In this week’s episode of SugarMamma’s Fireplay, proudly supported by moomoo, I sit down with influential veteran investor Michael McCarthy to talk about something that’s never been more important  getting started with investing.

We break down why investing is no longer optional in today’s world, the growing wealth gap between investors and non-investors, and how new technology — especially AI — is helping level the playing field for everyday Australians.

To check out the moomoo app, you can download it here: https://start.moomoo.com/0tfLnT - not an affiliate link.

Michael shares his professional insights on:

• Why now is the time to take action and become an investor -  especially when you consider the long term impact of inflation.

• How compounding returns and dividends build long-term wealth.

• The key differences between active and passive investing — and how to decide which approach suits you.

• How AI-powered tools inside moomoo are helping investors make more confident and informed decisions.

• Why it’s possible to start small, stay consistent, and still reach financial independence over time.

We also talk about the psychology of getting started — how to overcome hesitation, fear and analysis paralysis — and why waiting for “the perfect time” often costs you more than getting started imperfectly.

This episode will empower you to take that next step, no matter where you are in your financial journey.

💡 My Takeaway:

The longer you wait to start investing, the harder it becomes to catch up. Time is your greatest asset — not timing. With the right mindset, a disciplined plan, and access to powerful tools like moomoo, anyone can begin building wealth and moving closer to financial freedom.

📲 Resources Mentioned:

• Download the moomoo app https://start.moomoo.com/0tfLnT 

• Learn more at www.moomoo.com/au

📝 Disclaimer:

This episode is sponsored by moomoo. All information discussed is general in nature and should not be taken as personal financial advice. Please consider your own circumstances or consult a licensed financial adviser before making investment decisions.

💬 Let’s Keep the Conversation Going

I’d love to hear your thoughts on this episode! Reach out to me anytime on Instagram @SugarMammaTV so we can keep this important conversation alive.

📚 My Books

If you’re ready to deepen your financial knowledge, check out my books:

• Best Seller:The $1000 Project
• **Mindful Money](https://amzn.to/3RV0poc)
• Motivated Money by Peter Thornhill(a huge inspiration for me): Read it here

(These are Amazon affiliate links to my own books.)

💡 Work With Me

Want more support on your financial journey? Here’s how we can work together:

1. The SugarMamma Budget & Cashflow Academy
   Sick of living paycheque to paycheque or feeling overwhelmed by your money?
   This course includes aone-on-one appointment with me so I can personally help you.
   👉 Enrol here
2. Money Mindset & Manifestation Coaching
   Join my program for ongoing support, clarity, and motivation. You’ll get direct access to me and a community of like-minded people ready to make powerful change.
   👉Join here

🌟 Stay Connected & Inspired

• Instagram:@SugarMammaTV — money, budgeting, cashflow & motivation
• Instagram:@CannaCampbellofficial — lifestyle, capsule wardrobe fashion, motherhood
• TikTok:@SugarMammaTV
• YouTube:SugarMammaTV — over 500 bite-sized videos with more than 12 million views!
• Website:SugarMamma.TV
• Don’t forget my other podcast:How Do They Afford That? 👉 Listen here

⚖️ General Advice Warning

While we discuss financial topics, everything shared here is general information only — never personal, product, or investment advice. Always:

• Do your own research.
• Weigh up the pros, cons, fees, caps, taxes, and risks.
• Seek professional advice before making financial decisions.

📜 Financial Planning License Details

The information in this podcast does not take into account your personal circumstances, goals, or needs. Always read relevant Product Disclosure Statements before acquiring any financial product, and seek independent financial advice where appropriate.

Canna Campbell is an Authorised Representative and Financial Adviser of Links Licensee Services Pty Ltd (AFSL No. 700012 | ABN 97 678 975 589).