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SmartMoney Wealth Management We help busy families take control of their money so they can own their home sooner and build their wealth safely.

19/10/2026

“Wealth is what you don’t see.” That’s Morgan Housel, and it’s the idea Episode 21 is built on 👀

The car, the house, the clothes, the holidays: that’s what people see. Real wealth is the part nobody sees, what you save and put away.

That’s why someone on $200K with no savings and an expensive lifestyle can be closer to financial disaster than someone on $75K who saves 20% of their pay. One looks wealthy. The other actually is.

The full episode covers lifestyle creep, the 90-day spending exercise, and how to build wealth that lasts 👇

🎧 Listen on Spotify → https://open.spotify.com/episode/5qH9F6p3hJOJ8qNIGVf2ey?si=eYpAplg1SJSfzSCDqYyhAA
▶️ Watch on YouTube → https://youtu.be/P0WF1A-nhtA

💬 Is your wealth the kind people see, or the kind they don’t?

General information only. Not personal financial advice. Please seek advice suited to your situation.

18/10/2026

Most people look at their finances from the wrong starting point 📄

Hovig’s exercise:

1️⃣ Print your last 90 days of transactions and cross off what you didn’t need
2️⃣ Open your last payslip and start from your gross income, not what lands in your bank
3️⃣ Write down your tax, your super and employer contributions, and any caps
4️⃣ Check what the bank would lend you and how much equity you have

Now you can see all the ingredients.

Then Peter’s point: start with the end in mind. “I need $2 million” isn’t a goal. Why do you need it? What income does it have to produce? If you earn $50K now, you probably don’t need $100K a year in retirement. Be realistic.

The full episode covers lifestyle creep, rentvesting, and what real wealth looks like 👇

🎧 Listen on Spotify → https://open.spotify.com/episode/5qH9F6p3hJOJ8qNIGVf2ey?si=eYpAplg1SJSfzSCDqYyhAA
▶️ Watch on YouTube → https://youtu.be/P0WF1A-nhtA

💬 Do you know your retirement number, and why it’s that number?

General information only. Not personal financial advice. Please seek advice suited to your situation.

17/10/2026

Most people try to manage their cash flow. Hovig’s point is that you need more cash flow to manage in the first place 💡

Plenty of Australians have equity in their home and tax dollars they aren’t using. Put some of that to work in an investment outside the home, whether shares, cash or property, and it can grow while you get on with your life.

His rule: invest first, waste second. If you waste first, there’s nothing left to invest.

Peter adds the reality check:

💸 You can’t save your way to retirement on your own
📊 But your income still has to be more than your spending
⚠️ That includes what your investments cost you, so there has to be a surplus

The full episode covers lifestyle creep, the 90-day spending exercise, and what real wealth looks like 👇

🎧 Listen on Spotify → https://open.spotify.com/episode/5qH9F6p3hJOJ8qNIGVf2ey?si=eYpAplg1SJSfzSCDqYyhAA
▶️ Watch on YouTube → https://youtu.be/P0WF1A-nhtA

💬 Are you using your equity, or is it just sitting there?

General information only. Not personal financial advice. Borrowing to invest carries risk. Please seek advice suited to your situation.

16/10/2026

“Australia is the lucky country.” For a lot of retirees, it doesn’t feel like it 🇦🇺

People are living longer, which means a bigger retirement gap to fund. Housing costs have outpaced wages, so the mortgage takes longer to pay off. What worked for Mum and Dad doesn’t work anymore.

Hovig’s starting point is simple. Sit down and ask: if I keep going the way I’m going, where will I be in five years?

✍️ Write it down
🗣️ Have the conversation with your partner, or with yourself if you’re single
🏠 Got a mortgage? Look at it properly. No mortgage? Work out how you’ll get into the market

The biggest risk is doing nothing.

The full episode covers lifestyle creep, rentvesting, and what real wealth looks like 👇

🎧 Listen on Spotify → https://open.spotify.com/episode/5qH9F6p3hJOJ8qNIGVf2ey?si=eYpAplg1SJSfzSCDqYyhAA
▶️ Watch on YouTube → https://youtu.be/P0WF1A-nhtA

💬 If nothing changed, where would you be in five years?

General information only. Not personal financial advice. Please seek advice suited to your situation.

15/10/2026

You got the pay rise. So why don’t you feel any better off? 🤔

That’s lifestyle creep. Income goes up, spending rises to match, and the extra tax takes another bite. Your net position barely moves.

Peter’s fix is to split your spending into two buckets:

🔒 Fixed: mortgage or rent, electricity, water and council rates. These have to go out.
🔓 Variable: lunches, weekends out, alcohol, five coffees a day. This is the part you control.

$30 a day on coffee is more than $10,000 a year. The variable bucket is where the money goes missing.

