Balanced Wealth Creation

BRINGING PEOPLE TO A BETTER LIFE Balanced Wealth Creation Pty Ltd. ABN: 90 686 655 249 ACN 104 220 082 Phone: +61 (0) 2 49135964 Fax: +61 (0) 2 49689245

www.balancedwealthcreation.com

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What about your future?

What is your inevitable NEXT 10 YEARS? PERSONAL MANAGEMENT, INVESTMENT AND BUSINESS TRAINING FOR WEALTH CREATION AROUND A BALANCED LIFE.

15 years old

+10 = 25

+10 = 35

Teenage bliss. Ready for life.

Bring on 18!

Making money. Spending up.

Life’s good!

Kids arrive.

Income down, Expenses up!!

+10 = 45

+10 = 55

+10 = 65

Teenage kids.

Where did all the money go?

Kids grown. Hair grey.

Where did all the years go?

No hair! Time. No money.

Everyone else busy!

“The wise simply have a well developed perspective of time yet to be lived.

Consequences of present actions are thought through and considered and, as a result, decisions and actions tend to build a life rather than destroy it.“ PHIL BAKER

MISSION STATEMENT “To seek out and pass on knowledge, understanding and wisdom, creating opportunity for everyday people to balance lifestyle and financial wealth in a trusted environment of Personal and Professional relationship”

life’s jigsaw puzzle

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THE JOURNEY?

TIME

LIFES JIGSAW PUZZLE

ARE YOU PREPARED FOR AND HAVE YOU THE ENERGY AND FRESHNESS FOR THE JOURNEY?

LEARNING

PLANNING

HEALTH

LIFESTYLE Have you got all the pieces DEVELOP INCOMES in place for a Balanced Life?

NOW FOR THE WEALTH CREATION JOURNEY

DO YOU HAVE THE RESOURCES FOR THE JOURNEY?

ARE YOU PREPARED FOR AND HAVE YOU THE ENERGY AND FRESHNESS FOR THE JOURNEY?

INVESTMENT

RELATIONSHIPS

INCOME

EXPENDITURE

TIME LEARNING

PLANNING

HEALTH

LIFESTYLE DEVELOP INCOMES

NOW FOR THE WEALTH CREATION JOURNEY

INVESTMENT

HOME

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RISK

HOME

RISK

BWC RESOURCE CENTRE IS THE HEAD COACH OVERSEEING THE WORK OF SPECIFIC PROFESSIONAL COACHES

Health Practitioners

Business

Insurance

BWC

You

Superannuation

Mortgage

Real Estate

Construction

Accountant Stockbroker

Law

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LIFE BY DECADES. 1

! WHERE ARE WE GOING?

Planning a great future is three simple steps.

1 Where are we going?

1.

2 Where are we now?

2.

3 What is the next step?

3.

So let’s take a closer look at your inevitable next 10 years.

PLAN AHEAD INSTEAD OF CONSTANTLY FIXING LIFE IN ARREARS Getting a developed perspective of life yet to be lived is like looking at the picture on the box of a jigsaw puzzle before starting to put the pieces together. Most people spent their last 10 years taking actions (putting pieces together) and then look at what sort of picture they have built. Generally some parts look okay and other parts look terrible, taking away from the good parts.

We believe that with consistent and considered small steps, anyone can achieve the picture they want to see on their Life’s Jigsaw box. By assessing “the inevitable next ten years” we mean that it doesn’t matter what you do, ten years will inevitably go by whether you do something to create a balanced life or not.

DOING NOTHING ABOUT YOUR FUTURE IS NOT AN OPTION

Let’s start…..

You and Family

Ages 10 years ago

Current Ages

Ages in 10 years

Ages in 20 years

You

35

45

55

65

List the current ages of the people in your family in the current ages column;

Spouse

39

49

59

69

List all the ages 10 years ago in the first column;

Mum - Yours

57

67

77

87

Dad - Yours

67

77

87

-

Mum Spouse

67

77

87

-

Dad - Spouse

60

-

-

-

Child 1

12

22

32

42

Grandchild 1

-

-

7

17

81

91

USING THE TABLE ON THE NEXT PAGE:

List your ages 10 years from now in the “Ages in 10 years” column; In the same column, add the age of any likely additions to the family such as Spouse, children, grandchildren; List your ages 20 years from now in the “Ages in 20 years” column.

