Explore every episode of the podcast START WELL®

START WELL® Podcast

Episode 4: Retire Life Ready with James Wrigley

 Episode Overview

In this episode of START WELL®, Dawn speaks with Australian financial adviser, educator, and author James Wrigley abouthow retirement planning insights can help younger generations make better financial decisions today.

Drawing on themes from his book Retire Life Ready,James shares stories and behavioural lessons gathered from years of working with retirees and pre-retirees, revealing patterns that often begin decadesearlier.

Together, we explore purpose beyond retirement, thepsychology of investing, superannuation engagement, generational attitudes toward property, and why starting early matters more than chasing perfect returns.

This episode bridges generations, showing how understanding long-term financial decisions early can create greater confidence, flexibility, and choice later in life.

💬 Discussion Points

Rethinking Retirement

•            Moving beyond the traditional retirement narrative of travel and upgrades

Starting Early & Compounding

•            The “Rule of Twenty” explained simply

•            Compounding through the lens of opportunity lost by starting late

•            Managing fear and avoiding panic selling during market downturns

Superannuation & Early Engagement

•            Why superannuation is a powerful long-term structure

•            When young people should begin engaging with super

•            Breaking inherited fear or disengagement around investing

Property vs Shares & Generational Thinking

•            The cultural pressure for young Australians to buy property

•            How parental bias toward property can shape financial decisions

•            Accessibility of investing through shares versus property ownership

•            Rethinking perceptions of risk across different asset classes

Behavioural Finance & Life Lessons

•            Client case studies and behavioural patterns around money

•            Whether financial fear is learned or inherited

•            How financial literacy conversations evolve across generations

Future Conversations

•            Longevity and changing retirement expectations

•            The evolving role of the Age Pension

•            Moving beyond the traditional three-stage life model

 Book Featured

Retire Life Ready by James Wrigley

A practical, story-driven guide to preparing for retirementthat blends financial education with real client experiences. The book explores wealth building, superannuation, retirement decision-making, and the behavioural side of financial planning, helping readers understand both what todo and why it matters.

Listen & Connect

Listen to START WELL®:
Available on your favourite podcast platform.

Guest:
Follow James Wrigley for accessible financial education and retirement insights across social media.

START WELL® explores how young people can build strong financialfoundations through early engagement, education, and real conversations aboutmoney, behaviour, and long-term decision-making.

General Advice

Warning – This Podcast contains general advice. The information, including tax information and any advice provided in this Podcast, does not take into account your objectives, financial situation or needs. Because ofthat, you should before acting on the advice, consider the appropriateness of the advice, having regard to those things. If the advice relates to a particular financial product, you should obtain the relevant Product Disclosure Statement for any product mentioned and consider its contents before making any decision. You should consider talking to a financial adviser before making a financial decision.  Dawn Thomas is a Senior Financial Adviser and is an authorised representative of TWD Licensee Services Pty Ltd ABN 88 605 064 480Australian Financial Services Licence No.475964 (TWD Licensee Services).

Episode Overview

In this START WELL ® episode, Dawn sits down with ourresident book reviewer Michelle Flanagan to unpack The 100-Year Life by Lynda Gratton and Andrew Scott.

The book challenges the traditional three-stage model oflife (education, career, retirement) and explores what happens when people routinely live into their 90s, 100s and beyond. The book aims to help people see longevity as a gift and not a curse.

Together, Dawn and Michelle discuss how longer lifespanswill reshape careers, financial planning, education, and the way young people think about their future. The conversation brings the ideas in to household conversations.

 In This Episode We Discuss:

Why the “three-stage life” is becoming outdated

The rise of the multi-stage life

What this means for financial planning

Why investing in yourself matters

What this means for young people

If we’re truly heading toward 100-year lives, then financialdecisions in our teens, twenties, and thirties carry even more weight. Startingwell isn’t about perfection, it’s about building habits, skills, and financial confidence early so that a longer life becomes an opportunity rather than a risk.

Book Featured

The 100-Year Life: Living and Working in an Age ofLongevity – Lynda Gratton & Andrew Scott

Listen & Connect

If you enjoyed this episode of the START WELL ®  podcast, share it with a young person in your life or someone thinking about how to design a longer, more flexible future.

And remember: the earlier you engage with your financialstory, the more options you create for the chapters ahead.

