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180K Debt Cleared In Just Months | Tracy & Steve | CHANGING LIVES | Season 3 Ep 54 | Money Mentor | YouTubeToText
YouTube Transcript: 180K Debt Cleared In Just Months | Tracy & Steve | CHANGING LIVES | Season 3 Ep 54
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This content details the transformative financial journey of Tracy and Steve, a couple from Perth, who, after attending a financial masterclass, successfully eliminated significant debt and began building a substantial investment portfolio within months.
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Most good real estate is sold off market
because the 10 people, 20 people that
miss out on that one that are desperate
to buy, the agent can then go, "Oh, I've
just actually listed something last
night around the corner. Do you [music]
want to come and have a look before it
goes to market?" >> Mhm.
>> Mhm. >> Yeah.
>> Yeah.
>> Most a lot of real estate is sold off
market. People just don't know.
>> Money is the root of all evil. The
[ __ ] [music] lack of it is.
>> Not money. The lack of understanding
money. When I put that into emphasis,
when I realized that psychological
effect and how it hit our family, IFBB
was the [ __ ] way.
>> THE MONEY podcast
>> you [ __ ] gone. See you.
>> Welcome back to the money mentor and
today we're continuing with the changing
lives financially series. Two very
special guests today. Very, very
exciting stories. So, welcome to the
lovely Tracy and Steve. How are we?
>> Well, mate,
>> good. Thanks.
>> You nervous?
>> Yes. Very good job.
>> Yeah. [laughter]
>> Don't be nervous. We'll figure it out. >> Good.
>> Good.
>> Hey, uh why don't we start with a little
bit of background on who you are, just
where you're from, all that sort of jazz
so people at home go, okay, get a bit of
a feel for it and then we'll dive into
the financial stuff.
>> Okay. Do you want me to do it?
>> Yeah, go for it. >> Okay.
>> Okay.
>> Um we're from Perth. Uh we've been
married 38 years.
>> 38 years.
>> Yes. How happily married.
>> I know. 19 and 21 we were.
>> Wow. High school sweethearts. >> No.
>> No. >> No.
>> No.
>> No. [laughter]
We've got um two kids. >> Yeah.
>> Yeah.
>> Um several grandkids.
>> So, one due in two weeks.
>> One due in two weeks.
>> Oh, wow. >> Yeah.
>> Yeah.
>> Very exciting. >> Yeah.
>> Yeah. >> Okay.
>> Okay.
>> And when, why, and how did you find
Infinity? Who found us? Were you both on
board? One of you like, "Nah, bullshit."
Give us the background there.
>> Um, I found you. >> Okay.
>> Okay.
>> Um, I was scrolling Facebook.
Um, and um, I started watching your podcasts
podcasts
um, I've
signed us up for the master class.
>> Oh [ __ ] Found this [ __ ] online.
>> Yeah. [laughter] He said to me, "What
the hell are you doing?" I says, [gasps]
"Ah, look, it's not that much money.
We'll just do it." And um yeah, we just
went from there. Okay.
>> And um
>> on Perth times, you got to get real
early for master class, too. Off. How
much was this [ __ ] What time? What do
you mean I'm going to get >> Yes.
>> Yes.
>> A whole weekend? >> Yeah.
>> Yeah. >> Yes.
>> Yes.
>> So, when did you do your master class?
>> Um Anzac weekend. Um, so it was a long
weekend for us, which was really good. >> Okay.
>> Okay.
>> Um, so we had time to recover before we
went back to work.
>> Okay. Good.
>> But, um, yeah. So, April.
>> Yep. And tell us what was the financial
situation before we did the master
class? So, do we have a mortgage? Do we
have a home, investment properties,
cars, boats, planes, trains, caravans?
>> Yep. We had investment properties. Um,
but we had already sold all of those.
>> Okay. Um, and we made one loss, so we
still brought that with us. >> Okay.
>> Okay.
>> Um, and we had, um, a home loan. >> Yep.
>> Yep.
>> Um, but it was a home loan without a
home loans cuz we did a stupid thing.
>> Um, we actually paid cash for our house.
Um, but we didn't have enough for the
stamp duty. >> Yep.
>> Yep.
>> So, we borrowed stamp duty. Y
>> and then we borrowed for a caravan.
>> A 30-year rolling house.
>> Yeah. Yeah. So that was great. Um
>> so the home loan was stamp duty in a caravan.
caravan. >> Yeah.
>> Yeah. >> Okay.
>> Okay.
>> Yeah. Um and it was it was like a
revolving home loan. We paid it off.
Then we bought a car to tow the caravan.
>> Right. [laughter]
>> Well, what were you towing the caravan
with before you bought the car?
>> An old car.
>> Okay. Uh yeah, but because we're getting
older, we we did a trip and thought this
was uncomfortable, so we'll buy a nice
new car to tow the caravan.
>> Well, new stuff makes us feel good.
>> You got to pay for it. >> Exactly.
>> Exactly.
>> Yeah. So now, yeah, we still had a home
loan and
>> Okay. So, a couple hundred grand.
>> No, no, it was only um 130.
>> Okay. 130 grand. Y
>> 130 grand. Yeah.
>> So, that's you're going into masterass.
And that's for the caravan, the car, and
the stamp duty. Yep. >> Okay.
>> Okay.
>> And in no other investments, all sold,
just 130 grand home loan at that point
in time. >> Mhm.
>> Mhm.
>> And a um a 50,000 um loan from a loss of
the sale of one of our investments
>> attached to the home. Okay. So really
180,000 in debt. >> Yep.
>> Yep.
>> Okay. And did MasterClass? >> Yep.
>> Yep.
>> And that's the light bulb moment. Yep.
>> Sell that [ __ ] caravan. >> [laughter]
>> [laughter]
>> How often did you use the caravan?
Didn't you call it a lawn ornament or something?
something? >> Yes.
>> Yes.
>> Sat there for a year before we actually
used it. >> Really?
>> Really?
>> Yeah. That's [ __ ] on it.
>> Yeah, exactly. [snorts]
>> And then before we sold it, we used it
and then we sold it.
>> Did you enjoy using it?
>> Um I did, but he
>> it was good once it was all unpacked.
Just the unpacking then repacking. >> Yeah.
>> Yeah.
>> Just became monotonous.
>> He had to do most of it.
>> It's a bit of a pain in the ass. I think
it's too much hard work for me. Yeah, it
was a lot of hard work.
>> Check into the [ __ ] cabin or the
hotel or somewhere and have a holiday. >> Yeah.
>> Yeah.
>> You got to hitch it and drive it.
>> We're going down there now, mate. [laughter]
[laughter]
>> Okay. So, the lawn ornament was gone. >> Yes.
>> Yes. >> Yep.
>> Yep.
>> Okay. Sold
>> before we got to REM. We sold
>> before Ram. >> Yes.
