SugarMamma’s Fireplay

Canna Campbell SugarMammaTV
  • 4.9 (42)
  • Investing
  • Updated Weekly

Having been a Financial Planner for over 15 years, I have seen first hand how money problems can breed stress. Often, people make wrong money decisions because the world of finance can be intimidating and confusing. This podcast cuts through the jargon and provides practical, accessible financial education and empowerment - so you can build sustainable wealth and help achieve financial freedom. You will also hear real-life success stories from people who have transformed their finances and be empowered by valuable advice from industry experts. So join me for the start of a bold and brilliant financial future and growing community. For immediate access to all my content follow @SugarMammaTV@CannaCampbellofficial xCC

  1. 7 Ways To Relieve Mortgage Pressure Right Now - Home Loan Help

    3d ago

    7 Ways To Relieve Mortgage Pressure Right Now - Home Loan Help

    So many Australians feel financially exhausted right now.  If you need help reviewing your mortgage, understanding your options or improving your cashflow structure, Adam can be contacted here: Adam.mccabe@bluelantern.com.au or 0423 685 133 Please know that I do not receive any benefit both upfront and ongoing if you work with Adam. I am grateful for his time and the value that he gives us and the peace of mind that I get knowing that if you do work with Adam, that you are in very capable hands.  Back to the cost of living crisis and raising interest rates...most households have already: cut discretionary spending cancelled subscriptions reduced eating out delayed holidays tried budgeting harder …but mortgage and rent pressure and cost of living stress still feel overwhelming. This episode is about: practical options creating breathing room reducing stress understanding available tools acting early rather than avoiding the issue Key message: “Sometimes the goal during a difficult season is not getting ahead financially overnight. Sometimes the goal is simply stabilising and protecting your home.” INTRODUCTION TALKING POINTS Mortgage stress is affecting many Australians Even financially responsible households are struggling People often don’t realise there may be options available Today’s episode = practical strategies, not panic Adam will explain: benefits risks costs long-term considerations Transition: “Adam, let’s walk through 7 ways Australians may be able to relieve some mortgage pressure right now.” 1. ASK YOUR BANK FOR A BETTER RATEDiscussion Points Many loyal customers are paying unnecessarily high rates Banks often reserve sharper pricing for new customers Small reductions can create meaningful monthly savings People should regularly review their rate Example $750,000 mortgage: What does a 0.25% reduction potentially save monthly? What does it save yearly? Important Notes Ask politely but confidently Mention competitor rates Use a broker if needed Risks / Considerations Fixed loans may have break costs Cheapest rate is not always the best loan structure 2. EXTEND YOUR LOAN TERM TO REDUCE REPAYMENTSDiscussion Points Extending from say 25 years back to 30 years Reduces minimum repayments Creates short-term breathing room Key Message “This can be about survival and stability, not failure.” Risks / Costs More interest paid long term Slower debt reduction Should ideally be reviewed later when finances improve 3. REFINANCE YOUR MORTGAGEDiscussion Points Better rates Improved cashflow Better loan features Debt consolidation opportunities High Interest Debt Discussion Credit cards personal loans buy now pay later debt Important Message “The earlier people act, the more options they generally have.” Risks / Considerations Extending short-term debt over 30 years Fees and refinancing costs Need discipline to avoid re-building debt 4. SPEAK TO YOUR BANK EARLY ABOUT FINANCIAL HARDSHIPDiscussion Points Many people avoid this conversation out of fear or shame Banks may offer temporary support options Support is usually easier BEFORE repayments are missed Potential Options repayment pauses reduced repayments temporary interest only restructuring Emotional Talking Point “Avoidance usually increases stress.” Important Reminder Seeking help early is smart and proactive 5. UTILISE OFFSET & REDRAW FACILITIES PROPERLYDiscussion Points Many people don’t fully understand offsets Savings sitting in offset reduce interest charged Offset = flexible emergency buffer Example $10,000 sitting in an offset against a $750,000 mortgage: how much interest may potentially be saved? Redraw Discussion difference between redraw vs offset accessibility discipline Risks / Considerations Redraw rules can change Tax implications for future investment strategies (general mention only) 6. REVIEW REPAYMENT FREQUENCY & LOAN STRUCTUREDiscussion Points Weekly/fortnightly repayments can reduce interest faster BUT may worsen cashflow stress for some households Important Nuance “The mathematically optimal strategy isn’t always the best strategy for your mental health or cashflow right now.” Discussion Areas Switching temporarily back to monthly repayments Timing cashflow with salary cycles Reviewing split loans Simplifying structure Risks / Considerations Monthly repayments may increase total long-term interest slightly But may improve immediate breathing room 7. CONSIDER TEMPORARY INTEREST-ONLY REPAYMENTSDiscussion Points Can significantly reduce repayments short term Creates breathing room during difficult periods Should be strategic and temporary Important Framing “There is no shame in needing breathing room.” Risks / Costs Higher long-term interest costs Slower principal reduction Not suitable forever Lending criteria apply KEY THEMES TO REPEAT THROUGHOUT EPISODE Seek help early Don’t ignore the problem Cashflow management matters Protect your mental health There is no shame in adjusting strategy temporarily Every household situation is different Long-term plans can be adjusted during difficult seasons CONCLUSIONFinal Talking Points Many Australians are feeling overwhelmed right now Mortgage stress is incredibly common There are often more options available than people realise Small adjustments can create meaningful breathing room Early action creates more flexibility Final message: “The goal right now may simply be stability — and that is completely okay.”   See omnystudio.com/listener for privacy information.

