wwgd: 3 properties, young kids, working part-time & what next? (ep914b)

Three properties, two young kids, both working part-time. Sophia* joins Glen to unpack whether selling an investment property, reducing debt and rethinking their strategy could set them up better long term or if they’re at risk of overcomplicating a strong position. 00:00 - introduction 03:15 - 3 properties, young family, part-time setup 07:36 - spending, savings & cashflow gap 12:00 - insurance, super & financial foundations 17:00 - property portfolio & assets 24:47 - lifestyle goals 31:29 -their desire to “semi-retire” 32:42 - Glen’s take on the situation and what he would do *Name changed for privacy Want to be a guest on the show? Apply here! https://www.moneypodcast.com.au/apply-to-come-on-the-show money money money is proudly brought to you by Sphere Home Loans. No matter where you are in Australia, their team is ready to assist with your mortgage needs—whether you're purchasing a home, investing in property, or looking to refinance. Sphere Home Loans: https://www.spherehomeloans.com.au/ Learn how to be a better investor with 'The Quick-Start Guide to Investing' book: https://www.investingbook.com.au/ Need a system to manage your money? Check out the free Glen James Spending Plan here: https://education.moneypodcast.com.au/courses/the-glen-james-spending-plan This content is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs.You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions within our content for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we don’t know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. Guest opinions are theirs and their respective licence holders. SYMO Interactive Pty Ltd and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Please read our Financial Services Guide at moneypodcast.com.au. #personalfinance #money #investing #property #retirearly Intro theme: "Coal" by Hartley Licensed via Shutterstock Music – royalty-free, commercial use permitted. Community Segment Theme: "Tuscan" by Geoffrey Jerrell Licensed via Shutterstock Music – royalty-free, commercial use permitted. Midroll Segment: "Sunset Paradise (Pop)" by Monument_Music Licensed via Pixabay Music – royalty-free for commercial use. Outro Music: "Photograph" by nomaBeats Licensed via Pixabay Music – royalty-free for commercial use. No copyright infringement intended. All music used under appropriate commercial licences.