# From 0 to 7 Investment Properties in Under 4 Years | Brendon & Matt | CHANGING LIVES | Season4 Ep 52

An episode of [Money Mentor Podcast™](https://invisiblenetwork.ai/podcast/1632604767), 21 Jun 2026, 1 h 04 min.

Audio: https://episode.flightcast.com/kj7k1suelwqzf20epxj44mpp.mp3

In this episode of The Money Mentor, Brendon and Matt are back for Part Two and the update is nothing short of remarkable. They returned from Europe in 2017 with unforgettable memories and $60,000 in credit card debt. The couple realised something had to change. Eight months of brutal discipline later, they had saved a full house deposit and had a hunger to do more. By November 2022, they had another $100,000 in savings but no clear direction until a late night webinar caught their eye and their Infinity journey began. When they last sat down with G, their story was already extraordinary, six investment properties and a mortgage nearly paid off. Now they're back with seven investment properties, a home loan sitting at just $42,000, and an August wedding being planned, on a budget and entirely on their own terms. Matt is studying for his master's in social work, and with their mortgage almost gone, the couple are now dreaming bigger than ever. In this episode they share the habits and mindset shifts that got them here, and the tips they'd pass on to anyone ready to take control of their finances. Brendon and Matt are back. And their story just keeps getting better. Ready to change your financial future? 👉 Start by watching the FREE webinar and see what's possible: https://bit.ly/43V2jKN

## Transcript

[0:00] How many investments have we got to date?
[0:03] Seven.
[0:04] Seven investments.
[0:05] Yep.
[0:06] How many investments did we have three years ago?
[0:08] Zero.
[0:09] Before we started?
[0:10] None.
[0:11] None.
[0:11] Zero.
[0:11] A wish and a promise.
[0:13] A wish and a promise.
[0:14] A hope and a prayer.
[0:15] A wish and a prayer.
[0:17] Is it safe to say that you've completely transformed your finances, your retirement savings, your budget, your...
[0:25] your mortgage, investments.
[0:27] It sounds like a transformation.
[0:29] It's completely changed.
[0:32] You'd be thinking that, okay, maybe you could only just do your mortgage, but then to add seven investment properties, then to do this in your super as well.
[0:40] It's just changed the whole dynamics of it all.
[0:42] Things that we always sort of had hoped for and dreamed about are actually our reality now.
[0:48] Yeah.
[0:49] It's a bit weird.
[0:51] Sort of manifested it.
[0:52] Yeah.
[0:53] A bit of hard work.
[0:53] Yeah, just a little bit of hard work.
[0:55] A little bit of hard work.
[0:57] So does it feel a bit surreal?
[0:59] Yeah.
[1:01] It does.
[1:01] Yeah, like, especially when you talk to people and they're like, how did you do all that?
[1:06] Money isn't rude of all evil.
[1:07] The fucking lack of it is.
[1:08] Not money.
[1:09] The lack of understanding money.
[1:11] When I put that into emphasis, when I realised our psychological effect and how it hit our family, I FDB all the fucking way.
[1:17] You are now watching the Money Man Talk podcast with Graham Holm.
[1:21] Graham Holm.
[1:23] They came home from Europe in 2017 with memories that were priceless and a financial situation that was anything but.
[1:31] How much credit card debt?
[1:32] At one point it was about $60,000.
[1:35] Yes.
[1:38] $60,000 in credit card debt, no savings, and a dream to buy a home that seemed out of reach.
[1:45] eight months on a diet of two-minute noodles and relentless discipline, they saved the full deposit, bought a home, and the drive to do more was ignited.
[1:55] Five years later, Brendan stumbled across a webinar out of boredom.
[2:00] By that weekend, they had signed up to start their life-changing infinity journey.
[2:05] The credit cards, all of them, closed.
[2:10] A budget held at 4.30 a week.
[2:12] That whole success mentality just drives you to just do even more and be more conscientious and those little habits have all dropped away.
[2:23] When they last sat here, the story was already remarkable.
[2:27] From 60,000 in debt to six investment properties and a mortgage that was almost gone.
[2:33] Now they're back and the update is staggering.
[2:37] Seven investment properties, a home loan down to 42,000.
[2:40] Brendan and Matt are back.
[2:43] And the story just keeps getting better.
[2:47] Welcome back to another episode of the Money Mentor on the Changing Lives Financially series.
[2:52] And today we have two special guests back for round two, I think this time.
[2:57] Hello, Brendan and Matt.
[2:58] How are we?
[2:59] Yeah, pretty good.
[3:00] How about you?
[3:00] Oh, I can't complain.
[3:01] Bec still doesn't listen.
[3:02] She's sick of hearing it.
[3:04] so welcome back thank you it's been it's just about to be a year so you guys did series three episode five so if anyone wants to go back and listen we'll pop it in the show notes which was june 2025 so about 11 months on how was the first podcast
[3:22] It was good.
[3:23] A bit nerve-wracking.
[3:24] I would agree.
[3:25] You did give us a challenge.
[3:27] We thought we'd be back earlier.
[3:29] We thought it was going to be December to be under $100,000 and another property.
[3:34] Yeah.
[3:35] So we slogged our asses off to make sure that we were ready for it.
[3:39] Good.
[3:39] Good.
[3:40] So give everyone, I guess in case anyone's hearing this for the first time, seeing it for the first time, just quickly give everyone at home a quick helicopter view, who you are, how you found us, why.
[3:51] We'll give them the sort of history lesson first and then let's maybe jump into a bit of an update.
[3:55] Yep.
[3:55] Well, I'm Brennan.
[3:57] Basically, we found your webinar on Facebook on, would have been late 22, joined the free webinar and then went on to the masterclass, the two-day masterclass in November of the same year and then signed up.
[4:14] afterwards and been with you for about three years now you poor buggers you could have been on parole by now you stuck with us all this time it's been amazing it's been a great journey if this is parole you'll take it the guilty is charged so uh when we start what was the what was the pain point why did we start why did you find us all that sort of jazz
[4:38] So we were sitting there.
[4:40] We had saved up some money.
[4:42] We knew that we wanted to invest.
[4:43] We had gone to try to find another broker elsewhere that we'd found through a mate, but it was just...
[4:51] Flaky as anything.
[4:52] Yeah.
[4:53] Like we'd give our numbers and there was just no follow through.
[4:56] So it was probably a blessing in disguise.
[4:58] I said, like, hey, can you help me?
[4:59] Here's our stuff.
[5:00] And then nothing, nothing.
[5:02] It's like, dude, don't you want to, like, sign?
[5:04] Yeah.
[5:04] Okay.
[5:06] So we just didn't really have a clue where to go and then seeing your webinar and podcast, it just, it made sense.
[5:12] It just took you down that track and you just, you don't give a crap as well.
[5:17] So, you know, the way you talk.
[5:19] I do care, but I don't, yeah, I don't care.
[5:22] Yeah.
[5:23] It's a bit of a joke.
[5:24] Yeah, anyway.
[5:24] I do, but I don't.
[5:26] Take it or leave it.
[5:27] That's it.
[5:27] That's how it was.
[5:28] And it was, it was just real.
[5:31] So it just felt right.
[5:34] So to give people a reason to listen to this, we had a $386,000 home loan when we started in early 2023.
[5:43] Yeah.
[5:44] And now in May, so we just crossed three years.
[5:48] What's the balance today, three and a bit years on?
[5:50] $42,000.
[5:52] $42,000.
[5:53] So $344,000 gone in just over three years.
[5:58] Yeah.
[5:59] So it sounds like we should have the whole 386 gone in three and a half just before four years, three and a quarter years?
[6:06] Easily.
[6:07] Three and three quarters.
[6:07] Okay.
[6:09] Explain.
[6:10] Well, that's our goal.
[6:12] We wanted the house paid off in under 10.
[6:14] Yep.
[6:15] And we'll have been in where we are now eight years in October, and we're like, why not bring it ahead two years and pay it off?
[6:22] Okay.
[6:23] And Brendan wants to pay it off before he's 40.
[6:25] That would be a nice little cherry on top to be debt-free before 40.
[6:30] So for someone listening in at home, like, you can't pay $386,000 off in four years or under.
[6:34] Explain.
[6:40] Budget, stick to a budget.
[6:41] You've got to have a budget.
[6:42] We didn't have a budget before.
[6:43] Yeah.
[6:45] You know, we were still doing fairly okay.
[6:46] You know, we saved up a bit of money, had a bid in Redraw.
[6:50] But we could have been doing a lot better, like we're doing what we had in Redraw over that three years.
[6:56] We're doing now every year.
[6:58] So number one's budget.
[7:00] Budget.
[7:00] Okay.
[7:01] How strictly are you guys sticking to the budget?
[7:05] You stick to it.
[7:07] You stick to it.
[7:08] So it's not like a whiffy, washy, sometimes we try to, it's meticulous.
[7:15] It's not a vibe.