    26 min
  2. START HERE: Debt Recycling, CGT Changes & a Baby on the Way: Should We Change Our Wealth Plan?

    6d ago

    START HERE: Debt Recycling, CGT Changes & a Baby on the Way: Should We Change Our Wealth Plan?

    Debt Recycling, CGT Changes & a Baby on the Way: Should We Change Our Wealth Plan? In this Start Here episode, Canna answers a thoughtful question from a listener who is debt recycling their mortgage into a share portfolio while preparing to welcome their first child. With ongoing discussion around proposed changes to Capital Gains Tax (CGT) and Negative Gearing, many investors are understandably wondering whether they should rethink their long-term wealth building strategy. In this episode, Canna explains what these potential changes could mean, who may actually be impacted, and why reconnecting with your financial goals is often more important than reacting to political headlines. In This Episode: ✔️ What debt recycling is and how it works ✔️ Why negative gearing and debt recycling are not necessarily the same thing ✔️ How proposed tax changes may affect investors differently ✔️ The key difference between investing for capital growth and passive income ✔️ Why CGT only becomes relevant when you sell an asset ✔️ When it may be worth seeking personalised financial advice ✔️ The additional risks of borrowing to invest when starting a family ✔️ Why emergency savings become even more important during major life transitions ✔️ Reviewing personal insurance when children arrive ✔️ The role superannuation should continue to play in your long-term wealth strategy ✔️ How to avoid making emotional decisions based on financial headlines ✔️ Why financial flexibility often matters more than chasing the perfect tax outcome Key Takeaway Governments change.Tax rules change.Markets change. But timeless wealth-building principles remain remarkably consistent: • Stay diversified• Manage debt carefully• Protect your cashflow• Build emergency reserves• Review your strategy regularly• Invest with purpose• Focus on long-term goals rather than short-term noise The most successful investors are often not those who predict the future perfectly, but those who build resilient financial plans that can adapt as life changes. General Advice Warning The information discussed in this episode is general advice only and does not take into account your personal objectives, financial situation or needs. Before making any financial decisions, consider seeking advice from a licensed financial adviser, accountant or mortgage broker. Connect With Canna 📚 Author of The $1,000 Project, Mindful Money and Financial Freedom 🎙️ Host of SugarMamma’s Fireplay 📱 Instagram:@SugarMammaTV@CannaCampbellOfficial 🌐 Learn more at  SugarMammaTV 💡 Work With Me Want more support on your financial journey? Here’s how we can work together: The SugarMamma Budget & Cashflow AcademySick of living paycheque to paycheque or feeling overwhelmed by your money?This course includes aone-on-one appointment with me so I can personally help you.👉 Enrol here Money Mindset & Manifestation MentorshipJoin my program for ongoing support, clarity, and motivation around the way to show up and work on your financial goals and dreams, including attracting the life that you want. Get started here. 📚 My Books If you’re ready to deepen your financial knowledge, check out my books: Best Seller:The $1000 Project **Mindful Money](https://amzn.to/3RV0poc) Motivated Money by Peter Thornhill(a huge inspiration for me): Read it here (These are Amazon affiliate links to my own books.) 🌟 Stay Connected & Inspired Instagram:@SugarMammaTV — money, budgeting, cashflow & motivation Instagram:@CannaCampbellofficial — lifestyle, capsule wardrobe fashion, motherhood Substack Quiet Wealth: https://substack.com/@sugarmammaquietwealth Keynote speaking book via canna@sugarmamma.tv TikTok:@SugarMammaTV YouTube:SugarMammaTV — over 500 bite-sized videos with more than 12 million views! Website:SugarMammaTV.com Don’t forget my other podcast:How Do They Afford That? 👉 Listen here ⚖️ General Advice Warning While we discuss financial topics, everything shared here is general information only — never personal, product, or investment advice. Always: Do your own research. Weigh up the pros, cons, fees, caps, taxes, and risks. Seek professional advice before making financial decisions. 📜 Financial Planning License Details The information in this podcast does not take into account your personal circumstances, goals, or needs. Always read relevant Product Disclosure Statements before acquiring any financial product, and seek independent financial advice where appropriate. Canna Campbell is an Authorised Representative and Financial Adviser of Links Licensee Services Pty Ltd (AFSL No. 700012 | ABN 97 678 975 589). #DebtRecycling #CapitalGainsTax #CGT #InvestingAustralia #AustralianShares #PassiveIncome #FinancialFreedom #MoneyMindset #WealthBuilding #FinancialPlanning #MortgageStrategy #BorrowingToInvest #PersonalFinanceAustralia #StartHere #SugarMammasFireplay #FinancialEducation #InvestingForBeginners #MoneyPodcast #FinancialSecurity #FamilyFinance See omnystudio.com/listener for privacy information.

