1 00:00:00,560 --> 00:00:05,920 Speaker 1: My friend's investment portfolio just hit one million dollars. She's 2 00:00:05,960 --> 00:00:08,840 Speaker 1: going to share with us exactly how she did it, 3 00:00:09,039 --> 00:00:13,520 Speaker 1: the mindset, the practical strategies, and how she feels about 4 00:00:13,560 --> 00:00:17,760 Speaker 1: her financial future. We're catching up with my friend Michelle 5 00:00:17,800 --> 00:00:36,280 Speaker 1: for episode three. Good morning, everyone, and welcome back to 6 00:00:36,320 --> 00:00:39,960 Speaker 1: Sugar Mama's Fireplay. I am your host financial planner, Canna Campbell, 7 00:00:40,000 --> 00:00:44,600 Speaker 1: and as always, I'm here every Monday morning at five am, Rain, 8 00:00:44,760 --> 00:00:47,080 Speaker 1: Hail or shine to help make sure that you start 9 00:00:47,159 --> 00:00:51,280 Speaker 1: your week off on an inspired, informed, and most importantly 10 00:00:51,479 --> 00:00:53,720 Speaker 1: educated note when it comes to achieving all of those 11 00:00:54,160 --> 00:00:56,440 Speaker 1: very exciting financial goals and dreams. 12 00:00:57,080 --> 00:00:58,720 Speaker 2: This morning were joined with Michelle. 13 00:00:58,760 --> 00:01:01,760 Speaker 1: So this is actually our third catch up with Michelle. 14 00:01:02,120 --> 00:01:06,759 Speaker 1: So in our first episode, Michelle shared the most insightful quote, 15 00:01:07,000 --> 00:01:09,720 Speaker 1: and that is hopefully everyone remembers this. If you can 16 00:01:09,760 --> 00:01:12,800 Speaker 1: afford an iPhone, you can afford to start investing in shares, 17 00:01:13,000 --> 00:01:16,880 Speaker 1: and she was spot on. Then in this second episode 18 00:01:17,200 --> 00:01:19,800 Speaker 1: we Talk, where we chatted with Michelle, she shared with 19 00:01:19,880 --> 00:01:23,200 Speaker 1: us how she had doubled her portfolio in less than 20 00:01:23,440 --> 00:01:27,480 Speaker 1: two and a half years. And in today's episode, she's 21 00:01:27,520 --> 00:01:30,040 Speaker 1: gonna share with us how she's actually pretty much doubled 22 00:01:30,040 --> 00:01:33,640 Speaker 1: her portfolio again. That's right, her portfolio has hit the. 23 00:01:33,720 --> 00:01:35,000 Speaker 2: One million dollar mark. 24 00:01:35,160 --> 00:01:38,520 Speaker 1: So she's going to allow me to pick her brain 25 00:01:38,920 --> 00:01:42,280 Speaker 1: and give us all those insightful important bits of information 26 00:01:42,319 --> 00:01:44,240 Speaker 1: so that we can apply at this in our own 27 00:01:44,640 --> 00:01:48,880 Speaker 1: financial lives. Good morning, Michelle, How are you hi? 28 00:01:49,640 --> 00:01:51,240 Speaker 3: How are you getting now? 29 00:01:51,320 --> 00:01:54,320 Speaker 1: You were previously living in La when we first spoke, 30 00:01:54,360 --> 00:01:56,760 Speaker 1: and then when we met in person, we were in La. 31 00:01:57,280 --> 00:01:58,480 Speaker 2: Where are you living now? 32 00:01:59,160 --> 00:01:59,960 Speaker 3: Phoenix? Aa? Zona? 33 00:02:00,440 --> 00:02:00,680 Speaker 4: Wow? 34 00:02:01,200 --> 00:02:02,960 Speaker 2: And what's the weather like there? Right now? 35 00:02:03,240 --> 00:02:05,200 Speaker 3: It's one hundred and fifteen degrees? 