[7:16] No, it's not a vibe.
[7:18] It's a thing.
[7:19] It's a rule.
[7:20] It's a religion.
[7:20] It's not a budget if you don't stick to it.
[7:22] Yeah, I've got a budget, I just don't stick to it.
[7:24] Yeah, it's not a budget.
[7:26] How much have you had to go without then?
[7:29] If you've got a budget and you've got to eat noodles six different ways and you've got to have savoury mince every Saturday.
[7:34] Does it look like I'm going to go?
[7:39] So we're not going without?
[7:40] No.
[7:40] We're not skipping a meal?
[7:41] No.
[7:42] Okay.
[7:42] Okay.
[7:44] So I'm sitting at home right now and I'm thinking, nah, $386,000, four years or under, call it $400,000.
[7:51] That's $100,000 a year.
[7:53] It sounds impossible.
[7:55] But then I think, well, okay, if you've got a couple and you're on $100,000 each year just making up a number, you're on $100,000, $100,000, well, surely you can dump one off the debt and live off the other.
[8:07] And that's pretty much what we're doing.
[8:08] But you can also take back anything above the minimum if you want to go overseas.
[8:13] I think people get stuck on minimum repayments.
[8:16] They're like, oh, I would have to pay $100,000.
[8:18] seven grand a week or five grand a month or, you know, I think of these wild numbers.
[8:22] Yeah.
[8:22] You don't have to.
[8:23] You just, it's just the structure.
[8:25] Obviously a few guys have you're sitting all your surplus money in the loan.
[8:29] Correct.
[8:29] Correct.
[8:30] Okay.
[8:30] So budget structure is obviously different now.
[8:34] And I think a good illustration for just paying the minimum because there's going to be listeners out there that will have a credit card.
[8:41] And on your statement, you get that little table.
[8:44] If you just pay the minimum, it'll be 24 years and tens of thousands.
[8:49] However many thousands of dollars of interest.
[8:52] Or you just pay that little bit more.
[8:53] You'll be done in two years and you'll have paid this much time.
[8:58] Like only this tiny little amount.
[9:00] And relate that example on the bottom of your statement to your home loan.
[9:03] Yeah, scale it up.
[9:04] Why don't they put it on a home loan statement?
[9:08] Well, that wouldn't be profitable.
[9:10] Come on.
[9:13] That would be ethical.
[9:14] Yeah.
[9:15] Yeah, they have to do it on the unsecured debt, right?
[9:17] Yeah.
[9:18] They have to do it there because it's like 20%.
[9:20] Oh, the cheap, the home loan over 30s.
[9:21] We don't have to talk about that.
[9:23] No.
[9:24] Okay.
[9:25] What's so different structurally now to what you were doing prior?
[9:30] I think structurally sort of like having that 4.30 a week that we know, it has sort of brought around its own structure.
[9:38] It sort of falls out from that.
[9:41] So you sort of start to work out what your weekly routine is, like going shopping on a weekend and like just sort of following pretty much a sort of set sort of structure for that.
[9:53] we get our fuel on a Monday or a Tuesday.
[9:55] We don't particularly worry about the cheap day.
[9:57] But because we know that we're putting fuel in every week, it's not this anxiety of fill up the tank and then, oh, my God, how are we going to get through because payday is still four days away.
[10:08] The structure falls out from that budget.
[10:11] Okay.
[10:12] It's like fine-tuned machines.
[10:14] Yeah.
[10:15] And investment wise for anyone who hasn't said, go back to series three, episode five of money mentor in June, 2025.
[10:23] How many investments have we got today?
[10:26] Seven, seven investments.
[10:29] How many investments did we have three years ago?
[10:32] Before we started?
[10:33] None.
[10:34] None.
[10:34] Zero.
[10:35] A wish and a promise.
[10:36] A wish and a promise.
[10:37] A hope and a prayer.
[10:38] A wish and a prayer.
[10:40] So we've been able to get seven investments in three and a bit years, just over three years.
[10:46] The mortgage will be gone in three and a half, four years.
[10:50] We've already sold one of the investments.
[10:52] Yeah.
[10:52] Yes, we did.
[10:54] That was in your super fund.
[10:55] So you had a financial plan to have a self-managed super fund.
[10:58] Yeah.
[10:58] And you bought in that for $7.49?
[11:00] $7.49.
[11:00] And sold for $9.49?
[11:02] Correct.
[11:02] So we made $200,000 before.
[11:07] So in self-managed super pre-preservation, I think it works out to be a flat rate of 10% or something, so you would have lost about $20,000 in CGT, but you're up $180,000 in like two years in your super fund?
[11:19] Yeah.
[11:19] So then what are you buying again, or you've invested it somewhere else, or...?
[11:23] We upgraded.
[11:24] Upgraded.
[11:24] Yeah.
[11:25] So now you've gone from a home into a fancy apartment.
[11:29] Yeah.
[11:30] Okay.
[11:30] Yeah, and we've moved some over into a fund and some other commodities.
[11:37] So is it safe to say that you're not just paying your home loan down in four years, three and a half, four years?
[11:45] You've completely transformed your finances, your retirement savings, your budget, your...
[11:51] your mortgage, investments.
[11:53] It sounds like a transformation.
[11:55] It's completely changed.
[11:59] You'd be thinking that, okay, maybe you could only just do your mortgage, but then to add seven investment properties, then to do this in your super as well.
[12:08] It's just changed the whole dynamics of it all.
[12:11] Things that we always sort of had hoped for and dreamed about are actually our reality now.
[12:17] Yeah.
[12:18] It's a bit weird.
[12:19] Sort of manifested it.
[12:20] Yeah.
[12:21] With a bit of hard work.
[12:22] Yeah, just a little bit of hard work.
[12:23] A little bit of hard work.
[12:25] So does it feel a bit surreal?
[12:28] It does.
[12:28] Yeah, like especially when you talk to people and they're like, how did you do all that?
[12:32] And it's like, stick to a budget.
[12:35] Like when people hear that you've got a $430 budget, they just go, how?
[12:39] And it's like, well, you plan your meals.
[12:41] Groceries, fuel, and a bit of fun.
[12:43] How many coffees do you buy a week?
[12:45] How much do you eat out?
[12:46] Like...
[12:47] What's the number one question when you, because you've got very giving with your time and you come to a lot of REMS and share that stuff.
[12:54] What's the number one thing that people would ask you?
[12:57] Is it, you know, your budget?
[13:00] Is it, hey, like, how are you not scared?
[13:03] Or what's the number one thing you hear all the time?
[13:06] It'd be the fear.
[13:07] Fear?
[13:07] Yeah, they're just scared of the unknown.
[13:09] Right.
[13:09] They don't know what they don't know.
[13:11] Yeah.
[13:12] Did you experience that same fear when you started, Bob?
[13:15] I'll tell you.
[13:16] There was that sort of trepidation.
[13:18] A little bit.
[13:19] Yeah, a little sphincter fucker.
[13:22] A little sphincter fucker, yeah.
[13:23] Okay.
[13:24] So for someone that's sitting at home going, oh, fuck, I can't pay my mortgage off any faster.
[13:28] What a load of shit.
[13:28] Well, you can because we've got thousands of families that do it.
[13:31] That's why we keep sharing this to celebrate your success.
[13:34] And hopefully someone goes, well, shit, I'm just like the boys.
[13:36] We could do this as well.
[13:39] How do you feel the fear and do it anyway, as Kerry would say?
[13:42] Like, feel the fear and do it anyway.
[13:43] How do you get past that speed hump?
[13:47] You've just got to push through.
[13:48] It's like what is the worst that could possibly happen?
[13:52] Okay.
[13:53] And it's not a task.
[13:54] It's an experimentation.
[13:57] You experiment every day with little things.
[14:00] So why not experiment and see, hey, how much can we live off?
[14:05] And, like, I'm not saying you need to go and do it every day, but just maybe try it for a week and see what you do.
[14:13] then reflect on it and see if you can do it a bit better.
[14:16] It's a good way to put it, like experiment.
[14:17] Like where can you go wrong trying to pay off your own debt a little bit quicker?
[14:24] Yeah.
[14:24] How can you – like I don't really see how anyone – oh, that's bullshit.
[14:28] It's a pyramid scheme.
[14:29] How can you really fail by spending less and achieving more?
[14:34] The only way you fail is if you spend more, which everyone's fucking spending – they're all FIFA.
[14:40] The money's flying in, flying out.
[14:42] But you still learn something from that.
[14:44] Yeah.
[14:44] That you can't control yourself or you can control yourself.
[14:47] And I think the other thing, because everyone understands like having a plan is how you get to your destination.
[14:55] Yep.
[14:55] But so many people don't even really know what their destination is.
[14:59] They're like, oh, the world's so uncertain.
[15:01] Yes, it is.
[15:02] But there are still things in your circle of control.
[15:05] How much you tap that card, what you buy every week, those choices that you make are your choices.
