Take control of your financial future in 2022 πŸŽ‰

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Australian Finance Podcast 15 min 2 speakers 8 chapters transcribed 3 months ago
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What financial goals should I set for 2022?

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
Here's something worth knowing if you've been meaning to make the switch to a better broker. To celebrate their fifth birthday, Perla are offering three free trades a month for five months if you transfer your portfolio across with a minimum of $1,000. For anyone investing regularly, that's meaningful savings on brokerage that can stay invested instead. Perla is chess-sponsored, built specifically for long-term investors, and now has over $3 billion invested on the platform. If you've been with a platform that doesn't quite fit your strategy anymore, it might be time to take a look. You'll find all of the details at perla.com slash LP slash Rask. That's perla.com slash LP slash Rask.

How can I take actionable steps towards my financial goals?

Owen Rask 1:24
Hey there, here's a quick note. This podcast contains general financial advice only. That means it's not specific to you, your needs, goals or objectives, so don't act on the information until you've spoken with your financial advisor. You'll find our full disclosure, disclaimer and link to our financial services guide in the show notes. Kate Campbell, welcome to this episode of the Australian Finance Podcast.
Kate Campbell 1:46
It's New Year's Eve, bro.
Owen Rask 1:47
It's New Year's Eve, 2022. Of 2021.
Kate Campbell 1:50
Of 2021. We're just about to enter.
Owen Rask 1:52
We're going into 2022. Yes. And obviously, we're recording this in advance because by the time you hear this, Kate is...
Kate Campbell 1:59
Going to be so far down Chapel Street. I have no idea where I'm going to be for New Year's Eve.

What strategies can I use to automate my finances?

Kate Campbell 2:04
Are you going to be in Tasmania? No, that's next year.
Owen Rask 2:07
Oh, that's next year.
Kate Campbell 2:08
No, I'm planning to be in Melbourne for New Year's Eve. For New Year's Eve, right. Yep. We'll see how crazy that gets.
Owen Rask 2:14
Yeah. And I'm planning to be hopefully on the beach.
Kate Campbell 2:17
That'd be nice.
Owen Rask 2:18
Yeah. Hopefully on the beach. Hopefully there's some fireworks. Fireworks, Kate. That's what we want.

How should I approach investing in the new year?

Kate Campbell 2:23
Oh, and don't cause any. But anyway, we're bringing this episode to you today, just a short and sweet one to make sure you're going into 2022 with the right energy and you are going to be the main character of your financial journey next year. Oh boy. Okay. Here we go.
Owen Rask 2:38
So this is going to be a rapid fire kind of episode where we're talking about everything that we've talked about in december and we're bringing this together into the new year and to help you kind of consolidate some of those steps that you should take and get in control so kate what uh like when people are thinking about what are my financial goals what steps should they be taking
Kate Campbell 2:56
Yeah. So go back and listen to our financial goals episode if you haven't. But if you've got some time today and you're just sitting around waiting for the night to happen, take some time to think about your financial goals for 2022. What do you want to achieve in the short, medium and long term? Maybe it's Saving up for a new phone, going on a holiday, maybe you're adding some extra money to your super for retirement. Thinking a little bit about your financial goals for the year and writing them down and putting some steps to action them. We've got a whole episode dedicated to financial goals, but I think this takes the right energy into 2022.

What are some tips for maintaining accountability in my financial journey?

Kate Campbell 3:30
Thinking about how are you going to actually realize some of the things you want to achieve with your finances.
Owen Rask 3:34
If you're trying to find ways to pay for your childcare and also save money, that might be one of your goals. How do I figure this out?

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