THINK MONEY $ THINK PROPERTY $ THINK WEALTH
If you THINK you can’t reach your goals ... THINK again... WEALTH THROUGH PROPERTY with THINK MONEY
If you think you can’t reach your goals , think again Setting goals is often the easy part, most of us do that every January. The difficult part is having the focus to follow those goals through and actually achieve them. It doesn’t have to be hard, often the most common cause of not achieving the results you are after is lack of systems and organisation.
meet CHris Childs In this Wealthy’n’Wise edition property investment expert Chris Childs gives you her professional tips on goal mapping, financal platforms and money management. Chris specialises in teaching: • Fast Debt Reduction – Reduce your debt, not your lifestyle • Goal Mapping – how to get focus on what you want • Why Property – Learn the strategies, structures and solutions of investing • How to get 10 properties in 10 years and how to manage the holding costs.
Give us a call and book a seat to our next Wealthy n’ Wise event
Debt Reduction: I often see clients who have seemingly uncontrollable debt, credit cards maxed out, car loans, mortgage payments, overdue bills and stress through the roof. I have seen these same clients leave my office after an hour or two with a new lease on life and a strategy in hand to solve all these problems. No, I don’t have a magic wand but it is amazing what a difference setting up a cash management system can make. Achieving fast debt reduction can often be as simple as getting organised and learning the tricks to beating the banks at their own game. Wealth Creation: This is simple. The difference in separating your personal life from your investments can be amazing for wealth creation! I know from experience that having to think about the cost of investment properties coming from your personal income can make it impossible to relax and enjoy life. The correct financial platform can literally change your life, forever. Once I separated the cost of investing from my income, and made the property portfolio stand on its own, I literally got my life back. My lifestyle improved and so did my investment portfolio. So many people set their goals to achieve wealth through property, and fail to achieve it because the financial stress is too great. After a year or two they sell out and they are back to square one. Life: Money isn’t everything, there are life goals too, such as being the best parent, partner and friend. You want to take those trips, buy that new car, find that perfect job or partner. So, by setting and achieving goals, all it takes is a little bit of focus and a lot of determination. Goal Mapping, Debt Reduction and Wealth through Property are just three of the key elements of the Think Money program. Everyone is different, we all start at a different spot financially, have different timelines and goals. Think Money looks at where you are starting from, what you want to achieve and creates an individual strategy to help you get there. We take a great deal of pride and pleasure from the amazing successes our clients achieve in not only reaching their goals, but exceeding them. Call today to make a time for a chat with Chris, Lynn and Yaseen and see what a difference Think Money could make to your life.
Look forward to seeing you soon Chris Childs
THINK MONEY $ THINK PROPERTY $ THINK WEALTH
what our clients have to say Grace & Nathan Green Earth Homes BUSINESS DEVELOPMENT Since joining Think Money we have been surrounded by a wealth of knowledge and a great mentor. We can’t thank Chris enough for the time she has spent with us not only helping us set and achieve our wealth creation goals, but particularly with the business coaching– her new ways of looking at building our business have been insightful and Green Earth Homes has grown from strength to strength. Thank you Chris and the Think Money team
Bill and Caz Klein Debt Reduction When we first came to Think Money we were pretty well high in debt, credit cards were maxed out, life was pretty stressful. We felt like we were working really really hard and really not getting anywhere. We came to Think Money, sat down with Chris and I just felt like a world of weight had been lifted off my shoulders. With just a few little tweaks to our cash management we’ve managed to have everything fall into place. Our lifestyle has actually improved, it hasn’t gone backwards. We are still on the same income but our debt reduction, its just been amazing. You can see it on paper in just a couple of months. Our stress level is a lot lower now. We have also managed to re-finance and now within the next couple of months we will be heading towards our second investment property. Thank-You Think Money!!
Ian & Kathy Bellman wealth creation Chris basically asked, where do we want to go? She wanted us to think about the big picture – how many properties do you want, what are our goals? Then she set out a strategy and told us what we needed to do…. And then helped us do it! Thanks to Think Money we have just about bought property number seven. We are on track big time! Now we have freedom financially and because of the way Chris teaches us to set up our finances, it is easy! And perhaps the biggest change in Kathy’s life came a few months ago.
After years of being chased for money and too scared to call the banks, Kathy received a phone call from the branch manager at the local bank. They just called to see how I was and told us we were very valued customers. Was there anything else they could do for us? It’s such a great feeling. Now, I’m in control. I must say I agree with Chris… if you THINK you can’t… THINK again.
Video testimonials are available online at thinkmoney.com.au
the seven things about money i wish I had learnt at school... ...that would have made me a millionaire by 25.
