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445 | How to take on the Big Banks and Win

Get ready for an absolute powerhouse of an episode, folks! We had the immense pleasure of sitting down with Joseph Healy and David Hornery, known as The Judo Boys, and let us assure you, it is an extraordinary deep dive into knowledge and wisdom that will leave you inspired and empowered! šŸŽ™ļøšŸ’”Ā 

Despite the challenges, Joseph and David boldly established Judo Bank in 2016, revolutionising the Australian banking industry. Their extensive experience in the business world, coupled with their remarkable journey with Judo, inspired them to pen the book “Black Belt.” This insightful book delves into the invaluable lessons learned throughout their entrepreneurial endeavours and years in business before embarking on their startup venture.Ā 

Join us as we unpack their journey to financial independence.Ā From navigating the depths of unfulfillment to finding their true purpose, fearlessly embracing calculated risks for rewarding outcomes, and mastering the art of navigating through the ever-changing cycles with discipline and resilience. Joseph and David share invaluable insights on putting your money down strategically, the importance of seeking innovation, and the profound impact of understanding the people story.Ā 

Here’s a glimpse of the priceless wisdom we uncovered:Ā 

āœØ Discovering the true beauty of building for a better future amidst dramatic changes Ā 

šŸ’” Unveiling the invaluable wisdom behind the migrant mindset Ā 

šŸ¦ Are the banks too addicted to property? Ā 

āš”ļø Exploring the Achilles heel and the quiet pride that accompanies taking a leap of faithĀ 

Don’t miss out! Tune in now or watch the episode below šŸ™‚Ā 

Other Stuff Mentioned…Ā 

    • Don’t miss our Start and Build Promotion. Our 40% off Discounted Offer ends Monday 5th June. Sign up hereĀ 
    • Want to read The Black Belt for yourself? Buy it here

Want to work with Bryce & Benā€™s Award-Winning Team?Ā 

Here’s some of the gold we cover…Ā 

  • 0:00 ā€“ Big episode today folks!Ā 
  • 3:20 ā€“ Donā€™t miss our Start and Build Promotion. Ends Monday!! Ā 
  • 10:30 ā€“ Mindset Minute Ā 
  • 17:15 ā€“ Welcome Joseph Healy and David Hornery to the couch!! We are so excited about this chatĀ 
  • 31:00 ā€“ Financial independenceĀ Ā 
  • 32:40 ā€“ The freedom that comes with moneyĀ 
  • 33:50 ā€“ Between the ambulance and the heart attackĀ 
  • 36:00 ā€“ Wanting to live a life of purposeĀ 
  • 36:40 ā€“ The emptiness from unfulfillmentĀ 
  • 36:55 ā€“ Building something with a clear sense ofĀ 
  • 37:40 ā€“ There will be many dark daysĀ 
  • 38:30 ā€“ Where was the muscle memory?Ā 
  • 39:30 ā€“ Skin and muscleā€¦Ā 
  • 41:05 ā€“ You end up being much greaterĀ 
  • 41:50 ā€“ Intelligent, well thought through riskĀ 
  • 42:15 ā€“ Looking behind the veilĀ 
  • 43:50 ā€“ The dramatic changes!Ā 
  • 44:20 ā€“ The annual pilgrimageĀ Ā 
  • 45:50 ā€“ Little choice provides no threatĀ 
  • 47:00 ā€“ No innovation or incentivesĀ 
  • 49:17 ā€“ How do they make more money?Ā 
  • 49:52 ā€“ Whatā€™s the gap they went after?Ā 
  • 50:40 ā€“ What? $16B?Ā 
  • 52:30 ā€“ Authority to make decisions!Ā 
  • 57:50 ā€“ The customer propositionĀ 
  • 59:00 ā€“ The most importantā€¦. the people story!!Ā 
  • 1:01:45 ā€“ What a classicā€¦. Zero to OneĀ 
  • 1:02:25 ā€“ What is the migrant mindset??Ā 
  • 1:03:45 ā€“ Looking for the characteristicsĀ Ā 
  • 1:05:55 ā€“Ā The beauty of building something for a better futureĀ 
  • 1:09:00 ā€“ The extraordinary depth of wisdom!Ā 
  • 1:09:25 ā€“ Are the banks too addicted to property?Ā 
  • 1:09:45 ā€“ The Achilles heal!Ā 
  • 1:15:20 ā€“Ā Being disciplined with expenditureĀ Ā 
  • 1:17:50 ā€“Ā Taking the leap of faithĀ 
  • 1:19:00 ā€“ Out of cycle interest increase???Ā 
  • 1:23:50 ā€“ Quiet pride..Ā 
  • AND…Ā 
  • 1:31:35 ā€“ Life HackĀ 
  • 1:33:55 ā€“ Whatā€™s Making Property News??Ā 