    24 min
  3. Fast Fashion, Fake Identity & The Hidden Cost of Consumer Culture - Carlz Soderstrom

    Jun 14

    Fast Fashion, Fake Identity & The Hidden Cost of Consumer Culture - Carlz Soderstrom

    Have you ever opened your wardrobe and felt like you had nothing to wear… despite owning so much? In this episode of SugarMamma’s Fireplay, I sit down with Carlz J Soderstrom — a lifestyle photographer and visual storyteller whose work explores the deeper cultural shifts behind consumerism, identity and modern fashion. What started as a conversation about Australian fashion quickly unfolds into something much bigger. Together, we unpack: Why fast fashion has changed the way we consume The psychology behind overconsumption and “having nothing to wear” How social media is shaping identity through what we buy The disconnect between what’s marketed to us and what’s actually real Whether clothing today is designed to last — or to be replaced And how to reconnect with your own values, style and spending habits This is not just a conversation about clothes. It’s about awareness. Because every unnecessary purchase doesn’t just take up space in your wardrobe… it takes away from your ability to build long-term financial security and freedom. If you’ve ever felt stuck in a cycle of buying more but feeling less satisfied — this episode will change the way you think about fashion, money and yourself. What You’ll Learn: Why modern fashion feels disposable How marketing influences your spending decisions The link between identity and consumer behaviour How to build a more intentional and timeless wardrobe Practical ways to spend less — without sacrificing style Connect with Carlz J Soderstrom: https://www.instagram.com/carlzjsoda/  and this: https://www.instagram.com/reel/DVyF_lrkuTG/  💡 Work With Me Want more support on your financial journey? Here’s how we can work together: The SugarMamma Budget & Cashflow AcademySick of living paycheque to paycheque or feeling overwhelmed by your money?This course includes aone-on-one appointment with me so I can personally help you.👉 Enrol here Money Mindset & Manifestation MentorshipJoin my program for ongoing support, clarity, and motivation around the way to show up and work on your financial goals and dreams, including attracting the life that you want. Get started here. 📚 My Books If you’re ready to deepen your financial knowledge, check out my books: Best Seller:The $1000 Project **Mindful Money](https://amzn.to/3RV0poc) Motivated Money by Peter Thornhill(a huge inspiration for me): Read it here (These are Amazon affiliate links to my own books.) 🌟 Stay Connected & Inspired Instagram:@SugarMammaTV — money, budgeting, cashflow & motivation Instagram:@CannaCampbellofficial — lifestyle, capsule wardrobe fashion, motherhood Substack Quiet Wealth: https://substack.com/@sugarmammaquietwealth Keynote speaking book via canna@sugarmamma.tv TikTok:@SugarMammaTV YouTube:SugarMammaTV — over 500 bite-sized videos with more than 12 million views! Website:SugarMammaTV.com Don’t forget my other podcast:How Do They Afford That? 👉 Listen here ⚖️ General Advice Warning While we discuss financial topics, everything shared here is general information only — never personal, product, or investment advice. Always: Do your own research. Weigh up the pros, cons, fees, caps, taxes, and risks. Seek professional advice before making financial decisions. 📜 Financial Planning License Details The information in this podcast does not take into account your personal circumstances, goals, or needs. Always read relevant Product Disclosure Statements before acquiring any financial product, and seek independent financial advice where appropriate. Canna Campbell is an Authorised Representative and Financial Adviser of Links Licensee Services Pty Ltd (AFSL No. 700012 | ABN 97 678 975 589).   See omnystudio.com/listener for privacy information.

