451 | From Unspeakable Trauma to Overcoming Doubts & Beach Holidays: How This Nurse Did it! – Chat with Laraine Kenniff

By The Property Couch July 13, 2023 in Podcast, Property Investment, Winter Series

Subscribe On Itunes Subscribe On Android

Today we’re continuing our inspirational Winter Series with a story from a true Aussie battler…

Meet Laraine, a nurse in the Trauma Centre Emergency Department who, until very recently, didn’t think she could see an endpoint.

As she would later share with us…

“I have been kicked and knocked out, and I get sworn at every shift (literally). I stay for the people that we can save as a team. However, sometimes the sadness is relentless.

So what today’s meeting gave me was an endpoint.”

What happened in this meeting, and the complete psychological and self-belief transformation that Laraine undertook is completely mind-blowing, yet it is just ONE amazing and heartwarming chapter in her remarkable tale.

Tune in now to hear how she grew beyond a family environment with absolutely NO money conversations to living her life as a battler and later overcoming her self-limiting beliefs to find her financial confidence despite Australia’s interest rate hikes.

We promise you – this is one episode that’ll completely blow your mind!

Give it a listen now folks 😊 😊 😊

Free Stuff Mentioned

Want to experience the same life transformation as Laraine? 😊 Speak to one of our professional advisors (Like Ben.T!) today and find your own path to design your dream lifestyle today!
Get Moorr out of your money: Keep your goals ahead and your comfort and confidence high with Moorr, your home for all your financial needs and affairs.

Here’s some of the gold we cover…

1:27 – Welcome Laraine 😊
2:01 – From Osmosis to Fearless Transformation
2:26 – Ahhhh the 80’s!
4:58 – Leaving the nest & being really broke
8:15 – Would I be further ahead if…?
9:28 – Twins: A different way of processing things
10:25 – An early chance at peace
14:48 – “I didn’t think I could keep going on…”
16:04 – Changing her own paradigms
17:04 – Folks, it’s about C___meeting I____
19:50 – FOMO (with a twist 😉)
21:44 – Going in with a plan of attack…
22:57 – “This might bankrupt us, but I will get us out of it”
24:30 – The Stress Test
25:49 – How she kept her confidence – and goals – ahead!
28:12 – Trying to be what she wasn’t taught…
30:16 – Navigating this tightening interest rate cycle (aka. How to find Comfort in the Numbers)
35:18 – Why Laraine wanted to share her story
37:22 – …and THIS is how she feels about it!
38:34 – The Circle of Life
42:58 – PHEW, what an amazing episode! Thank you, Laraine! 😊
43:43 – Beware self-limiting beliefs!
45:46 – “Money is Simple, Behaviour is hard”
46:55 – Speak to a professional advisor!
49:21 – Reach out to us on Instagram & Facebook and let us know your favourite part of Laraine’s story!

Want to work with Bryce & Ben’s Award-Winning Team?

a roadmap to $2k per week passive income? >> Start a conversation with our Qualified Property Investment Advisors…
buying an investment-grade property in an investment-grade suburb? >> Start a conversation with our independent and experienced Buyers Agents…
set up or review of your borrowing strategy? >> Start a conversation with our Investment Savvy Mortgage Brokers…
your defence implementation? >> Start a conversation with our Financial Planners…
maximising your tax refund? >> Start a conversation with our Investment Savvy Tax Accountants…

Get Moorr out of your money
Log in or create your free account via the Moorr web platform, or download the app on Apple and Android and transform the way you view and track your wealth.

450 | Thriving After Divorce – Rebuilding Wealth & Renewing Spirit – Chat with Adam Crane

By The Property Couch July 6, 2023 in Podcast, Property Investment

Subscribe On Itunes Subscribe On Android

It’s that time of year again, folks! Today marks the exciting beginning of our highly anticipated 2023 Winter Series.

Get ready for an extraordinary lineup of guests, each with their own awe-inspiring stories that revolve around this year’s captivating theme: “What Drove You To Act.”

Drawing inspiration from those pivotal moments we see in movies, the light bulb moments and “A-ha” breakthroughs, we delve into the driving forces behind every successful investor’s property journey.

We kickstart this incredible series with our first guest, Adam. Join us on this transformative journey as we uncover the importance of prioritizing the “big rocks” in the jar of life. We’ll flip the pages and delve into strategies for building resilience, even when confidence takes a hit.

We navigate the complexities of finances with insights on the “sleep at night tax” and the power of compromise and sacrifice. We’ll confront the venomous obstacles that can hinder progress and emphasize the crucial role of honesty and openness.

