38. Should You DIY Your Entire Finances?
Listen now
Description
In this podcast, we discuss whether outsourcing anything financial makes sense, or whether we should strive to do it all ourselves.  We cover planning, investment portfolios, paying for advice, accounting, budgeting and more. Discussion points... Intro and what we've been up to  (01:13)Choosing and implementing an investment strategy  (03:58)Outsourcing investments and thoughts on financial planners  (11:28)Paying for advice, super and pension rules, and keeping it simple  (19:55)Budgeting and money management  (26:12)Should you do your own accounting?  (30:11)How to make it easier to DIY your finances  (36:28)What if your spouse isn't interested and when to consider getting help  (41:37)Final thoughts  (45:43) Resources and stuff mentioned... How we track our investments:  SharesightPodcast:  Key Investment Principles for Long Term Success Podcast:  How to Manage an Investment PortfolioPodcast:  Fees, Fees, EverywherePodcast:  Why Invest in Index Funds? More from us... Pat's blog:  Life Long ShuffleDave's blog:  Strong Money AustraliaContact us with questions and feedback:  [email protected]
More Episodes
In this episode, we discuss the crackdown on financial content by the regulator ASIC. We share our thoughts on these issues and how it affects what bloggers and podcasters are able to say to their audience.  The restrictions are so frustrating that we have decided to end the show. We've both...
Published 04/18/22
In this episode, we talk about the different taxes we face on our financial journeys.  We discuss taxes on our income and investments, different options for reducing tax, including tax deductions and negative gearing.  We also break down examples of what taxes look like when you're living off a...
Published 04/04/22
Published 04/04/22