    49 min
  4. START HERE: Is Micro-Investing Enough? What To Know Before You Rely On Micro- investing Apps

    Jun 11

    START HERE: Is Micro-Investing Enough? What To Know Before You Rely On Micro- investing Apps

    In today’s Start Here episode, we’re answering a very common question: 👉 “Is micro-investing enough… and is something like Raiz a good place to start?” If you’ve ever felt unsure about how to begin investing — or you’ve come across apps like Raiz Invest and wondered if they’re the right path — this episode will give you the clarity you need. This is not about right or wrong. It’s about understanding:✔️ How micro-investing works ✔️ Where it fits in your financial journey ✔️ And when it may be time to evolve your strategy 💡 WHAT YOU’LL LEARN In this episode, I break down: What micro-investing actually is and how platforms like Raiz work The power of round-ups and why they’re so effective for building habits The pros of micro-investing (especially for beginners) The hidden limitations that can hold you back long term The difference between a custodian model vs owning investments in your own name What happens when you transition to a traditional platform (including CGT and brokerage) Why investing amounts matter and how parcel size impacts your returns What to look for in a long-term, more powerful investment platform How to build a simple, scalable investing strategy that grows with you ⚖️ KEY TAKEAWAYS Micro-investing is a great place to start, but not always where you should stay Round-ups help build consistency — but they are not a complete investment strategy Fees, structure, and flexibility matter more as your portfolio grows Transitioning platforms may involve capital gains tax and brokerage costs Building wealth long-term often requires larger, more intentional investment contributions Your investing platform should evolve as your confidence, knowledge, and goals grow 🎯 WHO THIS EPISODE IS FOR This episode is perfect for you if: You’re new to investing and want a simple place to start You’ve seen micro-investing apps and feel unsure about them You’re currently using micro-investing and wondering what’s next You want to build long-term wealth in a more intentional and informed way 🔑 MY FINAL THOUGHT Micro-investing can open the door. But it’s what you do after that — your consistency, your learning, and your willingness to evolve — that truly builds wealth. 📣 CALL TO ACTION If you enjoyed this episode, make sure you:✔️ Follow or subscribe to SugarMamma’s Fireplay ✔️ Share this episode with someone who wants to start investing ✔️ And leave a review — it helps more people find this podcast 💡 Work With Me Want more support on your financial journey? Here’s how we can work together: The SugarMamma Budget & Cashflow AcademySick of living paycheque to paycheque or feeling overwhelmed by your money?This course includes aone-on-one appointment with me so I can personally help you.👉 Enrol here Money Mindset & Manifestation MentorshipJoin my program for ongoing support, clarity, and motivation around the way to show up and work on your financial goals and dreams, including attracting the life that you want. Get started here. 📚 My Books If you’re ready to deepen your financial knowledge, check out my books: Best Seller:The $1000 Project **Mindful Money](https://amzn.to/3RV0poc) Motivated Money by Peter Thornhill(a huge inspiration for me): Read it here (These are Amazon affiliate links to my own books.) 🌟 Stay Connected & Inspired Instagram:@SugarMammaTV — money, budgeting, cashflow & motivation Instagram:@CannaCampbellofficial — lifestyle, capsule wardrobe fashion, motherhood Substack Quiet Wealth: https://substack.com/@sugarmammaquietwealth Keynote speaking book via canna@sugarmamma.tv TikTok:@SugarMammaTV YouTube:SugarMammaTV — over 500 bite-sized videos with more than 12 million views! Website:SugarMammaTV.com Don’t forget my other podcast:How Do They Afford That? 👉 Listen here ⚖️ General Advice Warning While we discuss financial topics, everything shared here is general information only — never personal, product, or investment advice. Always: Do your own research. Weigh up the pros, cons, fees, caps, taxes, and risks. Seek professional advice before making financial decisions. 📜 Financial Planning License Details The information in this podcast does not take into account your personal circumstances, goals, or needs. Always read relevant Product Disclosure Statements before acquiring any financial product, and seek independent financial advice where appropriate. Canna Campbell is an Authorised Representative and Financial Adviser of Links Licensee Services Pty Ltd (AFSL No. 700012 | ABN 97 678 975 589).   micro investing Australia, Raiz app review, how to start investing Australia, investing for beginners, ETF investing Australia, investing apps Australia, passive income investing, dividend investing Australia, financial freedom Australia, investing strategy beginners, CGT investing Australia, brokerage fees explained, how to invest money   #investingforbeginners #microinvesting #raiz #financialfreedom #passiveincome #moneytips #australianfinance #wealthbuilding #startinvesting #financialeducation See omnystudio.com/listener for privacy information.

