Jessica Brady | Bridging the gap in financial literacy

07/05/20 • 61 min

The Elephant In The Room Property Podcast | Inside Australian Real Estate

In today's episode our hosts chat with Jessica Brady, financial planner and co-founder of Fox & Hare Financial Advice, which specialises in providing financial advice to young couples and individuals. We discuss the gap between women and men and their financial literacy levels, why you should discuss your financials with your partner and how to find the most appropriate advice.

Here’s what we covered:

Why women have a lack of confidence in their financial literacy.
Why women usually defer their financials to their partner.
Why is it crucial to share details of financials with your partner?
What happens when men take on more risk than women.
How to start talking about money.
What honest conversations should you start having with your partner.
Why should you be getting financial advice earlier in life?

This weeks Dumbo:

Using credit cards and personal loans to get the deposit

RELEVANT EPISODES:Episode 97 | Jacqui Pollock Episode 111 | Sharon Bradley Episode 130 | My Millennial Money

GUEST LINKS:https://www.ladiestalkmoney.com.au/part-oneHome Buyer Academy Facebook Live Q&A for First Home Buyers - Wednesdays at 7.30pmhttps://www.facebook.com/HomeBuyerAcademyAUS/

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: [email protected]

Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]

Buy the book - AUCTION READY How to buy property at auction even though you’re scared s#!tless:www.getauctionready.com.au Use the coupon ELEPHANT for your 30% listener discount.

Send in your questions to: [email protected]

See omnystudio.com/listener for privacy information.

Here’s what we covered:

Why women have a lack of confidence in their financial literacy.
Why women usually defer their financials to their partner.
Why is it crucial to share details of financials with your partner?
What happens when men take on more risk than women.
How to start talking about money.
What honest conversations should you start having with your partner.
Why should you be getting financial advice earlier in life?

This weeks Dumbo:

Using credit cards and personal loans to get the deposit

RELEVANT EPISODES:Episode 97 | Jacqui Pollock Episode 111 | Sharon Bradley Episode 130 | My Millennial Money

GUEST LINKS:https://www.ladiestalkmoney.com.au/part-oneHome Buyer Academy Facebook Live Q&A for First Home Buyers - Wednesdays at 7.30pmhttps://www.facebook.com/HomeBuyerAcademyAUS/

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: [email protected]

Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]

Buy the book - AUCTION READY How to buy property at auction even though you’re scared s#!tless:www.getauctionready.com.au Use the coupon ELEPHANT for your 30% listener discount.

Send in your questions to: [email protected]

See omnystudio.com/listener for privacy information.

Previous Episode

Ep 130 - Glen James | Young and cashed up: What millennials need to know about borrowing

In this episode, our hosts chat with expert millennial Glen James, financial advisor and podcast host of “My Millennial Money”. Glen’s business and podcast focuses primarily on millennial financial goals and “sorting your money out”. We get the lowdown from Glen on how millennials are achieving their financial goals, what they are doing to save for their deposit and whose advice should they be listening to; is mum and dad’s financial advice enough?

Here’s what we covered:

How are millennials currently borrowing?
Who can you trust to advise you on your money?
Why advice from previous generations is out-dated.
What is eating up your savings?
Why should you ‘lose’ your credit card?
How has spending, savings and borrowing changed between generations?
Are subscriptions eating up your cash flow?
Why you don't need a credit card to build your credit score.
Are Millennials locked out of the property market?
How to engage the most appropriate professional advice.

This weeks dumbo:

Why Should you not buy property because you can.

Elephant rider boot camp

Rentvesting vs dream home

RELEVANT EPISODES:
Episode 116 | Property & Taxes
Episode 124 | Martin North
Episode 128 | Trends in property investment

GUEST LINKS:
Home Buyers Academy - Rentvesting
Sort your money out - online course

HOST LINKS:
Looking for a Sydney Buyers Agent? www.gooddeeds.com.au
Work with Veronica: [email protected]

Looking for a Mortgage Broker? www.wealthful.com.au
Work with Chris: [email protected]

Buy the book - AUCTION READY How to buy property at auction even though you’re scared s#!tless:
www.getauctionready.com.au
Use the coupon ELEPHANT for your 30% listener discount.

Send in your questions to: [email protected]

EPISODE TRANSCRIPT:
Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…
This episode was recorded on 4 June, 2020.

Next Episode

Suburb Trends July 2020 | Micro vs Macro Markets w/ Kent Lardner

Starting a new line of monthly episodes for the Elephant in the Room Property Podcast, Veronica and Chris team up with Kent Lardner, Director of Suburb Trends to discuss how different states, regions and suburbs perform; and to break down misconceptions of the property market. This month's Suburbs Trends is all about discussing why different regions perform as they do and the correlation between a suburb's inventory and sales.

Here’s what we covered: