Get Started Investing

What if you already had more money to invest... you just didn't realise it?

Jess has spent months manually analysing her spending, trying to free up more money to invest. This week, she wants to know if AI can make the process easier.

Together with a chartered accountant and financial controller, Isabelle from Mind Her Money, Jess explores how to safely use AI to better understand your spending (including actual prompts you can use), what patterns to look for and how to spot the money that's quietly slipping away without adding real value to your life.

Because the goal isn't to stop spending money.

It's to stop wasting money on the things you don't value, so you can spend more on the things you do and invest the difference.

Plus, Jess puts a "Real Price Tag" calculator to the test to see what one of her regular fortnightly expenses could be worth if she invested instead……… she was shocked!
Also, you can now follow Jess’s journey & learnings more closely with regular updates on Instagram at getstartedinvesting_

Chapters:
00:00:00 Can AI Find You More Money To Invest?
00:02:30 How AI Can Analyse Your Spending
00:04:54 Using Your Financial Data Safely
00:08:53 What To Ask AI About Your Spending
00:13:02 Finding Money You Will Not Miss
00:18:18 Spend More On What You Actually Value
00:21:41 When Saving Goes Too Far
00:24:18 The Real Cost Of Your Everyday Spending
00:28:09 Your AI Spending Challenge

Links mentioned in this episode:

If you’re interested in trying to use AI to analyse your spending, Isabelle and Jess have put together an ‘AI playbook’ with prompts to try yourself here.

You can also play around with Isabelle’s ‘Real Price Tag’ calculator here, once you’ve figured out where your money is going!

📩 Sign up to the Get Started Investing newsletter here
📩 Share your investing story with us submit here
🎟️ FinFest tickets - Buy early bird tickets here

Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we’ve got you covered.

———

Thanks to MLC for sponsoring this series and helping keep our content free.

If you’re the type of person who spends weekends comparing ETF’s, keeps an eye on crypto, and never misses an episode of Equity Mates, here’s one investment you may be overlooking – your super.
MLC knows it might not seem as exciting as picking your next investment, but thanks to tax advantages and decades of compound growth, it could end up being one of the hardest working investments you own.

See how your super could be working harder with MLC at mlc.com.au

Disclaimer: Products issued by NULIS Nominees (Australia) Ltd as trustee of MLC Super Fund. General information only. Read the PDS & TMD available at mlc.com.au and consider if it’s right for you.

———

In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.

———

Get Started Investing is a product of Equity Mates Media.

This podcast is intended for education and entertainment purposes only. Any advice is general advice, and has not taken into account your personal financial circumstances. Before acting on general advice, you should consider if it is relevant to your needs. If you are unsure, please speak to a financial professional. The hosts of this podcast and their guests may have positions in the companies mentioned. Equity Mates Media is part of the Betashares group but maintains editorial independence.

Equity Mates Media operates under Australian Financial Services Licence 540697.
Hosted on Acast. See acast.com/privacy for more information.

Kelly grew up watching her immigrant parents work two jobs, seven days a week, after arriving in Australia with very little money.

She thought the only path to wealth was to work harder.

Then she discovered investing and realised her money could work just as hard as she did.

Before turning 30, she's built a $280,000 investment portfolio and bought two investment properties.

Jess sits down with Kelly to unpack the lessons she learned from watching her parents' sacrifices, why she focuses on growing her income as much as her investments (more than doubling it in just a few years), how she uses both property and shares to build wealth and why you absolutely don't need to be rich to get started.

For more regular updates from Jess’ investing journey, follow along on instagram at getstartedinvesting_

Chapters:
00:00:00 From Super Saver To Serious Investor
00:03:48 The Money Lessons That Started It All
00:07:43 Buying Her First Property In Her Twenties
00:11:17 Why Saving Alone Was Not Enough
00:14:00 Turning One Hundred Dollars Into A Habit
00:17:51 How Kelly Built Her Portfolio
00:21:11 Growing Her Income From 75K To 175K
00:24:30 Avoiding Lifestyle Creep As Income Grows
00:26:00 What Kelly Is Building Wealth For
00:29:14 Why Investing Is Not Just For The Rich

Links mentioned in this episode:

📩 Sign up to the Get Started Investing newsletter here
📩 Share your investing story with us submit here
🎟️ FinFest tickets - Buy early bird tickets here
Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we’ve got you covered.

