The Wealth Guide Podcast
Want to learn how our proven wealth-building strategies can help you create lasting financial security? Book a FREE consultation today: https://subscribepage.io/BookAConsult [https://subscribepage.io/BookAConsult] ----- In this episode, we have Michaela Shaw, Lending Specialist at MoneyQuest Penrith & Blue Mountains, a finance professional known for making the lending journey feel approachable and stress-free, especially for first-home buyers. She talks about the mindset blocks holding Gen Z back from entering the property market, the biggest myth about credit scores that could sabotage your borrowing power, and how to take advantage of lesser-known government schemes to get into your first home sooner. She also discusses how to strategically plan your finances 12–18 months before buying, the unexpected factors lenders consider when assessing your loan, and why working with a mortgage broker and financial adviser can fast-track your journey into the property market. If you want to take the guesswork out of buying your first home and learn how to make confident, informed decisions about your property journey, then make sure to listen to this episode! ----- SHOW NOTES LINKS https://www.linkedin.com/in/michaela-shaw-742866222/ [https://www.linkedin.com/in/michaela-shaw-742866222/] https://www.moneyquest.com.au/broker/michaela-shaw/ [https://www.moneyquest.com.au/broker/michaela-shaw/] https://www.facebook.com/MoneyQuestBlueMountains/ [https://www.facebook.com/MoneyQuestBlueMountains/] https://www.facebook.com/MoneyQuestPenrith/ [https://www.facebook.com/MoneyQuestPenrith/] https://www.instagram.com/moneyquest_bluemountains/ [https://www.instagram.com/moneyquest_bluemountains/] https://www.instagram.com/moneyquest_penrith/ [https://www.instagram.com/moneyquest_penrith/] ----- LISTEN TO THE PODCAST Spotify: https://spoti.fi/3qJL8w4 [https://spoti.fi/3qJL8w4] Apple Podcast: https://apple.co/3QPF3ch [https://apple.co/3QPF3ch] Amazon Music: https://amzn.to/3YMZjgD [https://amzn.to/3YMZjgD] Google Podcast: https://bit.ly/3swIVEF [https://bit.ly/3swIVEF] ---- FIND US HERE Facebook: https://bit.ly/3RsO5Mr [https://bit.ly/3RsO5Mr] LinkedIn: https://bit.ly/3Rs0Qah [https://bit.ly/3Rs0Qah] Instagram: https://bit.ly/46kZvGp [https://bit.ly/46kZvGp] TikTok: https://bit.ly/3PSbK7U [https://bit.ly/3PSbK7U] YouTube: https://bit.ly/3rsKxPG [https://bit.ly/3rsKxPG] ----- CONTACT US hello@rykercapital.com.au Client Enquiries: 1300 179 537 Careers & Press: 1300 179 537 ---- TIME STAMPS: 00:00 - Introduction 00:35 - Importance of Financial Literacy for Home Buyers 02:15 - The Impact of Interest Rates on Borrowing Capacity 04:30 - How to Assess Your Financial Situation Before Buying 07:10 - Common Mistakes First-Time Buyers Make 09:45 - How Much Deposit Do You Really Need? 12:20 - Understanding Home Loan Options and Government Schemes 15:05 - The Importance of Discipline in Saving for a Home 17:30 - Should You Wait or Buy Now? Setting Realistic Expectations 20:15 - First Home vs. Dream Home: What Should You Aim For? 23:00 - How to Evaluate the Property Market and Adjust Your Goals 25:40 - Final Tips for First-Time Home Buyers 27:30 - How to Get
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