Get MoorrĀ out of your money:

Log in or create your free account via the Moorr web platform, or download the app onĀ AppleĀ andĀ AndroidĀ and transform the way you view and track your wealth.Ā 

 

444 | How to Tackle Mortgage Stress


Welcome to our latest jam-packed Q&A episode, where we dive deep into the multifaceted world of property ownership. From the challenges of retirement risks to the strategies for alleviating mortgage stress, the evolving landscape of tenancy reforms, and the crucial examination of power dynamics, this thought-provoking discussion offers a comprehensive exploration of the diverse perspectives surrounding property.Ā 

Join us as we unravel the complexities of property ownership.Ā Ā 

In this episode, we leave no stone unturned, addressing pressing topics such as the potential risks associated with holding investment properties throughout retirement. Discover effective methods for relieving mortgage stress and explore the realm of mortgage offset accounts, including their inclusion in the ADI 250K protection limit.Ā 

We also delve into the often-unreported rental issues, shedding light on the power imbalances within the landlord-tenant dynamic and examining their profound impact on marginalized individuals.Ā Ā 

Tune in now to this jam-packed Q&A episode, where we provide valuable insights, expert advice, and a wealth of knowledge that will equip you with a deeper understanding of the intricacies of property ownership.Ā Ā 

Don’t miss out! Tune in now or watch the episode below šŸ™‚Ā 

Other Stuff Mentioned…Ā 

Want to work with Bryce & Benā€™s Award-Winning Team?Ā 

Here’s some of the gold we cover…Ā 

  • 0:00 ā€“ Welcome to our latest Q&A Day! We have a big one for you today folks!Ā 
  • 2:40 ā€“ Talking Tax Bonus Episode with Julia Hartman.. You MUST ACT NOW! Ā 
  • 4:40 ā€“ Start and Build! Get Ready!Ā 
  • 9:20 ā€“ Mindset Minute… Frugality and???Ā 
  • 13:30 ā€“ What is that behavioural change??Ā 
  • 15:40 ā€“ Crowd sourcing for what? #chaseformorganĀ 
  • 17:00 ā€“ Community power!!Ā 
  • 19:10 ā€“ Question 1: Should you hold your investment properties all the way through to….Ā 
  • 20:10 ā€“ Exploring the most productive parts of money!Ā 
  • 20:25 ā€“ Where are the risks and whatā€™s the trade off?Ā 
  • 21:40 ā€“ What helps Ben sleep at night?Ā 
  • 23:00 ā€“ Low risk vs high risk…Ā 
  • 23:40 ā€“ How do we select property?Ā 
  • 25:35 ā€“ All wrapped up in a pretty bow!Ā 
  • 32:00 ā€“ Question 2: How to get out of mortgage stress.Ā 
  • 34:10 ā€“ What will happen to the cost of money?Ā 
  • 35:25 ā€“ Is it time???Ā 
  • 36:10 ā€“ Have you exhausted everything?Ā 
  • 37:45 ā€“ Your Future Self with thank you if you….Ā 
  • 38:35 ā€“ Trading through the periods…Ā 
  • 41:30Ā ā€“ Donā€™t panic sell!Ā 
  • 41:40 ā€“Making the invisible….. visible..Ā 
  • 43:55 ā€“ What is your financial peace?Ā 
  • 45:25 ā€“ Question 3: Are mortgage offset accounts included in ADI 250K limit?Ā 
  • 46:18 ā€“ What is the FCS?Ā 
  • 50:35 ā€“ Don’t assume your mortgage liability is…Ā 
  • 51:50 ā€“ Itā€™s simple… Benā€™s view!Ā 
  • 56:30 ā€“ Question 4: The power imbalance between landlords and tenants is??Ā 
  • 1:09:00 ā€“ What is the common ground?Ā 
  • 1:03:08 ā€“ Is capitalism perfect?Ā 
  • 1:03:50 ā€“ How can we reframe it?Ā 
  • 1:12:00 ā€“ Who are we fighting for?Ā 
  • 1:12:28 ā€“ How are we affecting the free market?Ā 
  • 1:19:40 ā€“ Life HackĀ 
  • 1:20:05 ā€“ Whatā€™s Making Property News?Ā 