[15:13] So we would have been coming out of COVID-19 still, 2023?
[15:17] Yeah.
[15:18] Just out of, or just, yeah, just happening still?
[15:23] That's a pretty big risk.
[15:24] The world was a shit fight.
[15:26] He decided to go balls to the wall, smash down the debt, start investing, a lot of uncertainty.
[15:31] How do you push through that?
[15:33] Well, it's the community around us as well.
[15:36] So coming to REM, like we had other testimonials there that would share their stories with us and, you know, give us their experience of the process and how it all worked and, you know,
[15:48] It just took that anxiety.
[15:51] You still have that sphincter pucker there.
[15:52] Yeah.
[15:53] But it's a bit of comfort going, yes, we're not all.
[15:56] You can pick someone else's brain.
[15:58] Yeah.
[15:59] Yeah.
[15:59] And you can reach out to them.
[16:00] Like, the community is so generous with their own time.
[16:02] Yeah.
[16:03] You can reach out to them and talk to them and, you know, they're not going to flog you off or call you stupid.
[16:08] Yeah.
[16:09] So you guys were quite aggressive.
[16:11] Like obviously seven properties in three, four years is pretty aggressive.
[16:15] Yeah.
[16:16] Why so hard?
[16:18] What's the push?
[16:19] What's the drive?
[16:19] Well, I don't see the point in going slow anyway, so you may as well just go all in.
[16:26] Okay.
[16:28] For me, it's like, why not?
[16:31] This is like our optimum earning time.
[16:34] By the time that we retire, there probably won't be an age pension.
[16:38] We're going to have to look after ourselves.
[16:40] So whilst we've got it in us and we've got that steam, let's just push right through it.
[16:46] Yep.
[16:47] Makes sense.
[16:47] Build our wealth now because it's not getting any easier.
[16:52] And as you say, it's time in the market and your biggest asset is time.
[16:56] Yeah.
[16:56] Spend the time in the market, get the return.
[16:58] Yeah.
[16:59] When you're where you need to be, then you can decide.
[17:01] Cash out, collect the rent, the income, whatever it may be.
[17:03] Yeah.
[17:04] What's the big goal for you guys?
[17:06] What's the big rainbows, lollipops and unicorns?
[17:09] This is something that we've actually talked about a bit.
[17:12] And has it changed?
[17:13] Because I think people don't know what they don't know.
[17:16] When you say, oh, it'd be nice to pay the home off quicker and get an investment.
[17:19] Next minute you've got seven and the home's paid off.
[17:22] Shit, I don't know if we were dreaming big enough.
[17:26] I've always been pretty clear in my mind about it.
[17:28] And like, it's a conversation that we do have back and forth.
[17:31] Okay.
[17:31] And Brendan's answer is, I just want to be comfortable.
[17:33] I'm like, what's your comfortable?
[17:35] Because I know what my comfortable is.
[17:37] And I'm sure they're two different things.
[17:38] Right.
[17:39] And that's it.
[17:40] Look, in any relationship, there's always usually two polar opposites pulling in different direction.
[17:46] And then they compromise.
[17:47] It's happily married.
[17:48] Right.
[17:48] So what are those two different comfortables look like?
[17:52] What's the big goal?
[17:54] You paint yours first.
[17:55] Well, look, we don't have kids.
[17:57] We're not going to have kids.
[17:58] So, you know.
[17:59] Dinks.
[18:00] Double income, no kids.
[18:02] Yeah.
[18:02] Exactly.
[18:03] But who's going to take care of us?
[18:05] Right.
[18:05] So it's about just when we're older and grey.
[18:12] It's white gold.
[18:13] I've seen that.
[18:15] I've seen that.
[18:16] He did.
[18:16] You didn't see that, did you?
[18:18] They were older and...
[18:19] Right.
[18:21] That's my white gold.
[18:22] Yeah.
[18:23] He's in his silver fox era.
[18:25] He's in his silver fox.
[18:26] Oh, he's got more hair than I do.
[18:30] Just so that we can take care of ourselves without having to rely on government handouts and being, you know, it's just sort of that, you know, being medically taken care of.
[18:41] So comfort for you would just be security almost?
[18:43] Yeah.
[18:44] Like stability, security, to not go without, but to have everything you need?
[18:48] Yeah, that's it.
[18:49] Just everything I need.
[18:50] Okay.
[18:51] Silver Fox?
[18:52] Silver Fox?
[18:53] I want to level up.
[18:54] I want to level up.
[18:56] Not partner-wise, no.
[18:57] No.
[18:57] No.
[19:01] No, I'd like to be able to get to a point where we can have a couple of places around the world.
[19:07] Okay.
[19:08] Because my uncle who was from Canada, he would come and he'd spend six months out in Australia because he hated the Canadian winter.
[19:16] Right.
[19:17] And he had the money to be able to do that.
[19:19] And that was something that I admired.
[19:20] And I was like, one day I want to be just like that.
[19:23] Right.
[19:23] Yeah.
[19:24] And his wife was some freak-o mathematician.
[19:29] Right.
[19:30] And she'd invested her money really, really wisely.
[19:33] And he had no idea.
[19:34] So when she passed and left it all to him, he came into all this money.
[19:40] And he's like, well, I'm going to live this great life where I don't have to suffer through a winter.
[19:45] Okay.
[19:45] So I'd like to be able to do that as well, have the endless summer.
[19:49] So I'm happy to compromise.
[19:52] with that a little bit so endless summer just be comfortable so you be comfortable while he's travelling
[20:01] I said I'll compromise.
[20:02] I need to take care of him.
[20:06] Okay.
[20:07] So two quite, not you, but, well, yeah, very contrasting goals or aspirations.
[20:14] So how do you, this is a really good point now, how do you as a couple come together and compromise when you have such different goals?
[20:23] you know, not opposing, but, you know, we're not converging.
[20:26] We're going the opposites almost in those goals, right?
[20:29] So one is if we continue to do this and we own the home now, which is great, and then we just need a little bit of an investment income and we're okay and you could stop, right?
[20:37] And you're like, no, no, I want to have something in Tahiti or the Maldives or, you know, or a little place in Europe on the coast or something.
[20:45] How do you bring that together and compromise?
[20:49] for people because a lot of people aren't a team.
[20:52] So go back and watch Stephen Sue-Ann's video about how she gets what she wants.
[20:57] Well, I think you called it gaslighting.
[21:00] She called it gaslighting.
[21:03] False fight.
[21:04] False fight.
[21:07] No, I wouldn't do that.
[21:08] Oh, no, never.
[21:08] No, no, no, never.
[21:11] It's kind of the same plan.
[21:13] Mine just has a few extra bells and whistles.
[21:15] Yeah, okay.
[21:16] Mine's just, you know, that's the fundamentals of it.
[21:19] Sorry, that's a good point.
[21:20] So same plan, comfortable, don't need for anything, can look after yourself, just maybe with a second location.
[21:27] Or a third or a fourth.
[21:28] Yeah.
[21:31] It's the age we're going to have when I get home.
[21:34] So we're going to have a place in Spain and we're going to have a place in here.
[21:38] A lake house.
[21:39] Yeah, a lake Como.
[21:41] Hang out with George Clooney.
[21:45] Okay.
[21:45] But no, but you know what?
[21:47] So how do you compromise on that?
[21:48] Like it's a really good point.
[21:50] Or do you respect and note each other's opinions and both of those involve in improving your position anyway so you just keep going?
[22:00] Yeah, you just keep going anyway.
[22:02] Like it's, I enjoy it.
[22:06] It's what drives me.
[22:07] And like if you look back to what we were five years ago, none of this was possible.
[22:12] So where are we going to be in another five years?
[22:14] It'll probably be different again.
[22:16] Do you think people really underestimate what they could achieve if they just fucking knuckled down for three or four years or five years?
[22:23] Just delay that gratification a little bit.
[22:25] Yeah.
[22:26] You know, it's not now.
[22:28] Let's ask this.
[22:29] Would you say that if we did nothing else for you guys today, the home's going to be paid off?
[22:35] So really we sort of started like a Feb March after restructure and paperwork of everything, 23 sort of Feb March.
[22:43] So we're April, May.
[22:44] So we're like, we're three years and two months in.
[22:46] In the next three, four months, five months, the loan's paid off, right?
[22:50] So we're just under four years.
[22:53] If we didn't, and you've got the investments already, if we did nothing else today, if we just finished paying the loan off this year, the next couple of months, just kept the investments we've got, you guys would be killing it.
[23:04] You never would have ever thought you'd be there.
[23:05] Yeah, exactly.
[23:07] That would be enough.
[23:08] Yeah.
[23:09] Well, before we even got to you guys, we always had that plan, pay it off in 10 years.
[23:14] So that's been a constant for us.
[23:17] You just gave us the tools to be able to realistically do it.
[23:20] Right.
[23:23] How do people at home be like, is it safe to say that you can absolutely entirely change the trajectory of your life in three to five years?
