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345 | COVID Crashed Their Careers – But Now They’re On Track To A Passive Income! – Chat with Tim Martin and Thomas Henry

When Covid hit, Tim and Thomas lost their jobs practically overnight.

At the time, they both worked in aviation – at the same airline, in fact – but all this changed for the couple when international borders went into a snap lockdown and not too long after, they were made redundant from careers they loved… and ones they imagined doing for the rest of their lives.

What happened next is – quite frankly, folks – hard to believe, and no doubt not the norm; particularly when you consider the fact that their life as they thought they knew it suddenly takes a drastic and unwanted shift.

What you’re about to get in this episode is not just a rare look inside an unshakeable mindset, but also something else entirely…

See, prior to all this, our listeners Tim Martin & Thomas Henry had been busting their guts trying to save for their first home deposit…

… and although they hadn’t saved enough just yet, with a click of someone else’s fingers, their years of hard work was immediately under threat.

Think about it for a sec – Their careers were gone. There were job losses sweeping across the globe. There was a serious virus scaring a lot of folks. EVERYTHING was uncertain…

And yet what Tim & Tom decided to do next was…

… Well, Wow.

Please just listen to this episode folks – we’ve kept it the last in Winter Series ‘cos if it ain’t a bang, we dunno what is!

Huge shout out to Tim & Tom for sharing their incredible story with us – powerful stuff, folks!

 

Free Stuff Mentioned

 

Here’s What We Cover…

  • 02:24 – Meet Tim and Thomas
  • 02:59 – What was money like for Tim growing up?
  • 05:28 – When did Tim’s parents purchase their first home? Why?
  • 07:36 – Money discussions around the dinner table for Thomas
  • 07:56 – Coming from nothing, and building your own business!
  • 10:33 – The first paychecks…
  • 13:11 – When you follow dreams that aren’t yours…
  • 16:06 – Falling headfirst into the credit trap :-/
  • 16:43 – How BIG was the credit card debt!?!
  • 18:26 – How did Tim get on top of such a large debt spiral?
  • 21:16 – The BIG Pivot…!
  • 23:33 – When a pandemic stops your entire industry!
  • 23:47 – Why was the airline life so appealing for them, anyway?
  • 26:43 – Their saving tactics for the first home deposit
  • 29:33 – How they discovered the pandemic wasn’t going anyway any time soon
  • 30:18 – The immediate pivot to casual work – How? What? Why?
  • 33:21 – How to use Action as a form of taking back control
  • 34:10 – Finding opportunity amongst the chaos
  • 25:00 – Where do they work now?
  • 35:39 – How many temporary jobs did they “go through” in 6 months?
  • 36:54 – Finding The Property Couch… 🙂
  • 38:44 – Not Cynical But Sceptical… How They Recognised The Spruikers!
  • 41:19 – The hidden benefits of REAL property investment advice
  • 42:28 – How to retire at or before 60!
  • 44:01 – The “Zero to 100” Mindset…
  • 45:08 – Okay, let’s get real – how did all this upheaval feel?
  • 47:32 – The most transformational episodes!
  • 49:26 – How much do they plan to spend on travel each year?
  • 50:38 – Why buy an investment property BEFORE a PPOR?
  • 53:49 – How many properties do they need to achieve their passive income target?

And…

  • 1:00:29 – A look back in the rear vision mirror…

 

 

Note: There are more real-life investor stories like this in our Previous Summer Series! Make sure you check them all out here.

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