WHERE TO GO FOR ADVICE Most people go to a bank for advice on the right bank accounts and loans to have. A bit of a laugh really when you consider their profit margins. It’s like asking the mouse where to put the cheese! I wish I had been taught to ask someone who has money the best way of handling it.
CREDIT CARDS ARE JUST LIKE GUNS A loaded gun in a playground is dangerous, but treated correctly it isn’t. Credit cards are the same. Most of us just use them to help the banks, but you can turn the tables and use the banks’ money for free and use your money to reduce your interest. This secret could have saved me thousands!
THE MORE ORGANISED YOU ARE THE MORE MONEY YOU HAVE It is a fact that if you get organised with your money, you have more of it. Bills get paid on time, you don’t waste precious money on fines, fees and overdue payments, and you make your money work for you instead of against you. A cash management program accelerates your debt reduction and wealth creation.
YOU CAN MAKE COMPOUND INTEREST WORK FOR YOU OR AGAINST YOU Saving to buy something instead of borrowing can halve the price you pay for most items. This sounds boring to us in this ‘have it now’ world, however, compound interest working for you instead of for the loan company saves you thousands. I wish someone had told me that ‘interest free’ isn’t free at all. The interest has been tacked onto the price – ask for the ‘cash’ price and see.
DEBT CONSOLIDATION CAN BE YOUR BEST FRIEND OR YOUR WORST ENEMY Consolidating credit card and consumer debt onto your home loan can reduce your repayments each month and lower the amount of interest you pay. I wish I had been told to use this extra money to then reduce the home loan much faster, and not fall into the same trap again and again – burning up precious equity that could have been used for investing.
Find out more at one of our free Wealthy n’ Wise events
z
THE POWER OF SEPARATING YOUR LIFE FROM YOUR INVESTMENTS One and a half million people in Australia invest in property, only 0.5 per cent get to five properties or more. Why? They don’t keep their personal and investment money separate. I wish I had learned the key to successful investing and stress-free living was to keep these sides quite separate from each other.
{
NOT TO ASSUME A HOME LOAN IS A LONGTERM DEBT I wish I had been taught that a home loan doesn’t have to be a stone around my neck for 25 years, or best case, if I paid weekly or fortnightly, 17 years. What most people don’t know is that handled correctly a mortgage should be paid off in five to seven years just by doing your banking differently.
THINK MONEY $ THINK PROPERTY $ THINK WEALTH
Chris is going to cover each of the 7 things about money over the next 7 editions of Wealthy and Wise. starting with...
Advice
The one thing I always mention is, be careful who you take advice from. And it isn’t just the bad guys you have to worry about. Friends and Family: I see more damage done by family and friends in their effort to ‘protect you’ from making mistakes. They care, but often have only heard horror stories and don’t want to see you make similar mistakes. Banks: Many people go to their bank to find out how to set up their loans, and what they should borrow etc. Unfortunately, it is like asking the mouse where to put the cheese isn’t it. The banks make huge profits by making sure they teach their employees to advise their clients how to do their banking to suit them, to maintain the highest levels of debt for the longest period of time. Think about the person who is behind the counter giving
you advice on how to make money. Consider what he or she earns and owns, and then decide if they are qualified to tell you how to become wealthy. Financial Planners: Now I tread carefully … I was a financial planner for 10 years 1990 – 2000. I was considered a very successful planner, and specialised in retirement planning, so I am not saying this without knowledge and experience. Financial planners are restricted on what they can advise on, and most are unable to give any advice on property. All I will say is during that time I didn’t meet many financial planners who were wealthy…. I will leave it at that. Accountants: Still treading carefully! There are great accountants out there that give great tax advice! But there are also many who really are just bean counters. It isn’t really the industry for excitement and entrepreneurs. So, before you take property advice from an
accountant – other than how to maximize your deductions – ask them how many investment properties they have. If it isn’t many or worse none, be careful about taking property investment advice from them. So before taking advice from anyone, look at who they are and what they have, and if that is where you want to be – take their advice. If they don’t own an investment property – can they advise you on it? If they aren’t wealthy, can they tell you how to be? If you want to know how to become wealthy, or how to build a property portfolio, find someone who has done it and ask their advice, they obviously know how to do it.