[23:33] Yeah.
[23:33] The proof is sitting in front of you.
[23:35] Yeah.
[23:37] So why don't people do it?
[23:39] I'm trying to keep asking everyone.
[23:41] What's the scam?
[23:43] It's a rort.
[23:44] It's a pyramid.
[23:45] Like paying your own debt down is a scam.
[23:47] Fuck me.
[23:47] That's an interesting one.
[23:48] It's a new one.
[23:49] But what do you think holds the average Aussie family back from going, I'm going to go read a book.
[23:54] I'm going to listen to a podcast.
[23:56] I'm going to make a budget for myself and actually fucking follow it.
[24:00] What do you think stops people?
[24:01] Maybe they're scared of success.
[24:05] Scared of success.
[24:06] Yeah.
[24:07] Or they've had a go, tripped up and went, that was painful.
[24:11] I don't want to do it again.
[24:12] Hurt too much, yeah.
[24:12] Yeah.
[24:13] Because people come from a deficit basis.
[24:15] Yeah.
[24:15] And they don't want to be further behind.
[24:19] So any little trip up, they want to avoid it.
[24:21] So they just play it safe, continue doing what they're doing rather than changing things.
[24:27] Okay.
[24:28] Okay.
[24:29] And by the way, looking at your numbers, we've got 42-odd grand left to go in the next few months, but your loan limit's closer to 200 at the moment.
[24:38] So we've got about 150-something grand at the moment to play with, so we've got enough deposit right now to go buy another $1.5 million property.
[24:46] Yeah, we do.
[24:48] What do you reckon?
[24:49] Yeah, absolutely.
[24:50] We keep going.
[24:51] Get a bit financially aroused.
[24:53] Stop it.
[24:53] Stop it.
[24:54] Stop it.
[24:56] So, okay, so, and I think it's important too, given that you've got your portfolio already, we've got a few things already happened, we've got a few things that are happening over the next couple of years.
[25:07] We're in a housing crisis, sadly.
[25:09] We need to continue to put supply into the market.
[25:12] We need to put a roof over families' heads.
[25:14] Someone's got to take that risk, which is the investor.
[25:18] We might want to add something else to the portfolio and just look at where that fits chronologically along the way as well.
[25:24] A little wedding present?
[25:26] Sure.
[25:26] Yeah, a little wedding present.
[25:28] Yeah.
[25:29] Might have to take a little honeymoon to go and have a look at it.
[25:32] Ooh.
[25:33] We're buying overseas.
[25:34] Oh, I don't know.
[25:36] Well, maybe.
[25:37] I don't know.
[25:37] I don't know.
[25:39] But getting back to that point about adding to supply and putting roofs over your heads, we've seen that firsthand with one of our places.
[25:46] We had a mum and her kids who were struggling a little bit.
[25:51] Yep.
[25:52] We are comfortable enough with where we are that we gave her a lot of flexibility to be able to keep that family together, those kids still going to the same school.
[26:03] Okay.
[26:04] While she was struggling with rent.
[26:06] Yeah.
[26:06] Okay.
[26:07] So we were able to, in our own way, help her out without going, well, no, the rent's the rent, you've got to pay it.
[26:13] Yeah.
[26:14] So you gave her a bit of a buffer for a while.
[26:16] Okay.
[26:17] But she's appreciative of it.
[26:18] Oh, 100%.
[26:20] Okay.
[26:20] Yeah.
[26:21] Feels nice to give.
[26:22] It does.
[26:23] Yeah.
[26:24] So not everyone's a greedy landlord.
[26:25] No.
[26:26] Some people are compassionate landlords.
[26:28] Yeah.
[26:30] Okay.
[26:31] So where to from here?
[26:35] Because we've done this last year and we had a much bigger number last year.
[26:40] We're now going to get this 40-odd grander knock on the head.
[26:43] We've got some deposits sitting there to buy another property, property number eight.
[26:48] So technically we should have the eight investments, seven because we've sold one.
[26:52] We're going to have the home loan paid off.
[26:55] Where to from there?
[26:58] We'll get married first in August.
[27:01] Yeah.
[27:01] Congratulations.
[27:02] Thank you.
[27:03] So keep to the budget on that.
[27:05] Yeah.
[27:07] Don't blow the budget.
[27:07] Everyone blows the budget on the wedding.
[27:09] Yeah.
[27:09] It's got a budget on it.
[27:11] Matt finishes uni.
[27:12] Like, just keep studying.
[27:13] In another two years.
[27:14] Yeah.
[27:15] Another two years.
[27:16] Yeah.
[27:16] Because I'm doing it part-time so I can still work.
[27:19] Oh, fuck.
[27:20] How do you do it full-time and work?
[27:22] Oh, I've done that before.
[27:24] That would not be fun.
[27:26] So the idea of delayed gratification, I'm well and truly close to it from a different sense of things.
[27:32] But I think at the end of that, like Perth is not our forever home location.
[27:38] I don't want to sound cliche like every other person who sat in this chair.
[27:42] I should start getting like a fee for everyone that moves to Queensland.
[27:45] Well, I'd be moving back.
[27:47] I grew up on the Sunshine Coast.
[27:49] So this is my stomping ground.
[27:50] Right.
[27:51] I'd love to come back here.
[27:52] Yeah.
[27:53] Okay.
[27:54] So you think finish the degree, so get married this year, maybe book a honeymoon, maybe another investment, finish uni, and then maybe reconvene in the next couple of years?
[28:06] Yeah.
[28:06] Okay.
[28:07] Because by that stage I'll be able to pick a completely different career path.
[28:11] Right.
[28:11] There's so much more opportunity available.
[28:15] So you're studying at the moment in a different career path?
[28:18] It's still in health.
[28:19] Yeah.
[28:20] So I've done my biomedical honors and health information management.
[28:24] Massive underachiever, by the way.
[28:26] Doing social work at the moment.
[28:28] Okay.
[28:29] Yeah.
[28:29] So I'd be able to work in mental health psychotherapy, for example.
[28:33] Okay.
[28:34] I could run my own practice.
[28:35] Okay.
[28:36] I could run a DV shelter if I want to, which is something I'd love to talk to you about.
[28:41] Yeah.
[28:42] That's okay.
[28:42] We do that very privately, obviously, because of the circumstance.
[28:45] Yes.
[28:45] But...
[28:46] It is a very, sadly, it doesn't have the spotlight it should because it's a bit of a taboo topic.
[28:54] I mean, it is out there, but it's a hard one to help a lot with because it's not like a local charity or support thing.
[29:01] Some of them where it's very public and all that sort of stuff.
[29:03] You have to be discreet.
[29:04] You have to be discreet, privacies of the utmost.
[29:08] So it is hard to, it's not hard to shine a light, but it is hard to shine a light, if that makes sense.
[29:12] We do a lot of it with co-living homes.
[29:15] crisis accommodation and stuff.
[29:16] But it has to be very discreet, very private, all that sort of jazz.
[29:19] But it's a space that I would have thought that we sort of stomped out.
[29:25] I mean, it was common when I grew up that, you know, alcohol, drugs, all that sort of stuff, domestic.
[29:31] It was very common.
[29:32] It was sort of normal.
[29:33] It was disgustingly normal for me growing up around a lot of people.
[29:37] And I really thought that it had disappeared as I'd grown up, but it hasn't.
[29:41] It's fucking bad.
[29:43] And, again, it's...
[29:44] A lot of it, it doesn't matter whether people are wealthy or poor.
[29:48] We've seen it in the media recently with extremely wealthy people that it doesn't discriminate.
[29:53] It's something that, you know, but typically, typically wealthy or poor stems from drugs and alcohol, abuse of some sort of substance, or financial pressure, wealthy or poor.
[30:07] There's a lot of financial pressure,
[30:10] um basis around dv so that would be a cool space to work in yeah yeah but the one thing that you do work in is came up wishing tree yeah we love that we love that yeah yeah we love that i've set a new target i heard two million yeah and 20 000 presents
[30:31] That would be pretty cool.
[30:32] I think we can achieve that.
[30:34] And then I think at some point this year, next year, I think we're going to have to design our own foundation or charity or something like that that encompasses that and a whole lot more.
[30:45] So, Bec and I were talking about this the other day and it would be cool for all our offices all over Australia to actually at Christmastime where people could like going into the salvos and this and that, but it's a bit...
[30:55] It's a bit taboo, you know, going into welfare and asking for help.
[30:58] It would also be cool if we could develop a system where at that time of year people could come into the office and get help where we could pay bills and, you know, food hampers and all that would be cool too.
[31:08] Like to experience it firsthand I think would be cool for the team because the team have started going and helping picking and packing presents at the depots and getting to meet people that have benefited from it.
[31:19] It's pretty cool.
[31:19] So I think we were the number one corporate partner
[31:24] in Australia and New Zealand last year.
[31:26] My gosh.
