In this episode, our hosts chat with expert millennial Glen James, financial advisor and podcast host of “My Millennial Money”. Glen’s business and podcast focuses primarily on millennial financial goals and “sorting your money out”. We get the lowdown from Glen on how millennials are achieving their financial goals, what they are doing to save for their deposit and whose advice should they be listening to; is mum and dad’s financial advice enough?

Here’s what we covered:
How are millennials currently borrowing?
Who can you trust to advise you on your money?
Why advice from previous generations is out-dated.
What is eating up your savings?
Why should you ‘lose’ your credit card?
How has spending, savings and borrowing changed between generations?
Are subscriptions eating up your cash flow?
Why you don't need a credit card to build your credit score.
Are Millennials locked out of the property market?
How to engage the most appropriate professional advice.

This weeks dumbo:
Why Should you not buy property because you can.

Elephant rider boot camp
Rentvesting vs dream home

RELEVANT EPISODES:Episode 116 | Property & TaxesEpisode 124 | Martin NorthEpisode 128 | Trends in property investment

GUEST LINKS:Home Buyers Academy - RentvestingSort your money out - online course

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: info@gooddeeds.com.au

Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: hello@wealthful.com.au

Buy the book - AUCTION READY How to buy property at auction even though you’re scared s#!tless:www.getauctionready.com.au Use the coupon ELEPHANT for your 30% listener discount.

Send in your questions to: questions@theelephantintheroom.com.au

EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded on 4 June, 2020.

In this episode, our hosts chat with expert millennial Glen James, financial advisor and podcast host of “My Millennial Money”. Glen’s business and podcast focuses primarily on millennial financial goals and “sorting your money out”. We get the lowdown from Glen on how millennials are achieving their financial goals, what they are doing to save for their deposit and whose advice should they be listening to; is mum and dad’s financial advice enough? Here’s what we covered: <ul> <li style="font-weight: 400;">How are millennials currently borrowing?</li> <li style="font-weight: 400;">Who can you trust to advise you on your money?</li> <li style="font-weight: 400;">Why advice from previous generations is out-dated.</li> <li style="font-weight: 400;">What is eating up your savings?</li> <li style="font-weight: 400;">Why should you ‘lose’ your credit card?</li> <li style="font-weight: 400;">How has spending, savings and borrowing changed between generations?</li> <li style="font-weight: 400;">Are subscriptions eating up your cash flow?</li> <li style="font-weight: 400;">Why you don't need a credit card to build your credit score.</li> <li style="font-weight: 400;">Are Millennials locked out of the property market?</li> <li style="font-weight: 400;">How to engage the most appropriate professional advice.</li> </ul> This weeks dumbo: <ul> <li style="font-weight: 400;">Why Should you not buy property because you can.</li> </ul> Elephant rider boot camp <ul> <li style="font-weight: 400;">Rentvesting vs dream home</li> </ul> RELEVANT EPISODES:<a href="https://www.theelephantintheroom.com.au/podcasts/116" target="_blank" rel="noopener">Episode 116 | Property & Taxes</a> <a href="https://www.theelephantintheroom.com.au/podcasts/124" target="_blank" rel="noopener">Episode 124 | Martin North</a> <a href="https://www.theelephantintheroom.com.au/podcasts/128" target="_blank" rel="noopener">Episode 128 | Trends in property investment</a> GUEST LINKS:<a href="https://www.homebuyeracademy.com.au/research/rentvesting" target="_blank" rel="noopener">Home Buyers Academy - Rentvesting</a> <a href="https://www.sortyourmoneyout.com/online-course" target="_blank" rel="noopener">Sort your money out - online course</a> HOST LINKS:Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au" target="_blank" rel="noopener">www.gooddeeds.com.au</a> Work with Veronica: <a href="mailto:info@gooddeeds.com.au" target="_blank" rel="noopener">info@gooddeeds.com.au</a> Looking for a Mortgage Broker? <a href="https://www.wealthful.com.au/" target="_blank" rel="noopener">www.wealthful.com.au</a> Work with Chris: <a href="mailto:hello@wealthful.com.au" target="_blank" rel="noopener">hello@wealthful.com.au</a> Buy the book - AUCTION READY How to buy property at auction even though you’re scared s#!tless:<a href="http://www.getauctionready.com.au" target="_blank" rel="noopener">www.getauctionready.com.au</a> Use the coupon ELEPHANT for your 30% listener discount. Send in your questions to: <a href="mailto:questions@theelephantintheroom.com.au" target="_blank" rel="noopener">questions@theelephantintheroom.com.au</a> EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded on 4 June, 2020.

Who's really in control when you buy a property?

The Elephant In The Room is where the things that no one wants to talk about, actually get talked about.  

Veronica Morgan, real estate agent, buyers agent and co-host of Foxtel’s Location Location Location Australia & Chris Bates, financial planner, mortgage broker and wealth coach have joined forces to find out what’s really going on in the world of real estate.

Veronica and Chris talk to property owners and buyers every day in their respective lines of business. They’ve observed a wide spectrum of confidence in people’s decision making ability when buying and selling property, often to the detriment of the individuals concerned. They are both fascinated by consumer behaviour and together they’re going to uncover who’s really making the decisions when you buy a property.

In each episode they get into the psyche of buyers, agents, auctioneers and other industry experts to learn the truth about how buyers are influenced and why they do the things they do. In every episode you’ll learn from the mistakes of a “property dumbo” as well as Chris & Veronica’s “elephant rider bootcamp” training session.

The plan? This property podcast has been created to help us all make better property decisions!

We talk about the things no one wants to talk about in the Property Market

The Elephant In The Room Property Podcast | Inside Australian Real Estate

Everything millennials (and those who love them) need to know but were afraid to ask

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