>> Yes.
>> Well done. Okay. >> Yeah.
>> Yeah.
>> And home loan B. So, you said was it
March? Sorry. March. >> April.
>> April.
>> April. Sorry. April 25. >> Yep.
>> Yep.
>> How 180. Really? How much is the home
loan today? >> Zero.
>> Zero.
>> From April this year. >> Yeah.
>> Yeah. >> Yes.
>> Yes.
>> So, you sold the caravan? >> Yes.
>> Yes.
>> Paid the caravan loan and part out. >> Yep.
>> Yep. >> Okay.
>> Okay.
>> We had two cars. >> Yeah.
>> Yeah.
>> That one sat in the garage cuz he has a
work car.
>> So, we sold the car.
>> I've only got one for you. Oh, we kept
one of the cars. Okay. >> Yep.
>> Yep.
>> Okay. So,
>> kept the new car.
>> Yeah. So there was a few things going on
that were just not structured in the
most optimal way. >> No.
>> No. >> Okay.
>> Okay.
>> Definitely not.
>> Um so kept one and then just kept paying
down the balance of the debt from April
this year through to November this year.
November, December.
>> Yeah. We've got a little bit left on the
investment prop the investment loan that
we had to bring over that's got nothing
attached to it.
>> Okay. No investment.
>> They carried [snorts] that loss anyway
and all stuff. So Okay.
>> Yeah. So, how does it feel to be able to
get rid of the lawn ornament, get rid of
the excess car?
>> I don't know. Is that good?
>> It is, mate. My dream was always to be
mortgage free. And then when we hit it,
it was like, [ __ ]
>> that's the best feeling.
>> It's good feeling.
>> Pinch yourself moment.
>> It is.
>> Most satisfying,
>> especially nearly 60. Um,
>> we we were getting a bit worried there.
Yeah. You want to start to get some
choice and >> Exactly.
>> Exactly.
>> And you want to pull back from work and
travel, but maybe not have to [ __ ]
hitch and unhitch and pack and unpack
the [ __ ] caravan.
>> Exactly. [laughter]
>> Yeah.
>> Oh, I love caravans. >> No.
>> No.
>> Okay. So, tell us uh any investments?
Have you been able to reinvest again or
>> Yes. Um at REM? >> Yeah.
>> Yeah.
>> We went and visited Lou
and um we came out of there shaking.
>> Shaking. Yes, we were
>> too many coffees or something.
>> No, [laughter]
Lou did >> standard.
>> standard.
>> Um, no, we were just like like just in shock
shock
>> what we could get.
>> So, right structure now opens up a
little bit more or a lot more
>> and we even got better than what we went
in there for cuz
>> what we hoping to achieve. We did honest
because we never knew nothing about it
and we went in blind so to speak.
>> Going in there and finding out what we
could get was [snorts] like, are you serious?
serious?
>> So, how many investment properties we
got now? >> Four.
>> Four. >> Four.
>> Four.
>> Yeah. Well, three, but one's a dual.
>> Okay. Three with four incomes. Counted
as four. [laughter]
>> Yeah. And
>> three with two.
>> One in our super. So,
>> and one in your super. So, one of them
is in our
>> One is okay. >> Yeah.
>> Yeah.
>> Which we thought that we couldn't have
because we actually signed up a year a
year and a half ago with another finance company.
company.
>> To do our super, right,
>> because we're getting to that age,
>> start looking to retirement. Okay.
>> Um, they took our money. >> Yeah.
>> Yeah.
>> And then told us to stay with the super
this industry super fun.
>> What did they tell them? What did they
get paid for? Uh, don't know. We got a report.
report. [laughter]
[laughter]
>> So, we now got our what we
>> get the money back? >> No.
>> No. >> No.
>> No.
>> I refund people if I can't help them. >> Yeah.
>> Yeah.
>> Well, they they reckon they were helping
us because they just told us to put more
in our super and stay with the people
that we were with.
>> [ __ ] me. >> So,
>> So, >> yeah.
>> yeah.
>> Sorry that happened.
>> Not asking that one.
>> That was that was our fault. We found you.
you.
>> No, stop it. [laughter]
We love the swearing.
>> Do you? >> Yeah.
>> Yeah.
>> I got a client who's actually a pastor
and he the wife thinks it's great. So
>> Oh, no. No.
>> I'm not going to change for anybody.
>> Oh, I've got four brothers. Yeah. You
don't need to change for me.
>> I I think these days it's I mean whilst
it's not eloquent and it's not it's just
it's who I am. It's who I always have
been. It's how I speak around everyone. >> Yeah.
>> Yeah.
>> Just just be who you are. >> Mhm.
>> Mhm.
>> Um some people get offended by it. Cool.
Well, you're never going to work with me
anyway. I can't help you. No problem.
I'm only talking to the people that
relate to me. >> Y
>> Y
>> So, y good. Okay.
>> We were we were over the moon when we
got accepted, right? To be honest. >> Okay.
>> Okay.
>> We we weren't sure how it was going to
go on that.
>> We didn't yell at anyone on your master
class or
>> Oh, yeah.
>> anyone off or
>> Yeah, there's one woman
going to Singapore or something. I
remember you get her off. Get her money back.
back. >> Yeah.
>> Yeah.
>> Oh, I want to do this and I'm over I
can't [ __ ] help you. Yeah. What are
you here for? Yeah, but I want to join.
Yeah, but I can't [ __ ] help you.
You're in a different country. Yeah, but
I want to join. You're not listening to
me. [laughter]
I just got really frustrated and confused.
confused.
>> I know. >> Anyway.
>> Anyway. >> Yeah.
>> Yeah.
>> So, um, what's the what's the
overarching big goal for you guys?
>> More investments.
>> More investments.
>> More investments.
>> I want to invest in more. Yeah.
>> You don't want to slow down and cruise into
into
>> I'm a workaholic. I love work. >> Okay.
>> Okay.
>> I mean, I changed jobs a couple years
ago. I work at the same company as Tracy does.
does. >> Yeah.
>> Yeah.
>> I run the warehouse. >> Yep.
>> Yep.
>> And it's something I've never done
before. I actually sit on my bum, do
computer work
>> and hands-on as well. So, it's like a
job come true, so to speak. And I'm
enjoying it. So,
>> J's a couple years younger, so whenever
she decides to retire, I'll retire at
the same time. >> Okay.
>> Okay.
>> I don't think he'll be for a while,
though, cuz I really love my job. [laughter]
[laughter]
>> Okay. So, you guys want to keep building?
building? >> Yeah.
>> Yeah.
>> Yeah. We're hoping we can. I mean, like
I say, we're nearly 60. >> Yeah.
>> Yeah.
>> And we're not big big money earners
either, so um we know that eventually
we're going to have a cap.