[31:27] So I think it was 11 and a half million, 11.5, 11.6, and we did 1.1 and 10,000 presents on top of that.
[31:34] So our community, to thank you everyone who's listening, was 10% of Australia and New Zealand's cash contribution last year.
[31:41] That's just phenomenal.
[31:42] It's fucking crazy.
[31:43] Yeah.
[31:43] Crazy.
[31:43] And for us, we've built it in to what we do.
[31:46] Yeah.
[31:46] We've even started taking our nephews along.
[31:49] Yeah.
[31:50] So they know the habit.
[31:52] It's, like, to think, like, Christmas Day and, like, seeing kids, like, they then get into it.
[31:57] They think, oh, yeah, and it's like, on Christmas Day you wake up.
[32:00] It's like, I wonder who got that.
[32:02] I wonder who, you know, what they were going through and if it made it a little brighter.
[32:07] So it's just one day of the year, right?
[32:09] But it's a day that everyone should actually have a pretty special day, so...
[32:14] Do you have anything like that available to you in the United States now that you're starting to...
[32:19] So Salvo's are global.
[32:20] Yeah.
[32:20] Yeah, Salvo's are global.
[32:22] So they do stuff all over the planet, all over the world, which is pretty cool.
[32:27] We're just working through now because we haven't technically launched in the US, obviously.
[32:31] It's a couple months away.
[32:32] So we're just still going through due diligence and research and that sort of stuff and team members and training.
[32:39] So yeah, so that's something we'll pick and align pretty careful.
[32:44] They are missing a lot there.
[32:46] They're a very patriotic country.
[32:49] We're not so patriotic in Australia.
[32:51] They are.
[32:52] They have a lot of issues there with veterans.
[32:54] They have the utmost respect.
[32:56] So you know, all the local sporting things, they'll give them tickets and you know, they do have a lot of appreciation.
[33:01] They're very patriotic there.
[33:03] But there's a big gap in defense funding for veterans and post all that sort of stuff.
[33:07] That's something I'm looking at at the moment because I think they need a lot of support there.
[33:11] And every American family I've talked to so far is like, yeah, we need to help veterans more.
[33:16] They've got another big homeless issue there as well as we do here.
[33:21] So I think homelessness is something that, you know, given a lot of our clients make money from homes –
[33:27] Um, homelessness is something we're looking at again, DV, but homelessness, uh, veterans, et cetera, all that sort of stuff.
[33:33] So yeah, stay tuned on that front.
[33:35] We're just looking at a couple of different things.
[33:37] So education's a big one too.
[33:40] So education's a student debt, student debt, education, all that sort of stuff's another big one in the States.
[33:47] Um, if we can twine something in for education, that'd be cool as well.
[33:52] And, yeah, we're looking at some stuff in Australia now as well, like sporting grants and stuff.
[33:56] If you can keep kids in sport longer, they tend to have less socioeconomic dramas because they've got community support, friends and family.
[34:07] You know, instead of being down behind the bloody surf club doing drugs or whatever, you know, all that sort of crap growing up, then they might be at cricket or footy or at a friend's house after netball or whatever it may be.
[34:17] Yeah.
[34:19] And sometimes because they don't want to go home to their own place.
[34:23] Correct.
[34:23] So it gives them a bit of an escape and an outlet and some other support as well.
[34:28] And coaches, mentors.
[34:29] Yep.
[34:30] You know, a lot of these organisations have some amazing mentors that volunteer their time.
[34:36] It could be little Billy's dad or, you know, Tiffany's mum or whatever, but people that really genuinely care, and it gives them someone to bounce off and confide in and help them and all that sort of stuff.
[34:49] It's hard.
[34:49] We've done the big, you know, NRLs and all that, so I'll never do that again.
[34:53] But some grassroots stuff would be cool to help, you know, families struggling to keep kids in sport longer would be cool.
[35:00] So, yeah, trying to work out some stuff around that as well.
[35:04] Pretty cool.
[35:05] Yeah.
[35:07] So –
[35:08] Obviously, you guys have done really, really well.
[35:09] You've stuck to your budget.
[35:11] You're pretty meticulous with it.
[35:14] How often are you interacting with your team?
[35:16] So how often are you talking to Trav for your finance and when can we go again and your relationship managers?
[35:23] How often are you interacting with your team?
[35:26] Probably every few months because, like you were saying, we do get to come over here a bit and share our time.
[35:32] So if we see Trav in the hallway, we'll... Yep, pick his brain.
[35:36] Block the path.
[35:38] When can we buy something?
[35:40] What's coming up, yeah, and same with our RM as well.
[35:44] You know, we see her at RAM.
[35:45] Yeah.
[35:46] But otherwise, it's every two months that we might interact with.
[35:49] So you guys are now a couple of years in pretty, not less dependent, but it's pretty flowy for you guys now.
[35:56] You're sort of in a groove.
[35:57] You know what you need to do when you need to do it.
[35:59] Yeah.
[35:59] Pretty self-sufficient.
[36:00] It'll be like...
[36:02] Like us getting married, it's like telling our own, hey, so this is what our budget's going to be for the wedding.
[36:07] So, you know, you're going to see some things coming out and in.
[36:10] So don't be too concerned about it.
[36:13] Yeah, okay.
[36:15] And I guess giving Tanya the heads up about all that stuff means starting to plan for it.
[36:20] Exactly.
[36:21] Yeah.
[36:22] Hey guys, if you're enjoying this family story and you want to set yourself up for financial freedom, it all starts with our free 45 minute educational webinar.
[36:31] Click the link below this video to begin your journey.
[36:33] Hope it helps.
[36:34] So why then would you still be here?
[36:37] Why would you still be paying us?
[36:39] If you only need to bounce something off us every month or two or second month and you've got a bit of a feeling you're about to pay the mortgage off, why would you still be paying us?
[36:49] You pay people for what they're good at.
[36:51] That's right.
[36:52] Okay.
[36:53] And it's the community.
[36:54] We wouldn't be able to, like, yeah, we'd be able to do our mortgage ourselves, but the investing side, that's all you guys.
[37:05] You help us with the sourcing, the education on that, understanding how it works so you don't freak out as well.
[37:14] So I don't think we'd be able to do that on our, we wouldn't be able to do that.
[37:19] No.
[37:19] And being able to come back and catch up with people who we consider close friends now as well.
[37:25] Yeah.
[37:25] In the community.
[37:26] And like being able to go, hey Kerry, how's things?
[37:28] Yeah.
[37:29] Yeah.
[37:29] Yeah.
[37:30] You have to duck over and check out her penthouse while you're here.
[37:32] I know.
[37:33] When are you heading back?
[37:35] Tomorrow.
[37:35] Tomorrow morning.
[37:36] I have to get on speed dial and go, hey Kez.
[37:38] The boys are here.
[37:40] The boys are here.
[37:40] Look out.
[37:42] So you've enjoyed the community as part of the journey as well.
[37:46] Yeah.
[37:46] Yeah.
[37:47] Did you get to the community days we did in WA?
[37:49] Sure did.
[37:49] Yeah, we did like, I think we did something every day for like a week.
[37:53] It was mental.
[37:54] Yeah, we went to the time zone and also to the bar.
[37:58] Yeah.
[37:59] But we left the other sort of events, which was the sporting one and the kids movie.
[38:03] We thought, no, we'll let the families enjoy that.
[38:05] Yeah, nice.
[38:06] We don't want to take up a ticket from them to go and have that fun.
[38:09] But it was great being able to catch up with everyone else.
[38:11] Yeah.
[38:12] It's always fun, the events.
[38:13] Everyone's just so open and...
[38:15] You know, there's no taboo talking about finances and stuff where it's like you talk to other people and it's like, how do you approach it?
[38:23] It's hard to explain something.
[38:24] You put like 500 or 1,000 people and all you do is talk about financial success.
[38:29] It's weird, right?
[38:30] You couldn't go for dinner on Friday night with a group of friends and do that.
[38:34] Oh, you could.
[38:34] It wouldn't end well.
[38:36] No.
[38:39] Because that's just Australian society.
[38:41] We don't do the warts and all sort of finance stuff.
[38:45] And even like in our regular life, we don't sort of talk about it.
[38:49] And like family and friends that sort of know our journey and what we're doing, they'll say, oh, so...
[38:55] what are you guys up to now?
[38:57] And, like, we'll give them an update.
[38:58] But we try to sort of downplay it.
[39:00] Yeah, to not pump it up and try to be a bit humble about it.
[39:05] Yeah.
[39:05] And I guess that's a bit of the tall poppy thing, sort of like don't be too tall.
[39:09] Yeah, we'll cut you down.
[39:11] So when you do talk to people about it, I think, fuck, like seven problems.
[39:15] Like, obviously, do people get scared or jealous or do you find other people compare them?
[39:22] Oh, fuck, you got seven.
[39:23] I've got one.
[39:24] Like, how do I get six?
[39:25] Or why so agree?
