The Savings Squad Adele Martin

It really depressing that the recent Gratton study shows today’s young Australians are in danger of being the first generation in memory to have lower living standards than their parents’ generation.

So I think its more important then ever for parents to teach kids about money.

So in this episode I cover my 5 top money habits to teach kids:



* Spend/ Save / Share

* How do you talk about money

* Lead by example

* Part Time Job

* Conscious Spending



 

The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

So excited to have our first international guest Jessica Garbarino on The Savings Squad Podcast. 

Jessica shares how she paid off $56,000 USD of debt (that’s about $80k Australian) in just a few years. 

We cover lots in this episode including: 



* How Jessica regained motivation when she went off track

* How she was able to curb her impulse spending  

* What she wishes she did differently 

* How Jessica used the debt snowball method and why it worked for her

* The best money advice Jessica has ever received



 

Links

You can connect further with Jessica on any of the below:



* https://everysingledollar.com/

* https://www.facebook.com/everysingledollar

* https://www.instagram.com/jessicagarbarino/



Heres the Dave Ramsey debt snowball method Jessica used



* https://www.daveramsey.com/blog/get-out-of-debt-with-the-debt-snowball-plan



 

 

The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

In this episode, I talked to AJ from The Joy Box all about Tiny Houses.

Tiny houses are something that is growing in popularity in the USA, Japan & Canada and we are starting to see the trend here in Australia.

AJ was only the 4th person in Australia to have a Tiny House so she is a real expert in this space.

She has also been a real estate investor for over 20 years so she is going to take us through the financial advantages to putting a tiny house on your land as well as how it can help solve Australia’s housing affordability.

NOTES



* Follow AJ Tiny House journey at The Joy Box https://www.thejoybox.com.au/

* Book: Rich Dad Poor Dad https://www.booktopia.com.au/rich-dad-poor-dad-robert-t-kiyosaki/prod9781612680194.html

* Book: What I Didn’t Learn In School But Wished I Had https://www.bookdepository.com/What-I-Didnt-Learn-at-School-But-Wish-I-Had-Jamie-McIntyre/9780958192217

* 30 Day Minimalist Challenge https://www.theminimalists.com/game/



The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

This is the last of our Fast 5 Savings Tips. Tip number 5 is perhaps the most important thing to remember when you are saving money and that is to make sure you allow for FUN !!

In this episode we cover:



* why its important to allow for fun (even if you have credit card debt)

* how you can use your bank accounts to make it easy to stick to your fun budget

* how lifestyle creep (going from passion pop to moe) could be impacting your savings plan



If you haven’t already make sure you join our Facebook community The Savings Squad and look at the Units section for more resources (like videos, workbook, script etc) to help support your Fast 5 challenge.

The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

When we work with clients we help them figure out what success looks like for them. It often doesn’t equate to having more money. Often its wanting to do more travel. 

So when I saw that my business buddy and mentor Sean Soole was heading around Australia with his wife and primary aged kids for a year I thought this would make an inspiring podcast interview. 

In this interview we cover:



* What they did to prepare for their trip

* How they dealt with school on the road

* Their favourite places they visited

* Sean tips for travelling in a caravan

* Heaps more that will leave you inspired and wanting to visit a caravan expo



If you have any questions for Sean Soole then you can ask him inside The Savings Squad Facebook community

The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.

The Fast 5 are savings tips that you can easily implement to save you money so you can have more money to spend on the things you love.

This is tip number 4 and its all about reviewing your subscriptions (the things you pay each month). In this episode I share:



* how to assess if you are getting value from your subscriptions

* how I have got caught out with app subscriptions and how you can avoid my mistake

* looking for alternatives



I hope you enjoy this episode as much as I did creating it

PS: make sure you checkout the Learning Section inside The Savings Squad Facebook group as there are lots of free resources to support the Fast 5

The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.