924b wwgd: they earn $350k but they're still feeling stretched

**Glen James** (0:06)
Today in the show, we are doing another What Would Glen Do? Hey, If You Are New to the Show. This is where we talk with listeners of the show. They write in and they want to know what I would do based on their situation. We'll go through in a bit of detail their current situation, their goals, what they actually want to ask me.
I'll scratch around and, you know, kick some dirt around and see if I can find anything laying under the dirt that's a bit juicy and scandalous to have a bit of fun, but no, if you see me drilling deep and asking random questions, there could be a reason for it. One, I'm personally just interested in how you make chicken feed on the farm because that's their job, I want to know. Or two, it's material to somewhere I'm going later in the conversation.
Each person who comes on here, they've signed the disclaimer that it is general financial advice only. They will need to take anything that we talk about to their own personal financial advice meeting because I just don't know enough details and I can't give personal financial advice on a podcast that is for entertainment only.
We have a lot of fun along the way. It's great to chat with a heap of listeners who regularly listen. And from the feedback that we have been getting, you out there in listener land have been loving these episodes. This episode is brought to you by Sphere Home Loans. Hey, if you've got a mortgage and you haven't reviewed it in some time, go back to your mortgage broker. If you don't have a mortgage broker, go to Sphere Home Loans. If you want to buy your first home, your first investment property, you want to upgrade your property, renovate it and get equity out to build the bloody kitchen that you've always wanted and it's 80 grand and you need to use equity, all that, go to Sphere Home Loans, let them run their eyes over your situation. They'll make sure you've got the most appropriate mortgage based on your situation. All good. Thank you so much Sphere Home Loans for supporting the podcast. So who have we got and what are we doing here?

**Ellie** (2:13)
Hi, my name is Ellie and you're listening to Money Money Money.

**Glen James** (2:20)
Before we get into it, this show is general advice only. I've got a license to provide that advice. Full details can be found in the show description. My name is Glen James, former Financial Advisor. I host this show and a show called Retire Right. I've got some books, the award-winning Quick-Start Guide to Investing and the Quick-Start Guide to Your First Property available where good books are sold or in the description. If you're new here, welcome. If you're in old hand, welcome to M3. Let's get into it right now.
All right, Ellie, welcome to the show. If you are watching on YouTube, you will see that she's blurred out. Ellie may or may not be her real name.
Calling in from Melbourne. Ellie, what do you do with yourself for work?

**Ellie** (3:11)
I'm a lawyer.

**Glen James** (3:13)
Boring.

**Ellie** (3:14)
Yeah. That's a regular response to that answer.

**Glen James** (3:20)
Yeah, 100%. Are you married?

**Ellie** (3:24)
I am married, yes.

**Glen James** (3:25)
Yeah. Ellie and Chris, how old are both of you?

**Ellie** (3:28)
I'm 36 and he's 37

**Glen James** (3:31)
Radical. What's Chris do for work?

**Ellie** (3:34)
He works in sports, media, content, like production stuff, editing, production stuff.

**Glen James** (3:44)
Yeah. Sweet. Do you have kids?

**Ellie** (3:47)
We have two kids.

**Glen James** (3:49)
Nice. How old are they?

**Ellie** (3:50)
Five and two.

**Glen James** (3:52)
Sweet. Do you like them?

**Ellie** (3:54)
Most of the time.

**Glen James** (3:57)
Do you have pets?

**Ellie** (3:58)
Some of the time. No pets.

**Glen James** (4:02)
Okay. What do you want to ask me? What do you want to know what Glen would do?

**Ellie** (4:10)
Just a general recap, I guess, of our financial situation. I guess I am looking to figure out where to focus on because my mind is sort of all over the place. I want to upsize our home in the next few years. I want to potentially have another child. I want to start investing, but I don't really know where to start.
I don't know if I should considering, I want to upsize my home. I don't know if I should focus on paying off more of my mortgage, investing in shares, investing more in my super, which is probably not the priority at the moment, but my head's a bit all over the place. So I wanted a bit more of a focus, I guess.