[39:26] Like, how do you find that interaction with people?
[39:29] Well, it usually starts with, I don't have a financial license, so I can't.
[39:34] Yeah.
[39:35] I can't coach you on that sort of stuff.
[39:37] Yeah.
[39:37] But I can tell you my story.
[39:39] Yeah.
[39:40] And this has been what I've done.
[39:42] These are the sacrifices that we've made.
[39:44] This is the discipline that we've applied.
[39:50] But it's really difficult.
[39:52] So, like, you can lay it all out for people.
[39:55] Yeah.
[39:55] And even family.
[39:57] Like, we've had two of your cousins come on board now.
[40:01] Okay.
[40:01] And it's like, finally, you listened.
[40:03] Yeah.
[40:04] You heard what you're saying.
[40:05] People don't do what you say, but they'll watch you for a while.
[40:08] Yeah.
[40:08] They want to see it fail, right?
[40:09] Yeah.
[40:10] Because then it's, oh, oh.
[40:11] I'm glad I didn't do it.
[40:12] But when they see it succeeding after a couple of years, they're like, oh, shit.
[40:16] And that's fine.
[40:17] That's just human nature.
[40:18] We're scared.
[40:19] So, yeah.
[40:20] Okay.
[40:21] And people have got their own strategy and their own way of doing things.
[40:24] It's like, that's absolutely fine.
[40:26] You don't have to do it at your pace, right?
[40:27] Yeah, that's fine.
[40:28] Run your own race, I think, is really important.
[40:31] So, okay.
[40:31] Yeah.
[40:32] Everyone in Australia is different.
[40:33] So, you know, you've got your goals and strategy on how you want to do it.
[40:37] So it's exactly like you said, we're pretty aggressive.
[40:42] I've got a weird question.
[40:44] What do you reckon we could do better?
[40:47] What could we do better or bigger or differently?
[40:52] I think we're doing much better at the community stuff now.
[40:55] And it's hard because going around Australia, you're here and then everyone wants you to be everywhere, so that's hard.
[41:00] But I think we've made them massive now.
[41:03] So instead of one weekend we've got 30 people at the local club, it's like, look, there's 800 people at Luna Park.
[41:10] That way everyone gets a crack, you know what I mean?
[41:13] But I'm always interested in what we can do better.
[41:16] I've had a little bit of a think about it.
[41:17] Okay.
[41:18] And I know you don't work with people who are trying to get into the market.
[41:23] You'll provide heaps of education.
[41:24] Yeah, yeah.
[41:25] And it's all out there.
[41:26] Yeah.
[41:27] People just need to get into it.
[41:29] The rapid repay stuff, a lot of people will come in and do that.
[41:32] I think if there was more prominence to that, so like people who are struggling in their mortgage now.
[41:39] Yeah.
[41:40] about how they can reframe that and sort of work to a bit more of a plan for the rapid repay.
[41:49] Because there's so many people out there at the moment struggling in their first home.
[41:55] They've done well to get into that place.
[41:57] I would just love to see them stay in that place.
[42:01] So that would be like obviously going back to free webinar.
[42:05] And then if they are struggling, they can't afford us.
[42:08] They need to do exactly what's in the free webinar.
[42:11] Yeah.
[42:11] And that's, I think, and we're doing some new content on that at the moment to produce.
[42:16] I was in Singapore last week meeting with Meta.
[42:19] Yeah, it's beautiful.
[42:20] Fucking hot.
[42:21] And you have to walk everywhere.
[42:22] I was like, what is this shit?
[42:24] Luckily for 60 Strong, I was doing 20,000 steps a day.
[42:26] I'm like, fuck.
[42:27] Why weren't you doing the MRT?
[42:28] It's all underground.
[42:29] Yeah, I did that.
[42:30] It was still hot.
[42:32] And then from that building to that building.
[42:34] So I went mostly we were like MRT and we look here and there.
[42:37] Anyway.
[42:38] So that's something we're pushing at the moment.
[42:40] We're just talking about how do we, without spending gazillions of dollars, promote more free education?
[42:47] So not even for sales purpose and objectives and marketing.
[42:50] How do we push out a lot of free content and educational stuff without it having the, this is that's key, without it having the same cost as the average marketing funnel?
[43:00] So if that makes sense, because most people when you're doing paid ads, paid ads are you looking for a sales outcome.
[43:05] So it might be from free webinar to masterclass to being a client.
[43:10] So we're working with Meta on that now about getting down that advertising cost for genuinely like some free stuff, like even just a little how to pay your car off quickly or how to get rid of student debt, all of that sort of stuff.
[43:23] So we're working through that at the moment to try to, how we can put more into the market,
[43:29] for even someone that isn't our core client, but without having the huge marketing expense because we're not trying to bring them on as a client.
[43:35] We're just genuinely trying to help them.
[43:37] And that's an interesting one because Facebook really is an online marketing auction place.
[43:43] You're all fighting for a particular set of eyeballs to buy your product.
[43:49] So I'm saying to them, I get that, but...
[43:52] as far as educational content without going to YouTube or here or there, as a big client, we spend millions of dollars, can it be classified?
[44:01] So I'm trying to like, how can it be classified a different way?
[44:05] Yeah, because even people, they know it's sort of like, oh, what are you selling?
[44:10] Yeah.
[44:10] Like people aren't stupid, they know, oh, paid content, paid content.
[44:15] Correct.
[44:15] So I'm sort of saying, well, hey, is it the same cost to just go, hey, I want to run a...
[44:21] how to pay your credit car loan off twice as fast, how to pay three and a half, not seven years, how to pay your credit card off.
[44:29] How did like, I want to run all these other series of educational content at mass market to help people globally, states, Australia, everywhere.
[44:38] How do I do that but without having the cost of marketing that and sharing, really sharing it, not marketing it?
[44:44] How do I do that to help people?
[44:47] Or is it just organic content and hope it goes viral?
[44:50] I was thinking you'd be a great guest on Diary of a CEO.
[44:55] I'd love to sit down with him.
[44:57] I'd be very structured for that one, but that would be amazing.
[44:59] Yeah, no F-bombs in that one.
[45:01] No, no.
[45:02] He does drop a few.
[45:02] Yeah, he's very measured and meticulous.
[45:06] I'm very unprepared and charismatic and all over the place.
[45:09] But all these people who have already got their established audiences and you being able to feed your education and content through their channels.
[45:16] And look, maybe that's the way I'm – I've always been very, let's not do any other podcasts.
[45:21] As you see, I've done one with Dylan and I've done a shitload with both sides.
[45:27] Yeah.
[45:27] And that's about it.
[45:28] Because both sides stuff blew up.
[45:30] Yeah.
[45:31] And I think it was because those first ones we did back in, I think it was December 23, we were doing Branson tour then that year.
[45:41] It was so authentic that the boys being a bit younger were like, whoa, like live, whoa.
[45:47] Well, we were talking for fucking hours.
[45:49] So it was like chopped up into three, four episodes.
[45:53] And then it was so good.
[45:54] I was going from where we were filming the podcast in the city to Alexandria that night to get ready for a live masterclass off the back of Sir Richard Branson.
[46:04] And I was like, and they're like, we don't want to stop.
[46:06] So we got some pizzas and we ended up going to the room and filming in the room in front of the stage because we were getting ready for the event, sound check, all this sort of stuff.
[46:17] organic and real that they were learning and that's a good podcast right like you learn off each other live in it so it just it just blew up so that then came out like i think it was boxing day 23 because i remember beck and i were in a pool in thailand and it blew up and we looked at it we'll go home and that whole christmas new year boxing day new year january like that time off usually was just it blew up on socials like blew up
[46:42] Funny, we were in a pool in Bali watching the both sides.
[46:45] Well, there you go.
[46:46] We were in a pool in Thailand as it came out.
[46:48] And we didn't have anyone managing our social media then.
[46:53] And it just went fucking mental.
[46:54] Oh, this was when you were still replying to everyone's comments.
[46:57] I was still replying to everything.
[46:58] Yeah, still replying to everything.
[47:00] And now I try to look at a lot, but it's just not possible.
[47:04] When you go Facebook, TikTok, InstaPlay, it's just physically impossible.
[47:09] It's just a whole day.
[47:10] Oh yeah, it does.
[47:11] So I still get reports on it and monitor it and stuff and every now and then I'm checking it and so I was responding to it.
[47:16] A gentleman last night, a truck driver, audio messages back to each other, lovely man, not a client.
[47:21] He just – the structure he's being given is fucking horrific.
[47:25] He said, oh, I've paid off my home loan.
[47:26] And I said, oh, congratulations.
[47:28] How did you do it?
[47:29] He said, oh, I took all the money out of my company.
[47:33] And I was like, hang on a minute.
[47:36] You paid tax, like salary, wages, fully frank?
[47:42] He's like, no, we just took it from the company.
[47:45] I'm like, so it's a Division 7A director's loan, maybe fringe benefits tax, interest at commercial rates.
