408 buying Afterpay & Zip Pay shares, using equity to buy a 2nd property + maximising your money


Manage episode 286256495 series 2309481
By SYMO interactive. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Glen hosted the first my millennial money meet up for the year on the sunny Gold Coast! In this episode live audience members asked the following questions:
👉Q1: What are methods for sharing finances with a partner?
👉🏾Q2: How do you withdraw and use equity from a 1st property to buy a 2nd?
👉🏼Q3: What are some of the tax deductions you can claim on an investment property? + what is depreciation and a depreciation schedule?
👉🏽Q4: Is it worth buying shares for businesses like Afterpay & Zip Pay?
👉🏻Q5: Is it worthwhile using Afterpay & Zip Pay if you do have the money upfront but want to split the cost into a series of payments?

Send your questions for the show to questions@mymillennial.money

Check out the my millennial money express series about emergency funds:

Here's the my millennial property episode about depreciation:

Buy your copy of the my money journal to start achieving your goals and support the podcast at the same time: https://bit.ly/mymoneyjournal

Here's the digital download version: http://bit.ly/mymoneyjournaldigital

Get $20 off The Glen James Spending Plan using the code "MAGIC". Link to course below!

For podcast resources, links to our stuff, disclaimers & warnings about this episode + more... check out: https://www.sortyourmoneyout.com/shownotes

🛑 This podcast 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 podcast 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 podcast. SYMO interactive Pty Ltd, the publisher of the podcast, is an authorised representative of MoneySherpa Pty Ltd which holds financial services licence 451289. Please read our Financial Services Guide located at sortyourmoneyout.com. This podcast is intended for residents of Australia.

We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast.

281 episodes