Friends With Money #156: Unlock home ownership with friends

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Can't afford to buy a house on your own?  Property pals might be your answer.

With the typical home loan repayment between $3000-$7000 per month, sharing the burden with your friends may be the key to home ownership.

This week on the Friends With Money podcast, Money's Michelle Baltazar chats with Matt Bowen, head of consumer and market insights at ING, about this new option for purchasing property. It covers:

friends with money podcast 156

  • The latest survey on home ownership
  • What is a property pal?
  • How do you start?
  • How do you protect yourself if things go awry?

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Friends With Money podcast FAQ

What is the Friends With Money podcast?

Friends With Money is a weekly personal finance podcast by Money magazine, offering expert insights on investing, budgeting, superannuation, property, and other money strategies for everyday Australians.

Where can I listen to the podcast?

You can listen on Apple Podcasts, Spotify, or YouTube (with closed captions available).

Who hosts Friends With Money?

Episodes are hosted by Vanessa Walker and Tom Watson from Money magazine, featuring expert guests and real conversations about money.

Is the podcast suitable for beginners?

Yes! It's designed to be accessible for beginners while still offering valuable insights for seasoned investors.

What topics does the podcast cover?

The Friends With Money podcast covers topics including banking, property, budgeting, superannuation, investing, saving, insurance, employment, travel and more.

How often are new episodes released?

New episodes are released weekly, so you can stay up to date with the latest financial tips and trends.

Can I watch episodes with captions?

Yes, full episodes with closed captions are available on YouTube.

Why subscribe to the Friends With Money podcast?

Boost your financial literacy anytime, anywhere with the Friends With Money podcast from Money magazine. Whether you're commuting, working out, or relaxing at home, this weekly podcast makes it easy to grow your money knowledge on the go.

Each episode dives into real conversations about money - how it's earned, shared, saved, and grown - with tips and insights that make finance simple and relatable. Perfect for beginners and seasoned investors alike, it's your go-to guide for building better financial habits.

Subscribe to the Friends With Money podcast today and start learning when it suits you.

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Michelle Baltazar is editor-in-chief of Money magazine and an award-winning journalist, editor and publisher. She has worked at BRW, Shares Magazine (London) and industry newspaper Financial Standard, and has written about superannuation, wealth management, investment technology and financial advice. Connect with Michelle Baltazar on LinkedIn.

Matthew Bowen is ING's Head of Consumer and Market Insights. He has more than 18 years' industry experience, including more than nine years with ING. Matthew holds a Bachelor of Business (Marketing) and Bachelor of Laws from Western Sydney University