[47:55] Basically, you're deferring or avoiding tax.
[47:58] You've borrowed money from your company to pay off a personal debt.
[48:03] And there's plenty of people that have talked about this publicly and social media and all sorts of stuff where that's fucking terrible.
[48:09] That's robbing Peter to pay Paul.
[48:11] Correct.
[48:12] And now you've got to earn twice as much to pay it back.
[48:14] I'm like, mate, if I were you, and I sent him a message and said, I'd be asking you, why do I have a Division 7A director's loan?
[48:21] If so, how much is it costing me in fees, penalty, interest, FBT, et cetera?
[48:26] I said, I'm not an accountant, but please go and ask these questions.
[48:29] I know.
[48:30] I had one in the first few years of starting business because most business owners don't have a fucking clue.
[48:35] They take money out of their business and they end up with a director's loan.
[48:38] Then accountants don't want to pay tax because if you get a tax bill, you'll swap accountants.
[48:44] People need to get that shit out of their head too.
[48:46] So talking to this gentleman, he had no idea what was going on.
[48:50] Runs a huge, huge transport logistics company.
[48:53] And he was like, thank you.
[48:54] And he sent me a lovely message away.
[48:56] He's like, thank you so much for no money, for nothing, for taking the time to go backwards and forwards with me all night to tell me all this shit I didn't know.
[49:05] I'm going to go to my accountant tomorrow.
[49:07] So I think – and that's a big thing at the moment.
[49:10] Back to the education piece –
[49:13] I did a video in the car the other day, I don't know if you've seen, and I don't post on my personal stuff much on Facebook.
[49:18] I was like, guys, the budget, everyone's freaking the fuck out.
[49:21] If I had 3,300 families, maybe call it a couple, 6,600 people, if I had 3,300 of my paying clients on a Friday night listening to us about the budget, if you're a real estate agent, a broker, an account, like –
[49:36] Go put some fucking shit on social media for free, but not to win clients, not to market, to fucking help.
[49:42] Just for that education.
[49:43] Just for that education piece.
[49:45] You've got years and years of knowledge and uni and theory and prac.
[49:49] And it was nice.
[49:49] I actually had a couple of real estate agents and they can message me and go, hey, man, that really hit home.
[49:54] That message was spot on.
[49:56] And I'm actually building some pitch decks now to pop a PowerPoint up and do a little video for people.
[50:01] That was bang on.
[50:02] I really appreciate it.
[50:03] I needed that kick up the ass.
[50:04] Yeah.
[50:04] I'm like, oh, that's good.
[50:05] Like, at least a couple of people valued it.
[50:07] And we valued it too.
[50:09] Yeah.
[50:09] Yeah, Rachel.
[50:10] You would have seen from all the comments that people were putting in ahead of that Friday night webinar.
[50:15] Yeah, please, please, yeah.
[50:16] Help us understand this.
[50:18] Yeah, yeah.
[50:19] And Rach did a fucking great job.
[50:21] Each section was just perfect.
[50:24] Yeah.
[50:25] I was going through the x-ray machines at the airport with the podcast going through the machine, because I'm like, I'm not missing this.
[50:32] But I mean, effectively, not a lot has changed.
[50:35] No, no.
[50:36] It has.
[50:36] I mean, look, never changes for the better.
[50:39] It always gets harder.
[50:41] But not much has changed for us, really.
[50:44] No.
[50:44] Because we keep it pretty normal and simple anyway.
[50:48] But how often are you guys logging into coaching and accountability sessions and webinars and stuff?
[50:56] I have only missed one in three since I've been with yous.
[51:02] Wow.
[51:03] One.
[51:04] And it was because you were out of the country.
[51:06] I was on Cocos Island and there was no internet.
[51:10] No internet.
[51:10] Fair enough.
[51:11] So I couldn't make it.
[51:12] Otherwise, I'd love to have sat underneath a palm tree watching.
[51:17] And do you get some sick sense of enjoyment out of it?
[51:21] Or are you just like growing?
[51:24] What's the attachment?
[51:25] It is enjoyment, but it's more like...
[51:28] It lights that fire again.
[51:29] Okay.
[51:29] It's like everyone's together.
[51:31] Everyone's like just pumped.
[51:34] Almost everyone except for people fighting in the chopper.
[51:38] But then I like seeing what occurs when people fart in a chat bar.
[51:41] Yeah, I think everyone's got some sick fetish for me losing my shit.
[51:48] But then, I don't know, sometimes I get off and I think, was I out of line today?
[51:53] And then I'm like, no, that was fucking stupid.
[51:57] There's still people vomiting an incorrect belief instead of just fucking listening.
[52:03] Yeah, it's a tough one.
[52:05] I don't know.
[52:05] Like they've gotten too caught up trying to formulate their question in their head.
[52:10] They've just missed the last five minutes of what was being said.
[52:13] Yeah, and they're almost like jumping ahead of what's being said right now to formulate their own belief or interpretation of that.
[52:20] Instead of listening to the last few points...
[52:24] Oh, this is, and they're banging away, and it's like, and then let the penny drop.
[52:27] Yeah, yeah, process it.
[52:28] When I'm on a mam, I push the keyboard away from me.
[52:31] It's a smile.
[52:34] I'm not touching it, not even an emoji.
[52:35] And everyone says, oh, just shut the chat bar, but it's really important for Rachel and I, like for most people to go, is this content that's quite technical, is it landing?
[52:44] is it being received okay people like yeah yeah does that make sense check in do a poll it's really important instead of just you see these webinars people put on for marketing purposes and that and you can't comment you know what i mean so it's like there's no feedback there's no interaction they're just delivering the information and then the pictures at the end and off you go thanks for my ted talk yeah yeah thanks for doing yeah see you later mic drop sort of thing so it is really important to still leave i think to leave it open but fuck it's frustrating
[53:12] Yeah, well, it's almost like listening to the birds, like a flock of birds will fly past.
[53:17] Yeah.
[53:17] Like you're not listening to one bird, but you know something's happened.
[53:21] Yeah.
[53:21] How do you even keep up with it?
[53:23] Like you see the chat bar sometimes, it's just flowing through.
[53:25] I seem to have a fucking knack and ability to find the dumbest thing there and fucking latch on to it.
[53:32] It's just like flashing at you.
[53:33] Oh, fuck.
[53:35] That was my head in.
[53:36] Anyway.
[53:38] Hey, so we're going to do a third one of these very soon this year.
[53:45] Okay.
[53:46] Because come June this year will be – well, we're 11 months now.
[53:50] It'll be 12 months from the first podcast.
[53:52] But when that $40,000-odd has gone and maybe we've got a deposit on another investment or asset or property or something –
[53:59] I want to do another one of these probably before the end of the year because the home should be paid off well before then.
[54:06] Should be married.
[54:06] Yep, married.
[54:07] Should be.
[54:08] Honeymoon.
[54:09] Should be.
[54:11] Moving right along.
[54:12] We'll be married.
[54:13] We'll be married.
[54:15] We'll have the wedding, have the honeymoon.
[54:18] Home will be paid off, maybe some more investing.
[54:22] So I want to do another part to this, but what do you want to pick my brain on today?
[54:28] Because I like the what can we do better around the education piece.
[54:32] And we're definitely working on that now because I think it's now we've become so big, so successful.
[54:38] Now we've got this almost, I feel, this obligation to actually deliver a lot more, even though it's not in line with our business model.
[54:46] It's in line with our business model of helping people reduce debt, create wealth and be financially comfortable.
[54:52] So there's this whole facet and avatar of that that doesn't result in a client or money for us, but would be an amazing value service in the community.
[55:01] So that's a big, big focus.
[55:03] It's the philosophy.
[55:04] Yes.
[55:05] Changing us financially.
[55:06] Correct.
[55:06] It's the tagline, right?
[55:08] It's just we've got to allocate resource time, significant costs to that for no return.
[55:14] In other words, it's a cost center.
[55:16] It costs us money to do that.
[55:18] But we're definitely doing that as a, I think, really a feel good.
[55:21] You know what I mean?
[55:23] So that's a good point.
[55:24] What do you want to pick my brain on today?
[55:28] So we're in, what, season four of this podcast series now?
[55:32] I think so.
[55:32] I think season four, yeah.
[55:34] What question have you been dying to answer that no one's asked you?
[55:41] Oh, fuck.
[55:42] That's a, what question?
[55:44] What have you thought somebody would ask and they haven't?
[55:49] This is a really good one.
[55:50] I don't know.
[55:52] Because as everybody, once you've known me for a few years, right, like whether it's three years, ten years, whatever, and you spent time with me personally because people do as well, it's just that what you see is what you get, right?
[56:03] Don't go, fuck.
[56:05] There's nothing real.
[56:05] I think because I'm so open, there's nothing really off limits.
[56:12] Like I share everything.
[56:14] I mean, I don't necessarily go out and share, like we've always shared property addresses and things like that.