Get in touch!
for an app ointment please go online or call o ur office :
thinkmoney
.com.au
Call 07 543
0 4777
The complete e-book is available online at thinkmoney.com.au or Call 07 5430 4777 to get your copy.
goal mapping
“The discipline of writing something down is the first step to making it happen”
lee iacocca
meet Lynn Levitt Prior to becoming the education and training manager for Think Money, Lynn herself was one of our clients. Within a few short months Lynn was reaching her goals of securing her financial future by implementing the strategies that she was coached by Chris Childs and Yaseen Hull (Debt reduction specialist). The process of being able to work out what you want and when you want is not something that comes easily to most people. Through a series of techniques and mostly easy to understand information that is science-based, Lynn couples this with a fun process of writing and drawing your thoughts and ideas to assist you in reaching your desired goals. For Think Money clients the Goal Mapping assists them in achieving the strategy that Chris or Yaseen puts in to place for them. The interesting thing is it is never about the money or the property they are just the tools we use to get what we want, which is often things like freedom, a new business, financial security.
Lynn has successfully delivered Goal Mapping to over 500 people with amazing results. The secret is to take action and follow the steps. What is the point of learning something new and not implementing it? That’s just not something that works with Lynn, she makes you follow through and produce the evidence that you have done so. As a Think Money client you will receive exclusive access to Brian Maynes’s internationally recognised Goal Mapping Program. This includes: • A full 1 Day Goal Mapping Workshop where you will learn the technique, set new goals and begin the journey towards achieving them. At this workshop you will receive a Goal Mapping Workbook with a CD and your own copy of Brian Mayne’s Goal Mapping book. • Access to our regular Goal Mapping forums at Think Money House to keep you on track to achieve your goals. • A one-on-one meeting with Lynn to set action plans in place to achieve your wealth. The one day workshop that Lynn provides will leave you feeling you can most definitely achieve any goal you set for yourself. One of the other most important factors is often we don’t know what we want.
The reason for this is we are always talking about what we don’t want to happen, instead of playing in the land of what is possible. Lynn’s 1 day course will ensure you leave the day with a clear set of goals and quite often not ones that you had believed you wanted!! Setting goals is really very simple it’s just that we are not used to always thinking about what we would like in our lives. It’s a practice that needs to be learned. You need to spend 10 minutes a day thinking about the way you would like your life to be, who you would like in your life, where you would like to work, holidays, as many things as possible that can help you picture your ideal life. It’s the pictures and the feelings that come from our right brain that makes us feel good. Once we put them to paper we can set a ‘to do’ plan and take action and let the left brain assist in moving us closer to our goals. Setting goals around finance and property is so easy and achievable. You just have to have the right tools and mentor. Many of our Think Money clients have used the Goal Mapping to set many other goals in their lives like starting new businesses, going on holidays, spending more time with the family. We have amazing success stories because the fact of the matter is, it never is about the money, it is and always will be about your mindset. What are you doing today to create a strong healthy mindset?
goal mapping - one day WORKSHOP overview uFULL DAY WORKSHOP
“Inspiring! I feel this wo rkshop has come at the right time and can give m e the tool goals and loved it!” s to reach my Eliza O’Keefe.
“This session was amazing. It gave me focus and was fun and easy” Amanda Powell.
ACCESS to ongoing events Check out next goal mapping dates or book your ticket online atthinkmoney.com.au or our lynn on
07 5430 4777
wone on one “Very good, extremely uselful. Lynn is an engaging presenter. She makes it practical and easy to do” Pippa Colman & Associates
FREE EVENT
THINK MONEY $ THINK PROPERTY $ THINK WEALTH
come and learn from the experts at one of our free eventS The areas Chris and Think Money specialise in are: • Fast Debt Reduction – reduce your debt not your lifestyle • Goal Mapping – Get focused on what you want • Why Property – Learn the strategies, structures and solutions to building a self funding property porfolio • Learn how to get 10 properties in 10 years from someone who actually did more. • Business Development – how to create and grow a successful business and have the perfect tools to maintain it
SAVE THE DATE
Think Money ‘Wealthy and Wise’ event Tue 25 February 6pm – 9pm Maroochydore RSL and Events Centre, Memorial Avenue, Maroochydore
Book online - thinkmoney.com.au or call 07 5430 4777
the 7 things
about money I wish I had been taught at school Where to go for advice – ask people WITH money how to make money 01
Credit cards used properly can make you money 02
03 The more organised you are the more money you have
“We came t o Think Mo ney sat down w ith Chris a , nd I just felt li ke a world o f weight had been lifted o ff my should ers.” Caz Klein
04 Make compound interest work for instead of against you and save thousands 05 Debt consolidation can be your best friend or your worst enemy
The power of separating your life from your investments 06
Not to assume a home loan is a long-term debt. 07
you can “With think Money create your dreams ing without compromis your lifestyle.” Grace & Nathan mes Green Earth Ho
Like us on facebook to receive a free Wealth Coaching Session with Chris...
find out more on our website or call us on 07 5430 4777 | www.thinkmoney.com.au