    27 min
  5. The Giving Up Trap: Why So Many Australians Feel Financially Stuck (And What To Do Instead)

    Jun 7

    The Giving Up Trap: Why So Many Australians Feel Financially Stuck (And What To Do Instead)

    Why Hard Work Isn’t Paying Off (And The New Way To Build Wealth) Lately, something has shifted. People are working harder than ever…Doing the “right” things…Trying to save, invest, and get ahead… And yet still feeling like they’re falling behind. In this episode, I unpack the growing sense of financial frustration and what economists are calling the “giving up cliff”— where people begin to disengage from their financial future because the traditional path no longer feels achievable. But this isn’t about fear. It’s about awareness… and more importantly, a new path forward. We explore: Why home ownership is no longer the only definition of success The emotional and psychological impact of feeling financially stuck And how to rebuild hope, control, and momentum through a different approach to wealth Including a practical framework to start building long-term, growing passive income — with simple, realistic steps you can take today. 🎧 What You’ll Learn Why so many Australians feel like the goalposts keep moving What “financial nihilism” is — and why it’s so dangerous The concept of the giving up cliff and how it impacts behaviour Why relying solely on property as a wealth strategy may be limiting How to shift your focus to income-producing assets The role of superannuation as your long-term investment engine A step-by-step approach to getting started with passive income 🧭 Your Practical Starting Steps If you’re feeling stuck or overwhelmed, start here: Define your passive income goal→ Look at your current living expenses to estimate how much income you need each year Understand your risk profile→ Build a strategy you can stick to through market ups and downs Expand your knowledge beyond property→ Learn about shares, ETFs, and LICs as accessible wealth-building tools Master the fundamentals→ Compounding, reinvesting income, long-term thinking, and (when appropriate) gearing Engage with your superannuation→ Review your investments, understand your fees, and consider contributions where possible Start small — but start→ Consistency matters more than perfection 💡 Key Takeaway Financial freedom is not about owning a home. It’s about building income that supports your life. And when you focus on that… You don’t just build wealth. You rebuild hope, agency, and control. NB: Recored pre Federal Budget Night 🎙 Listen & Subscribe If you enjoyed this episode, make sure you’re following SugarMamma’s Fireplay so you never miss an episode. And if you have a moment, leaving a review helps more people find this podcast and start their own journey toward financial independence. ✨ Closing Reflection “Sometimes the most powerful thing you can do…is stop chasing the old path…and start building your own.” 💡 Work With Me Want more support on your financial journey? Here’s how we can work together: The SugarMamma Budget & Cashflow AcademySick of living paycheque to paycheque or feeling overwhelmed by your money?This course includes aone-on-one appointment with me so I can personally help you.👉 Enrol here Money Mindset & Manifestation MentorshipJoin my program for ongoing support, clarity, and motivation around the way to show up and work on your financial goals and dreams, including attracting the life that you want. Get started here. 📚 My Books If you’re ready to deepen your financial knowledge, check out my books: Best Seller:The $1000 Project **Mindful Money](https://amzn.to/3RV0poc) Motivated Money by Peter Thornhill(a huge inspiration for me): Read it here (These are Amazon affiliate links to my own books.) 🌟 Stay Connected & Inspired Instagram:@SugarMammaTV — money, budgeting, cashflow & motivation Instagram:@CannaCampbellofficial — lifestyle, capsule wardrobe fashion, motherhood Substack Quiet Wealth: https://substack.com/@sugarmammaquietwealth Keynote speaking book via canna@sugarmamma.tv TikTok:@SugarMammaTV YouTube:SugarMammaTV — over 500 bite-sized videos with more than 12 million views! Website:SugarMammaTV.com Don’t forget my other podcast:How Do They Afford That? 👉 Listen here ⚖️ General Advice Warning While we discuss financial topics, everything shared here is general information only — never personal, product, or investment advice. Always: Do your own research. Weigh up the pros, cons, fees, caps, taxes, and risks. Seek professional advice before making financial decisions. 📜 Financial Planning License Details The information in this podcast does not take into account your personal circumstances, goals, or needs. Always read relevant Product Disclosure Statements before acquiring any financial product, and seek independent financial advice where appropriate. Canna Campbell is an Authorised Representative and Financial Adviser of Links Licensee Services Pty Ltd (AFSL No. 700012 | ABN 97 678 975 589).     See omnystudio.com/listener for privacy information.