Prepare to wade through murky waters, armed with the tools and knowledge to come out stronger on the other side. Reflecting on our experiences takes courage, however, Adam reminds us that amidst the challenges, it’s essential to enjoy yourself and reward your efforts when times are good.

Join us as we unlock the potential of sonic tools and discover why a poor man pays twice. And of course, we’ll sprinkle in some light-heartedness with a mention of Spaghetti Bolognese.

Tune in now or watch the episode below

Here’s some of the gold we cover…

1:53 – Welcome to our Winter Series and our first guest Adam Crane
7:50 – Living within your means
8:20 – Modelled on delayed gratification
10:35 – The cut-off
12:40 – FOMO fed my savings
16:35 – If my bank account is good, I sleep better
22:00 – The paradigm shift
22:45 – What to expect with unexpected life events
23:00 – THE BIG ROCKS IN THE JAR!!!
23:50 – Point of weakness or point of strength?
24:35 – Gaining back the 1%
25:30 – Resilient building
27:05 – Taking a confidence hit
28:40 – Harder to tap out
29:45 – Sleep at night tax??
30:35 – Compromise and sacrifice
31:20 – Easy to say, much harder to practise
31:30 – Venom that exists
32:20 – Honesty and openness is key
33:10 – Through murky waters!!
34:10 – Takes a bigger person to look back
41:00 – What a side hustle…. Sonic Tools, check it out
42:14 – Obsessed with the surplus number
42:22 – A poor man pays twice….
44:55 – Spaghetti Bolognese….
46:50 – Why you must enjoy yourself too!!!
49:00 – When times are good, you must reward yourself!
54:05 – The trap you fall into
58:30 – Money hacks

Want to work with Bryce & Ben’s Award-Winning Team?

a roadmap to $2k per week passive income? >> Start a conversation with our Qualified Property Investment Advisors…
buying an investment-grade property in an investment-grade suburb? >> Start a conversation with our independent and experienced Buyers Agents…
set up or review of your borrowing strategy? >> Start a conversation with our Investment Savvy Mortgage Brokers…
your defence implementation? >> Start a conversation with our Financial Planners…
maximising your tax refund? >> Start a conversation with our Investment Savvy Tax Accountants…

Get Moorr out of your money:

Log in or create your free account via the Moorr web platform, or download the app on Apple and Android and transform the way you view and track your wealth.

449 | Secrets of Bank Foreclosures and the Debt Spiral – Chat with Laurence Hugo

By The Property Couch June 29, 2023 in Podcast, Property Investment

Subscribe On Itunes Subscribe On Android

In our latest episode, we had the privilege of sitting down with Laurence Hugo, a true master in the art of negotiation with over three decades of experience in the dynamic worlds of banking and debt management. Prepare to have your expectations shattered because this conversation is anything but dry folks!!! It’s a treasure trove of wisdom and practical solutions for all your financial challenges.

With his extensive expertise, Laurence specialises in guiding both individuals and businesses through the intricate process of debt settlement. His proven track record includes helping clients secure partial or even complete debt waivers, offering them a much-needed fresh start.

Laurence’s impact goes beyond his impressive resume. He is a true trailblazer who has revolutionised the Debt Negotiation industry. His innovative approach has transformed the way debt negotiations are carried out, ensuring that individuals and organisations can navigate the landscape of debt management with greater ease and effectiveness.

Here are some of the key themes we unpack:

Changing the approach and seeing things from a new perspective
How can we triumph in the face of adversity?
Assessing actions and understanding the risks
How to not let financial challenges become a lifelong prison

If you’re ready to gain invaluable insights and discover practical strategies for overcoming financial hurdles, then this episode is a must-listen. Get ready to be inspired and empowered as Laurence shares his expertise and reshapes the way you perceive the world of debt management.

There is absolute gold in here for EVERYONE!!

Don’t miss out on our latest Q&A episode folks!! Tune in now or watch the episode below

Here’s some of the gold we cover…

2:12 – Mindset Minute
7:30 – Welcome to The Couch Laurence Hugo
11:20 – Learning quick about the value of money
20:45 – 2 different categories
21:45 – Different animal to banks
23:20 – Change your highlighter colours!!
24:40 – Dealing with the problem!
25:35 – How can you win?
27:20 – What am I doing?
28:22 – Risks of an upside-down mortgage
29:00 – 7 years of arrears????
30:00 – If you are facing arrears…. What should you do
31:40 – Snail’s pace
32:05 – Communication is EVERYTHING
32:35 – Banks are made up of human beings!!!
33:50 – THE ONLY OPTION…..
35:06 – Keeping control of the process
39:40 – Overlooking key features!!
41:40 – Why use a negotiator?
42:20 – What response are they looking for?
45:40 – What are those breaches?
47:15 – Connecting the decision-makers
48:55 – Debt spiral
51:40 – Lifelong prison!!!
52:10 – No one size fits all…
54:50 – Butterflies and birds…
56:10 – What is the key time of the month?
57:00 – Such a clever tactic!!
1:00:50 – It’s too good to be true!!!
1:03:20 – Let’s go upstream!!!
1:04:00 – Good debt vs bad debt
1:07:15 – That lifeline call that helped make a difference
1:10:10 – Aiming for being HAPPY in the first place
1:10:35 – The key to happiness!!
1:10:50 – The 5 regrets of the dying!!!
1:11:25 Correlating money to values…
1:16:56 – If this has raised any concerns, please call Lifeline on 13 11 14
AND….
1:23:25 – Life Hack
1:25:50 – What’s Making Property News