>> Um [snorts]
but, you know, we like we like your
method of the waterfall >> Okay.
>> Okay.
>> thing. And um we're hoping that
as time goes. >> Yep.
>> Yep.
>> Yeah. We don't get attached to homes.
We've actually moved like 13 times.
>> Me too.
>> In our married life.
>> I've done it in like 11 years. [laughter]
[laughter]
>> Yeah. Our kids hate us because we moved
so many times.
>> Tell me what what's been the hardest
thing in the process of joining Infinity.
Infinity. >> Nothing.
>> Nothing.
>> Yeah. Serious.
>> It's been so easy. Your team is fantastic.
fantastic.
>> Well, thank you. I would have expected
the paperwork's hard or changing your
habits is hard or
>> No, I was one of those people that had a
spreadsheet, a stupid big spreadsheet. >> Yeah.
>> Yeah.
>> Um insisted that every time he spend
money, I gave I got the receipt. Yeah.
>> I added it to the spreadsheet.
>> That sounds like fun. It's in your
internet banking. [laughter]
>> I know. But but we didn't we didn't use
that tool.
>> Ah, okay.
>> Um that we do now. We we love the app
that we've got now.
>> I do love that.
>> Um but the amount of money that we used
to spend on the credit cards,
>> which we don't have anymore. >> Good.
>> Good. >> Um
>> Um
all that money is actually going on our
mortgage now. >> Good.
>> Good.
>> Or on our loan.
>> So, so it's been easy for you to make
the changes.
>> Yeah. Well, I mean, you got to be
committed to something, you know, and
this is what we really committed to because
because
>> it's a process we can we can understand
>> and it's, you know, we've got the
backing there, which is the most
important thing for us.
>> If we get into something something we
don't know, we can ask the question and
we know we can go to someone who has the
answers for us or can find the answers
for us. >> Yeah.
>> Yeah.
>> So, it just makes the process so much
easier for us. >> Good.
>> Good.
>> What have you learned so far? It's only
been a short amount of time, but what
have you learned that you could share
with people listening in about anything
in the process?
>> Just follow the process. I know
everybody says that on the podcast, but
it's so true. >> Yeah.
>> Yeah.
>> Um, if you've got a question, ask your
RM. Um,
stick to your FF.
>> Yeah. I mean, we I think we've got a
pretty good FF. Um, ours is 500. Yeah. Okay.
Okay.
>> And um we did the challenge. We dropped
it down to 300. >> Wow.
>> Wow.
>> I know. I know. And we managed it, but
um we tend to um
we're not tappers. >> Yep.
>> Yep.
>> So, we like to take some money out and
have money in our wallet. >> Yep.
>> Yep.
>> Where we
>> You've got what you've got and that's it.
it.
>> Yeah. Yeah. Um and um we used to mainly
use the card for you know to go do your
grocery shopping and stuff like that. >> Yeah.
>> Yeah.
>> Um but um
yeah that that was probably our biggest change.
change. >> Okay.
>> Okay.
>> Cuz before we just used the credit card. >> Yep.
>> Yep.
>> And that was our
>> go to
>> our safety net.
>> Are you surprised how much money you've
got flowing through now in the new structure?
structure? >> Yeah.
>> Yeah.
>> Little bit surprised. Uh a bit
>> little bit. Yeah.
>> Fairly big bit.
>> You're wondering where it all used to go.
go.
>> Yeah. I mean for the sweet
>> to go on the credit card every month cuz
I used to pay it off all the time. You
>> paid it in full
>> every month. >> Yeah.
>> Yeah. >> But
>> But
>> it's not achieving what it's achieving now.
now.
>> The money. So
>> that money is now going onto the
>> So what it's obviously a big financial
change, big outcome, but you seem to I'm
what I'm hearing is it wasn't a big
change for you guys. You were just like,
"Right, we're committed. We're doing it.
The lawn ornament's gone. Car's gone
>> and we're knuckling down and off we go. >> Yep.
>> Yep.
>> Are you going without butt?
>> Um, not really.
>> Not really. >> No.
>> No.
>> Okay. There any holidays planned anytime soon?
soon?
>> Yep. We we go to Barley every year. >> Good.
>> Good.
>> For our birthdays cuz our birthdays are together.
together. >> Yeah.
>> Yeah.
>> We're both Geminis's.
>> Um, [laughter]
and um it's Steven's um 60th,
>> so we're taking the kids. >> Good.
>> Good. >> So,
>> So,
>> it's a big holiday. Yeah. >> Yeah.
>> Yeah.
>> Enjoy it.
>> Oh, that's definitely it.
>> We will chill time.
>> So, you're not going without? >> No.
>> No.
>> No. No. No.
>> No. Definitely not.
>> We don't go out a lot. We We never have
take away. >> Okay.
>> Okay.
>> Um I always cook. We always do meal
preps. That's the biggest thing cuz I do
10our days. >> Yeah.
>> Yeah.
>> Um so I prep on the weekends. Um, so
that when I get home, all I have to do
is basically put it on.
>> Um, yeah.
>> What do What do you think? I mean,
obviously you guys have reached out,
you've done the homework, you've gone
through the process. It's it's a you're
pretty much debtree by that old
investment debt, which is a great result in
in
>> 6 to 8 months. >> Mhm.
>> Mhm.
>> Um, what do you think stops the average
person who's not part of our community?
What do you think stops the average
person from doing this sort of thing?
>> It's very honest answer.
>> It is. It is. Um so many people buy so
much [ __ ]
Can't believe how much [ __ ] they buy.
>> You like that word [ __ ] don't you?
>> Yeah. [laughter] >> Yeah.
>> Yeah.
>> Good [ __ ]
>> It is.
>> What about people that I don't buy that
much [ __ ] Oh, no. Look, you know, a bit
of this, bit of that. We've got so many
expenses. Yeah,
>> but even buying food for lunches and
stuff, you can't buy lunch with it
without spending 15 bucks a day.
>> We take our lunch. I always make his
lunch. Everybody at work like is like
>> takes the piss.
>> Yeah. Takes the piss because he gets his
lunch made for him. [laughter] You
>> ever complain about that?
>> But um Yeah. No.
>> What about the people like it's too good
to be true. I've seen it on social
media. It's got to be a load of [ __ ] Oh,
Oh,
>> that's how I felt when I first saw it.
>> Yeah, he was the skeptic.
>> I was skeptical. And then like I say,
when I when we sat down to the master
class, I know it just resonated. It
just, oh, [ __ ] You know, we were going
down the wrong path. This is the right path.
path.
>> Would you were you were you the kind of
bloke that ever would have sat down at a
computer for eight hours to listen to
someone gibber on about money?
>> [ __ ] No. [laughter]
>> He doesn't even know how to pay a bill. Um,
Um,
>> married 40 years. He's [laughter] just trying
trying
>> nearly 40 years and he's never paid a
bill. Um
>> I try. Yeah.
