How to stop being a hot money mess: Using data to fix your finances

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Australian Finance Podcast 42 min 3 speakers 6 chapters transcribed 3 months ago
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What is Christian Hull's money story and coaching framework?

Owen Rask 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 Rask 0:45
This podcast is proudly brought to you by Perla, the official brokerage platform of Rask. With Perla, you can effortlessly automate your money, whether you're investing in ETFs or shares from Australia or the US stock market. Whether you're a grandparent or setting up a kid's account or your own account, you can do all of that with full automation on Perla.com. If you want to learn more, head to Perla.com slash Rask. And of course, before you invest in anything, be sure to read the legal documents like the PDS and FSG. Thanks for watching this Rask podcast.
Gemma Mitchell 1:20
If you've been following along our series with Christian Hull, where we make over the money mess that he is, welcome back. If you haven't seen the other episodes, make sure you head to episode one. This is where the chaos begins. It's absolutely hilarious. Episode two was Owen and I diving into the framework that is money coaching and what we're putting in place to help make over Christian's money mess. And today is episode three, three out of five part series, and we are diving into the data. We are talking with a Pocketsmith expert and we're going through how the data actually helps you make better decisions regardless if you're in christian's position or you're thinking that you're doing okay with your money the data really helps so let's dive in
Owen Rask 2:04
Welcome to the Australian Finance Podcast by Rask. Together, we will improve your relationship with money, discover the world of investing, save more money, and design the life you want. Please don't forget to subscribe to the show on Apple, Spotify, YouTube, or wherever you get your podcasts because we share at least two wonderful episodes every week. You should know that our favorite episodes drop on a Monday and a Friday with bonuses on Wednesdays. Finally, to hear more from us and get show notes and all those other wonderful things like free courses, head to rask.com.au to find us online.
Gemma Mitchell 2:49
Andrew, welcome back to the podcast.
Andrew Fisher 2:52
Thanks, Gemma. It's good to be back.
Gemma Mitchell 2:53
I absolutely loved the first episode that we did and we talked lots about your story and how tools like Pocketsmith can really help people, how the data is important. But for those that aren't familiar with you, do you want to dive in? Tell us a little bit about yourself and the work that you do.
Andrew Fisher 3:09
Sure. So my background has been in finance systems and consulting. I recently spent 10 years in the Workday ecosystem, so working with medium to large enterprises to implement financial systems. I was a consultant there and then as a people leader as well. So About three or four years ago, I discovered the Rask podcast and became aware of the Pocketsmith app and decided I should move off my spreadsheets, practice what I preach and move on to an app. So I've been using Pocketsmith for about three and a half years now. My initial focus with it was just spend tracking, but quickly realized it could do a lot more. For me, I found it fairly natural to start using it, but I realised for someone without my background, it could be quite overwhelming.
Andrew Fisher 4:01
So I had a conversation with Owen January last year and bounced an idea of starting a coaching business focused on sort of personal finance systems and Pocketsmith. So since then, I wrapped up my career at Workday last year, took a bit of a break, and I've since launched my coaching business.

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