Are you earning great money in FIFO but struggling to actually build wealth? You could be leaving thousands on the table and not even know it.

In this episode, our host Adam Schaal sits down with Tegan Larkins, Managing Director of Talent Mining & Minerals and host of The Mining Mum Podcast, to unpack one of the most costly mistakes high-income earners make: not having a financial plan.

They break down exactly how salary sacrificing works, why the "golden handcuffs" of mining income can trap you, and why so many FIFO workers put off getting educated about money despite the clear financial upside.

We cover:

• The real power of salary sacrificing into shares and super—and how it helped Tegan build her home deposit
• The "golden handcuffs" trap and how high income can actually cost you if you don't have a plan
• The barriers that stop FIFO workers from getting financially educated (and why most of them aren't as real as you think)
• How to take action today and start building real wealth
• Women closing the wealth gap through open conversations about money
• Why getting interested in your money early can completely change your future

Whether you're considering FIFO work, already in the industry, or just earning solid income, this episode could be the nudge that helps you stop leaving money on the table.

Don't forget to like, comment, and subscribe for more!

ABOUT ADAM SCHAAL

Adam Schaal is the Founder and Director of Locale Property Group, a leading name in Australia's property and construction industry. With decades of experience and billions in property transactions, he's known for his integrity, leadership, and commitment to transparent, client-focused service. Adam is passionate about helping people achieve their property goals through honesty, expertise, and long-term relationships.

See more from Adam:

LinkedIn: https://www.linkedin.com/in/adam-schaal/

Website:

https://localefinancial.com.au/ https://localehomes.com.au/ https://localewealth.com.au/

ABOUT TEGAN LARKINS

Tegan Larkins is the Managing Director of Talent Mining & Minerals and the host of The Mining Mum Podcast. Based in Western Australia, she has worked in the mining industry for 10 years and now uses her platform to spotlight people in the mining and resources sector. Through The Mining Mum, she shares conversations around FIFO life, mining careers, family, industry pressures, and the real stories behind people working in mining.

See more from Tegan:

Instagram: @miningmum Spotify: https://open.spotify.com/show/0pG0VpYw4efjNnV6NoQD7r Apple Podcasts: https://podcasts.apple.com/au/podcast/the-mining-mum/id1775364763 Website: https://www.talentminingandminerals.com/

ABOUT OWN IT Your Property Partner

Real stories. Real lessons. Real talk.

Buying your first home, upgrading, or investing? It's a big move and you don't have to go it alone.

Hosted by Adam Schaal, the founder of Locale Property Group, Own It is where we discuss property journeys, wins, mistakes, mindset shifts, and everything in between. No jargon. Just honest, empowering conversations that shed light on all things property.

To know more about Own It Your Property Partner, you can visit the links below:

Presented by: Locale Property Group

YouTube: https://www.youtube.com/@LocalePropertyGroup