>> He's happy just to h have his hand out
every week and get some money and and
now we sit at the dinner table and we
talk about um finances and our
investment properties and all that sort
of stuff.
>> So is there a bit of a turn? Like
there's a different relationship dynamic
now. It's a bit more open to talk about
money and you're excited and what we're
doing and where are we going and
>> very big turn.
>> That sounds like it's a conversation
that wasn't happening previously. >> Never.
>> Never. >> Never.
>> Never.
>> Cuz he never wanted to know about it. He
never understood it.
>> You got a bit financially aroused all of
a sudden, mate.
>> Maybe [laughter]
>> have that effect on men
and women.
>> Yeah. No, it was it it Yeah. Like I
said, something just went like that and
it was like [ __ ] So, so what we've
taught you over the weekend, it
obviously made sense to you. All of a
sudden, you understood it.
>> Exactly. Exactly. My job is to take
really complex [ __ ] Yeah.
>> And distill it right down. Yeah.
>> Almost anyone can understand it. >> Exactly.
>> Exactly.
>> Even people's kids in the background, right?
right?
>> And most people get it. We're pretty
good at it, right?
>> So, is that the turn? Is that all of a
sudden like,
>> "Oh, that makes sense. I kind of always
knew you could do that. I just didn't
understand the steps or how." Is that the
the
>> Well, like I say, when it comes to
finances for me, yeah, one one plus two,
that's about it, you know, sort of.
>> But when it comes to
>> pretty much looked after all. >> Yeah.
>> Yeah.
>> But then when I turned around and says,
"Oh my god, I did that wrong." Oh, we
shouldn't have put the car on that on that.
that.
>> So, I did that wrong, too. And it's like,
like,
>> oh my god. And then when you turn around
and say, um,
you only know what you know. Um it's
like well yeah
>> yeah you can't be hard on you unless
somebody gives you the tool. It's only
something to be angry about or
frustrated if you knew what you know now
and you didn't use it. >> Yeah.
>> Yeah.
>> That's where I think someone doesn't and
they don't do anything after the weekend.
weekend.
>> That's bonkers. >> Yeah.
>> Yeah.
>> That is absolutely like to to to learn
that information and not act on it.
That's crazy. >> Yeah.
>> Yeah. >> Yeah.
>> Yeah. >> Okay.
>> Okay.
>> Yeah. Well, as soon as we paid for the um
um the
the
um the joining
>> Yeah. Yeah. application. Yeah.
>> Application. We cut up at the credit cards.
cards.
>> Oh, good.
>> Yeah. Cuz we had two. We had a American
Express and we had a a normal
>> You're really ingrained ingrained into
the process straight away. >> Yeah.
>> Yeah.
>> And we got sucked into the frequent
flyer point [ __ ] >> Yeah.
>> Yeah.
>> Yeah. I need some [ __ ] frequent flies
for all you people from WA. We It did
come in handy though cuz we've now used
all our frequent flyers cuz we've um
>> booked for the Christmas party.
>> Oh, I I'm happy then. I'm happy.
>> Yeah, we used every point, [laughter] mate.
mate.
>> Actually, all of our Perth peeps, use
your [ __ ] frequent flyers instead of
your toasters and [ __ ] and come to the
Christmas party. >> Yeah,
>> Yeah,
>> it's going to be fun.
>> It's going to be awesome. We actually
went we went shopping yesterday.
>> Yesterday. Awesome. We grabbed we
grabbed a trolley and I will grab a
couple of things but then the problem
was we went down one aisle then we went
down another aisle. So we've actually
got a trolley full that we've layed so
when we get back here we can pick it up.
>> A lot of people said that they're just
doing the layby and some people like oh
can we ring the store and lay by and
click and collect cuz everyone's asking
like is there a drop off point at REM?
I'm like, "Guys, I can't have like a
thousand presents from Kmart brought
across the road to Rem
>> to then take back to Kmart." Like, I
can't. I'm sorry, I can't. They're like,
"Oh, shit." I'm like, "Fuck, give me a
break." [laughter]
>> That's Talk to me. I'm really
>> I'm actually really humbled by that.
Thank you. Talk to me about the fact that
that
>> obviously we've had some impact in your
life since April this year.
>> Definitely. You guys are filling up
trolley or presents for the Kmart Salvos
Wishing Tree appeal
>> and you you're flying over from Perth in
a couple of weeks to come to our charity
Christmas party.
>> That's a big ask
>> like to fly from from WA to to Gold
Coast to pay for a hotel to got your
costumes yet? You bought your outfits,
>> buy your outfits.
>> Can you maybe talk to that for the the
newer people in our community or some
random person listening going, "The [ __ ]
are they talking about? Is this a
finance company or what?
>> No, it's not a finance company.
>> It's not a finance company.
>> It's it's it's [laughter]
a family. >> Okay.
>> Okay.
>> It's it's a big community.
>> So, you guys are obviously enjoying the
network and the friendships and instead
of just here's your loan, [ __ ] off.
>> Yeah. And we're very quiet people and we
keep to ourselves a lot.
>> Um because well, basically because
>> we work work full-time.
>> Um we're too tired to do anything. [laughter]
[laughter]
>> Yeah. any other time. Um but um yeah,
we've just embraced it. Um when we went
to REM, that sort of that was another
thing that was out of our comfort zone,
>> I bet. Um and
>> out of your comfort zone. I walk out on
every [ __ ] stage. It's out of my
comfort zone. Just keeps getting bigger
and bigger and bigger and I'm like
>> I know
>> we came [laughter] out.
>> I know. Um but everybody was just so
nice. Um everybody spoke to us. Um we
met people from Perth. >> Yeah.
>> Yeah.
>> Um which was great. And we have contact
with them through Messenger.
>> Made some new friends out of it. >> Yeah.
>> Yeah. >> Yeah.
>> Yeah.
>> Different stages of journeys. >> Yeah.
>> Yeah. >> Yeah.
>> Yeah. >> Okay.
>> Okay.
>> I mean like we were in the floor of the
hotel yesterday afternoon. We'd walked
in. I had the hat on and that there's a
guy and then we was chatting and then oh
they're all just taking over
>> taking [laughter] over the foyer of the
hotel. to get some bumper stickers.
Infinity fam on board.
>> I need a couple of those.
>> Yeah. [laughter]
>> So, you're really enjoying the process?
>> Oh, definitely. Definitely.
>> We love um the community base. Um we
love that. Um we've got lawyers at hand,
which we've done our um wills now.
>> Okay, good. So, you've really got all
your affairs.
>> We have. We've we've done our SMF
>> SMSF. Yeah. Selfishing super. Yeah. With
the financial planners. So you're
working with the external financial
planners, external lawyers on your wills
and estates.