General Advice

Warning – This Podcast contains general advice. The information, including tax information and any advice provided in this Podcast, does not take into account your objectives, financial situation or needs. Because of that, you should before acting on the advice, consider the appropriateness of the advice, having regard to those things. If the advice relates to a particular financial product, you should obtain the relevant Product Disclosure Statement for any product mentioned and consider its contents before making any decision. You should consider talking to a financial adviser before making a financial decision.  Dawn Thomas is a Senior Financial Adviser and is an authorised representative of TWD Licensee Services Pty Ltd ABN 88 605 064 480 Australian Financial Services Licence No.475964 (TWD Licensee Services).

Episode 7: Girls Just Wanna Have Funds with Molly Benjamin

In this episode of the START WELL® podcast, we sit down with Molly Benjamin, the author of "Girls Just Wanna Have Funds." Molly's book has been highly recommended for young women seeking to navigate the world of personal finance.

Molly is known for her vibrant approach to personal finance. With a background in communications within the financial sector, Molly brings a unique perspective to money management.

Learning from her own challenges with finances, Molly's journey led her to establish the Ladies Finance Club in 2018, aimed at empowering women to take control of their financial futures.

About "Girls Just Wanna Have Funds":

 Molly's book is not just informative; it's also engaging, fun andrelatable, making finance accessible to all.

The book covers everything from the basics of moneymanagement to more advanced strategies for financial success.

Concepts like risk profiles are explained in relatableterms, such as comparing different types of shoes (Stilettos High Risk High Reward).

Molly's ability to connect with her readers makes them feel like part of her inner circle.

The Birth of Ladies Finance Club:

Over a casual gathering with friends, Molly realized thelack of financial literacy among women and decided to host an informationalevent.

The success of this gathering led to the creation of LadiesFinance Club in 2018, which has since expanded to Australia and gainedwidespread recognition.

With over 35,000 women attending various events andworkshops, Ladies Finance Club has become a trusted resource for financialeducation.

Molly's Mission:

Molly's ultimate goal is to empower women to achievefinancial independence, giving them control and freedom over their lives.

Through her work with Ladies Finance Club and thepublication of her book, Molly is making significant strides in fulfilling hermission.

Join us as we delve into Molly Benjamin's journey and learn how she is empowering women to take charge of their financial destinies.

General Advice

Warning – This Podcast contains general advice. Theinformation, including tax information and any advice provided in this Podcast, does not take into account your objectives, financial situation or needs. Because of that, you should before acting on the advice, consider theappropriateness of the advice, having regard to those things. If the advice relates to a particular financial product, you should obtain the relevant Product Disclosure Statement for any product mentioned and consider its contents before making any decision. You should consider talking to a financial adviser before making a financial decision. Dawn Thomas is a Senior Financial Adviser and is an authorised representative of TWD Licensee Services Pty Ltd ABN 88 605 064 480 Australian Financial Services Licence No.475964 (TWD Licensee Services).

 In Episode 6 episode, we dive into the world of money management and wealth building with Natasha Janssens, the author of "Wonder Woman's Guide to Money."

Natasha shares insights from her book, which is designed specifically for busy women looking to take control of their finances amidst the chaos of daily life.

Key Points Discussed:

Natasha's book is divided into three sections, and in this episode, we focus on the first section, which is all about laying the foundation for financial success.

The book challenges common misconceptions such as not having enough time and not being good with money, providing practical strategies to overcome these barriers.

Lightening the Load:

Natasha emphasizes the importance of lightening the load of commitments and caring duties in life to create space for focusing on money management.

Discussing how couples can share responsibilities at home to free up time for financial planning and self-improvement.

Role Modelling Good Money Management:

Natasha underscores the significance of role modelling good money management practices, especially for children, to instil healthy financial habits from a young age.

Natasha is also the founder of Women with Cents came to Australia as an 18-year-old Serbian refugee with no money and no support. Despite the challenges, she learned quickly from her experiences and has since become an award-winning accountant, mortgage broker, financial planner, and money coach for women. Natasha has been recognized for her outstanding contributions to the finance industry, winning the Women in Finance awards for Women’s Community Program of the Year from 2017 to 2020. She was also named the Institute of Public Accountants ACT Member of the Year in 2017 and 2020.

General Advice

Warning – This Podcast contains general advice. The information, including tax information and any advice provided in this Podcast, does not take into account your objectives, financial situation or needs. Because of that, you should before acting on the advice, consider the appropriateness of the advice, having regard to those things. If the advice relates to a particular financial product, you should obtain the relevant Product Disclosure Statement for any product mentioned and consider its contents before making any decision.You should consider talking to a financial adviser before making a financial decision.  Dawn Thomas is a Senior Financial Adviser and is an authorised representative of TWD Licensee Services Pty Ltd ABN 88 605 064 480 Australian Financial Services Licence No.475964 (TWD Licensee Services).

