wwgd: new house & a cashflow crisis coming + did GJ spot a red flag? (ep910b)

Описание: In this "what would Glen do" episode, Julie and her fiancé recently built a home but now a major career change means their household income is about to drop. With a big mortgage, wedding costs coming up and plans to start a family, Julie wants to know: do they need to sell the home? How can they afford everything?

00:06 - how a WWGD episode works
02:13 - Julie’s dilemma
04:30 - salaries, career change & income drop
07:21 - emergency fund, savings & debts
12:15 - spending plan, insurance & financial foundations
16:48 - super balances and financial position
19:21 - the $800k mortgage and house value
21:05 - lifestyle costs and hobbies
24:48 - Glen spots some potential red flags
38:39 - what Glen would do
41:40 - career values and long-term plans

Sort Your Career Out & Make More Money by Glen James & Shelley Johnson: https://www.moneypodcast.com.au/resou...

#personalfinance #moneyadvice #australianfinance #mortgageadvice #financialdecisions #cashflow #propertyadvice #relationshipandmoney #financialplanning #millennialmoney #moneytips #financialpodcast

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This video is for education and entertainment purposes. It is not intended as a substitute for professional financial, tax or legal advice. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement and obtain appropriate financial advice tailored to your needs. We may discuss products, services and answer listener questions on this video for entertainment & illustration purposes only. We may change the name of the questioner for anonymity. It is impossible to give you personal advice on an entertainment video as we do not know the details of your personal financial situation. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies that may be communicated in this video. SYMO interactive Pty Ltd, the publisher of the video, is an authorised representative of MoneySherpa Pty Ltd (as is Glen James) which holds financial services licence 451289. Please read our Financial Services Guide located at moneypodcast.com.au. This video is intended for residents of Australia.

#personalfinance #money #investing #property #retirearly

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