Get MoorrĀ out of your money:

Log in or create your free account via the Moorr web platform, or download the app onĀ AppleĀ andĀ AndroidĀ and transform the way you view and track your wealth.Ā 

 

443 | How to Break Free from the Spending Trap

 

Join us in our latest episode of MythBusters as weĀ debunk the widespread misconceptions surrounding taxes and financial planning. Prepare to be enlightened as we unravel the complexities of last-minute tax preparation and unveil the secrets of meticulous documentation. Ā 

Brace yourself for the rollercoaster ride through the ever-changing landscape of tax laws and their impact on depreciation claims. Ā 

We also delve into the realm of financial planning, shattering the myth that a defence strategy is merely optional and challenging the notion that it’s exclusively for the middle-aged. Get ready for a treasure trove of knowledge, including the hidden gems of starting early, skill-building, and networking for long-term financial triumph. Ā 

Discover the multifaceted role of financial planners, far beyond their reputation for recommending shares. And in a world filled with uncertainty, we shed light on the art of informed decision-making.Ā 

We promise you that this dry topic will be full of life and give you much-needed insights into a topic that very few of us ever think about AND might just be the key to optimising your portfolio!Ā 

Don’t miss out! Tune in now or watch the episode below šŸ™‚Ā 

Other Stuff Mentioned…Ā 

Want to work with Bryce & Benā€™s Award-Winning Team?Ā 

 

Here’s some of the gold we cover…Ā 

  • 00:00 ā€“ The next instalment of our MythBusters seriesĀ Ā Ā 
  • 12:00 ā€“ Mindset Minute……Ā Ā Ā 
  • 16:44 ā€“ Entrapped by spending??Ā 
  • 20:00 ā€“ Stuck in the 70ā€™s???Ā 
  • 22:30 ā€“ Passing on wisdom instead of??Ā 
  • 24:00 ā€“ Tax Myths..Ā 
  • 24:25 ā€“ #1ā€¦.. Do all accountants know how to maximise yourā€¦..Ā Ā 
  • 29:15 ā€“ Why is forward planning so important?Ā 
  • 33:00 ā€“ What I want vs what I getā€¦..Ā 
  • 34:00 ā€“ Back in my day it wasā€¦..Ā 
  • 35:10 ā€“ #2 ā€“ Devoting a weekend to do what???Ā 
  • 35:35 ā€“ Donā€™t leave the gathering too lateā€¦Ā 
  • 36:10 ā€“ Last-minute scrambling could mean??Ā 
  • 41:30 ā€“ #3 ā€“ Are you sure you know what you can claim on depreciation?Ā 
  • 42:10 ā€“ The cost may be more than the return butā€¦ā€¦.Ā 
  • 44:40 ā€“ Soā€¦ā€¦ what makes a great accountant??Ā 
  • 45:30 ā€“ Listen up!!!! Whatā€™s the data match?Ā 
  • 47:00 ā€“ Financial Planning Mythsā€¦Ā 
  • 47:50 ā€“ #1 ā€“ Defence Strategy is discretionary rather than a???Ā 
  • 48:10 ā€“ Protecting your biggest assetā€¦Ā 
  • 51:20 ā€“ Change the paradigm from expense to??Ā Ā 
  • 53:20 ā€“ #2 ā€“ Financial planning advice is only for who????Ā Ā 
  • 53:40 ā€“ The value of using a Financial Planner?Ā 
  • 54:00 ā€“ The benefits of starting early??Ā 
  • 1:01:10 ā€“ Goal setting, education andā€¦ ???Ā 
  • 1:03:20 ā€“ #3 ā€“ Financial Planners recommend you buyā€¦. ??Ā 
  • 1:03:45 ā€“ What is the history?Ā 
  • 1:06:50 ā€“ Is now the time to be in the property market?Ā 
  • Andā€¦..Ā 
  • 1:13:50 ā€“ Life Hackā€¦. Now is a VERY GOOD TIME TO BE???Ā 
  • 1:17:40 ā€“ Whatā€™s Making Property News