Episode 5 Start Well® podcast: Money Mindsetfor Kids and Parents with Karen Eley. In this episode, we're exploring the intricate relationship between money mindset and parenting.

Our conversation with Karen Eley underscores the critical role parents play in shaping their children's money mindset. By understanding their own influences, being mindful of language, and adopting intentional strategies, parents can empower their children to navigate the complexities of money with confidence and resilience.

Discussion points:

Understanding Money Mindset Development inChildren: Karen provides insight into how children's brains develop and why ages 2-12 are crucial for shaping money attitudes and behaviors. Discussion on the impact of traumas related to money, illustrating with examples.

Parental Influence and Awareness: Importanceof parents recognizing their own money influences and behaviours, which profoundly shape children's perceptions. Emphasis on parents being on the samepage and conveying consistent messaging about money to children.

The Power of Language in MoneyConversations: Exploring how language used around money - earning, spending, having, and using it - impacts children's understanding and attitudes. Discussion on the emotional dimension of money and its influence on family dynamics.

Intentional Parenting Strategies: Encouragementfor parents to be intentional about the messages they want to impart about money to their children. Suggestions for age-appropriate lessons and activities to foster financial literacy and resilience in kids.

As a Money Mindset Coach: Karen reflects on her role in helping adults explore childhood experiences to uncover patterns in money mindset development. Insights into cultivating financially resilient children based on understanding parental mistakes and challenges.

As a Mother: Balancing motherly instincts with the need to provide teachable moments for children. Acknowledgment of challenges such as mother's guilt while striving to instill financial wisdom in her own kids.

Karen is a Certified Money Coach and former financial adviser, who brings both professional expertise and personal experience as a mother of two boys, aged 12 and 13. She is passionate about helping women navigate financial complexities and cultivate confidence in managing money. Karen is a regular financial commentator on various media platforms, offering practical and psychological insights.

You can connect to Karen via LinkedIn

Women Talking Finance: https://www.womentalkingfinance.com.au/

Money Mindset Quiz: https://quiz.womentalkingfinance.com.au/

Thank you for tuning in to this episode ofthe Start Well™ podcast. Be sure to subscribe for more insightful discussionson how you can talk to the young people in your life about money in anempowering an healthy manner.

General Advice

Warning – This Podcast contains general advice. Theinformation, including tax information and any advice provided in this Podcast,does not take into account your objectives, financial situation or needs.Because of that, you should before acting on the advice, consider theappropriateness of the advice, having regard to those things. If the advicerelates to a particular financial product, you should obtain the relevantProduct Disclosure Statement for any product mentioned and consider itscontents before making any decision.You should consider talking to a financialadviser before making a financial decision. Dawn Thomas is a Senior Financial Adviser and is an authorisedrepresentative of TWD Licensee Services Pty Ltd ABN 88 605 064 480 AustralianFinancial Services Licence No.475964 (TWD Licensee Services).

In today's episode, we're joined by Ana Kresina, the author of "Kids Ain't Cheap" and the host of the "Get Rich Slow Club" podcast.

Ana shares her insights on what individuals preparing for children or already having kids should know about managing finances effectively.

Drawing from her own experiences, Ana discusses navigating career changes, understanding the costs involved in raising children, and accessing government support.

Key Points Discussed:

Money Mindset: Ana emphasizes the importance of addressing your money mindset as a foundational step towards financial well-being. She highlights how irrational blocks to money can hinder success and offers strategies to overcome them.

Ana's book covers various crucial aspects of managing finances related to parenthood.

These topics include:

Understanding the true cost of raising a child.

Making informed career choices post-children.

Equally sharing the caregiving load between partners.

Addressing the issue of the motherhood penalty in the workforce.

Teaching children valuable lessons about money management.

Strategies for investing in children's futures.

Cleaning up one's own financial house for better stability.

Discussion Highlights:

Ana shares practical advice and actionable tips for individuals and families to better handle their finances. She stresses the importance of open communication about money matters within families. Ana encourages proactive financial planning and setting realistic goals to achieve financial security.

Our conversation with Ana Kresina provides valuable insights into navigating the intersection of parenthood and finances.

By addressing money mindset, understanding the costs involved, and implementing sound financial practices, individuals can set themselves and their families up for success.

Be sure to check out Ana's book, "Kids Ain't Cheap," for more in-depth guidance on managing finances in the journey of parenthood.