———

Thanks to ShopBack for sponsoring this series.

Want to get paid for shopping online? 💸 ShopBack gives you real Cashback on purchases you're already making, which you can then transfer into your bank account (or brokerage app!).
Download the app here and use code GETSTARTED20 to get a $20 cashback bonus once you've earned your first $10!

———

Get Started Investing is a product of Equity Mates Media.

This podcast is intended for education and entertainment purposes only. Any advice is general advice, and has not taken into account your personal financial circumstances. Before acting on general advice, you should consider if it is relevant to your needs. If you are unsure, please speak to a financial professional. The hosts of this podcast and their guests may have positions in the companies mentioned. Equity Mates Media is part of the Betashares group but maintains editorial independence.

Equity Mates Media operates under Australian Financial Services Licence 540697.
Hosted on Acast. See acast.com/privacy for more information.

Joint accounts or separate? Split bills 50/50? Invest together or keep it separate?

Ask five couples how they manage money and you'll probably get five different answers.

After buying her first home with her partner, Jess put the question to the Get Started Investing community and quickly realised there were plenty of different approaches. So she sat down with financial adviser Glen Hare to hear what he sees working best for the couples he advises, and how they navigate everything from bank accounts and budgeting to shared goals, different money personalities (saver v spender) and building a financial life together.

Plus, producer Soph calls in from her honeymoon with a question many newlyweds face: should married couples combine their investments, or keep investing separately?

Chapters:

00:00:00 How Should Couples Manage Money?
00:03:00 Separate Or Combine Your Finances?
00:07:30 When Separate Money Stops Working
00:12:53 Getting On The Same Financial Page
00:15:15 When One Partner Hates Talking Money
00:19:14 Should Couples Invest Together?
00:23:30 The Tax Trap When Combining Investments
00:27:18 What If Your Risk Tolerances Differ?
00:31:22 The Money Conversation Every Couple Needs

If you want to get in touch with Glen Hare we can put you in touch here

You can follow Jess’s journey further with regular updates on Instagram at getstartedinvesting_

Links mentioned in this episode:

📩 Sign up to the Get Started Investing newsletter here
📩 Share your investing story with us submit here
🎟️ FinFest tickets - Buy early bird tickets here

Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we’ve got you covered.

———

Thanks to MLC for sponsoring this series and helping keep our content free.

If you’re the type of person who spends weekends comparing ETF’s, keeps an eye on crypto, and never misses an episode of Equity Mates, here’s one investment you may be overlooking – your super.
MLC knows it might not seem as exciting as picking your next investment, but thanks to tax advantages and decades of compound growth, it could end up being one of the hardest working investments you own. See how your super could be working harder with MLC at mlc.com.au

Disclaimer: Products issued by NULIS Nominees (Australia) Ltd as trustee of MLC Super Fund. General information only. Read the PDS & TMD available at mlc.com.au and consider if it’s right for you.

———

In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.

———

Get Started Investing is a product of Equity Mates Media.

This podcast is intended for education and entertainment purposes only. Any advice is general advice, and has not taken into account your personal financial circumstances. Before acting on general advice, you should consider if it is relevant to your needs. If you are unsure, please speak to a financial professional. The hosts of this podcast and their guests may have positions in the companies mentioned. Equity Mates Media is part of the Betashares group but maintains editorial independence.

Equity Mates Media operates under Australian Financial Services Licence 540697.
Hosted on Acast. See acast.com/privacy for more information.

Gav loves spending money. Watches, skincare, Apple products, travel - give him money and he’ll find something to spend it on.

So when he discovered investing, he did what came naturally….he started collecting ETFs.

At one point, he owned 27 of them.

So how did he go from trying almost every investing app and collecting ETFs “like Pokémon cards” to believing that less is more?

Gav joins Jess to unpack the mistakes he made as a new investor, how he’s simplified his approach and the system that lets him invest consistently (while still leaving plenty of room to spend.)

Plus, they get into Gav’s decision to invest in geared ETFs and why he’s comfortable with the extra risk.