Get MoorrĀ out of your money:
Log in or create your free account via the
Moorr web platform, or download the app onĀ AppleĀ andĀ AndroidĀ and transform the way you view and track your wealth.Ā 

 

442 | NRL Star on Money, Property and Life after Footy – Chat with Chad Townsend


In this weekā€™s episode, we sat down with NRL superstar Chad Townsend. And let us assure you folks, this one is NOT JUST for sports loversā€¦ It truly has something for EVERYONE. It is absolutely packed with inspiration and wisdom.Ā 

Chad’s incredible journey from 17, when he made a huge decision to purchase his first property, to his current state is an inspiring testament to perseverance. His story sheds light on the sacrifices that he had to make, to embracing pivotal catalysts that propelled his progress. Ā 

In the pursuit of financial success, Chad talks about how crucial it is to adhere to timeless principles (that we regularly talk about here on the couch), regardless of your income level. Ā 

In this discussion with Chad, we unpack:Ā 

  • Trusting your instincts and how making sound decisions become key factors in determining the right pathĀ 
  • The significance of trustworthy relationships Ā 
  • How investing early lays the foundation for long-term prosperityĀ 
  • The formula for successā€¦.. Discipline, Sacrifice, and unwavering Hard WorkĀ 
  • How engaging the expertise of a Buyerā€™s Agent proved to be invaluable Ā 
  • ANDā€¦ā€¦ What lies ahead for Chad when the adrenaline fades!! Ā 

What a sensational episode! It was an absolute delight to have a chat with a true superstar of the NRL. Despite his incredible achievements, his humility shines through, making it a truly memorable experience.Ā 

Tune in to the discussion or watch the episode below.

Other Stuff Mentioned…Ā 

Want to work with Bryce & Benā€™s Award-Winning Team?Ā 

 

Here’s some of the gold we cover…Ā 

  • 06:00 ā€“ Mindset Minuteā€¦ The psychology of???
  • 13:50 ā€“ Welcome to todayā€™s guestā€¦ Chad Townsend
  • 19:50 ā€“ Using the same principles, no matter how much money you make!!
  • 22:30 ā€“ Questioning whether you are doing the right thing and trusting your gut
  • 25:00 ā€“ How important are relationships that you can trust??
  • 27:00 ā€“ Investing your money early? Is it important??
  • 29:47 ā€“ Do you understand money??
  • 30:30 ā€“ What is the common focus???
  • 31:20 ā€“ Great adviceā€¦. If you make the most of itā€¦ It can give you a good??
  • 33:50 ā€“ What is the formula of success?? Discipline, sacrifice and???
  • 35:10 ā€“ Putting your energy into the things you can control
  • 36:10 ā€“ Are athletes normal people going through the same adversities??
  • 37:20 ā€“ What were the sacrifices Chad had to make??
  • 38:00 ā€“ Driving a what? For how long?
  • 39:19 ā€“ What was the catalyst??
  • 40:00 ā€“ Why using a Buyers Agent proved to be invaluableā€¦.
  • 42:10 ā€“ What is the next phase of wealth creation?
  • 43:15 ā€“ Why does lowering the bank account seem so scary??
  • 47:30 ā€“ What was the great idea??
  • 51:20 ā€“ Does renting culture need to change in Australia?
  • 55:10 ā€“ The bold decision made by a 17-year-oldā€¦.
  • 56:20 ā€“ What is next when the adrenalin hits run out??
  • 57:40 ā€“ How to find that energy balance?
  • 1:04:00 ā€“ What can you do today?
  • 1:04:55 ā€“ Some of the biggest things Chad has learned over the journeyā€¦
  • 1:05:40 ā€“ The ability to show patience??
  • 1:06:20 ā€“ The importance of a long term horizon..
  • 1:08:00 ā€“ What does it feel like for you inside???
  • Andā€¦
  • 1:15:50 ā€“ Life Hack!!
  • 1:17:15 ā€“ Whatā€™s making property news?