Take this first step to assessing your next inevitable 10 years.

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NOT QUITE SURE WHAT TO DO? HERE IS AN EXAMPLE.

Other Grandmother

Taking a look at your life in decades usually provides an interesting picture to think about.

You and Family

Ages 10 years ago

Current Ages

Ages in 10 years

Ages in 20 years

You Spouse

Mum - Yours Dad - Yours Mum - Spouse Dad - Spouse Child 1 Child 2 Child 3 Child 4

Grandchild 1 Grandchild 2

Other dependants

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BALANCE ANALYSIS. 2

WHERE ARE WE NOW?

To see where you are now let’s take a look at your current Balance Analysis.

GIVE TIME TO ALL AREAS ONGOING OR WE WILL GIVE TIME IN THE FUTURE IN CRISIS MODE. Consider the questions which go with the balance areas below.

Review the “Balance Analysis Current Position” to get an honest view of what needs work in your life today.

Mark each topic as: Great - No change needed Ok - Satisfactory but needs change soon Needs work – Needs change urgently.

Of the areas that need work write down in order what is most important for you to fix first?

Great Time - Sufficient uncommitted time?

Relationships - Trusted personal & professional relationships?

Income - Excess funds every week?

Expenditure - No unpaid bills?

Planning - A clear plan for all areas of your life?

Personal Development - Read, Listen, Associate - Personal knowledge to support your life decisions?

Health & Fitness - Sufficient health & fitness for your family?

Hobbies & Interests & Holidays - Sufficient hobbies and interests and holidays?

Home - Home to suit your needs and lifestyle?

Investment - Sufficient genuine investment for your future?

Business – Multiple Incomes - Several incomes with flexible time?

Speculation - Clear understanding of the risk of speculating?

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OK

Needs work

PRIORITY

People generally know the truth about their challenges, but until that TRUTH is made TRANSPARENT to their spouse and a trusted third party, the areas that are letting people down are rarely addressed.

BWC Resource Centre has been the Trusted third party for many individuals and couples over the last decade helping people to think clearly and do what is required next.

REAL LIFE STORY: For me the areas that collectively brought the whole picture down were: • I wasn’t giving time to planning and monitoring each area; • I had not developed a trusted third party relationship who I could run my thoughts past to get their perspective and wisdom; • My money management was poor. I felt if I needed more I would just make more. (so dumb); • I let my home and investment become at risk to business failure; and • I continually increased our exposure to business and lifestyle debt.

With the people and understanding I have today a few simple different choices would have made all the difference.

Now that you have taken a quick look at the balance areas, take a moment to reflect on your current position.

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BALANCE ANALYSIS. 3

DO YOU HAVE THE RESOURCES FOR THE JOURNEY?

NEXT STEPS

RELATIONSHIPS

INCOME

EXPENDITURE

TIME

TIME

Principle… Give time to all areas ongoing or give time in the future in crisis mode.

LEARNING

ARE YOU PREPARED

FOR AND HAVE YOU THE HEALTH PLANNING ENERGY AND FRESHNESS

FOR THE JOURNEY?

LIFESTYLE

RELATIONSHIPS

Principle… Wealth is about who you are connected to not what commodity we have.

DEVELOP

INCOMES NOW FOR THE

WEALTH CREATION INCOME JOURNEY

INVESTMENT

Principle… Develop multiple incomes with minimum time, minimum stress and maximum flexibility.

HOME

RISK

EXPENDITURE

Principle… Bills are due at the point your income arrives not when the actual bill arrives.

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THE JOURNEY?

ARE YOU PREPARED FOR AND HAVE YOU THE ENERGY AND FRESHNESS FOR THE JOURNEY?

TIME

LEARNING

PLANNING

HEALTH

LIFESTYLE

PLANNING

Principle… Plan in advance or be always fixing in areas.

DEVELOP INCOMES

NOW FOR THE WEALTH CREATION

JOURNEY INVESTMENT

HOME

RISK

PERSONAL DEVELOPMENT

Principle… We will be the same in 10 years but for what we read, what we listen to and who we associate with.

HEALTH & FITNESS

Principle… Health & fitness is required to maintain the energy for life’s journey.

LIFESTYLE

Principle… Day to day lifestyle gives freshness for life’s journey.

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FOR THE JOURNEY?