The full episode covers the 90-day spending exercise and what real wealth looks like 👇

🎧 Listen on Spotify → https://open.spotify.com/episode/5qH9F6p3hJOJ8qNIGVf2ey?si=eYpAplg1SJSfzSCDqYyhAA
▶️ Watch on YouTube → https://youtu.be/P0WF1A-nhtA

💬 What’s your biggest variable expense? Be honest 👀

General information only. Not personal financial advice. Please seek advice suited to your situation.

15/10/2026

Someone earning $200K with no savings can be more at risk than someone on $75K who saves 20% of their pay. A big income looks like wealth, but it often isn’t.

Hovig’s rule, the one he teaches his kids: save or invest first, then spend. If you spend first, there’s nothing left to invest.

The first thing out of every pay packet is tax. Redirect some of it into savings through the right structures and you’re already ahead.

The full episode covers lifestyle creep, the 90-day spending exercise, and what real wealth looks like 👇

🎧 Listen on Spotify → https://open.spotify.com/episode/5qH9F6p3hJOJ8qNIGVf2ey?si=eYpAplg1SJSfzSCDqYyhAA
▶️ Watch on YouTube → https://youtu.be/P0WF1A-nhtA

💬 Be honest: do you save first, or spend first?

General information only. Not personal financial advice. Please seek advice suited to your situation.

13/10/2026

🏦 The interest rate you pay isn’t necessarily the rate the bank uses to assess you.

If you’re borrowing at 6%, a lender applying a 3% serviceability buffer may assess whether you could afford that loan at 9%.

That difference can have a significant impact on borrowing capacity.

And lending policies aren’t static.

In this final clip from Episode 20 of Here Comes the Money, Peter and Hovig discuss bank lending criteria, serviceability buffers and why understanding your borrowing position matters when considering your next move.

🎥 Watch Episode 20 on YouTube:
https://youtu.be/KqCcbRVtQHE

🎧 Listen on Spotify:
https://open.spotify.com/episode/5mmCtUa0LXQf4WnNiCvdtf?si=qD6nTA1kSXW6sRgFkXephg

General Advice Warning: The information provided is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider seeking professional financial advice before making financial decisions.

12/10/2026

⏰ What happens if you wait until everyone agrees it’s a good time to buy?

Markets don’t necessarily wait for interest rates to fall before sentiment changes.

Sometimes all it takes is the expectation that conditions are improving for confidence to start returning.

And by the time that story becomes the headline, the market may already be reacting.

In Episode 20 of Here Comes the Money, Peter and Hovig discuss interest rates, confidence, borrowing capacity and why understanding what you can actually afford can be more useful than trying to perfectly time the market.

🎥 Watch the full episode:
https://youtu.be/KqCcbRVtQHE

🎧 Listen on Spotify:
https://open.spotify.com/episode/5mmCtUa0LXQf4WnNiCvdtf?si=qD6nTA1kSXW6sRgFkXephg

General Advice Warning: The information provided is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider seeking professional financial advice before making financial decisions.

11/10/2026

📰 Don’t let the news make your investment decisions for you.

Markets move. Headlines change. Fear comes and goes.

The more important questions are personal:

Can you afford the investment?
Have you properly run the numbers?
Can you comfortably hold it over the long term?

In this clip from Episode 20 of Here Comes the Money, Peter and Hovig discuss why property decisions should be based on the numbers and a long-term strategy rather than reacting to every change in the news cycle.

🎥 Watch the full conversation on YouTube:
https://youtu.be/KqCcbRVtQHE

🎧 Listen to the full episode on Spotify:
https://open.spotify.com/episode/5mmCtUa0LXQf4WnNiCvdtf?si=qD6nTA1kSXW6sRgFkXephg

General Advice Warning: The information provided is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider seeking professional financial advice before making financial decisions.

10/10/2026

📈 “Where are we in the property cycle?”

There’s a problem with that question.

There isn’t one property cycle affecting every suburb in Australia in exactly the same way.

Sydney can behave differently from Adelaide. Southeast Queensland can behave differently from Melbourne. And even two suburbs within the same city can be at different stages.

Infrastructure, zoning, supply, development and what you can actually do with the property can all influence the equation.

That’s why property research needs to go much deeper than asking: “What’s the market doing?”

Peter and Hovig break it down in Episode 20 of Here Comes the Money.

🎥 Full episode on YouTube:
https://youtu.be/KqCcbRVtQHE

🎧 Full episode on Spotify:
https://open.spotify.com/episode/5mmCtUa0LXQf4WnNiCvdtf?si=qD6nTA1kSXW6sRgFkXephg

General Advice Warning: The information provided is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider seeking professional financial advice before making financial decisions.

Address

Level 2, Suite 2. 03, 6 Parkview Drive
Sydney Olympic Park, NSW
2127

Opening Hours

Monday 9am - 7pm
Tuesday 9am - 7pm
Wednesday 9am - 7pm
Thursday 9am - 7pm
Friday 9am - 7pm

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+611300966330

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