General Advice Warning – This Podcast contains general advice. The information, including tax information and any advice provided in this Podcast, does not take into account your objectives, financial situation or needs. Because of that, you should before acting on the advice, consider the appropriateness of the advice, having regard to those things. If the advice relates to a particular financial product, you should obtain the relevant Product Disclosure Statement for any product mentioned and consider its contents before making any decision. You should consider talking to a financial adviser before making a financial decision.  Dawn Thomas is a Senior Financial Adviser and is an authorised representative of TWD Licensee Services Pty Ltd ABN 88 605 064 480 Australian Financial Services Licence No.475964 (TWD Licensee Services).

I interview Danielle Ecuyer about her book Shareplicity. We explore how we can introduce key investment concepts to the next generation.

Discussion Points:

Investor Sentiment and Overcoming Fear:

How to address the fear of loss among young investors and provides strategies for managing emotions in investment decisions.

Insights into nurturing a healthy investor mindset from an early age.

Investing in Companies You Love:

The concept of investing in shares not just for financial gain but also to support companies whose products or services resonate with kids.

Danielle brings shares to life by relating them to familiar companies and brands, making investing more relatable and engaging for children.

Impact of Interest Rates and Economic Trends:

Exploring the impact of interest rates on investment decisions and how to explain these concepts in a kid-friendly manner.

Danielle provides insights into how economic trends shape investment opportunities and risks.

The 21st Century Investor:

Discussion on the evolving landscape of investing in the 21st century and the opportunities it presents for young investors, especially in the US share market.

Empowering Future Investors:

Strategies for parents and educators to introduce investment concepts to children in an accessible and engaging way.

Danielle emphasizes the importance of teaching financial literacy from an early age to foster responsible financial habits.

Danielle Ecuyer, author of Shareplicity and Shareplicity 2, anchor of AusBiz, with decades of experience in share investing and a passion for empowering future investors.

Links:

·       Purchase Shareplicity and Shareplicity 2

·       Connect with Danielle on Social Media

General Advice

Warning – This Podcast contains general advice. The information, including tax information and any advice provided in this Podcast, does not take into account your objectives, financial situation or needs. Because of that, you should before acting on the advice, consider the appropriateness of the advice, having regard to those things. If the advice relates to a particular financial product, you should obtain the relevant Product Disclosure Statement for any product mentioned and consider its contents before making any decision. You should consider talking to a financial adviser before making a financial decision.  Dawn Thomas is a Senior Financial Adviser and is an authorised representative of TWD Licensee Services Pty Ltd ABN 88 605 064 480 Australian Financial Services Licence No.475964 (TWD Licensee Services).

In Episode 2 START WELL® podcast, we have the entertaining and engaging Glen James, who hosts one of Australia's most popular finance podcasts, This is Money podcast and is the author of Sort Your Money Out. This episode, we discuss 3 of Glen's resources which are the podcasts episodes 631 B & C in relation of 6 ways to invest for kids, the free cashflow course called the Glen James's Spending Plan and Glen's book Sort Your Money Out.

Glen's mix of humour and intellect in relation to money topics, makes money conversations accessible for most people. We cover the concept of retirement, cash flow, the danger of BNPL and how you can invest for children in different ways.Join the conversation as Glen and Dawn delve into the resources of "This is Money", "Sort You Money Out" and the "Glen James Spending Plan". Explore how you can bring these essential money lessons to the dinner table. Discover the keys to financial freedom, and learn how these discussions can empower you and your family on the path to a prosperous future.

🔗 Subscribe now and visitThe Wealth Designer's Start Well page for additional resources mentioned in this episode.

6 ways to to Invest for children: Episode 631B and 631C of the This is Money Podcast

Glen James Spending Plan: https://education.thisis.money/courses/the-glen-james-spending-plan

General Advice

Warning – This Podcast contains general advice. The information, including tax information and any advice provided in this Podcast, does not take into account your objectives, financial situation or needs. Because of that, you should before acting on the advice, consider the appropriateness of the advice, having regard to those things. If the advice relates to a particular financial product, you should obtain the relevant Product Disclosure Statement for any product mentioned and consider itscontents before making any decision.You should consider talking to a financialadviser before making a financial decision.  Dawn Thomas is a Senior Financial Adviser and is an authorised representative of TWD Licensee Services Pty Ltd ABN 88 605 064 480 Australian Financial Services Licence No.475964 (TWD Licensee Services).

