In this Australian Finance Podcast episode, your hosts Owen Rask and James from Rask discuss key decisions 20-somethings face when starting their money journey.
They cover:
- Whether to buy a one-bed apartment or start investing in ETFs
- How the First Home Super Saver Scheme (FHSSS) works
- Planning financially for a career change
- The impact of financial advice and creating buffers
- Lessons from James’ own financial transition journey
Topics Covered
- James’ journey: from retail to financial planner
- How to plan financially for a career change
- Emergency funds and budgeting during a transition
- What is the First Home Super Saver Scheme?
- Is 7% deemed return from FHSSS worth it?
- Should I buy a 1-bed apartment or invest first?
- Why some apartments don’t go up in value
- How household income affects home buying options
- The long-term benefits of ETF investing
- Why “rent money is not dead money”
- Financial planning for starting a family
- Building buffers and mapping your income gap
- James’ best investment (surprising!)
If you like this Australian Finance Podcast episode on navigating your 20s, you’ll love our series. Don’t forget to subscribe for weekly shows on Apple, Spotify, YouTube, or wherever you get your podcasts!
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