>> Done all that in the last four months. >> Okay.
>> Okay.
>> Um so yeah,
>> tax accounting.
>> Um yeah, we've told him that like for
the next financial year. Yeah.
>> So you've still got the same account.
All good.
>> No, no, we we've got the new ones.
>> The new Okay. Yep.
>> Yep. Okay. >> Yeah.
>> Yeah.
>> The ones that are doing our super,
looking after our super.
>> They're take Okay, that makes sense.
>> The financial planner.
>> I just like how it's all connected.
>> Yeah. We can all talk to each other.
>> Yeah. And we don't have to worry about it.
it.
>> There's a lot of changes there.
>> I know. I know.
>> You look You look very chuffed with yourselves.
yourselves.
>> We are.
>> We We're actually achieving something
that we're really proud of what we're doing.
doing. >> Yeah.
>> Yeah.
>> Expl. Okay. [laughter]
You look so chuffed.
>> Well, even for our grandkids.
>> No, this is great. But so if you were to
explain infinity to somebody tuning in
and go, these people are just smiling
away and they paid the house off and
they got a heap of investments and they're
they're
>> and that's what we do.
>> From Western Australia to Queensland for
a [ __ ] Christmas party and they're
>> they're filling up trolley with presents
for people less fortunate this year,
>> which we've never been able to do.
>> I think you better stop drinking my
Kool-Aid. [laughter] I think I've
poisoned you. Explain explain all this
to somebody in a sentence or two. >> Oh,
>> Oh,
>> so you come to get help.
>> You come to get help to pay your loan off.
off. >> Yeah.
>> Yeah. >> Yeah.
>> Yeah.
>> And you walked out with what?
>> The four
>> the the family. The extended family.
It's just a big extended family.
>> It's My kids think it's a cult.
>> It's It's our finance cult.
>> Um and I'm still working on them. Um,
>> well, they keep everyone's peppering me
for Infinity tattoos at the Christmas party.
party.
>> Yeah, I'm waiting for one.
>> I'm like, I can't be part of that. Then
I looked at it and it was like skin
penetration and licensing and someone
gets infected or someone's had too much
to drink. I'm like, this is [ __ ] too
complicated. I'll send this across the
road to the tattoo shop. I'll just say,
"Hey, you're about to get 3,000 people
that want a tattoo. Are you ready?"
>> I think that's what I'm cuz there's one
there's one or two right across the road.
road. >> Yeah.
>> Yeah.
>> I think I'm just going to have to ring
him and go, "Hey." [laughter] people
just book in with you. We'll give you a
booking. Yeah. Literally, we'll give you
a booking link. Eh,
>> yeah. It's funny actually because um my
daughter's got a tattoo and she's
actually got the infinity sign. >> Really?
>> Really?
>> Yeah. Yeah.
>> But um
>> welcome to the cult. [laughter]
>> That for years.
Um but um yeah, I just maybe it's a
sign. I don't know. But
>> yeah, I'd really like to get them in.
>> You can't really explain it. It's so
hard to explain.
>> You have to feel it. You have to get to
know what it's all about. >> Yeah.
>> Yeah.
>> To thoroughly be able to
>> take Let me ask Let me ask you a
different question.
>> Take the leap.
>> What would happen if there was no
infinity tomorrow?
>> We'd still be in the same boat.
>> I'd cry.
>> Cry [laughter]
for a for two seconds.
>> No. No. I know.
>> So, it's a it's been a big change for a
big turn. Special to you. >> Yeah.
>> Yeah.
>> In just a couple of months. >> Yeah.
>> Yeah.
>> I like that. So, we're just the average
Joe Blow and
>> we took a gamble. In a way, it could you
could say it's a gamble.
>> Yeah. Yeah.
>> And it's paid off. So, for what we've
put into it, we've got more out of it
than what we put in.
>> That's the thing. If you make an
investment, people think, "Oh, I've got
to spend money." No. Make an investment.
You need a return on investment. So,
whatever the cost of the advice is,
>> that should un that should yield a return.
return. >> Yes.
>> Yes.
>> You've got that back in the first couple
of months. [ __ ] Happy days. >> Exactly.
>> Exactly. >> Yeah.
>> Yeah.
>> Okay. All right.
>> Yeah. Like I say, it's just
>> it's the personal touches, too. >> Yep.
>> Yep. >> Um,
>> Um,
>> so what's it like having the team around you?
you?
>> Fantastic. They are so awesome.
>> Who's your team?
>> We got Sam.
>> Sam, Toby
>> and Lou.
>> And Lou. Um, >> team.
>> team. >> Yeah.
>> Yeah. >> Yep.
>> Yep.
>> All the boys.
>> All the boys.
>> All the boys.
>> Love Nat.
>> Yeah. Nat's awesome. >> Yeah.
>> Yeah.
>> Working a backside off. Nat and Megan.
They they put off some amazing
community. Oh, you did the one of the
Western Australian community events. >> Yeah,
>> Yeah,
>> cuz they were there for like a week. >> Yeah.
>> Yeah.
>> They were doing football and cinemas and
pubs and
>> Yeah, we did them. >> Yeah.
>> Yeah.
>> No, it's just it's community that until
people actually get involved in it.
>> They won't understand, I don't think. I
mean, we can explain them. We can show
them everything. >> Yeah.
>> Yeah.
>> And then I mean we can show them the
proof of how how big a turnaround and
what the outcome is for us. >> Yeah.
>> Yeah.
>> You know, and then
>> it's up to them.
>> Exactly. Yeah. Okay.
>> You can lead a horse to water.
>> Yeah. True.
>> What do you guys do as your food fuel
fun each week?
>> How much? >> 500.
>> 500.
>> 500. Yeah. And how many in the household?
household?
>> Just two and the dog.
>> Two in the dog. Kids have grown up. Yeah.
Yeah.
>> Yeah. Okay.
>> 500. Not too bad. It's pretty good.
>> You pocket money each week.
>> Yeah. You get your five bucks and she
gets $4.95. >> No.
>> No. >> No.
>> No.
>> No. He actually spends more than me.
>> Oh, I'm not a shopper.
>> Shots fired.
>> Yeah. I'm not a shopper. No, we'll
basically we'll take basically $50 a
week out and put it in our wallet. >> Mhm.
>> Mhm.
>> It's just something something I like to
have, you know, >> with
>> with
>> coffee, beer, sandwich, whatever. It's just
just
>> lotto. Um
>> snag. [laughter]
>> Um yeah. So, but I I don't spend mine.
>> I I usually let it accumulate in my wallet.
wallet.
>> Then he goes to your wallet while you're
asleep and slips a 50.
>> No. No, it's [laughter] pretty good
actually. No, no, but my thing is I like
to get my hair done. So, >> okay.
>> okay.
