Jul 14

Should I Pay Off My Mortgage or Start Investing? It All Comes Down to Your Why.

Money has a way of shining a light on the beliefs we don't even realise we're holding. This episode begins with a moment of real honesty as Darlene reflects on her son's recent engagement, the unexpected emotions it brought up, and the way it encouraged her to truly walk her walk. And Mel gets real about the challenge of running a business you're truly passionate about while also trying to show up for your family in the ways that matter most. From there, we tackle one of the biggest questions we hear from clients: should you pay off your mortgage, or start investing? While there's no one-size-fits-all answer, the best financial decisions start with understanding what's important to you. We chat about: Why personal growth often means learning to let go (even when it's hard) Why having a clear purpose matters more than chasing an arbitrary financial goal How taking a long-term approach can help you build wealth with confidence Plus, in our educational segment, we explore the important topic of coercive control and financial independence We're your big-sister hotline as we unpack what coercive control can look like when it comes to money, why everyone should be informed when it comes to family finances, and how maintaining visibility can provide confidence, security and choice. As always, we hope this conversation encourages you to reflect on your own money story and remember that the best financial decisions are the ones that align with your values and the life you want to build. ABOUT THE MONEY COLLECTIVE PODCAST Financial Wellbeing with The Money Collective brings together the stories and experiences of working with thousands of Australians when it comes to money. It's a no-holds-barred, honest podcast. Darlene Neu and Mel Pearce have been working in banking and finance for over 50 years and break down the barriers that we face every day when it comes to our relationships, families and finances. READY TO GO ON THE JOURNEY OF FINANCIAL WELLBEING? 📊Know your cost of living by listing your expenses with our handy spending review spreadsheet: https://www.themoneycollective.com.au/resources 💬Book a time with us to ⁠chat about money⁠ to ask questions and talk all things financial wellbeing, home loans, and more. Email team@themoneycollective.com.au⁠ ✨Take action and uplift your own level of financial wellbeing with our online course: https://www.themoneycollective.com.au/onlinecourse

Jun 30

Retirement, Relationships and Making Sure You're on the Right Track

This episode, we're tackling a topic that comes up in conversations with clients all the time: "I think I'm doing okay, but I just want to check." For many people, the question isn't really "How much money do I need?", but rather "Am I on the right track?" Darlene is honest about her aversion to retirement, sharing why the idea of stopping work has never appealed to her and how differently she and her husband view this stage of life. Meanwhile, for Mel, retirement isn't something she spends much time thinking about at all, preferring to focus on living a meaningful life today. In this episode, we chat about: Why retirement means different things to different people The importance of purpose, contribution and meaning The difference between retiring because you want to and retiring because you think you should Why so many people wonder "Am I on the right track?" when it comes to money The value of asking "what if?" and preparing for life's unexpected twists and turns Why it's important to enjoy life today while still planning for tomorrow Plus, in our educational segment, we discuss why money can be one of the most challenging topics for couples to navigate, the importance of open and honest communication, and some of the green flags we look for when partners are financially aligned. As always, it all comes down to understanding our individual money stories – and being open to understanding others' stories too. We hope you enjoy the episode and it encourages you to think about yours more deeply. ABOUT THE MONEY COLLECTIVE PODCAST Financial Wellbeing with The Money Collective brings together the stories and experiences of working with thousands of Australians when it comes to money, this is no holds barred, honest podcast. Darlene Neu and Mel Pearce have been working in banking and finance for over 50 years and break down the barriers that we face everyday when it comes to our relationships, families and finances. READY TO GO ON THE JOURNEY OF FINANCIAL WELLBEING? 📊Know your cost of living by listing your expenses with our handy spending review spreadsheet: https://www.themoneycollective.com.au/resources 💬Book a time with us to ⁠chat about money⁠ to ask questions and talk all things financial wellbeing, home loans, and more. Email team@themoneycollective.com.au⁠ ✨Take action and uplift your own level of financial wellbeing with our online course: https://www.themoneycollective.com.au/onlinecourse

Jun 2

Navigating Divorce and Separation (Plus Why Your Money Story Matters)

