Millennial Wealth
10 episodes - English - Latest episode: over 4 years ago -Matt Chamberlain of Millennial Wealth invites you to join him as we discover where you are in your personal financial journey, guided by the Millennial Map. Along our journey, Matt will help you overcome hurdles including your relationship with money, your struggles with personal debt, the formation of effective financial habits, and the rules of investing that he himself has used to own investment property at the age of 24. All while still enjoying the Millennial's Breakfast, avo-on-toast. Matt Chamberlain, a budding Professional Accountant and astute investor, has graduated from a tertiary degree in Accounting & Finance, and is truly fascinated by money. Definitely NOT a millionaire (yet), Matt is more like you than you think. A public school graduate, Matt has since devoted the last 7 years to continued learning and development, and is now proudly in the 4th quartile of the Millennial Map. Speaking only from experience, Matt's aim is to share tools, tips and tricks with you so that you're in a stronger position to make financial decisions that are important to you. Through his passion for education, let Matt help you find your financial independence, one step at a time.
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Episodes
Ep.9 - Property Investment 101; Why it stacks up
February 17, 2020 14:00 - 36 minutes - 51.2 MBToday Matt helps us understand why real estate may be a foundational aspect of a Millennials investment portfolio. He first discusses what type of Millennial may be interested in property as an asset class before going on to explain how to assess a real estate deal using metrics such as yield and capital growth. At this point, Matt shares a concept called Leverage, which is the main reason he himself invests in real estate. Finally, we finish up by explaining some key market influences on pr...
Ep.8 - My financial story so far
December 01, 2019 04:12 - 41 minutes - 57.9 MBToday Matt aims to be as transparent with you as possible. He starts by explaining his financial journey, which began with doing chores for 5c of pocket money, before going on to calculate his financial position with you. He then explains his future goals, why he’s doing all of this in the first place. Finally, he finishes off by offering you a few tips in how you can get yourself started on the road to financial freedom.
Ep.7.2 - Types of Investment Classes
November 19, 2019 20:14 - 35 minutes - 49.6 MBToday Matt leads on from last weeks episode where we introduced the idea of an Astute Investor. This week, Matt explains to us the four core asset classes, their individual characteristics, and how we can invest in each. He then goes on to explain the concepts of Time Horizon and Risk Tolerance before explaining how these factors have influenced his decision-making when it comes to investing in each of the core asset classes himself.
Ep.7.1 - Crushing your goals as an Astute Investor Pt.1
November 12, 2019 20:35 - 33 minutes - 46.8 MBToday Matt brings us along as he dives head first into what it takes to become an Astute Investor. He begins by giving us some valuable resource tips for further learning, before explaining some tips in getting ourselves in the mindset to get started. Finally he takes us through the reasons why we should be investing and explains the fundamental concept of long-term investing; compound growth. Come along for the ride in the first part of two episodes on the Astute Investor.
Ep.6.2 - Becoming an Effective Money Executive Pt.2 - The Wealth Generator
November 06, 2019 20:32 - 38 minutes - 53.9 MBIn todays episode, Matt introduces us to the Wealth Generator, the financial system which has allowed him to save $50,000 in 5 years, whilst studying full time. He discusses how to set up the Wealth Generator as well as how to automate and allocate this system so we don’t have to worry about it day to day. Finally he walks us through his own personal Wealth Generator with REAL figures, to show you just how easy it is to set up.
Ep.6.1 - Becoming an Effective Money Executive Pt.1
October 28, 2019 07:42 - 38 minutes - 54 MBToday Matt explains the key traits of an Effective Money Executive. He also discusses how a Millennial at this stage in their journey can use the Concept of Two Levers to increase their ability to save, therefore speeding up their journey to financial freedom. Matt briefly touches on the Wealth Generator, a system of allocating and automating our finances (discussed in next weeks episode), before wrapping up with 7 money hacks to increasing our savings. Reach out: matt@yourmillennialwealth...
Ep.5 - The Savings Planner
October 21, 2019 10:18 - 28 minutes - 40.1 MBToday, Matt shares with you, his experience implementing the mindset of a Millennial Savings Planner. We begin by discussing the fundamental mindset shift a Millennial must make if they want for a financially free future. Once he’s drilled that into us a couple thousand times, we then move on to his version of old-fashioned goalsetting; Destination Forecasting. This is where we get to put our new mindset to the test and meet our Maker. Finally, Matt wraps it up by explaining how he implement...
Ep.4 - Are you a Debt Reducer?
October 16, 2019 09:08 - 31 minutes - 44.5 MBToday, Matt talks about the good, the bad and the ugly behind the one thing keeping most Millennials from achieving their financial goals. When used correctly, debt can be the fuel to the Astute Investors fire, but used inappropriately, and it could be the demise of our hopes and dreams. We start by contrasting good and bad debt, before Matt gives explains interest rates and the things to watch out for. The episode is then wrapped up with a conversation over which debts you should tackle f...
Ep.3 - Plotting Your Financial Position: The Millennial Map
October 06, 2019 09:42 - 41 minutes - 58.4 MBIn this weeks episode, Matt continues the foundational series with an introduction to our ‘financial position’. He then goes on to explain why knowing our financial position is so important if we’re planning for our financial future, and how to do a back-of-the-napkin calculation to determine our financial position at any point in time. Next, Matt introduces us all to the Millennial Map, a roadmap for us millennials to plot our current financial position and help see our financial path mor...
Ep.2 - Your Money Psychology; What does money mean to you?
September 30, 2019 13:00 - 28 minutes - 40.3 MBIn this episode, Matt talks about different aspects that make up our psychology around money. He discusses our Money Complexes which are often handed down to us from our parents, some external influences on our psychology such as social media and social context, and finally introduces a study which shows us how we unconsciously spend up to 20% more when paying on credit. REAL LIFE: If you’d like to jump on the podcast and with me your own wealth journey, get in contact: matt@yourmillennial...
Ep.1 - The Journey of a Millennial Seeking Wealth
September 23, 2019 13:00 - 20 minutes - 29.2 MBWelcome to the Millennial Wealth Podcast! In this episode, Matt lays out the purpose of the podcast as well as gives you an insight into his upbringing, and how certain influences have made him the man he is today. Contact: [email protected]