Please reach out to Laurence and his team of qualified financial experts who will handle your case with sensitivity and respect.

Want to work with Bryce & Ben’s Award-Winning Team?

a roadmap to $2k per week passive income? >> Start a conversation with our Qualified Property Investment Advisors…
buying an investment-grade property in an investment-grade suburb? >> Start a conversation with our independent and experienced Buyers Agents…
set up or review of your borrowing strategy? >> Start a conversation with our Investment Savvy Mortgage Brokers…
your defence implementation? >> Start a conversation with our Financial Planners…
maximising your tax refund? >> Start a conversation with our Investment Savvy Tax Accountants…

Get Moorr out of your money:

Log in or create your free account via the Moorr web platform, or download the app on Apple and Android and transform the way you view and track your wealth.

RBA Cash Rate July 2023: The Close Rate Call

By The Property Couch June 28, 2023 in Free Resources, Videos

Note: If you’re a regular listener of Ben’s RBA releases, you may have noticed that this update is relatively concise. We’ve mentioned on the podcast that Ben won’t be providing a detailed economic breakdown for this release due to personal reasons. However, rest assured that we will resume our regular programming for the August 2023 release. 😊

Before delving into this month’s RBA Release, it is crucial to acknowledge the current climate of uncertainty, which has led some Australians to make rash decisions relating to their finances. We have seen some members of our community considering delaying their wedding plans, selling their cars, and even selling their properties.

While some of those decisions are well-considered, we are concerned that others might be jumping the gun a bit too soon.

There is no doubt that the stress level when it comes to money is at an all-time high, and we are seeing a similar trend of uncertainty, like at the start of COVID. Back then, to help our community better understand their cash flow, we built this tool called MoneySTRETCH, which lets you know how long your money will last if there’s a change in your circumstances. It really helped our community then.

What is MoneySTRETCH?

In a nutshell, this tool lets you know how long your money will last if there’s a change in your circumstances.

For example, if interest rates go 2% or 3% higher, you can enter the expected repayment value to see the impact on your current and future financial position – down to the exact cent and month! Can you last another 36 months at your current spending level if interest rates are at 9% as another example.

And yes, it can pretty much cater to other questions such as:

Can I even afford anything anymore? Should I take up a second job? Should I start a family this year? Maybe I should push back our wedding. Should I quit this job that I love and get a higher-paying job? Do I have to sell off my car? Should I sell off my property?

Now that we are facing another round of uncertainty, we thought we would share this tool with a wider community and hopefully help others in making better and more informed financial decisions.

If you would like to know more, click here to find out how Money Stretch can empower you to make more informed financial decisions.

Free Mortgage Review

Alternatively, if you would like to book a free and no-obligation consultation with us to review your finances and potentially, chase down a better deal and save more interest, simply fill in the form below to get in touch for a Free Mortgage Review.

Or Click here to learn more about our mortgage team.

Name(Required)

First name Surname

Email(Required)

Phone Number(Required)

State(Required)

Interested in

Name

This field is for validation purposes and should be left unchanged.

8627

Now, let’s get into the RBA announcement.

Transcript:

Ben Kingsley here with an important message for all of us mortgage holders.

Today the RBA board met and they kept the cash rate on hold at 4.10%. Now that said, inflation is still a little bit of a problem so we may be still to see higher interest rates in the short term. Why am I bringing this up as a message? Well it’s really important because at the moment our mortgage costs have been higher than they have been for many many years.

It’s too often I see households which don’t take action. They just accept the current status quo and pay the higher interest rates and pay those higher repayments to their lenders.

Well, I’m here to tell you that if you do ask the question, there are potentially thousands of dollars in interest savings available to you. By way of example, just in the last 12 months alone, our award-winning mortgage broking team has saved over $3.5 million in interest costs.

So again, you’ve got to ask the question.

Now, what I am saying in terms of what’s happening from a competitive environment in the mortgage space is number one; there are still cashback offers available in the space. Now, what does that mean? Well, it means you could be reversing maybe one or two interest rate rises with several thousands of dollars in cash back.

