<description>&lt;p&gt;Wow. Turns out you might have lost treasure (ie, money) and you didn't know. Good thing "Pirate" Pete Burrows and first mate Ben McEachen are here to help you find your forgotten funds.&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;strong&gt;Key Takeaways:&lt;/strong&gt;&lt;/p&gt; &lt;ul&gt; &lt;li&gt; &lt;p&gt;Individuals often lose track of finances due to outdated personal information and inattention to accounts such as superannuation, resulting in billions of unclaimed dollars.&lt;/p&gt; &lt;/li&gt; &lt;li&gt; &lt;p&gt;The Australian Securities and Investments Commission (ASIC) provides tools like MoneySmart.gov.au to assist in reclaiming lost financial assets.&lt;/p&gt; &lt;/li&gt; &lt;li&gt; &lt;p&gt;Proactive life admin, including regular updates to personal details and account management, is crucial in preventing misplaced finances.&lt;/p&gt; &lt;/li&gt; &lt;li&gt; &lt;p&gt;Government initiatives and resources exist to help reunite lost funds with their rightful owners, benefiting both the individuals and the economy as a whole.&lt;/p&gt; &lt;/li&gt; &lt;li&gt; &lt;p&gt;Financial management isn&amp;rsquo;t passive; individuals must actively engage with and maintain awareness of their financial situations.&lt;/p&gt; &lt;/li&gt; &lt;/ul&gt; &lt;p&gt;Notable Quotes:&lt;/p&gt; &lt;ol&gt; &lt;li&gt; &lt;p&gt;"No one's going to be your PA! You have to do your life admin." - Pete Burrows&lt;/p&gt; &lt;/li&gt; &lt;li&gt; &lt;p&gt;"The government does want to reunite us with our money." - Pete Burrows&lt;/p&gt; &lt;/li&gt; &lt;li&gt; &lt;p&gt;"Where was the last place you put it? Go back there." - Pete Burrows&lt;/p&gt; &lt;/li&gt; &lt;li&gt; &lt;p&gt;"Have I gone through every super account I've ever had?" - Ben McEachen&lt;/p&gt; &lt;/li&gt; &lt;li&gt; &lt;p&gt;"It's easier to find a place for something you have rather than search for something you've lost." - Pete Burrows&lt;/p&gt; &lt;/li&gt; &lt;/ol&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;Join the&amp;nbsp;&lt;a href="https://www.facebook.com/groups/moneyfaithandfinance"&gt;&lt;em&gt;Money: Faith and Finance &lt;/em&gt;Group on Facebook here!&lt;/a&gt;&lt;br&gt;&lt;br&gt;We love your questions. Contact the &lt;em&gt;Money: Faith and Finance team&lt;/em&gt; and we will aim to get back to you in a future episode.&amp;nbsp;&lt;/p&gt; &lt;p&gt;Pete Burrows is an accountant for small business and individuals with &lt;a href="https://www.lrf.com.au/"&gt;Lower Russell and Farr&lt;/a&gt; in Penrith, Western Sydney, Australia.&lt;br&gt;&lt;br&gt;Ben McEachen hosts &lt;a href="https://hope1032.com.au/programs/hope-mornings/"&gt;Hope Mornings on Hope 103.2FM&lt;/a&gt; in Sydney, Australia.&lt;/p&gt;&lt;p&gt;&lt;a href="https://hope1032.com.au/donate/2211A-pod/" rel="payment"&gt;Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/&lt;/a&gt;&lt;/p&gt;&lt;p&gt;See &lt;a href="https://omnystudio.com/listener"&gt;omnystudio.com/listener&lt;/a&gt; for privacy information.&lt;/p&gt;</description>

Money: Faith & Finance

Hope 103.2

Finding Your Lost Treasure That You Didn’t Know You Had

DEC 18, 202416 MIN
Money: Faith & Finance

Finding Your Lost Treasure That You Didn’t Know You Had

DEC 18, 202416 MIN

Description

Wow. Turns out you might have lost treasure (ie, money) and you didn't know. Good thing "Pirate" Pete Burrows and first mate Ben McEachen are here to help you find your forgotten funds. 

Key Takeaways:

  • Individuals often lose track of finances due to outdated personal information and inattention to accounts such as superannuation, resulting in billions of unclaimed dollars.

  • The Australian Securities and Investments Commission (ASIC) provides tools like MoneySmart.gov.au to assist in reclaiming lost financial assets.

  • Proactive life admin, including regular updates to personal details and account management, is crucial in preventing misplaced finances.

  • Government initiatives and resources exist to help reunite lost funds with their rightful owners, benefiting both the individuals and the economy as a whole.

  • Financial management isn’t passive; individuals must actively engage with and maintain awareness of their financial situations.

Notable Quotes:

  1. "No one's going to be your PA! You have to do your life admin." - Pete Burrows

  2. "The government does want to reunite us with our money." - Pete Burrows

  3. "Where was the last place you put it? Go back there." - Pete Burrows

  4. "Have I gone through every super account I've ever had?" - Ben McEachen

  5. "It's easier to find a place for something you have rather than search for something you've lost." - Pete Burrows

 

Join the Money: Faith and Finance Group on Facebook here!

We love your questions. Contact the Money: Faith and Finance team and we will aim to get back to you in a future episode. 

Pete Burrows is an accountant for small business and individuals with Lower Russell and Farr in Penrith, Western Sydney, Australia.

Ben McEachen hosts Hope Mornings on Hope 103.2FM in Sydney, Australia.

Support the show, a product of Hope Media: https://hope1032.com.au/donate/2211A-pod/

See omnystudio.com/listener for privacy information.