    17 min
  6. START HERE: Super Insurance Premiums Are Rising! Should You Cancel, Switch or Stay?

    Jun 4

    START HERE: Super Insurance Premiums Are Rising! Should You Cancel, Switch or Stay?

    Insurance inside superannuation is one of the most misunderstood — and often overlooked — parts of your financial plan. In this Start Here episode of SugarMamma’s Fireplay, I answer a powerful listener question from Cat, who is facing a 35% increase in her insurance premiums inside her super fund. Feeling overwhelmed, she’s wondering: Should she switch super funds? Should she cancel her insurance? Or is there a smarter way to manage these rising costs? If you’ve ever questioned whether your insurance is worth it — or worried about how it’s impacting your super balance — this episode will give you the clarity and confidence to move forward. 🎯 What This Episode Covers ✔️ Why insurance premiums inside super are rising ✔️ How to assess what you’re actually paying for (and if it’s worth it) ✔️ The hidden impact of insurance premiums on your long-term super balance ✔️ Why many Australians are underinsured — and the risks of cancelling cover too soon ✔️ How to adjust your insurance (without making costly mistakes) ✔️ The pros and cons of switching super funds for cheaper premiums ✔️ What you must do before cancelling or replacing any insurance policy ✔️ The concept of self-insuring over time — and how to build towards it ✔️ When to seek personal advice from a licensed financial planner 💡 Key Takeaways Insurance is not just a cost — it’s protection for your income, family and future Premium increases are frustrating, but knee-jerk decisions can be costly Understanding your policy features can reveal opportunities to reduce premiums Insurance inside super is convenient — but it can erode long-term compounding if left unchecked As your wealth grows, your reliance on insurance can gradually reduce The goal is not to cancel cover — but to refine it over time ⚠️ Important Reminder This episode is general advice only and does not take into account your personal circumstances. Before making any decisions about your insurance or superannuation, consider speaking with a licensed financial planner who can provide tailored advice. 🌿 Signature Reflection “Financial confidence doesn’t come from reacting quickly… it comes from understanding your options and choosing wisely.” 📩 Have a Question? If you’d like your question answered in a future Start Here episode, you can send me a DM or email — completely confidential. canna@sugarmamma.tv    superannuation insurance Australia, life insurance inside super, TPD insurance super, income protection insurance Australia, rising insurance premiums, superannuation strategy, financial planning Australia, reduce insurance premiums, self-insuring strategy, passive income and financial independence, how much insurance do I need Australia See omnystudio.com/listener for privacy information.

    19 min
  7. Rent vs Buy: The Wealth Manager's Strategy That Could Make You Wealthier?

    May 31

    Rent vs Buy: The Wealth Manager's Strategy That Could Make You Wealthier?