In the inaugural episode of the START WELL® podcast, join host Dawn Thomas as she sits down with the incredible Lacey Filipich, author of the renowned book "Money School." Lacey shares her inspiring journey, winning what she calls the "ovarian lottery" with her money-savvy mom, Fran, who instilled crucial financial lessons from an early age.

From studying chemical engineering to becoming a mining superintendent by 26, Lacey's drive led her to achieve Financial Independence, Time Rich (FI TR) by the age of 31, living off passive income. Her book has become a staple in the finance community, offering a blend of captivating stories and practical tips that cover the financial spectrum.

Join the conversation as Lacey and Dawn delve into the pages of "Money School" and explore how you can bring these essential money lessons to the dinner table. Discover the keys to financial freedom, and learn how these discussions can empower you and your family on the path to a prosperous future.

🔗 Subscribe now and visit The Wealth Designer's Start Well page for additional resources mentioned in this episode.

General Advice

Warning – This Podcast contains general advice. Theinformation, including tax information and any advice provided in this Podcast, does not take into account your objectives, financial situation or needs. Because of that, you should before acting on the advice, consider theappropriateness of the advice, having regard to those things. If the advice relates to a particular financial product, you should obtain the relevant Product Disclosure Statement for any product mentioned and consider its contents before making any decision. You should consider talking to a financial adviser before making a financial decision.  Dawn Thomas is a Senior Financial Adviser and is an authorised representative of TWD Licensee Services Pty Ltd ABN 88 605 064 480 Australian Financial Services Licence No.475964 (TWDLicensee Services).

Get ready for the START WELL® podcast, launching in March 2024! I'm Dawn Thomas, your host, a mother of three, financial adviser, and researcher. Join me in exploring the world of equipping young minds with the right financial start.

This is your exclusive space to master the art of discussing money with kids. Children wield the superpower of time, while you, whether a parent, grandparent, or the super cool aunt or uncle, hold the superpower of influence. Together, let's shape their financial knowledge through impactful conversations.

In each episode, I'll be sitting down with authors and brilliant financial minds to unravel their insights on simplifying and making money talk meaningful. From discussing books to exploring resources like Money School, Shareplicity, Girls Just Wanna Have Funds, Girls That Invest, Sort Your Money Out, Kids Ain't Cheap, and more – we've got it all covered!

This podcast is your toolbox for making money conversations natural and top of mind for the whole family. Subscribe now to be the first to catch the latest episodes as they drop. For additional resources, visit The Wealth Designer’s Start Well.

🎙️ START WELL® Podcast Episode 1: It's Not About the Money

With Jenny Rolfe-Wallace

We’re kicking off the new season of START WELL® with special International Women's Day episode.

This is a powerful and practical conversation for parents and grandparents who want to shape confident, financially capable young women.

In this episode, Dawn sits down with award-winning financial educator and podcast host Jenny Rolfe-Wallace, creator of It’s Not About the Money, which received international recognition at the Money Awareness and Inclusion Awards.

Together, they explore one of the most important foundations of financial wellbeing:

👉 We must start valuing the work of women at all levels, beginning in the home.

Because when value is embedded early, it flows into decision-making, workplaces, policy and systems. When it’s not, we often find ourselves trying to prove there’s an issue instead of seeing and addressing it clearly.

This conversation connects household money habits to broader themes of fairness, opportunity and justice.

• Why financial conversations at home shape lifelong confidence

• How valuing unpaid and paid work influences future earning power

• Why many women still feel they need to “prove” inequity exists

• The current workforce moment — and why it may be a powerful time for women to negotiate salary and conditions

• What supportive workplaces should be thinking about now:

  • Meaningful parental leave

  • Caring leave for those supporting ageing parents

  • Support during menopause

  • Paying people what they are worth

Most importantly, we focus on what parents and grandparents can do this week to help the next generation start well.

Resources discussed:

• MoneySmart budgeting tools and calculators

• Invisible Women by Caroline Criado Perez

This episode is a reminder that financial literacy isn’t just about numbers.

It’s about value.
It’s about confidence.
And it’s about creating homes where young people grow up knowing their contribution matters.

If this conversation resonated, share it with a parent, grandparent or educator in your life.

General Advice

Warning – This Podcast contains general advice. The information, including tax information and any advice provided in this Podcast, does not take into account your objectives, financial situation or needs. Because ofthat, you should before acting on the advice, consider the appropriateness of the advice, having regard to those things. If the advice relates to a particular financial product, you should obtain the relevant Product Disclosure Statement for any product mentioned and consider its contents before making any decision. You should consider talking to a financial adviser before making a financial decision.  Dawn Thomas is a Senior Financial Adviser and is an authorised representative of TWD Licensee Services Pty Ltd ABN 88 605 064 480Australian Financial Services Licence No.475964 (TWD Licensee Services).