LIFESTYLE

BALANCE ANALYSIS. 3

NEXT STEPS

DEVELOP INCOMES

NOW FOR THE WEALTH CREATION JOURNEY

INVESTMENT

HOME

RISK

HOME

Principle… Buy as early as possible in life, as cash flow allows, to cap accommodation costs.

INVESTMENT

Principle… Plant for long term to secure future.

DEVELOP INCOMES

Principle… Ensure potential development losses cannot threaten home or investments.

SPECULATION

Principle… Only speculate when there is reasonable evidence for success and with what amount can be lost without threat to home, investments and developments.

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TRULY BALANCED INVESTMENTS

HOME

RESIDENTIAL

PROPERTY

DIRECT SHARES

SUPERANNUATION

SHARES, INSURANCE, PROPERTY

Your Current Investments HOME

RESIDENTIAL PROPERTY

DIRECT SHARES

SUPERANNUATION - SHARES, INSURANCE, PROPERTY

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BALANCE ANALYSIS. 3

NEXT STEPS

LIFE IS LIVED FORWARDS BUT UNDERSTOOD BACKWARDS Of the 5 essentials for success listed below Desire, Work Ethic and an Opportunity will take people forward however having Coaches and being Teachable gives us understanding and wisdom going forward.

5 Essentials: DESIRE Nothing is achieved without desire. If you are a couple, one may be the visionary and it is important that the visionary is supported

WORK ETHIC Also nothing is achieved without hard work. Some people are creator workers and some are manager workers. As a couple one is likely to be the visionary and one the orderly one.

Work together.

OPPORTUNITY TO MATCH DESIRE If you do not currently have the opportunity to match your desire talk to the BWC team to discuss other possibilities that may be available.

COACHES Sporting teams at all levels would not consider competing without a head coach and specific coaches for strengthening, speed etc and they train a few nights a week and play once or twice per week. We play life 24 hours a day 7 days a week.

TEACHABILITY Only when we realise others have been where we want to go, do we become teachable.

We can learn from them saving time, finances and anxiety. It takes humility but the rewards are outstanding.

• The BWC Training program will take you through 12 topics delivered over a 3 month period.

• The cycle is repeated reviewing the foundations and adding advanced learning within each topic.

• The repetition creates habit which leads to a culture of outstanding personal management.

• This becomes the foundation on which successful investments and business are built.

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Speculation

Development INVESTMENTS / INCOMES

Investment RESIDENTIAL PROPERTY

HOME

DIRECT SHARES

SUPERANNUATION

Shares, Insurance, Property

Personal Management PLANNING

PERSONAL DEVELOPMENT

HEALTH & FITNESS

INCOME

LIFESTYLE

EXPENDITURE

RELATIONSHIPS

TIME

1

Connect with a Resource Centre coach for general discussion and book a meeting.

2

Connect with the Mortgage Professional to arrange a “Capacity Check”

3

Connect with the Property Professionals to view and secure appropriate investment.

4

Connect with the Stock Broker to discuss Direct Shares outside Superannuation.

5

Connect with the Superannuation professional to discuss Insurance options.

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PROFESSIONALS

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Profession: Coaching

Profession: Mortgage

Company: BWC Resource Centre

Company:

Name

Name

Date

Date

Time

Time

Location

Location

Profession: Property

Profession: Stockbroker

Company:

Company:

Name

Name

Date

Date

Time

Time

Location

Location

Profession: Superannuation

Profession:

Company:

Company:

Name

Name

Date

Date

Time

Time

Location

Location

Profession:

Profession:

Company:

Company:

Name

Name

Date

Date

Time

Time

Location

Location

Notes

Disclaimer Balanced Wealth Creation Pty Ltd operates a training service designed to provide an environment for quality decision making. All training material is offered purely for educational purposes and does not include specific recommendations on investment decisions.

Balanced Wealth Creation Pty Ltd does not take into account the investment objectives, financial situation or particular needs of any person and recommends that customers seek professional advice to ensure that investment decisions are aligned with their circumstances, situation and investment and planning aims. Balanced Wealth Creation Pty Ltd makes no representations or warranties of any kind, express or implied, as to the interpretation of this publication or the information, content, materials, or products included within.

To the full extent permissible by applicable law, Balanced Wealth Creation Pty Ltd disclaims all warranties, express or implied, including, but not limited to, implied warranties of merchantability and fitness for a particular purpose. Balanced Wealth Creation Pty Ltd will not be liable for any damages of any kind arising from the use of this publication, including, but not limited to direct, indirect, incidental, punitive, and consequential damages.

