Coronavirus Financial Checklist: 5 Money Moves to Make in April 2020

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Australian Finance Podcast 21 min 2 speakers 3 chapters transcribed 3 months ago
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Owen 0:00
Property investors often talk about using debt to build wealth. In the share market, that's called gearing. With the BetaShares WealthBuilder range, investors can access moderate gearing into shares, and with the newly launched GG-BL, That means exposure to a diversified portfolio of around 1,300 global companies excluding Australia, all with no loan applications, credit checks, or margin calls. Gearing magnifies both gains and losses, so it's only suitable for investors with a very high tolerance for risk. You can learn more about the WealthBuilder range of ETFs at the BetaShares website. And don't forget to read the PDS and TMD to decide if it's right for you. BetaShares Capital Limited is the issuer.
Owen 0:45
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Owen 1:27
Please remember that all of the information in this podcast episode is limited to general information only. That means the information is not specific to you, your needs, goals, or objectives. So you should seek the advice of a licensed and trusted financial professional before acting on the information. And before you acquire or apply for a financial product, please read the PDS or product disclosure statement, which should be available on the issuer's website. Lastly, please keep in mind that past performance is not indicative of future performance.
Owen 2:01
In this episode of the Australian Finance Podcast, Kate and I record our first ever video podcast. It's available on the Rask Australia YouTube channel, so you can watch all of our podcasts there going forward. In this episode, we're talking about our five favorite things to do with our money in a coronavirus lockdown. So we talk about superannuation, insurance, budgeting, and so much more. We hope you enjoy this episode of the Australian Finance Podcast. Kate, welcome to our very first video episode of the Australian Finance Podcast.
Kate 2:34
Yeah, we're hoping it works. I've been trying with a few different solutions, but it seems like Zoom's the way to go at the moment.
Owen 2:42
It does. So we're going to jump aboard that train and give it a crack. If you are listening to this on your podcast player, you can head to our YouTube page and you'll be able to find the video recording. Who knows, you might see Kate for the first time ever.
Kate 2:58
I don't make too many video appearances. I usually leave that to Owen, but I've sort of dusted off the clothes from the normal trackies I've been wearing the last few weeks and found something that's video appropriate.
Owen 3:12
Well, you could be wearing trackies because that's below the video, and no judgment here, right? But anyway, what are we talking about today, Kate?
Kate 3:19
So today we thought we'd do a video on five money moves to make while you're stuck inside during April. And I know we're a few weeks in already, but there's definitely a little bit of time left that if you want to tick off one or two things this month to feel like you've made some positive changes with your financial future, we've got some ideas for you in this video.
Owen 3:41
Cool. How many do you have? I've got five.
Kate 3:43
I've got five as well.
Owen 3:45
Look at that. It's like we coordinated beforehand. Sometimes we plan. Why don't we go, you go, I go.
Kate 3:51
Yeah, absolutely. So my first one is probably a very basic one, but it's cancel and go through and cancel any direct debits you have, including subscriptions through your Apple account because that's

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