This week, we're exploring two topics that have a huge impact on our financial wellbeing – navigating separation and divorce, and understanding the money stories that shape our decisions (and our lives). Inspired by the conversations we have every day at The Money Collective, we discuss why it's never too early to understand your financial position, know your options, and start planning for the future if you're wondering what life might look like beyond your current relationship. In our Money Truths segment, Darlene shares a relatable story about her daughter Lily's first big spending decision, while Mel makes a passionate case for spending money on the things that bring you genuine joy – including Taylor Swift concerts. In this episode, we chat about: How planning ahead can help reduce stress and uncertainty during separation and divorce The importance of communication, transparency and financial visibility within relationships What to consider when making decisions about mortgages, debt and future financial security How understanding your values can help guide difficult financial decisions Plus, in our educational segment, we explore one of our favourite topics: money stories. We unpack how the beliefs we've inherited about money can influence our behaviours, shape our sense of self-worth, and keep us stuck in patterns that no longer serve us. We also share practical ways to start identifying your own money story, understanding how it may be influencing your financial decisions, and beginning to create a healthier relationship with money. ABOUT THE MONEY COLLECTIVE PODCAST Financial Wellbeing with The Money Collective brings together the stories and experiences of working with thousands of Australians when it comes to money, this is no holds barred, honest podcast. Darlene and Mel have been working in banking and finance for over 50 years and break down the barriers that we face everyday when it comes to our relationships, families and finances. READY TO GO ON THE JOURNEY OF FINANCIAL WELLBEING? 📊 Know your cost of living by listing your expenses with our handy spending review spreadsheet: https://www.themoneycollective.com.au/resources 💬 Book a time with us to ⁠chat about money⁠ to ask questions and talk all things financial wellbeing, home loans, and more. Email team@themoneycollective.com.au⁠ ✨ Take action and uplift your own level of financial wellbeing with our online course: https://www.themoneycollective.com.au/onlinecourse

May 20

What To Do When You Can't Get Ahead

We are back with an episode talking about something we know a lot of people are feeling right now. It's that frustrating sense that no matter how hard you work or how much you try to be responsible, you just can't seem to get ahead – or even stay on top of your day-to-day expenses. Mel kicks things off with an honest money update of her own, sharing why her family has gone back through the numbers and tightened spending. Darlene talks about the money lessons that come with having a teenager earning her first pay cheque – and why letting kids work things out for themselves is sometimes the most valuable lesson of all. We unpack what to do when you feel like you're constantly treading water financially, how to get a clear picture of where your money is actually going, and why understanding your numbers can be confronting, but incredibly empowering. In this episode, we chat about: The shame that comes from feeling like you're struggling financially – and how to move through it How a spending review can help you stop guessing, face the reality of your finances, and make clearer decisions Why feeling stuck isn't always about how much you earn – and often comes back to your systems, habits and mindset Why prioritising your financial wellbeing is just as important as making time for your mental and physical wellbeing Plus, in our new educational segment, we break down the changes to negative gearing and capital gains tax, and what they could mean if you own an investment property or are planning to buy one If you've been feeling stressed about money lately, we hope this is a helpful reminder that you're not alone. ABOUT THE MONEY COLLECTIVE PODCAST Financial Wellbeing with The Money Collective brings together the stories and experiences of working with thousands of Australians when it comes to money, this is no holds barred, honest podcast. Darlene and Mel have been working in banking and finance for over 50 years and break down the barriers that we face everyday when it comes to our relationships, families and finances. READY TO GO ON THE JOURNEY OF FINANCIAL WELLBEING? Know your cost of living by listing your expenses with our handy spending review spreadsheet: https://www.themoneycollective.com.au/resources Book a time with us to ⁠chat about money⁠ to ask questions and talk all things financial wellbeing, home loans, and more. Email team@themoneycollective.com.au⁠ Take action and uplift your own level of financial wellbeing with our online course: https://www.themoneycollective.com.au/onlinecourse

12/15/2025

Ep 25 | Kids, Cars & First Homes: New Rules for First Home Buyers

The Podcast duo are back! 🎉 Mel and Darlene are back, mics on and hearts full, wrapping up a massive year of business, family and money lessons – and looking ahead to 2026. In this episode, they kick off with two big real-life money stories from home: Willow saving 50% of his first-year apprenticeship wage to buy his first car (and why Mum didn't just hand over the cash), and Logan learning the hard way what it feels like to run out of money at uni – and how DoorDash, ABNs and "running a tiny business" all tie into financial resilience. Then they dive into what everyone's talking about: the revamped First Home Guarantee Scheme and what it means for: First home buyers trying to crack the market Parents who want to help without accidentally disempowering their kids Anyone wondering if now is a "good time" to buy or if they should wait They unpack: How the First Home Guarantee works now (no income caps, higher price caps, unlimited places) Why it's suddenly created a wave of first home buyer activity The impact on prices, pre-approvals and bank turnaround times Units vs houses vs lifestyle – how your values should shape what you buy How home loan repayments actually work (hello amortisation tables) and why most of your early repayments are interest Simple ways to pay less interest over time using extra repayments and offset accounts 💻 Want to play with the numbers? Check out our home loan repayment calculator and amortisation table on The Money Collective website and start to see how extra repayments or an offset could change your timeline. 👂 Got a question for a future episode? Send us your curly money question or first home buyer dilemma and we might chat through it on the pod. This podcast is general in nature and doesn't take into account your personal situation. Always seek personalised advice before making big money decisions.