[56:21] I don't go out and share some things like car collections.
[56:26] I collect supercars and stuff like that or watches or whatever.
[56:29] I'm not really big in that aspect and people sort of, sometimes people touch on it or ask it and I'm like, yeah, yeah, I've got this many of that or I collect the, but again, I think that's just all wank factor.
[56:39] Do you know what I mean?
[56:40] Which I've talked about before, like compared to the guy or girl that does their ad standing in front of their one finance supercar or the fancy suit and tie.
[56:49] So, so there's sometimes a sort of, yeah, people maybe sometimes delve into that and I touch on it or answer it.
[56:56] I answer it anyway.
[56:57] You know what I mean?
[56:58] So,
[56:58] It's like, hey, that was our house next to the casino.
[57:01] It's worth this much.
[57:02] Stop taking photos of me on the roof, you know, like.
[57:05] And then that one's for sale now and we've moved again.
[57:07] So, no, no one's ever...
[57:10] There's nothing I've been sitting on going, oh, I wish someone would ask that because if someone asks it, I'll just answer it.
[57:18] Yeah, people should start coming up with some good shit.
[57:21] Some good shit.
[57:22] I don't know.
[57:23] Come up with something good.
[57:24] I don't know.
[57:26] Give me something good, something difficult.
[57:28] I don't know.
[57:28] Something random.
[57:30] I've been asked if I was a food, what would I be?
[57:34] So someone did like a rapid fire, somebody coming with like 10 things to drill down.
[57:39] And what food would Beck be?
[57:41] About 15, 20 episodes ago, one of the clients, their child was asking about favourite dinosaurs.
[57:50] Did you get Beck's favourite dinosaur answer?
[57:53] I can't remember.
[57:55] Because she loves dinosaurs.
[57:57] Jurassic Park.
[57:58] Obsessed.
[57:59] And like when we're in Singapore, they've got Jurassic Gardens in the bay at the moment.
[58:03] So I actually have a photo of her because it was closed.
[58:06] We were up early and we were walking in Gardens of the Bay and they've got like the, you know, that round thing that they sit in.
[58:12] They've got one there.
[58:13] I've got a photo of her in it.
[58:14] Oh, the glass ball.
[58:15] Yeah, yeah.
[58:16] They've got one there at Gardens.
[58:17] Because it was early, like six in the morning.
[58:19] So we were just walking Gardens by the bay.
[58:21] But in the flower dome at the moment, they've got a Jurassic thing.
[58:24] I can't remember if I got her favorite.
[58:26] But I would say Velociraptor.
[58:29] Because she's fast as anything.
[58:31] She's quick.
[58:31] She's sharp.
[58:32] She's this.
[58:33] Savage.
[58:33] Yeah.
[58:34] Yeah.
[58:36] Very into it.
[58:36] But I don't know what her favorite dinosaur is.
[58:38] I can't remember.
[58:40] Yeah, I'd be like a...
[58:42] I don't know what I'd be.
[58:44] You can send her a text.
[58:46] Yeah, I'll send her a text.
[58:48] Then you'll know.
[58:49] I'll send her there.
[58:50] I'll send her a text.
[58:51] While you're doing that, what's your favourite binge-y sort of thing on, like, say, YouTube?
[58:58] Do you, like, watch Matt Armstrong, given that you love cars?
[59:02] No, I don't really binge...
[59:06] I don't really binge YouTube-y stuff.
[59:10] I do like brain-dead stuff because I'm very busy.
[59:14] So like when I go to fly or something like that.
[59:16] So I love a lot of like crime, weird stuff like that.
[59:23] Actually, anything brain-dead, like car crash brain-dead.
[59:26] So you don't have to think.
[59:27] Yeah, and that actually helps me sleep because if my brain's going, I'm up all night.
[59:33] And being a bit manic and crazy, it's like, okay, it's time to go to sleep at 10 o'clock.
[59:37] And then it's like, da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da-da
[59:46] So I tend to like brain dead car crash stuff.
[59:51] A lot of like true crime stuff.
[59:53] Like I remember what I watch.
[59:55] I can't remember what it was recently on a flight.
[59:57] It was something about like the diamond heist in the diamond district in Antwerp or whatever.
[1:00:02] And the school of Turin and these diamond thieves and all.
[1:00:06] And he says, I don't know who did it.
[1:00:07] And the guy was on the documentaries like.
[1:00:10] It was all these other people.
[1:00:11] Like, it was him, you know.
[1:00:13] So I love, like, a bit of, you know, true crimey sort of stuff.
[1:00:17] But then again, too, that could get my brain going too much.
[1:00:20] Yeah.
[1:00:21] And if you're watching car crash stuff, don't watch Dash Chemistry.
[1:00:24] Your blood pressure.
[1:00:25] Oh, when I say car crash, not physical car crash, I mean, like, I wouldn't say married at first sight, but, you know, like, car crash as in, like,
[1:00:33] slow down and look at that like just garbage movies or TVs trash but yeah I do like getting into a good series but it's always something that's recommended to me like years ago someone was like oh I'll watch Billions and I was like oh yeah okay and then someone would be like oh I'll watch the The Jackal or The Night, it's just something random so I'll start it on a plane whenever I've got to travel but if I start watching something that's the other problem, I can't turn it off until it's ended your OCD, CDO
[1:01:02] Well, I'm just in.
[1:01:03] It's meant to be turning my brain off and I'm just in.
[1:01:06] So, yeah, struggle.
[1:01:08] You've got to hate when that happens.
[1:01:09] You're trying to just switch off and it's like, oh, just one more episode.
[1:01:12] Yeah, and it's like 2 a.m. Oh, hang on.
[1:01:16] Let's see if we've got a favourite dinosaur.
[1:01:21] T-Rex.
[1:01:22] T-Rex.
[1:01:23] Wow.
[1:01:24] We got the answer.
[1:01:28] Lol what?
[1:01:29] Lol what?
[1:01:30] T-Rex.
[1:01:31] It's a live in podcast.
[1:01:32] Please disclose.
[1:01:34] There you go.
[1:01:36] Oh, dear.
[1:01:36] Anything else you can think of?
[1:01:39] Not at the minute.
[1:01:41] No.
[1:01:42] Good.
[1:01:42] We just appreciated being here.
[1:01:44] Yeah, it's really nice for everyone to share.
[1:01:47] So I appreciate you guys obviously coming and sharing, especially on the other side of Australia, which everybody seems to be at the moment.
[1:01:54] Every Masterclass sign-off, I'm like, fuck me, I need Air Infinity from WA.
[1:01:59] It's getting a little bit crazy.
[1:02:01] It could be the next office location.
[1:02:04] I really appreciate you guys sharing because it helps people get perspective.
[1:02:08] It doesn't matter whether we're young, old, where we live, what's going on, what industry, whether you're studying again.
[1:02:13] And, you know, you've got a full-time job plus study, you've got weddings, all that sort of stuff.
[1:02:17] It's really good for people to get this perspective from everyone on the journey and, um,
[1:02:21] And obviously you guys are only a couple of years into it.
[1:02:24] So it shows what's possible.
[1:02:26] If you see it through, do everything you've been told to do and follow it, you can get results that people take 10, 20, 30 years to achieve.
[1:02:34] You can get them in three and a bit years.
[1:02:36] So really appreciate you sharing and being so open and honest and being such an active part of the community.
[1:02:42] It's really cool.
[1:02:43] You're welcome.
[1:02:45] Thank you.
[1:02:46] Actually, if you're a dinosaur, what would you be?
[1:02:53] Probably something just running around under the ferns.
[1:02:56] Oh, okay.
[1:02:57] That evolved into a human.
[1:03:00] Okay, what would you pick?
[1:03:01] I'd be that long-necked one that eats in the top of the trees.
[1:03:03] What's that one called?
[1:03:04] Stegosaurus.
[1:03:05] Stegosaurus.
[1:03:05] That's the one with the spines.
[1:03:06] Brachiosaurus or something.
[1:03:08] Brachiosaurus, something like that, yeah.
[1:03:09] You're the plant eater.
[1:03:10] I'm a plant.
[1:03:11] I love my meat, but yes, as a dinosaur, I'd be that big animal on the top of the trees.
[1:03:16] Actually, I take it back.
[1:03:16] I'll be a pterodactyl.
[1:03:18] A pterodactyl.
[1:03:19] Okay.
[1:03:20] Surprise attack.
[1:03:21] Favorite food?
[1:03:22] Surprise attack.
[1:03:23] Favorite food?
[1:03:24] Favorite food.
[1:03:26] Mum's roast.
[1:03:27] Favourite food?
[1:03:28] KC.
[1:03:28] Okay.
[1:03:29] Now, I'm just thinking of weird questions now.
[1:03:33] It's very fun.
[1:03:34] Thanks, gents.
[1:03:34] Thanks, dude.
[1:03:36] You're fucking gone.
[1:03:37] See ya.

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