>> Um I save mine up to pay for my hair cuz
I'm too tight to take it out
>> to take it out of the Okay. [laughter] >> Okay.
>> Okay.
>> I want that money to stay on the
>> on the loan.
>> What do you What do you hope the future
looks like? Cuz we're going to do a
round two of this cuz it's a pretty
crazy journey, right? So, I'd like to
sit down again in maybe 6 months or 12
months, hey, yeah, well, this is we got
rid of that debt, which we've done, and
now we're going to get rid of the
investment debt maybe, and here's the
investments. So, it' be good to do a bit
of a review, but what would you like to
see the future hold for you guys?
>> Well, Sam has given us goals.
>> Okay, good.
>> Yeah. So, um, we're hoping to have the
rest of that investment paid off by January.
January. >> Excellent.
>> Excellent.
>> Yep. And, um,
>> we need to do a podcast just after that. [laughter]
[laughter]
Um, and then
>> no pressure. No pressure.
>> Um, and then we're going to concentrate
on getting some money in the vault. He
calls it the vault. >> Y.
>> Y.
>> Yep. So, um, cuz we've we've always been
sort of asset rich and money poor. >> Yep.
>> Yep.
>> Um, which is not a good feeling. >> Okay.
>> Okay.
>> Um, it's the first time we've had money
actually in the bank really. Okay. cuz
we've always lived on credit and then
just paid it off every month.
>> So, so really it's always been a bit of
a struggle. >> Yep.
>> Yep.
>> We've always lived on credit. Had to pay
the credit off.
>> There was either something left or not
left. It was
>> fees was like another mortgage each
time. Um
>> so you're actually struggling.
>> We were. Yeah. >> Okay.
>> Okay. >> Yeah.
>> Yeah.
>> Yeah. Too scared to spend any money.
>> So do the kids or family or friends,
have they noticed a change in you in the
last couple of months? do you think?
>> Or have you kept it under wraps? Cuz you
sitting here talking about it, you're
pretty happy, right?
>> I mean, we we don't tell them a lot, but
we do say, you know, we're doing
something and if you're interested, go
and go and watch it.
>> We don't try and give them too much information.
information.
>> So, I see two people not under pressure,
pretty happy, enjoying themselves.
>> Yeah. I mean, if I seen you in met you
in pressure premass bit of debt, I think
there'd be a key difference of who
rocked up for dinner with the fam versus
who rocks up today. >> Yeah.
>> Yeah.
>> Yeah, probably.
>> Yeah, we do try and give our kids a lot. >> Okay.
>> Okay. >> Um
>> Um
and help them out when we can. >> Yep.
>> Yep.
>> Um but, you know, we don't we don't want
to spoil them. I mean, they're adults
anyway now, but um
>> you know, we're there for them if they
need us. Um and you know, we're there.
They know that
>> doors door, as I say, doors always open. >> Yeah.
>> Yeah. >> Y
>> Y
>> um but um you know, they've got their
own journey and they've got to find
their own way. Um we'll help them where
we can. I mean, we helped our daughter
get into a home. She actually bought one
of our investment properties,
>> right? Um, which
>> didn't work out very well for us.
>> Using the ass,
>> bit us in the ass because we didn't get
the right advice.
>> Um, so we had to pay um a bit, but we
promised her. So, we stuck to our
>> guns. Yeah.
>> Because you do need that for your kids.
>> Yeah, of course. [laughter]
>> Um, but they wouldn't have been able to
get in the market if we didn't. So,
>> okay. Um, and they're not they haven't
got [ __ ] jobs. They've got really good jobs.
jobs.
>> Um, but it's so hard. Yeah.
>> So hard to get in the market for them
these days.
>> Not very good of you guys to help. >> Yeah.
>> Yeah.
>> Tell me this. What could we do better? >> Um,
>> Um,
well that brings me to the question that
I wanted to ask you.
>> Yeah, we can do that.
>> Can I do that now?
>> Yeah, go on.
>> Okay. Would you consider
employing RMs in Perth? Because the time differences.
differences. >> Yeah.
>> Yeah.
>> In the time that we've been with you
guys, we've never been able to have a
meeting with Sam together.
>> Yeah. Okay. Good point. So,
>> it's very hard. So, we do phone calls.
>> There's two offices on the cards besides America.
America.
>> A Perth office, like a WA office.
>> Okay. Ah,
>> and uh Sydney CBD because we're in
Western Sydney, >> right?
>> right?
>> Uh we're just moving Melbourne offices
very in the next couple of weeks or so
to a much larger Melbourne office.
Obviously HQ here, we have Woolingong.
So we're sort of very evenly spread up
the coast with you know Gold Coast and
then all the way down to Sydney, Western
then Wooling Gong, then Melbourne. So
we're pretty well spread there. >> Yeah.
>> Yeah.
>> Um obviously pretty much everything is
digital these days. Yeah, people don't
want to get in a car, drive somewhere,
both find a park, come into an office.
>> It's so I can count on one hand every
month out of thousands of clients who
comes into the office like literally on
one hand. It's
>> just convenient, right? Just get on a
Zoom or a call or whatever.
>> Um, it is on the cards. We've had
>> You wouldn't even need an office. You
could let them work from home, could you?
you?
>> Oh, no.
>> Oh, you don't like that?
>> Oh, no. [laughter] It's not Victoria.
>> Yeah. Yeah. And even that that thing
they're passing, I've actually looked at
that and studied that. It's actually not
it can't be legally enforced. >> Really?
>> Really?
>> Yeah. So they can try to, but I've
already gone to looked at that with
lawyers. It's like no, it doesn't work
like that. >> Yeah.
>> Yeah.
>> So, but um I'm a big believer in what we
do. That's why I asked what can we do
better? Um is what we do. Like say for
example, if Sam's having a conversation
with you and four or five of his
colleagues around him can hear that and
they go, "Oh, what was that?" And they
and then Sam can turn around at the end
of that and train and teach all of them
how he helped you fix that issue. >> Y
>> Y
>> that can't happen remotely. >> Yeah.
>> Yeah.
>> I don't care what anyone says. I cut my
teeth in banking and find no two clients
are ever the same
>> and life issues are always somewhat
different of hey vet medical hospital whatever.
whatever. >> Yeah.
>> Yeah.
>> And and how you access money and when
you get there's so many variants. >> Y
>> Y
>> so I have a very strict rule that until
you pass you say 6 months probation
you're here 5 days a week or longer
whatever is required for the customer.
>> Yeah. Once you pass your probation and
you're hitting all your customer
metrics, sure you can do a day from home
or two, you know, something like that.
But that's fair enough.
>> I think that there's a big issue with uh
that's why I say to be a physical office
and until people get and you know,
you're always growing and stuff like
that. We're growing at a wild rate. Um
that they have to do the apprenticeship. >> Yeah.