    Hello and welcome back to SugarMamma’s Fireplay 🔥 This episode is one that may challenge everything you’ve been taught about money, property, and what it really means to build wealth. Because for many Australians, buying your home is seen as the ultimate financial milestone — a symbol of success, security, and stability. But what if that belief isn’t always the best financial move? In this episode, I sit down with Sydney-based wealth manager Mark Welsh, who has made the conscious decision to rent — despite having the financial capacity to buy property. Find Mark here: https://epgwealth.com.au/about-team/  Together, we explore: Whether home ownership is truly a wealth-building strategy… or a lifestyle choice When renting and investing can outperform buying The concept of rentvesting and how it works in real life The discipline required to make a rent-and-invest strategy successful The risks and realities of long-term renting Who this strategy is best suited for (and who should avoid it) How to decide what’s right for your own financial journey This is not about saying one path is right or wrong. It’s about understanding your options, your behaviour, and your long-term goals — so you can make confident, informed decisions about your money. Whether you’re a homeowner, aspiring buyer, or currently renting, this conversation will give you a fresh perspective on what building wealth can actually look like. ⚠️ Important Disclaimer: This episode is general information only and does not take into account your personal financial situation, needs or objectives. Please seek professional advice before making financial decisions. 💡 Key Takeaway: Wealth is not built by following the crowd — it’s built by understanding your strategy and staying consistent. 🎧 Loved this episode? Make sure you’re following SugarMamma’s Fireplay and share it with someone who is currently navigating the rent vs buy decision. 💡 Work With Me Want more support on your financial journey? Here’s how we can work together: The SugarMamma Budget & Cashflow AcademySick of living paycheque to paycheque or feeling overwhelmed by your money?This course includes aone-on-one appointment with me so I can personally help you.👉 Enrol here Money Mindset & Manifestation MentorshipJoin my program for ongoing support, clarity, and motivation around the way to show up and work on your financial goals and dreams, including attracting the life that you want. Get started here. 📚 My Books If you’re ready to deepen your financial knowledge, check out my books: Best Seller:The $1000 Project **Mindful Money](https://amzn.to/3RV0poc) Motivated Money by Peter Thornhill(a huge inspiration for me): Read it here (These are Amazon affiliate links to my own books.) 🌟 Stay Connected & Inspired Instagram:@SugarMammaTV — money, budgeting, cashflow & motivation Instagram:@CannaCampbellofficial — lifestyle, capsule wardrobe fashion, motherhood Substack Quiet Wealth: https://substack.com/@sugarmammaquietwealth Keynote speaking book via canna@sugarmamma.tv TikTok:@SugarMammaTV YouTube:SugarMammaTV — over 500 bite-sized videos with more than 12 million views! Website:SugarMammaTV.com Don’t forget my other podcast:How Do They Afford That? 👉 Listen here ⚖️ General Advice Warning While we discuss financial topics, everything shared here is general information only — never personal, product, or investment advice. Always: Do your own research. Weigh up the pros, cons, fees, caps, taxes, and risks. Seek professional advice before making financial decisions. 📜 Financial Planning License Details The information in this podcast does not take into account your personal circumstances, goals, or needs. Always read relevant Product Disclosure Statements before acquiring any financial product, and seek independent financial advice where appropriate. Canna Campbell is an Authorised Representative and Financial Adviser of Links Licensee Services Pty Ltd (AFSL No. 700012 | ABN 97 678 975 589).   See omnystudio.com/listener for privacy information.

    32 min
  8. START HERE: Should We Sell an Investment Property to Keep Our Home?

    May 28

    START HERE: Should We Sell an Investment Property to Keep Our Home?