START WELL® Podcast – Season 2 Trailer

Season 2 of the START WELL® Podcast is here. This season we’re turning up the volume on early conversations, practical planning, and financial confidence at every stage of life.

We open the season with a special International Women’s Day episode featuring Jenny Rolfe Wallace, exploring women, money, and the systems that shape our financial futures.

This season also brings you conversations with authors behind some of the most important money books right now:

• James Wrigley, author of Retire Life Ready

• Jessica Brady, author of Get Growing

• Glen James, author Quick Start Guide to Investing

Plus, our resident book reviewer Michelle Flanagan and guest reviewers unpack powerful reads including:

• The 100-Year Life

• How They Get You

• The Art of Spending

At its heart, START WELL® exists to spark conversations — about money, planning, and the future. Conversations with your kids. Conversations with your partner. Conversations with yourself.

Because starting well isn’t about having it all figured out.
It’s about starting earlier than you think you need to.

Subscribe now to catch every episode of Season 2 and join us as we build financial confidence, one conversation at a time.

This week resident reviewer Michelle Flanagan and host Dawn Thomas talk about the wildly popular book Rich Dad, Poor Dad. Looking at it from a perspective of financial advisers as well as how concepts can be passed on to young people. As always Michelle provides her rating on the book, in relation to how impactful it would be in relation to building financial knowledge in young people.

General Advice

Warning – This Podcast contains general advice. The information, including tax information and any advice provided in this Podcast, does not take into account your objectives, financial situation or needs. Because ofthat, you should before acting on the advice, consider the appropriateness of the advice, having regard to those things. If the advice relates to a particular financial product, you should obtain the relevant Product Disclosure Statement for any product mentioned and consider its contents before making any decision. You should consider talking to a financial adviser before making a financial decision.  Dawn Thomas is a Senior Financial Adviser and is an authorised representative of TWD Licensee Services Pty Ltd ABN 88 605 064 480Australian Financial Services Licence No.475964 (TWD Licensee Services).

Episode 12 of the START WELL ® podcast, titled "Buying Happiness," features  author and podcaster Kate Campbell. In this episode, Kate discusses her new book, which she had her friends in their twenties in mind, when she wrote this book. The book focuses on helping people find contentment with their financial situations while alsoempowering them to progress financially.

Kate emphasizes that money is more than just numbers. She highlights the importance of integrating one's money history and mindset with practical strategies for financial advancement. Her goal is to convey that understanding and managing money involves a blend of emotional and practical elements. She wants people to recognize that achieving financial well-being requires a holistic approach that includes both personal financial history and actionable steps for improvement.

Kate also stresses the importance of not comparing oneself to others when measuring success. Instead, she suggests focusing on what you admire about others' achievements and how those can relate to your own goals.She has tips on how you can have open money conversations with others which is still inclusive and not presumptuous.

When it comes to children, Kate provides tips for makingmoney conversations open and educational within the household. She advises explaining how financial systems work, such as how a mortgage needs to be paid off, and the concept of cash in an increasingly cashless world. She advises against expecting kids to do what you have done because what works for you may not work for them. It is more about supporting them in finding their own way,versus following your way. Kate recommends allowing children to take healthy financial risks, referring to the book "50 Risks to Take With Your Kids." This approach helps them learn to navigate different financialsituations. She says some of the best things happen on the other side of taking a risk. Additionally, she encourages involving kids in planning and budgeting for activities like holidays, helping them understand the end-to-end costsinvolved.

General Advice

Warning – This Podcast contains general advice. The

information, including tax information and any adviceprovided in this Podcast, does not take into account your objectives, financial situation or needs. Because of that, you should before acting on the advice, consider the appropriateness of the advice, having regard to thosethings. If the advice relates to a particular financial product, you should obtain the relevant Product Disclosure Statement for any product mentioned andconsider its contents before making any decision. You should consider talking to a financial adviser before making a financial decision.  Dawn Thomas isa Senior Financial Adviser and is an authorised representative of TWD Licensee Services Pty Ltd ABN 88 605 064 480 Australian Financial Services LicenceNo.475964 (TWD Licensee Services).

