Hey Honeys, What a week!!!

This week we dive into all the changes to your income from July 1. From minimum wage to new income brackets, rebates and the changes to super.

Whether you are an employee wanting to know what your entitlements are, or you're a small business owner and you want to know how these changes affect your employees and your income, we have you covered!

Also all the support for first home buyers is still available and we go over what that means and whether or any of those supports are applicable to you. There are a handful of providers that offer this support and we have linked a list of them down below.

Don't miss out on valuable insights to help you navigate your Happy Money Journey. Enjoy the episode and share your thoughts with us in the comments!

https://www.housingaustralia.gov.au/participating-lenders

Hey honeys on this week's podcast we sit down and talk about the scary side of retirement

We understand the importance of avoiding common money mistakes to secure a stable financial future. In this episode, we delve into key pitfalls that women over 40 should steer clear of.

Firstly, neglecting retirement planning is a major mistake. It's crucial to start early, maximise contributions, and take advantage of tax breaks and diversification within retirement savings. Understanding compound interest and the benefits of starting early can significantly impact your financial future.

Healthcare costs tend to rise as we age, so it's essential to plan for these expenses. Whether it's health insurance, health savings accounts, or regular check-ups, investing in your health now can prevent financial strain later on.

Estate planning is another critical aspect to consider. Having a will, setting up a testamentary trust, and ensuring designated beneficiaries for your accounts can help avoid legal complications and ensure your assets are distributed according to your wishes.

Knowing your financial goals for retirement is key. Whether it's travelling, downsizing, or owning your home, having a clear plan can guide your financial decisions and prepare you for unexpected life events like the death of a spouse or divorce.

Owning your home is emphasised as a crucial step towards financial security in retirement. Stories of individuals facing homelessness or financial instability due to lack of home ownership highlight the importance of this asset.

Managing debt is also essential. Prioritising debt repayment and having an action plan in place can help ensure a debt-free retirement.

By focusing on these points we can take proactive steps towards securing their financial future. Remember, it's never too late to start, but the earlier you begin, the better off you'll be.

Hey there, it's Phoebe Blamey, and I'm thrilled to have you join me on this week's episode of "Your Happy Money Journey." Today, we're diving into beginning with the end in mind.

In this episode, do you have a clear strategy for exiting your current role or business?

When we begin with the end in mind we can make more informed decisions, stay accountable, and achieve greater success.

• We start with your vison and mission statements,
• Then we take a birds eye view of your personal and actual brand from the perspective of a potential employer or buyer
• Know your rules, how contracts, business structures and your industry sells a business or alternatively how your current employment contract might restrict your next move.
• Understand your timeline - how long until you want to retire for good? How long will what you are doing now remain viable?
• Know your definition of done - what are the attributes that will mean you are at the finish line?

This episode is filled with practical tips for implementing your strategy, including viewing your business or role from a buyer or employer's perspective, understanding the rules and regulations, defining your criteria for success, and setting a timeline for your exit or retirement.

How to know when to make a change, especially if your health or well-being is at stake.

So, whether you're just starting out or looking to make a change, this episode offers valuable insights and actionable steps to help you navigate your financial journey with clarity and purpose. Join me next week for more s on "Your Happy Money Journey." Remember to like, subscribe, and engage with us on social media. Enjoy the journey!

More Federal Budget talk incoming! While it isn't thrilling, we must stay informed to understand how it shapes your financial future and to make the most out of it for ourselves and our community.

On this weeks podcast we dive into the details from tax cuts to energy bill relief, HECS debts, and support for small businesses, we break down the key highlights and implications for YOU! We look at the funding allocated to finally address domestic violence, improve education and health, and promote sustainability and innovation in businesses. Tune in to learn about the initiatives, rebates, and support available and be inspired to take action on your own financial journey.

The next 12 months leading up to the election will be crucial in shaping our future. Let's make our voices heard and advocate for policies that align with our values and priorities.

#federalbudget #businessopportunities #budgettalk #taxrelief #communitysupport #innovation #happymoneyjourney

Domestic Violence Support:

https://www.whiteribbon.org.au/helplines/

24/7 contact line

https://www.1800respect.org.au/

24/7 contact line

https://askizzy.org.au/

government service finder for disability and mental health

I am so sorry I’m a wee bit late releasing our podcast! We have had a super busy mortgage broking week over here at @clover_financial

So here we are…and this podcast is worth the wait, trust me! We all know change is inevitable. Often, we can see it coming but find it daunting as we lose control and stability. This podcast on The Happy Money Journey is all about how to finance the next chapter in our lives. I share valuable insights and tips on how to bank roll this next big pivot in your life or business, so you are prepared and can go ahead with confidence.

If you're feeling the urge for change and don’t know where to start, then buckle up and listen here!

As a special treat, we're giving away our Happy Business Journey ebook for a limited time to help kickstart your entrepreneurial journey. Don't forget to check out the worksheet provided in the episode show notes to help you work through your financial needs and vision.

Dive into the episode, grab the worksheet, and let's nail this transformative journey together!

Give Away: https://www.happymoneyjourney.com.au/pl/2147699141

Workbook: https://www.happymoneyjourney.com.au/pl/2148300463

Enjoy the journey, Phoebe xx

Happy Mother's Day!

We hope you're having an amazing and relaxing day full of appreciation and joy.

After all the running around, eating and gift exchanging I have settled down on the couch and reflected on how lucky I am with the family and community that surrounds me.

It's days like these that make you thankful for friends and family and the time you get to spend with your tribe.

For that reason, we want to share with you a recording of the live workshop from our Happy Honey on a Happy Money Journey Facebook group. If you haven't already, click below to sign up and join our little tribe as we guide you on your happy money journey!

https://m.facebook.com/groups/481214136395286/?ref=share&mibextid=lOuIew

#financialempowerment #mothersday #moneylessons #financialindependence #happymoneyjourney #gratitude #womenempowerment