    With the rising cost of living placing pressure on households, many families are being forced to make incredibly difficult financial decisions. In this episode of Start Here, Canna responds to a listener who is considering selling an inherited investment property to relieve financial stress and stay afloat. This is a complex situation involving cashflow pressure, tax implications, lending structures, long-term wealth, and emotional considerations — particularly when the asset belongs to one partner. This episode unpacks the key things to understand before making a decision, and the conversations that need to happen to protect both short-term stability and long-term financial security. 🔑 KEY TOPICS COVERED The reality of cost of living pressure on Australian households When selling an asset can provide short-term financial relief Understanding cashflow vs wealth building The importance of seeking professional advice before selling Capital gains tax implications on inherited property How ownership history impacts tax obligations Why your lending structure and bank approval matters The risks of cross-collateralisation Protecting a partner’s financial independence and long-term wealth The emotional weight of selling an inherited family asset The importance of having a plan to replace lost assets Strategies to rebuild wealth: Superannuation contributions Long-term investing Debt recycling (under guidance) Exploring alternative options before selling Balancing family goals vs financial sustainability ⚠️ IMPORTANT CONSIDERATIONS Selling an asset is often irreversible Tax obligations and selling expenses an significantly reduce net proceeds Short-term relief can create long-term financial gaps Both partners must feel heard, respected, and protected Decisions should be made with full financial clarity — not pressure 🧠 KEY LESSONS Cashflow problems require immediate attention, but not rushed decisions Always understand the true net outcome after tax and costs Protecting both partners’ financial futures is essential Wealth-building assets should not be sold without a clear replacement strategy Financial decisions are rarely just about money — they involve values, emotions, and relationships ✅ NEXT STEPS Before making any decisions: Speak to an accountant → Understand capital gains tax and net sale proceeds Speak to your mortgage broker or lender → Confirm loan structure and implications of selling Consider speaking to a licensed financial planner → Explore strategies to rebuild wealth and protect long-term goals Have an open and honest conversation as a couple → Align on short-term needs vs long-term vision 💬 QUOTABLE MOMENTS “Just because something solves a short-term problem doesn’t mean it’s the right long-term decision.” “Cashflow keeps you afloat — but assets build your future.” “The goal isn’t just to survive today, but to protect your tomorrow.” “Sometimes the hardest financial decisions aren’t about numbers — they’re about values and trade-offs.” 💡 Work With Me Want more support on your financial journey? Here’s how we can work together: The SugarMamma Budget & Cashflow AcademySick of living paycheque to paycheque or feeling overwhelmed by your money?This course includes aone-on-one appointment with me so I can personally help you.👉 Enrol here Money Mindset & Manifestation MentorshipJoin my program for ongoing support, clarity, and motivation around the way to show up and work on your financial goals and dreams, including attracting the life that you want. Get started here. 📚 My Books If you’re ready to deepen your financial knowledge, check out my books: Best Seller:The $1000 Project **Mindful Money](https://amzn.to/3RV0poc) Motivated Money by Peter Thornhill(a huge inspiration for me): Read it here (These are Amazon affiliate links to my own books.) 🌟 Stay Connected & Inspired Instagram:@SugarMammaTV — money, budgeting, cashflow & motivation Instagram:@CannaCampbellofficial — lifestyle, capsule wardrobe fashion, motherhood Substack Quiet Wealth: https://substack.com/@sugarmammaquietwealth Keynote speaking book via canna@sugarmamma.tv TikTok:@SugarMammaTV YouTube:SugarMammaTV — over 500 bite-sized videos with more than 12 million views! Website:SugarMammaTV.com Don’t forget my other podcast:How Do They Afford That? 👉 Listen here ⚖️ General Advice Warning While we discuss financial topics, everything shared here is general information only — never personal, product, or investment advice. Always: Do your own research. Weigh up the pros, cons, fees, caps, taxes, and risks. Seek professional advice before making financial decisions. 📜 Financial Planning License Details The information in this podcast does not take into account your personal circumstances, goals, or needs. Always read relevant Product Disclosure Statements before acquiring any financial product, and seek independent financial advice where appropriate. Canna Campbell is an Authorised Representative and Financial Adviser of Links Licensee Services Pty Ltd (AFSL No. 700012 | ABN 97 678 975 589).   cost of living crisis Australia, selling investment property Australia, inherited property tax Australia, capital gains tax property Australia, financial stress families Australia, mortgage pressure Australia, cashflow management, financial planning Australia, should I sell my investment property, property vs cashflow decision, debt strategy Australia, protecting financial future couples See omnystudio.com/listener for privacy information.

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4.9
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About

Having been a Financial Planner for over 15 years, I have seen first hand how money problems can breed stress. Often, people make wrong money decisions because the world of finance can be intimidating and confusing. This podcast cuts through the jargon and provides practical, accessible financial education and empowerment - so you can build sustainable wealth and help achieve financial freedom. You will also hear real-life success stories from people who have transformed their finances and be empowered by valuable advice from industry experts. So join me for the start of a bold and brilliant financial future and growing community. For immediate access to all my content follow @SugarMammaTV@CannaCampbellofficial xCC

Information

  • Creator
    Canna Campbell SugarMammaTV
  • Years Active
    2020 - 2026
  • Episodes
    311
  • Rating
    Clean
  • Copyright
    © 2026 Canna Campbell SugarMammaTV
  • Show Website
    SugarMamma’s Fireplay

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