Episode 11: The Richest Man in Babylon – Grant Millar

In this episode of the START WELL® podcast, we have guest book reviewer Grant Millar, GIF master, dad of 2, financial adviser and former DJ (rumoured). We discuss the classic financial book The Richest Man in Babylon byGeorge S. Clason, which has sold over 2 million copies and been in circulation since 1926. Grant has engaged with this book as an audio book and provides notjust his experience, but the feedback from his family, from the small snippets they listened together to in the car. The book due to its language, which is written in olden style English, may not be everyone’s cup of tea but it still covers the important foundations of finance. Some of the writing in the way people are represented (or not represented) has not stood the test of time. Grant says this book couldbe engaging for some, and inaccessible to other (his family were not too impressed), however in all cases there is the opportunity to bring back money lessons from the book to the home. Grant recommends this as an audio book which you could complete in 3 hours.

The Richest Man in Babylon: Key Principles

Parables are grouped into overarching themes of financialadvice, notably "The Seven Cures" and the "Five Laws ofGold."

Seven Cures For a Lean Purse:

Start thy purse to fattening: Save 10% of income to build wealth.Control thy expenditures: Avoid unnecessary expenses.

Make thy gold multiply: Invest wisely and compoundreturns.

Guard thy treasures from loss: Avoid risky investments.

Make of thy dwelling a profitable investment: Own yourhome.

Ensure a future income: Plan for retirement and familysecurity.

Increase thy ability to earn: Continuously developskills.

Five Laws of Gold:

Gold cometh gladly to those who save: Saving is thefoundation of wealth.

Gold laboreth diligently for the wise owner: Investmentsgrow with wise management.

Gold clingeth to the cautious owner: Invest wisely withexpert advice.

Gold slippeth away from unfamiliar investments: Stick to what you know.

Gold flees from risky ventures: Avoid impractical or aggressive strategies.These principles emphasize the importance of saving, wise investment, caution, and avoiding imprudent financial decisions.

Follow for more money conversations.

General Advice

Warning – This Podcast contains general advice. The

information, including tax information and any adviceprovided in this Podcast, does not take into account your objectives, financial situation or needs. Because of that, you should before acting on the advice, consider the

appropriateness of the advice, having regard to thosethings. If the advice relates to a particular financial product, you should obtain the relevant Product Disclosure Statement for any product mentioned andconsider its contents before making any decision. You should consider talking to a financial adviser before making a financial decision.  Dawn Thomas is a Senior Financial Adviser and is an authorised representative of TWD Licensee Services Pty Ltd ABN 88 605 064480 Australian Financial Services Licence No.475964 (TWD Licensee Services).

START WELL ® Podcast, Episode 10 - "The Psychology of Money"

 In this episode of the START WELL® Podcast, our resident reviewer, Michelle Flanagan, shares her insights on the beloved book "The Psychology of Money" by Morgan Housel.

Key Points Covered:

Unconventional Approach: Housel's book stands out fromtraditional finance literature by employing storytelling to convey its messages.

Wealth vs. Riches: Michelle appreciates the book'sexploration of the distinction between being wealthy and being rich, emphasizing the importance of personal fulfillment and contentment over mere material wealth.

Confidence and Comparison: The book encourages readers to cultivate confidence in their own financial journey without succumbing to the trap of comparing oneself to others.

Time as a Commodity: The idea of time as a valuablecurrency. Planning finances effectively can grant individuals greater control over their time, a perspective Michelle finds particularly important.

Audiobook Experience: Given the book's dense text, listening to it as an audiobook could offer a more immersive and engaging experience.

Representation Observation: We note a predominance of male characters in the book, suggesting potential implications for inclusivity and diverse perspectives.

Parent-Child Resource: Michelle evaluates the book as avaluable resource for fostering financial conversations between parents and children, awarding it a commendable 4 out of 5 rating.

Thank you for listening to the START WELL™ Podcast. Be sure to subscribe for more enriching discussions on personal and finance and growth.

General Advice

Warning – This Podcast contains general advice. The

information, including tax information and any adviceprovided in this Podcast, does not take into account your objectives, financial situation or needs. Because of that, you should before acting on the advice, consider the appropriateness of the advice, having regard to thosethings. If the advice relates to a particular financial product, you should obtain the relevant Product Disclosure Statement for any product mentioned andconsider its contents before making any decision. You should consider talking to a financial adviser before making a financial decision.  Dawn Thomas is a Senior Financial Adviser and is an authorised representative of TWD Licensee Services Pty Ltd ABN 88 605 064 480 Australian Financial Services Licence No.475964 (TWD Licensee Services).