 

Get MoorrĀ out of your money:
Log in or create your free account via the
Moorr web platform, or download the app onĀ AppleĀ andĀ AndroidĀ and transform the way you view and track your wealth.Ā 

 

441 | Why Great Investors Don’t Need to be Champions

Investing can be a daunting task, as it requires making definitive decisions in an uncertain and ever-changing market. Ā 

Many people fall prey to the sirens that lure them towards investment traps, but todayā€™s guest Michael Kemp, the author of the Ulysses Contract, has spent 35 years mastering the art of investing and avoiding these traps. Ā 

He emphasizes the importance of staying focused on your investment goals and using history, diversification, and patience as your guide towards financial success. Great investors don’t necessarily need to be champions, but they do need to apply skill to generate market-beating returns. Ā 

He also believes that investing is more about farms than casinos, highlighting the importance of long-term thinking and disciplined execution. Ā 

We satĀ down on the couch with Michael and explored some key insights;Ā 

  • The investment sirens to watch out for…Ā 
  • Why Great Investors Don’t Need to be ChampionsĀ 
  • How to generate market beating-returns through the application of skill Ā 
  • How to create your own watertight plan to pursue your own form of investment success and financial freedom! Ā 
  • Why investing is about farms, not casinos? Ā 

Tune in to the discussion to gain valuable insights and take your investment game to the next level. You can also watch the episode below.

Other Stuff Mentioned…Ā 

    • Check out theĀ new Moorr DashboardĀ on your Mobile device
    • Want to be a part of our 2023 Winter Series? We would love to hear from you… Register your interest here >>Ā Winter Series
    • Buy a copy of Michael Kemp’sĀ The Ulysses Contract today

Want to work with Bryce & Benā€™s Award-Winning Team?Ā 

 

Here’s some of the gold we cover…Ā 

  • 00:00 ā€“ All the awesome stuff weā€™re covering today!Ā 
  • 02:53 ā€“ Whatā€™s the new feature in the Moorr Mobile Platform??
  • 04:15 ā€“ Shout out for our upcoming Winter Series.. We would love to hear from you. Register your interest here >> Winter Series
  • 07:55 ā€“ Mindset Minute…. To invest successfully over time does not requireā€¦ā€¦???
  • 10:40 ā€“ Letā€™s welcome todayā€™s guest…. Michael KempĀ Ā 
  • 13:45 ā€“ What?? A colouring competition led to a bike??
  • 20:00 ā€“ From Dentistry to Corporate Finance
  • 22:58 ā€“ Retirement? What retirement?
  • 23:52 ā€“ Michaelā€™s philosophyā€¦. The 3 Fā€™s; Friends, Family and???
  • 28:33 ā€“ The importance of exploring the experiences of people that came before youā€¦
  • 31:00 ā€“ How do you help your kids without feeding them a sense of entitlement?
  • 31:52 ā€“ Is it discipline or is it patience??
  • 33:30 ā€“ The mindset of self-discovery
  • 35:30 ā€“ Where did the Ulysses Contract get its name??
  • 37:08 ā€“ Songs, Sirens and Bells!!
  • 37:40 ā€“ How do you stay on the journey?
  • 38:00 ā€“ What are the TEMPTATIONS??
  • 38:43 ā€“ Kicking through a sieve of logicā€¦
  • 39:30 ā€“ Which one is most important???
  • 41:33 ā€“ Why would you make that contract for yourself?
  • 47:40 ā€“ Why would you look for narratives over statistics??
  • 51:15 ā€“ Great investors donā€™t need to be championsā€¦.
  • 53:20 ā€“ The skill it takes to beat the market!!
  • 56:30 ā€“ The epiphany that took 35 years!!
  • 56:55 ā€“ What are THE SIRENS?
  • 58:50 ā€“ Integrity and ???..
  • 59:40 ā€“ WHAT IS THE GREATEST FORCE?
  • 1:00:50 ā€“ Reversion to the what??
  • 1:02:10 ā€“ How to look at the horizon
  • 1:12:00 ā€“ Huh??? Treat our investments like farms and not casinos??
  • 1:13:50 ā€“ WHAT IS THE CONTRACT??
  • 1:19:10 ā€“ The wisdom that comes when the market starts misbehaving.
  • 1:19:50 ā€“ When the storm ACTUALLY brings CALM

Get MoorrĀ out of your money:
Log in or create your free account via the
Moorr web platform, or download the app onĀ AppleĀ andĀ AndroidĀ and transform the way you view and track your wealth.Ā 

 

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