06/10/2025

S3 Episode 8: How to set a realistic budget

IN THIS EPISODE Is your budget just a spreadsheet you set and forget, or worse, avoid entirely? In this refreshingly honest and empowering episode of The Money Collective Podcast, Mel Pearce and Darlene Neu unpack what it really means to create a realistic budget in today's financial climate. From the rising cost of living to the emotional load of managing money in relationships and families, they cover it all with their signature warmth, humour, and practical know-how. Through real-life stories, financial truths, and a little tough love, Mel and Darlene explore why traditional budgeting often fails and how to shift your mindset to something more sustainable. You'll learn how to track past spending, link your budget to your personal values and goals, and build a system that actually works for your life stage. Whether you're rebuilding after a setback or simply want to stop feeling like you're "doing it wrong," this conversation will leave you feeling seen and more importantly, equipped. So, how do you build a budget that supports your life without restricting your joy? And how do you balance saving for the future with making memories today? Tune in to discover how to take control of your finances in a way that feels empowering, not punishing. READY TO GO ON THE JOURNEY OF FINANCIAL WELLBEING? Know your cost of living by listing your expenses with our handy spending review spreadsheet: https://www.themoneycollective.com.au/resources Book a time with us to ⁠chat about money⁠ to ask questions and talk all things financial wellbeing, home loans, and more. Take action and uplift your own level of financial wellbeing with our online course: https://www.themoneycollective.com.au/onlinecourse

06/03/2025

S3 Episode 7: Interview with Property Expert Mark Brown

IN THIS EPISODE Darlene interviews seasoned real estate expert and community coach Mark Brown to explore the human side of buying and selling property. With over 25 years in the industry, Mark shares valuable insights on how to choose the right agent, what makes a great negotiator, and why trust and communication are everything in real estate. From money stories to goal setting, Mark also reflects on the personal philosophies that have shaped his career and life. We dive into the emotional journey of selling a home, the power of clear goals, and why openness is key when negotiating. Plus, Mark brings his trademark warmth and generosity as he shares powerful lessons from both sport and small business. Whether you're buying, selling, or just love a good story this episode is full of practical wisdom and heart.

05/27/2025

S3 Episode 6: How To Optimise Your Home Loan

IN THIS EPISODE Mel and Darlene dive into the incredibly powerful topicof optimising your home loan. Whether you're a seasoned mortgage holder or just trying to figure out what "offset" actually means, this episode is unmissable.With over 50 years of finance experience between them, Mel and Darlene unpack practical strategies to help you save thousands and shave years off your home loan, all while keeping it real, relatable, and even a little bit funny. Think refinancing is the only way to save money onyour mortgage? Think again. Mel and Darlene walk through the top methods to reduce your loan term, including paying more than the minimum, reviewing your rate regularly, and understanding the surprisingly big impact of small extra repayments. They also cover how to spot bank tricks, get proactive with your budgeting, and take back control from the lender. At the heart of the episode is one big question: Whatwould life look like without a home loan? Hear how even modest changes to your repayment strategy today could mean freedom, flexibility, and lifestyle choices tomorrow. To check the amortization schedule on your home loan and see what is still owing at any point in time, enter your details in our calculator here and see your details in the 'Loan amortisation table' tab: https://www.themoneycollective.com.au/repayment Interest rates have reduced since our recording of this episode. To check the RBA rate currently, see it here: https://www.asx.com.au/markets/trade-our-derivatives-market/futures-market/rba-rate-tracker To discuss your home loan and repayments, book a time withus. Further Support Money can bring up a lot of emotion. If you felt triggered by some of the things we discussed in this episode please reach out to us or see some supports you may wish to reach out to below. Lifeline Australia: 13 11 14 or SMS 0477 13 11 14 https://www.lifeline.org.au/ Beyond Blue: 1300 22 4636 https://www.beyondblue.org.au/get-support National Debt Helpline: 1800 007 007 https://ndh.org.au/ Fair Work Ombudsman: https://www.fairwork.gov.au/employment-conditions/national-employment-standards Financial Counselling Australia: https://www.financialcounsellingaustralia.org.au/ White Ribbon Australia: https://www.whiteribbon.org.au/helplines/ MensLine Australia on 1300 789 978 Suicide Call Back Service on 1300 659 467 Headspace on 1800 650 890

Financial Wellbeing with The Money Collective

Should I Pay Off My Mortgage or Start Investing? It All Comes Down to Your Why.

Retirement, Relationships and Making Sure You're on the Right Track

Navigating Divorce and Separation (Plus Why Your Money Story Matters)

What To Do When You Can't Get Ahead

Ep 25 | Kids, Cars & First Homes: New Rules for First Home Buyers

S3 Episode 8: How to set a realistic budget

S3 Episode 7: Interview with Property Expert Mark Brown

S3 Episode 6: How To Optimise Your Home Loan

About

Information

Financial Wellbeing with The Money Collective

Episodes

Should I Pay Off My Mortgage or Start Investing? It All Comes Down to Your Why.

Retirement, Relationships and Making Sure You're on the Right Track

Navigating Divorce and Separation (Plus Why Your Money Story Matters)

What To Do When You Can't Get Ahead

Ep 25 | Kids, Cars & First Homes: New Rules for First Home Buyers

S3 Episode 8: How to set a realistic budget

S3 Episode 7: Interview with Property Expert Mark Brown

S3 Episode 6: How To Optimise Your Home Loan

About

Information