For more regular updates from Jess’ investing journey, follow along on instagram at getstartedinvesting_

Chapters:
00:00:00 From Big Spender To Disciplined Investor
00:03:30 How Gav Caught The Investing Bug
00:06:19 Collecting ETFs Like Pokemon Cards
00:09:38 How 27 ETFs Became A Real Strategy
00:12:30 Why Less Is More With Investing
00:15:00 Building Wealth Through Consistency
00:18:00 How To Ignore The Investing Noise
00:19:51 Investing To Give Yourself Options
Links mentioned in this episode:
📩 Sign up to the Get Started Investing newsletter here
📩 Share your investing story with us submit here
🎟️ FinFest tickets - Buy early bird tickets here
Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we’ve got you covered.

———

Thanks to Shopback for sponsoring this series.

Want to get paid for shopping online? 💸 ShopBack gives you real Cashback on purchases you're already making, which you can then transfer into your bank account (or brokerage app!).
Download the app here and use code GETSTARTED20 to get a $20 cashback bonus once you've earned your first $10!

———

Get Started Investing is a product of Equity Mates Media.

This podcast is intended for education and entertainment purposes only. Any advice is general advice, and has not taken into account your personal financial circumstances. Before acting on general advice, you should consider if it is relevant to your needs. If you are unsure, please speak to a financial professional. The hosts of this podcast and their guests may have positions in the companies mentioned. Equity Mates Media is part of the Betashares group but maintains editorial independence.

Equity Mates Media operates under Australian Financial Services Licence 540697.
Hosted on Acast. See acast.com/privacy for more information.

Australia or the world - where should you be investing?
Jess has both Australian and global ETFs in her portfolio, but lately she’s been seeing more investors question whether Australian shares are worth holding at all…..especially when global markets have been performing so well.
And she’s not the only one wondering. Community member Anand recently shifted his portfolio primarily into a global ETF and wants to know: what are the strongest reasons to still invest in Australia?
Is going all-global a reasonable strategy? Does holding Australian shares actually make you more diversified? And are we overlooking Australia just because it hasn’t performed as well recently?
Ren joins Jess to answer Anand’s question and help her decide whether the Australian ETF in her own portfolio still deserves its place.
Also, you can now follow Jess’s journey & learnings more closely with regular updates on Instagram at getstartedinvesting_
Chapters:
00:00:00 Should You Go All In On Global ETFs?
00:02:00 Why Australian Shares Are Falling Behind
00:04:00 The Strongest Case For Going Global
00:07:43 Why Australia Still Deserves A Place
00:10:13 You Can't Predict The Next Winner
00:12:03 Why Index Investing Beats Stock Picking
00:13:21 The Real Benefit Of Franking Credits
00:14:27 Does Home Bias Actually Make Sense?
00:16:20 What True Diversification Really Means
Links mentioned in this episode:
📩 Sign up to the Get Started Investing newsletter here
📩 Share your investing story with us submit here
🎟️ FinFest tickets - Buy early bird tickets here
Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we’ve got you covered.
———
Thanks to MLC for sponsoring this series and helping keep our content free.
If you’re the type of person who spends weekends comparing ETF’s, keeps an eye on crypto, and never misses an episode of Equity Mates, here’s one investment you may be overlooking – your super.
MLC knows it might not seem as exciting as picking your next investment, but thanks to tax advantages and decades of compound growth, it could end up being one of the hardest working investments you own. See how your super could be working harder with MLC at mlc.com.au
Disclaimer: Products issued by NULIS Nominees (Australia) Ltd as trustee of MLC Super Fund. General information only. Read the PDS & TMD available at mlc.com.au and consider if it’s right for you.
———
In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
———
Get Started Investing is a product of Equity Mates Media.
This podcast is intended for education and entertainment purposes only. Any advice is general advice, and has not taken into account your personal financial circumstances. Before acting on general advice, you should consider if it is relevant to your needs. If you are unsure, please speak to a financial professional. The hosts of this podcast and their guests may have positions in the companies mentioned. Equity Mates Media is part of the Betashares group but maintains editorial independence.
Equity Mates Media operates under Australian Financial Services Licence 540697.
Hosted on Acast. See acast.com/privacy for more information.