Friends With Money #20: Paul Clitheroe on celebrating 250 issues of Money

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The property market has boomed, interest rates have fallen, and more Aussies have started investing in shares since Money magazine first hit newsstands more than 20 years ago.

To mark the 250th issue of Money, out now, we sat down with someone who was there at the very beginning.

Founder and editorial advisor Paul Clitheroe says that the core mission of the magazine hasn't changed.

friends with money podcast paul clitheroe

"The fundamental premise is decent common-sense advice, avoid scams, and make better decisions... no promises of getting rich quick, but how you can use your money to make better returns and understand risk."

Managing editor Julia Newbould caught up with Paul on the latest episode of the Friends With Money podcast to get his thoughts on the success of Money, and how the average Aussie is more switched on when it comes to property, shares and super since those early days.

Thank you to our Money family, and here's to many more years of creating financial freedom.

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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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Julia Newbould was editor-at-large and later managing editor of Money from November 2019 to February 2022. She was previously editor of Financial Planning and Super Review magazines; managing editor at InvestorInfo and at Morningstar Australia. Julia co-authored The Joy of Money, a book on women and personal finance. She holds a Bachelor of Economics from the University of Sydney where she serves on the alumni council.

Paul Clitheroe AM is the founder of Money and serves as the publication's editorial adviser. One of Australia's most trusted personal finance experts, Paul has spent decades helping Australians build wealth, manage debt and make smarter money decisions. He is widely known for host­ing the Money TV program and authoring best-selling personal finance books. Since launching Money in 1999, he has played a leading role in delivering practical, independent financial guidance to Australians. Paul is chair of InvestSMART Financial Services. He was the founding chair of Ecstra Foundation, a national not-for-profit focused on improving financial wellbeing, from 2018 to 2026, and led the Australian Government's Financial Literacy Board and Financial Literacy Australia from 2004 to 2019. In academia, Paul is chair in financial literacy at Macquarie University, where he is also a Professor in the School of Business and Economics. Ask Paul your money question. Due to volume, Paul cannot respond to questions posted in the comments section.
Comments
M .
November 6, 2021 1.04pm

Hi Paul,

Congratulations on your longevity in the industry and your success at helping others succeed.

I have followed your advice since the Money show on TV and am a long time subscriber to the Money magazine.

I have just retired at the age of 61, and whilst I have always strived to become wealthy I don't consider myself rich. By following your advice, and also educating myself, my wife and I own our dream house outright, have Investment properties, a SMSF and only productive debt. We did not get rich quick, but thank you for our comfortable lifestyle by taking it slow and steady.

We have been able to help our children get into the property market and are keen to help educate them in their own financial journeys, based on your sound advice and the advice of others that we have discovered through the Money magazine.

We assembled a team of experts to assist us and can only wish we had done this much earlier, as it makes the journey so much easier and with less mistakes.

Thanks once again to you and your team and best wishes for many more years of helping others!