In addition to that, we’re seeing super competitive interest rates. So we do know in the industry, we call it a loyalty tax. So if you’ve been with the land for, say, two or three years, you’re often paying higher interest rates than new customers pay for that exact same bank product. So it’s really important that you continue to keep shopping around.

And finally, one of the latest developments in this space is around refinancing – if you’re trapped in mortgage prison. So you may have gone back to your current lender and they said, look, there’s nothing we can do. And you’re thinking you can’t move because maybe six months ago you spoke to another lender and they said no. Well, there are recent developments around how servicing calculators can be worked around to allow you to refinance from your existing lender. We call that mortgage prison into a new, cheaper line. So even that is worth asking the question from your broker.

Now, if you don’t have a broker or if you’re not happy with your broker, we are definitely putting our hands up here at Empower Wealth, which is our award-winning mortgage brokerage team.

And we are saying to you, let us be that. Ask the question through us. Our services are completely free of charge to you. So what are you waiting for? You’ve got everything to gain and very little to lose. Let us do all the work for you in terms of hunting down a better deal. And if we can’t get a better deal, you haven’t lost anything other than just asking the question.

So if you’re interested in asking the question, all you need to do is fill in your details below and we’ll be in contact with you shortly.

Let’s go out there and chase down a better deal. That money is worth more to you than it is to the bank. Let’s go on and hunt, and find that money for you.

Free Mortgage Review

Name(Required)

First name Surname

Email(Required)

Phone Number(Required)

State(Required)

Interested in

Comments

This field is for validation purposes and should be left unchanged.

14802

Why Investors are Needed to Solve the Affordability Crisis – Bonus Episode with Matt from Aussie Firebug May ’23

By The Property Couch June 27, 2023 in Podcast, Property Investment

Subscribe On Itunes Subscribe On Android

In May, we had the privilege of being featured on the highly regarded Aussie Fire Bug podcast. We delved into the origins of property acquisition, discussing the humble beginnings that led us on our respective journeys. Additionally, we explored the pressing issue of the Australian housing crisis, dissecting the multifaceted implications and exploring potential solutions.

These are the key themes we unpack:

How Ben and I originally made a connection
Property investing guidelines and regulations
We dive deep into our investing strategy/philosophy
The Australian Housing and rental crisis
Active property investing vs passive share market investing
Are property investors adding to affordability issues or are they being used as political scapegoats?
How The Property Couch podcast got started

We extend our gratitude to the Aussie Fire Bug podcast for providing us with a platform to share our insights and engage in meaningful discussions. We hope to continue to inspire and empower our community in pursuit of financial literacy and success.

Don’t miss this awesome bonus episode folks!

Want to work with Bryce & Ben’s Award-Winning Team?

a roadmap to $2k per week passive income? >> Start a conversation with our Qualified Property Investment Advisors…
buying an investment-grade property in an investment-grade suburb? >> Start a conversation with our independent and experienced Buyers Agents…
set up or review of your borrowing strategy? >> Start a conversation with our Investment Savvy Mortgage Brokers…
your defence implementation? >> Start a conversation with our Financial Planners…
maximising your tax refund? >> Start a conversation with our Investment Savvy Tax Accountants…

Get Moorr out of your money:

Log in or create your free account via the Moorr web platform, or download the app on Apple and Android and transform the way you view and track your wealth.

448 | The Interest Only vs P&I Debate – which is better?

By The Property Couch June 22, 2023 in Podcast, Property Investment, Q&A

Subscribe On Itunes Subscribe On Android

In our latest Q&A episode, we dive deep into the intricate mechanics of interest-only loans, we unveil some of the strategies for managing mortgage stress, and we also unlock the hidden gems of building financial muscle memory.

Get ready to unlock a wealth of knowledge and practical insights as we explore the art of budgeting, saving, and setting goals. Discover the power of delayed gratification and learn how it can shape your financial future.

In this episode, we address the burning questions that have been on your mind.

We leave no stone unturned as we demystify these key themes:

The complexities of interest-only loans, shedding light on their benefits and considerations
We explore the nuances of repayment options
Interest rates, and the potential long-term impact of interest-only loans on your financial journey

We also navigate the realm of mortgage stress and unpack how to establish a realistic budget to prioritising savings!

But wait, there’s more! Prepare to unleash the ultimate weapon: financial muscle memory. Discover how small, consistent actions can lead to significant financial gains over time. We delve into the psychology of decision-making, empowering you to seize control, make savvy choices, and skyrocket your financial well-being.

Don’t miss out on our latest Q&A episode folks!! Tune in now or watch the episode below