Money coaching vs financial advice: The 5-step framework to fix your finances

Money coaching vs financial advice: The 5-step framework to fix your finances

Author: Rask May 25, 2026 Duration: 40:28
In this Australian Finance Podcast episode, your hosts Owen Rask and Gemma Mitchell dive into money coaching, financial advice, and the simple 5-step framework anyone can use to take control of their finances. They cover: – The difference between education, coaching, and financial advice – Why most people aren’t as “bad with money” as they think – Real-life insights from working with Christian Hull – How mindset, behaviour, and systems shape your financial success If you like this Australian Finance Podcast episode on money coaching and financial clarity, you'll love our series. Don't forget to subscribe for weekly shows on Apple, Spotify, YouTube, or wherever you get your podcasts! Follow us on Instagram and TikTok for more investing insights. Topics covered – What is the difference between podcasts, money coaching & financial advice? – Education vs action vs strategy: what actually drives change – Inside money coaching: what a session really looks like – Case study: Christian Hull’s money journey – Why high income doesn’t equal confidence with money – The role of mindset, behaviour & organisation in financial success – Common money beliefs: “I’m bad with numbers” & control vs clarity – Quick wins in coaching: simple changes that make a big impact – Building systems: accounts, habits & routines that support success – When to introduce tools like PocketSmith – Identifying spending problem areas without tracking everything – Connecting goals, cash flow & long-term planning Episode resources – Download your workbook here – Buy Gemma’s book “The Money Reset” – Speak with the Rask Advice team – Ask a question (select the Finance podcast) Show partner resources – Join Pearler using code “RASK” for $15 of Pearler Credit – Get 50% off your first two months using PocketSmith – View Betashares range of funds Rask resources – All services – Financial Planning – Invest with us – Access Show Notes – Ask a question – We love feedback! Follow us on social media – Instagram: @rask.invest – TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Navigating the financial landscape can feel overwhelming, but Australian Finance Podcast cuts through the noise with grounded, practical advice tailored for life in Australia. Hosted by Owen Rask, the Chief Investment Officer, and Gemma Mitchell, a Senior Financial Adviser, conversations on this podcast feel less like a lecture and more like a direct chat with experts who genuinely want you to succeed. Each episode is built around actionable strategies-whether it's about restructuring debt, understanding investment vehicles, or tax efficiency-that you can apply immediately, not just abstract theories. The focus is on building the confidence to make informed decisions with your money, aiming for a future where your finances support the life you want to live, rather than dictating it. For those just beginning their journey, the hosts suggest diving into their foundational "Starter Pack" series to build a solid base of knowledge. This isn't about get-rich-quick schemes; it's a steady, educational companion for developing lasting financial health. Tune in for a straightforward blend of market insights, personal finance management, and long-term wealth-building principles, all delivered with a clear Australian context. The Australian Finance Podcast from Rask is that reliable resource for turning financial complexity into manageable, actionable steps.
Author: Language: English Episodes: 100

Australian Finance Podcast
Podcast Episodes
5 Ways They Get You – with Chris Kohler [not-audio_url] [/not-audio_url]

Duration: 47:10
In this episode of The Australian Finance Podcast, Owen Rask sits down with finance journalist and author Chris Kohler to discuss the systems designed to separate Australians from their money – and what you can do to pro…
The million-dollar formula: Small moves, big impact [not-audio_url] [/not-audio_url]

Duration: 38:04
Today, your host Gemma is joined by Roxanne Calder — recruitment expert and author of the new book Earning Power. With 25 years of experience across Australia, the UK, Singapore, and Hong Kong, Roxanne brings a wealth of…
10 money hacks to level up your life in 2024 [Throwback] [not-audio_url] [/not-audio_url]

Duration: 37:24
Ready to level up your financial life? Kate Campbell & Mitchell Sneddon share 10 different money hacks to help you maximise your finances in 2024. Remember - the small changes you make add up over time, so don’t discount…
How (& why) insurance works: real-life claims with Phil Thompson [not-audio_url] [/not-audio_url]

Duration: 39:46
In this episode of the Australian Finance Podcast, you'll learn how and why insurance works. Life insurance, income protection, TPD & more. Owen Rask is joined by Phil Thompson, founder of Skye Wealth, to unpack what rea…
How Owen Rask & Alex Luck *actually* invest [Adviser Q&A] [not-audio_url] [/not-audio_url]

Duration: 46:12
In this Australian Finance Podcast episode, Owen Rask is joined by Alex Luck, founder of Everest Wealth Group, to answer your money questions. Owen’s questions: – Where are you personally invested? – What’s the most rece…
Super, saving like a boomer and exit-rentvesting dilemmas – Q&A [not-audio_url] [/not-audio_url]

Duration: 45:20
In this Friday episode of The Australian Finance Podcast, Owen Rask and Gemma Mitchell dive into your questions on saving, investing, brokers, kids’ money and planning your next big property move. This week we unpack whe…
Invest your first $1,000 with these 5 steps [not-audio_url] [/not-audio_url]

Duration: 15:35
In this short Wednesday bonus episode of The Australian Finance Podcast, Gemma Mitchell walks you through a simple, practical roadmap for investing your first $1,000. No jargon, no complicated charts, just clear steps yo…
Can You Go a Year Without Shopping? Emma Edwards Tried It [not-audio_url] [/not-audio_url]

Duration: 45:44
In this episode of The Australian Finance Podcast, Gemma Mitchell is joined by Emma Edwards — financial behaviour expert, founder of The Broke Generation, and now two-time author. Emma’s new book, The Wardrobe Project: A…
Super, parental leave pitfalls and teaching teens to invest – Q&A [not-audio_url] [/not-audio_url]

Duration: 49:34
In this Friday episode of The Australian Finance Podcast, Gemma Mitchell and Owen Rask unpack your questions on investing, super, HECS and even a Christmas dilemma. This week we look at how to build a simple investment p…