START WELL® Podcast: Episode 9 - Girls that Invest

 Our Resident Book Reviewer Michelle Flanagan helps usdiscuss and unpack the popular book Girls that Invest In this episode of the START WELL®

Podcast, we delve into the world of investment through a unique lens: that of women taking charge of their financial futures. Our guest Michelle Flanagan, Principal Adviser at The Wealth Designers, steps in as our resident book reviewer (coming up The Psychology of Money and Rich Dad, Poor Dad).

Michelle graciously offers her insights and expertise byreviewing this hugely popular book. She recommends this book for its plethora of valuable lessons, contemporary references (like TikTok) that connect to a younger audience, and its strong call to action to just get started on the path to financial empowerment. Michelle likes the book's robust action plan at the end of each chapter and addressing potential challenges her readers may facefrom those around them when beginning their financial empowerment journey.

Michelle liked how the author, Simran, uses interesting analogies to help the reader understand concepts such as likening investing to skin care. A concept that particularly stood out to Michelle was how Simran, articulates the impact of stagnant wages effectively amounting to a pay cut due to inflation. Michelle appreciates the directnesswith which Simran addresses such crucial concepts. It's worth noting that while the book isn't solely focused on investing, it plays a vital role in empowering women to strengthen their overall financial position.

Michelle has given this book a 5/5 in relation to how impactful it would be for a young person or a parent wanting to share a book with their kids.

General Advice

Warning – This Podcast contains general advice. Theinformation, including tax information and any advice provided in this Podcast, does not take into account your objectives, financial situation or needs. Because of that, you should before acting on the advice, consider theappropriateness of the advice, having regard to those things. If the advice relates to a particular financial product, you should obtain the relevant Product Disclosure Statement for any product mentioned and consider its contents before making any decision. You should consider talking to a financial adviser before making a financial decision.  Dawn Thomas is a Senior Financial Adviser and is an authorised representative of TWD Licensee Services Pty Ltd ABN 88 605 064 480 Australian Financial Services Licence No.475964 (TWD Licensee Services).

In this episode of the START WELL® podcast, we speak  with Marc Bineham, author of "The Money Sandwich." With over three decades of experience as a financial adviser, Marc brings a wealth of insight into the challenges faced by the "sandwich generation" – those caught between the responsibilities of raisingchildren and caring for aging parents.

Marc's book is a beacon of guidance for individualsnavigating this complex phase of life. He understands the time constraints that pull people in multiple directions, often hindering their ability to plan effectively for their financial futures. What sets "The Money Sandwich" apart is its recognition of the diversity of circumstances amongits readers. Marc advocates for a step-by-step approach tailored to each individual's unique situation, rather than imposing a one-size-fits-all solution.

One of the book's standout features is Marc's pragmaticapproach to financial management. He emphasizes progress over perfection, encouraging readers to work within their means and make incremental stridestowards their goals. Rejecting the notion of strict budgets or demonizing credit cards, Marc empowers his audience to take control of their finances without feeling overwhelmed by unrealistic expectations.

Central to "The Money Sandwich" are the real-lifestories woven throughout its pages. Drawing from his extensive client interactions, Marc shares anecdotes that illustrate the diverse challenges and triumphs experienced by individuals in similar circumstances. From managingmoney with his own daughters to educating grandparents on the intricacies of investing, Marc offers practical insights gleaned from personal and professional experiences alike.

A key concept discussed in the book is the "Goldilocksphenomenon" observed in retirement planning. Marc highlights how individuals often gravitate towards the default option within their superannuation, opting for a balanced approach out of fear of making the wrongchoice. However, he cautions against this mindset, as it can significantly impact long-term returns and hinder financial growth. By challenging conventional wisdom and providing actionable advice, Marc empowers readers tomake informed decisions that align with their financial objectives.

Tune in to this enlightening episode as Marc Bineham shareshis expertise on navigating the financial complexities of the "sandwichgeneration" and offers invaluable insights for securing a prosperousfuture.

General Advice

Warning – This Podcast contains general advice. Theinformation, including tax information and any advice provided in this Podcast, does not take into account your objectives, financial situation or needs. Because of that, you should before acting on the advice, consider theappropriateness of the advice, having regard to those things. If the advice relates to a particular financial product, you should obtain the relevant Product Disclosure Statement for any product mentioned and consider its contents before making any decision. You should consider talking to a financialadviser before making a financial decision. Dawn Thomas is a Senior Financial Adviser and is an authorised representative of TWD Licensee Services Pty Ltd ABN 88 605 064 480 Australian Financial Services Licence No.475964 (TWD Licensee Services).