Money Madams

Sep 15 2024 156 ep. 31 mins 29
Money Madams Podcast artwork

Two Aussie Girls Amber Parr and Katherine Hayes chat about all things money and career with tips, tricks and insights that you wish you had known years ago. Fortnightly episodes releasing on Mondays, Money Madams delivers practical and easy to understand money and life advice with a sense of humour so you can lead your best Money Madam life.

  Education  Business
RSS feed Share
Copy RSS


Subscribe on Podcast Addict


155 - The Final Episode

Sep 15 2024 22 mins  
This week we celebrate 5 years of the Money Madams podcast and it also marks our final episode. In this final episode we share our favourite take aways on the podcast over the last 5 years. Thank you for listening to us, we hope you enjoyed listening as much as we enjoyed sharing with you.

154 - Bucket Company Strategies

Sep 01 2024 23 mins  
Family Trusts can be a great tool for minimising tax and protecting your assets. One of the downsides to a trust is that the income must be distributed each year, but what if you would prefer to delay receiving that income until a later, lower income earning year? Welcome to the bucket company strategy! In this episode we give some examples of where a bucket company strategy includ

153 Family Trust Basics

Aug 18 2024 31 mins  
In this episode, we talk about Discretionary Trusts and why people use them. They can offer great benefits for the "Beneficiaries", but do you know the difference between an "Appointer" and the "Trustee" and the role of the "Settlor?" We tackle the jargon of the different roles that need to be considered when setting up a trust. So if you have ever wondered if there could be a bene

152 Getting started with Debt Recycling

Aug 04 2024 25 mins  
In this episode we cover the primary methods people use to get started with debt recycling. Some people prefer to take a leap by taking on additional borrowings to invest while others prefer to pay down the loan first, redraw then invest. Some prefer to refinance their loan to a mortgage product specifically designed to optimise debt management. Each approach has it's advantages an

151 - Spousal property transfers as a tool to boost tax deductions

Jul 21 2024 22 mins  
In this episode we cover a couple of strategies to increase tax deductible debt when upgrading the family home via the use of a spousal transfer strategy. When most of us think about this type of scenario, we think of splitting assets when relationships end. Fortunately this strategy is for happy couples wanting to go from single ownership to joint ownership and improve tax deduc

150 Little known strategies to reduce CGT on property

Jun 30 2024 14 mins  
Nothing is more certain than death and taxes, but if you plan well, you can certainly minimise the amount of tax you pay. In this episode we chat about a strategy that isn't very well known that can help minimise or entirely negate capital gains tax being applied to the sale of a former investment property. As with all strategies that involve tax or major assets, be sure to get adv

149 Negative Gearing - 9 mistakes to avoid

Jun 16 2024 30 mins  
Negative gearing is a useful tool that when used well can help you grow your wealth, but like all tools, if it isn't understood or used well, then it could do more harm than good. Tune in to this episode as we chat about the 9 most common mistakes people make when it setting up a negative gearing arrangement.

148 - Granny Flats- 13 Problems to Avoid

Jun 02 2024 25 mins  
With Granny Flats and Tiny Homes rising in popularity as home prices soar or people look to add new sources of income to their lives - we have put together 13 problems that can arise with Granny flats that should be considered before taking the leap.

147 - Federal Budget - What it means for you

May 19 2024 24 mins  
This year was a light on budget, but there was some good news for many... Stage 3 tax cuts, new medicines being added to the PBS saving people tens, or even hundreds of thousands in treatment costs, interest savings for those with HELP debts (or HECS debts if you are old school like us), scheduled boosts to the super contribution rates and a few other measures to boot. So join us a

146 - Upcoming changes to Income Tax rates and Super and what it means for you

May 05 2024 20 mins  
Winter is coming! But so too are Tax cuts and changes to super on 1 July. In this episode we cover the changes and how you can leverage these changes to boost your overall finances both before the end of the financial year and once the changes kick in on 1 July 2024.