Tax Expert Reveals the Money Mistakes Keeping Australians Broke | Mansi Anand

📌 Are Australians making the same money mistakes over and over again? In this episode of Insights With Deven, I sit down with Mansi Anand, Chartered Accountant and content creator (@yourfavouriteca), to uncover what she's learned after seeing thousands of Australians' financial situations. We discuss the biggest financial mistakes people make, common tax myths, ATO misconceptions, side hustles, lifestyle inflation, high-income earners who still struggle with money, AI, and the habits that separate people who build wealth from those who don't. Whether you're a student, young professional, migrant, business owner, property investor or simply looking to make smarter financial decisions, this conversation is packed with practical insights that could save you money and help you avoid costly mistakes. ⏱️ Chapters 00:00 Why High-Income Earners Still Feel Broke 01:04 The #1 Money Mistake Australians Make 02:10 Lifestyle Inflation Is Quietly Making You Poor 05:40 The Biggest Financial Mistakes Australians Make 09:02 The Costly Money Mistakes Migrants Make 12:10 7 Signs You're Heading for Financial Trouble 15:15 The Biggest Tax Myths Australians Still Believe 19:03 Tax Deductions You're Probably Getting Wrong 19:59 What the ATO REALLY Knows About You 24:40 Side Hustles: Tax Mistakes That Could Cost You Thousands 29:39 What's Changed With Money & Tax in 2026? 32:04 The Biggest Money Opportunities Most Australians Miss 38:03 Can the ATO See Your Bank Accounts? 42:03 Will AI & ChatGPT Replace Accountants? 47:44 What Wealthy People Do Differently With Money 59:31 The One Money Lesson Everyone Should Learn Before 25 1:00:45 How Becoming an Accountant Changed My Relationship With Money 1:01:53 When Do You Actually Need an Accountant? 1:05:26 The Biggest Myth About Accountants 1:08:27 What Accountants Legally CAN'T Tell You 1:09:46 The One Number Every Australian Should Track 1:13:30 The Money Mistakes That Destroy Relationships 1:18:18 Quick Fire: Tax, Property, HECS, AI & More 1:19:11 The Biggest Money Lesson I've Ever Learned 1:20:27 Why I Became a Chartered Accountant 1:22:39 CPA vs CA vs Accountant: What's the Difference? 1:25:02 Accountant Salary in Australia (2026) If you enjoyed this episode, don't forget to Like, Subscribe, and Share it with someone who wants to become better with money. 📌 Follow Mansi Anand (@yourfavouriteca): Instagram:   / yourfavouriteca   Facebook: https://www.facebook.com/profile.php?... LinkedIn:   / mansi-anand-0426629087   Tiktok:   / yourfavouriteca   📌 Follow Insights With Deven: Instagram:   / insights_with_deven   Facebook:   / 1bqy24brzj   LinkedIn:   / insights-with-deven   Tiktok -   / insights_with_deven   📌 Listen to my podcasts: Spotify: https://creators.spotify.com/pod/prof... Apple Podcasts: https://podcasts.apple.com/us/podcast... 📌Apply to be a guest on the podcast: https://form.jotform.com/261861821807865 #MoneyMistakes #PersonalFinanceAustralia #TaxAustralia #FinancialLiteracy #TaxHacks