt for Australia’s Investor of the Year!
If you think you’ve got what it takes to win (up to $20K worth of prizes, including a 12-month membership to LocationScore.com.au!), apply now!
There are three categories up for grabs: New Investor, Strategic Investor and Reno Investor — Entries close Midnight on Tuesday 30^th October 2018

Back to today’s show!

Here’s what you’re in for…

When should you get rid of bad debt?
What’s the enemy of money management?
Why do banks benefit from a cashless society?
How can you master your cash flow management?
How much more do you spend when you pay with plastic? (Yep!)
How can you get “on the same page” with your partner?
Is there a downside to convenience?
What are some smart money management tips?
How should you run your household?
What should you be doing with your credit card?
What money habits can you start doing NOW?
Are you doing this as you grow older? Stop!
How can you resist the temptations of tap and go?

193 | The Top 50 Significant Urban Areas & Busting the 10-Year Property Investing Myth!

By The Property Couch October 11, 2018 in Podcast

Subscribe On Itunes Subscribe On Android

Folks, we’re on the back end of a great — but late — night!!!

And we come with some equally crazy news!!! Because after the success of last night’s Sold Out Live Webinar… we’ve decided to pick the sleep from of our eyes, and do a ONE-TIME only Encore Webinar 😉

So if you weren’t able to get in because the webinar was already filled, then you can get a second chance to come along! OR… if you came along when we were having “a moment” with the internet (yep, it’s the beauty of being Live folks!)… We’re going to do everything in our power to make sure everything’s clear, audible and freeze-free!

The details:

How to Build a Property Portfolio & Retire on 2K Per Week without renovating, re-develop and sacrifice your weekends!
TOMORROW Friday 12^th October @ 12PM AEDT (yes, that’s lunch time here in Melbourne)!

LAST CHANCE: Get your ticket to the Encore Webinar HERE

TODAY we’ve got a few more surprises…

We’re answering questions that came last night about how to build a property portfolio and retire on $2,000 per month, which we think our tribe of listeners can benefit from!

PLUS, it’s also that time of the month where we get The Capital Growth King, Jeremy Sheppard — Property Analyst, Research Director and the other third of the LocationScore Lads — to tell us what’s been happening in the property market.

The best bit? Jeremy’s bringing with him some very special insights into what the data was saying 3 years ago… compared to what the market’s doing now. You might be shocked!

Want to see how the Top 50 Significant Urban Areas are performing?

CLICK HERE to Get the Top 50 Significant Urban Areas in Australia

Folks, this is normally available for LocationScore Members only, but for our tribe of TPC Listeners, we’re giving you this month’s report totally free! 🙂

Oh, and if you’re wondering where to access our money management platform — Get the Money SMARTS Platform HERE

Alright, TODAY’S Dot Points…

How are the Top 50 Significant Urban Areas performing in Australia?
What’s the average LocationScore? Is this good?
What are we seeing with the latest data?
Is the change in median a good story or a bad one?
Why does it depend on how you interpret the data?
What was the data saying about Brisbane 3 years ago? And now?
Should you rely on a consistent market?
How is Ballarat (Victoria) performing?
Are there suburbs that are showing great potential now?
Why is it not always a good idea to get a credit card?
Should you sell your property after 10 years?
What fees are involved in selling?
What did Bryce’s mentor teach him that changed his investment strategy?
Should you buy an investment property BEFORE your own home?

And TODAY’S Questions…

Question from Saab:

Hi Ben and Bryce, thank you so much for all the info you provide! Just a question on the Money SMARTS system. You talk about utilising the 55 day interest free period on credit cards for the recurring payments for bills etc. Do you think it would be more beneficial to utilise the promotional offers of some cards such as 12 months interest free on purchases? So rather than sweeping the balance of the credit card at the end of every statement period (monthly) you could potentially sweep every 6 months for instance, allowing your money in the offset account to remain there for longer. Thank you in advance for your thoughts!

Money Hack: If you’d like something to help you implement and track your money, get free access to our new Money SMARTS platform!

Question from Erin:

Hi guys, I currently have a brand new property which is my first investment.

I have heard from people that it’s best to only hold a property for 10 years due to the maintenance fees that start occurring after that length of time. Do you agree that after this time period it’s beneficial to sell and move on? Or keep it and pay for whatever upgrades are necessary?

Question from Mike:

Guys, do you think you should own investment properties before you own your family home?

P.S. Looking to download the SUA Tracker Report? Just click fill in the form below and we’ll email it to you right away! 🙂

149 | Money Tips to Survive this Christmas

By The Property Couch December 7, 2017 in Podcast

Subscribe On Itunes Subscribe On Android

It’s beginning to look a lot like…… Spending!

That’s right, folks. Christmas is just around the corner, and let’s face it: it’s an expensive time of the year for all of us.

So we thought we’d share some money management tips so you avoid filling the stocking with all your hard earned cash. We’ve also taken apart the latest CBA Report, which explains some alarming spending habits that you and a whole lot of Australian’s are doing in December.

Plus, we’ve got a ripper SURPRISE FOR OUR 150^TH EPISODE next week. Yep — not only is The Stig opening, closing and Life Hack-ing the show (thanks to your Movember donations, woot woot) — but also, we have a SERIOUSLY EXCITING GUEST ON!!! It’s someone we’ve been trying to get on for a loooooong time.

Want to find out who it is?

You’ll find out in today’s episode!!! (After all, we’re in the festive spirit.)

*****Also, stay tuned to the end and you’ll bear witness to Ben’s truly ridiculous Did You Know?*****

So, what are we on about today?

How can you use our Money Management System in the lead up to Christmas?
What date in December do Aussie’s spend the most? (Hint: it’s not Christmas Eve.)
Seriously, how much is it costing you?
What is the Number One thing that we ALWAYS do with our credit card?
How should you be managing your credit card?
What should the limit be on your credit card?
Should you buy in-store or online?
Can you MAKE money at Christmas?
How should you be managing your money this time of the year?
What can you do to avoid stretching your investing budget?
Could you do Ben’s Savings Tip……………..?

Final Movember Tally: $11,533

If you donated and haven’t given us your address yet, please email us at [email protected]

P.S. Don’t forget: next week’s 150^th Episode!!!!!!!!!!!!!

P.P.S. And here’s the link to the Dirty Santa’s Rules!

So where’s the good news? And what is a Property Balloon?

Alright, TODAY’S Dot Points…

And TODAY’S Questions…

Instagram

Free Resources

Footer

MONEY SMARTS SYSTEM