>> Yeah.
>> Yeah. Yeah, there's like we're losing
trades and this and that cuz kids come
in these days and as soon as they get
their on their apprentichip, they become
like a second year and they get their
P's in a toolbox and they think they got
a mobile phone and they think they run
their own [ __ ] company now. [laughter]
[laughter] >> Yeah.
>> Yeah.
>> And the quality of the workmanship is
[ __ ] dog [ __ ]
>> You know what I mean? They don't It's
rubbish, right? You see it when you go
into some things these days. So,
>> I think the next wealthy people in
Australia and globally will be tradesmen.
tradesmen.
>> I think people that have got that skill
and the hard work ethic and good quality
trade work.
>> Yeah, very much so. I think that's going
to be the next boom. Um, but yeah, no,
big I'd have to open an office there
>> because they're very very um I'm very
firm on the expected service levels and
no one's perfect. You have different
staff at different times can let you
down, but
>> boy have we got amazing people right
now. Amazing people.
>> You definitely have.
>> So yeah, P the hard with times and
that's the one probably even before CBD
next year I'd probably look to open. Yeah,
Yeah,
>> but it's hard for me because I'll go to
New Zealand before I go to WA. It's just
so far away. [laughter]
>> Mind you, I don't leave my little patch,
you know, but I'm keen to get over
there. But, uh, >> yeah,
>> yeah,
>> need a bloody
>> summer need a [ __ ] jet or something.
The amount of Perth with WA clients
we've got. So,
>> I know.
>> Yeah, it's definitely a um it's
definitely a conversation and dialogue
at the moment. Um, but to do that, I'd
be re I'd really really want somebody
from my east and seabboard locations to
relocate there. >> Yeah.
>> Yeah.
>> Because I'm so
confident in the people I have, like so
good at what they do. They're so caring.
>> I'd never just go and open an office
cold turkey and hire 20 or 50 new people.
people.
>> I need that DNA and culture and care
factor to continue.
>> Yeah, definitely.
>> Yeah. WA is definitely on the cards
purely from a time location or I still
think no one will come into the office
>> but just a time zone thing. >> Yeah.
>> Yeah.
>> Um likewise one of the other solutions
we've looked at there is is um just
adjusting schedules. So some people like
in the CBD instead of uh 9 to5 say
office hours people could work 7 to 3. >> Okay.
>> Okay.
>> People could also work 11 to 7.
>> Now the problem with that is it's very
hard to police. You got to trust your
team. Yeah,
>> I work 11 to 7 and they roll in at
>> 12 and leave at 5. My team wouldn't do
that obviously, but you know, the
customers would tell us, but
>> it's just human nature. People then
obviously dropping the kids off and
ducking out here and it's busy. I I do
um and this is just a very data driven.
I um in first in co when I said to
people, okay, you can work at first I
said no central services, someone's
going to be locked out of their home,
their loans not going to settle, you
must be here. M
>> uh and and then later on when people
like I got to work from home. They said,
"Oh, I've got to um my kids are off.
I've got to do my kids school work all
day." I said, "Well, that's
interesting." And this is a funny one
for our business. I said, "Your kids are
off school. You either work and you're
having client meetings all day or you're
homeschooling or babysitting. Which is
it?" And they said, "Oh yeah,
>> I've got to my kids are at home all day.
I got to do their school with them." I
said, "So you're taking leave."
>> Yeah. It's funny how human being brains
work because a lot of people then I
actually had a lot of staff who said
well you're welcome to resign
>> or you're welcome to take a leave because
because
>> whilst it was a crazy time for people
>> I understand the kids had to be home
>> but you still had to work
>> that's right
>> feed the kids and I still had to pay you
so it's the work gets done or no one
gets paid the customer had to be looked
after cuz they were freaking out too. >> Yeah.
>> Yeah.
>> So I'm a really really bit of an [ __ ]
on that but it's what's built our
current service level. So stage three
for WA office.
>> Oh, that's awesome. No, that'll be good.
>> Yeah, cuz I I work from 7 till 5. >> Yeah.
>> Yeah.
>> So it's really hard. It's either
>> It's like the MAMS, right? Or in the morning.
morning.
>> M. You guys are all just knocking off
work and the M start
>> I clock on at 4:00. So I get home at
4:00, I clock on
>> and then Tracy starts early that day.
She'll come in.
>> Yeah, I start at 6:00 that day.
>> You can always watch the replay, but
it's just
>> I know. But it's nice to actually
>> be part of it. Exactly. you want to be
part of this space. What else could we
do better?
>> I don't know. I don't think there's
anything you can do better. We were like
blown away with Rem.
>> We had so much food.
>> We didn't know what to do with it.
>> Chocolates, mate. No, I should have
brought a box with me. An empty box.
>> Oh, he
>> Did you get an ice cream or did Lenny
eat them?
>> No, we didn't eat the ice cream. But
>> I didn't find them.
>> You didn't find
>> I found the maltesas and everything
else. No,
>> just outside the ballroom all night. >> Yeah.
>> Yeah.
>> Is um unlimited ice cream. So freezes
full of ice cream.
>> Yeah. No, we didn't.
>> You'll always know Lenny out there.
>> Next next time. Next
>> off his diet that once a month.
>> Yeah. No,
>> next time. Um, no.
>> It was it was just like them few days we
were there. It was like, [ __ ] what's
going on, you know?
>> Your head's just spinning and you know,
and you're trying to take it all in in
that short period of time. Yeah. And
then you're sitting in there and
listening to all
>> I think the next one will be better
because you can relax a little bit more
in and
>> each time you take a bit more in and a
bit more. >> Yeah.
>> Yeah.
>> What questions did you have for me today?
today?
>> Well, I've asked my question. Um or the
only other question I had was um like
we're not in our forever home. >> Yep.
>> Yep.
>> Um because we don't get attached to
homes anyway. Um and eventually we will
downsize. Um, do you help with with the
>> community to buy over there?
>> Uh, uh, in what aspect?
>> Like help us make the right choice.
>> Oh, yeah. Of course. Yeah. So, you Good.
>> Like when you're going to sell. Yeah.
>> We'll give you that guidance of how to
pick the right agent. >> Yeah.
>> Yeah.
>> So, you get online for example, you go,
"Right, my suburb, my price, my thing."
You go to sold, not for sale,
>> and then you go most recent,
>> right? And it'll show you on which agent
sold the most homes at what prices.
>> That means they have all the listings
and they're getting all the results. For
sale means nothing. They ain't selling [ __ ]
[ __ ] >> Yeah.
>> Yeah.
>> Sold is the person getting outcomes.
>> Do a little tally and go Ray White PD
McGra blah blah Joe blah. Oh, Ray White
sold seven of the last 10 homes in our area,
area, >> right?
>> right?
