In this episode of the Australian Finance Podcast, Gemma Mitchell is joined by Milli Russell for a practical Q&A covering some of the money questions that can feel small in the moment but have a huge impact over time.
They unpack what a 21-year-old should focus on if buying a first home is only 12 months away, including why speaking to a mortgage broker early matters, what lenders may look for, and how to think about cash flow before you apply. From there, they break down the difference between offset accounts and redraw facilities, when flexibility matters, and why the tax treatment of a future investment property can make that choice more important than people realise.
Gemma and Milli also talk through what to do if you think you have received bad financial advice, including when to go back to the adviser, when to escalate a complaint, and what role AFCA and ASIC can play. They also answer a thoughtful question about retirement boredom and explain how returning to work can interact with super, pension accounts and future contributions.
Along the way, they share an update on the Finders Keepers savings challenge and highlight some of the small changes that can create surprisingly meaningful savings momentum.
