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914b wwgd: 3 properties, young kids, working part-time & what next?

4/8/202656 min

Learn how to be a better investor with 'The Quick-Start Guide to Investing' book: https://www.investingbook.com.au/

Three properties, two young kids, both working part-time. Sophia* joins Glen to unpack whether selling an investment property, reducing debt and rethinking their strategy could set them up better long term or if they’re at risk of overcomplicating a strong position.

👉🏼 Sophia's situation: 3 properties, young family, part-time setup

👉🏽 spending, savings & cashflow gap

👉🏾 insurance, super & financial foundations

👉🏿 property portfolio & assets

👉🏻 lifestyle goals

👉 their desire to “semi-retire”

👉🏼 Glen’s take on the situation and what he would do

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This content is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs.You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions within our content for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we don’t know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. Guest opinions are theirs and their respective licence holders. SYMO Interactive Pty Ltd and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Please read our Financial Services Guide at moneypodcast.com.au.


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First 90 seconds
  1. Glen James· Host0:00

    [upbeat music] Today on the show we're doing a "What would Glen do?" Hey, if you are new to the show, uh, people write in, uh, with questions that they wanna know what I would do. Now, I'll say a heap of stuff based on, uh, our guest's situation. Um, if you disagree with what I say, that is totally okay because remember, this is "What would Glen do?" And there is only, thank the Lord, only one Glen James. [chuckles] Um, so we're here, we're creating entertainment, we're giving our listeners some ideas of stuff to think about in their own situation, and broadly at the end of these types of calls, our guests can go and get their own personal financial advice, uh, in relation to their own personal situation. Today, I'm joined by Sophia. She is, um... she's got a lot going on, which is really cool. Uh, her husband, Ethan, isn't with me today. If you are watching on YouTube, you will see maybe already that Sophia's face is blurred out. We really wanna try and do as many, uh, "What would Glen dos" as possible. It is my preference to try and have someone's face, but if I think there's a good enough situation to talk to, I will, uh, do everything I can to make it anonymous and/or change the name. So Sophia is with me today

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