>> At good prices.
>> Yeah. Yeah,
>> I'm going to [ __ ] talk to Ray White. >> Yeah,
>> Yeah,
>> LJ Hooker. LJ Hooker, right? So, there's
these little things we teach you to do
that Sam would run and have a look at it
and go, "Oh, yep. Cool." Only talk to
these two agents and ask them to give
you comparable quotes. >> Yep.
>> Yep.
>> This is what we charge. This is the
campaign we run. And you send them to us.
us. >> Y
>> Y
>> we check them. >> Right.
>> Right. >> Okay.
>> Okay.
>> All right.
>> And then we go back and say, "Yep,
that's fair and reasonable. You should
pay that amount of money. They're an
expert." or no, ask for a discount on
this or that them cover. Cuz real
estate's the only industry where you pay
someone for a service, but you pay all
your own costs. >> Mhm.
>> Mhm. >> Yeah.
>> Yeah.
>> Doesn't make sense, does it?
>> You pay your own photography, your own
marketing, your own advertising, and
then they get a commission after you
funded their business. >> Yeah.
>> Yeah.
>> The [ __ ] is that?
>> I know.
>> Think about it.
>> It's It's a rot.
>> Like, if you want my business, you
should pay for the photography and have
your own photographer on board on a
wage. You should pay for the marketing
and advertising because you're getting a
sales commission for marketing and
advertising and selling my [ __ ] house.
house. >> Yeah.
>> Yeah. >> Yeah.
>> Yeah.
>> So that's why I sell off market. If I
got to sell a home, I sell off my not
paying photography. I'm not paying [ __ ]
if it's a good home. Ring some and let
everyone else do that. So when I'm
selling, I go, "Oh, the house around the
corner just sold for [ __ ] 10 mil."
Great. I reckon I'm worth 12. I'll ring.
Hey, mate. So you sell this for 10.
Well, you would have 30 people that
missed out on that house.
>> I do. Great. I'll sign the paperwork
with you. I'm not giving you a [ __ ]
scent. No. And I don't need to sell, but
I'm thinking if you can get me 12, I'll sell.
sell. >> Mhm.
>> Mhm.
>> Well, only photos and because that means
a property is so [ __ ] that you got to
stick it on the internet and hope
somebody finds it. >> Yeah.
>> Yeah.
>> Most good real estate is sold off market
>> because the 10 people, 20 people that
miss out on that one that are desperate
to buy, the agent can go, "Oh, I've just
actually listed something last night
around the corner. Do you want to come
and have a look before it goes to market?"
market?" >> Mhm.
>> Mhm.
>> Yeah. Yeah. Most a lot of real estate is
sold off market. People just don't know. >> Yeah.
>> Yeah.
>> A lot of that snapped up by investors
like me, too.
>> Yeah. Yeah.
>> Yeah. Well, we've just had ours had ours.
ours.
>> I can't help you pick the new house.
>> Cuz you have to like it. [laughter]
>> Yeah. I don't know whether I want to um
I don't know whether I want to go back
into debt for it. That's the only thing.
Were you going to upgrade or downgrade?
>> Well, we'll probably go smaller, but
it's so expensive right now.
>> Well, you get that on the on the western
side at the moment.
>> Yeah, I know. He would come over here to
live, but I said no because my grandkids
are over there.
>> Fair call.
>> Not Not leaving them.
>> Yeah, fair call. But do you want another
house? Do you want to lock up and leave
apartment? You going to travel in retirement?
retirement?
>> Apartments aren't very popular over
Perth. I don't know why. Um I I probably
go for like a small cottage block with
just a smaller home on it
>> so we can still potter around in the
garden and stuff cuz I do
>> a big shed.
>> Oh, he wants a big shed.
>> Got to have something
>> in a big shed.
>> You can have the house. I'll have the
shed. [laughter] >> Yeah.
>> Yeah.
>> Look, it's an it's an exercise we just
need to run frequently for you when you
want to. >> Yeah.
>> Yeah.
>> And you can look at it now and we can
write a strategy.
>> Now is not the right time. I mean,
nothing's going to get cheaper, but
you're going to sell and buy in the same market.
market. >> Yeah.
>> Yeah.
>> Your home, you always sell and buy in
the same market. You're trading one,
you're picking up another.
>> So, it's just a timing thing for you.
>> Yeah. Yeah. I think so. Um, I think at
the moment, we just want to build wealth.
wealth. >> Okay.
>> Okay.
>> More than anything.
>> Okay. We'll probably just keep doing
what we're doing for now. >> Yeah.
>> Yeah. >> Yeah.
>> Yeah.
>> We'll look at the We'll have a chat.
We'll look at the strategy and we'll see
if there's any bells and whistles we can
put on it. >> Yeah.
>> Yeah.
>> Otherwise, we'll let time do its thing.
>> Yeah. Well, we've got a while before any
of them are settled. So,
>> any other questions for me?
>> I was going to give you a question,
mate, but when I've watched the podcast,
I think every person that's asked you a
question has been asked. So, it's like
>> Oh, no. I'm sure there's some that haven't.
haven't.
>> There's a lot of
>> I don't know. If you ask me what I'm
wearing to the Christmas party, I don't know.
know.
>> You don't know?
>> No, probably a tablecloth.
>> Timmy's not coming. >> N
>> N
Timmy might come out later after a
couple of uh shots of tequila or
something. [laughter]
>> He had a crack at me at the rim, mate.
We were sitting front and center at the
rim and all Timmy's there with his legs spread.
spread.
>> Look at my tin sniff.
>> I didn't have a choice. I was looking at [laughter]
[laughter]
you was right there. [ __ ] >> dude.
>> dude.
>> Got a major skull of warm VB. [laughter]
Oh my gosh.
>> Lucky I had shorts on underneath. [laughter]
>> Oh god. >> No.
>> No.
>> Very good. You should be really proud of yourselves.
yourselves.
>> Thank you. We are
>> really [clears throat] proud of I'm glad
everything's going so well and so smooth
for you and
>> you look so vibrant and happy and and
that's it's really good to uh
>> to see someone doing so well. She's
really proud of yourselves.
>> Yep. We just can't wait to smash those
next goals that Sam has given us. M look
forward to it and we'll uh we'll do a
part two just after Jan. You reckon that
debt's going to be gone? You said right?
>> We're hoping January Febon.
No, I'm I'm aiming for January. End of January.
January.
>> Depending on my movements whenever the
next podcast series in sort of Jan Feb
might we'll uh we'll sit down and we'll
we'll hash it out and see how you've
gone so everyone can follow the journey. >> Yeah.
>> Yeah.
>> Dramas, mate.
>> Well done. Thanks for sharing guys.
>> Thank you very much. >> Thanks.
>> Thanks.
>> Appreciate all your help. Thank you.
>> We do, mate.
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