This publication is created and controlled by Balanced Wealth Creation Pty Ltd in New South Wales, Australia. As such, the laws of NSW and Australia will govern these disclaimers, and terms and conditions, without giving effect to any principles of conflicts of laws. We reserve the right to make changes to this publication and these disclaimers, and terms and conditions at any time.

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TESTIMONIALS “When I started with BWC Resource Centre I thought that most of the information was fairly straight forward and I struggled to understand the benefits. It was only after I gave it a real go for a while that

I realised that I was looking at a lot of areas of my life with the wrong context.

The BWC Resource centre has taught me a lot about how to prioritise, communicate with my wife about investing and think more clearly about where I want to be in the future” Hamish Ferguson 39 Financial Planner

“What a great program. When I first heard of the BWC Resource Centre I had lost control of my time, work had taken over and I didn’t seem to have time for my family, myself, my hobbies and the fun things in life. I knew what I wanted but kept straying from the path as the day to day things took up my time. I had even tried other programs, some in wealth creation… the quick fix, and others in personal management. Each time I started off okay but soon fell off the wagon. The missing link was ongoing personal support.

My biggest wake up call was looking at “the inevitable next ten years”. I didn’t want to be doing the same things at 53!

That scared me…. Through regular contact with my coach and learning how to pause, reflect and plan, my life is a lot more balanced now and I am enjoying each moment rather than letting it rush past in an unorganised blur. With regular reflection on the past six months, I am more aware and able to plan for the next six months. I still have a way to go though, and with the ongoing support of my personal coach I am developing plans for a fun, balanced and wealthy life.” Jennylee Taylor 43 Project Manager

“It seems a strange part of human nature that you can know something, understand it, recommend it to clients and provide advice in respect of it, but fail to apply it to your own circumstances.

A bit like mechanics having broken down cars, plumbers having leaking taps etc.

By starting the programme, it has, on more than one occasion, forced me to be honest with myself and realise that it is important to practice what you preach and apply those principles to your own circumstances, regardless of your level of expertise, education or income.” Sean Shotter 36 Solicitor

As is often the case, one doesn’t seek help until a crisis is upon them.

In my case I was heavily in debt on a dual occupancy development that was going south very quickly, it was my first attempt at property development and of course I was lacking some of the necessary skills, knowledge and connections.

Thankfully my mortgage broker recognised my predicament and organised a meeting with the BWC team. That’s when it all changed and the situation started to rapidly improve! Although I had to extract myself from the development and in the process cop a reasonable loss, BWC advice and coaching ensured that I not only survived but came out in good shape, and has also helped lay a foundation on which my partner and I can forge ahead into a bright future. It’s just over 2 years since the “world came tumbling down”, yet we are already looking at our next investment or development opportunity and I have never felt more in control.” Geoff Yeatman 40 Aircraft engineer

“We are so thankful that we discovered BWC at the time we did.

We originally needed to concentrate on time management issues, but an unexpected financial crisis occurred and this revealed both the flexibility and holistic nature of the coaching program. We are now mostly through the crisis and are feeling confident about the future.

The program itself is only one contributing factor to the overall success experienced.

The personal trust that quickly developed in the growing friendship provided much needed emotional support during testing times. I have recommended BWC to others who have similarly benefited.

Thank you Chris, Heather and BWC!” David 58 & Tuula Schaeffer State Chairman

“When we started the program we perceived wealth creation

to only involve the financial dimension. However in the last six months we have identified wealth to be multi-dimensional involving relationships, time and lifestyle.

BWC reshaped our thinking and has empowered us to prosper not only financially but importantly in our marriage, in our friendships and in our communication about the future. We can now tangibly see a platform for our life to flourish. BWC has been an important tool for our dreams to materialise.”

Craig 32 & Michelle Sparrow Radiologist / Teacher

Before we were introduced to the BWC resource centre we had made many starts to achieving our life goals but could never seem to get past a certain point. We had a good relationship, a good foundation, and knew some of the principles that would help us achieve, but could not practically apply them in an effective way. In a moment of desperation, after another false start, we rang BWC and were given powerful life and wealth creation principles that we could see and work with. We were teamed up with an excellent coach and quickly identified were we had been going wrong and how we could grow. We have not looked back! Jason and Rachel Squires

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