36 00:02:05,600 --> 00:02:09,079 Speaker 1: So how much is that in Celsius? I think it's 37 00:02:09,120 --> 00:02:13,000 Speaker 1: like over forty I think Levy Google because. 38 00:02:12,760 --> 00:02:19,359 Speaker 3: We don't do Celsius. But you know the rest of 39 00:02:18,800 --> 00:02:19,880 Speaker 3: the world. 40 00:02:20,720 --> 00:02:23,040 Speaker 1: Yeah, Well, in Sydney at the moment, it is winter 41 00:02:23,160 --> 00:02:25,840 Speaker 1: and is wet, cold and miserable, and I have to 42 00:02:25,840 --> 00:02:29,720 Speaker 1: say I'm feeling like I'm permanently soggy. But that's not 43 00:02:29,760 --> 00:02:31,480 Speaker 1: too you know. The good thing about I guess winter 44 00:02:31,760 --> 00:02:33,760 Speaker 1: is you get to hypernate it a little bit, and 45 00:02:33,800 --> 00:02:35,520 Speaker 1: I tend to spend it a lot less because I'm 46 00:02:35,560 --> 00:02:39,160 Speaker 1: just more happy filling my soul at home But enough 47 00:02:39,200 --> 00:02:42,560 Speaker 1: about me, I want to ask you about you and 48 00:02:42,639 --> 00:02:47,280 Speaker 1: your financial journey. Now, a massive, massive congratulations because your 49 00:02:47,360 --> 00:02:48,760 Speaker 1: portfolio just hit the. 50 00:02:48,680 --> 00:02:53,160 Speaker 2: One million dollar mark. Can you here with that? It's 51 00:02:53,280 --> 00:02:54,040 Speaker 2: just crazy? 52 00:02:54,520 --> 00:02:57,360 Speaker 1: Can you share with us how it feels to achieve 53 00:02:57,440 --> 00:03:01,440 Speaker 1: this milestone at the age that you all like you're 54 00:03:01,440 --> 00:03:04,440 Speaker 1: not even like halfway through life. 55 00:03:04,639 --> 00:03:05,040 Speaker 3: Yeah. 56 00:03:05,720 --> 00:03:10,320 Speaker 4: I hit it on Thursday, to be exact, So last 57 00:03:11,040 --> 00:03:14,320 Speaker 4: a week ago from yesterday, I hit the mark and 58 00:03:14,680 --> 00:03:19,560 Speaker 4: it was thanks to Broadcom and I was at work 59 00:03:19,840 --> 00:03:22,920 Speaker 4: and I was looking at, you know, the shares for 60 00:03:22,960 --> 00:03:24,919 Speaker 4: the day because I knew that they had big news 61 00:03:25,040 --> 00:03:28,880 Speaker 4: and I was so close. And then I got home 62 00:03:29,360 --> 00:03:33,640 Speaker 4: and then the aftermarket blew up on it. I mean 63 00:03:33,880 --> 00:03:37,920 Speaker 4: it blew up and it went up like two hundred 64 00:03:37,960 --> 00:03:41,040 Speaker 4: and twenty some dollars this year in the aftermarket, and 65 00:03:41,080 --> 00:03:43,320 Speaker 4: it had already been going up all week, and I 66 00:03:43,400 --> 00:03:45,400 Speaker 4: kept saying, let me take some off, let me take 67 00:03:45,400 --> 00:03:47,560 Speaker 4: some off, like no, no, no, no, I know this guy. 68 00:03:47,760 --> 00:03:51,400 Speaker 4: I've been with this one for a long time. Just 69 00:03:51,400 --> 00:03:53,400 Speaker 4: just ride it out just a little bit longer. And 70 00:03:53,960 --> 00:03:56,840 Speaker 4: when it got up to that amount, I took enough 71 00:03:56,960 --> 00:03:59,720 Speaker 4: off the table. And when I did that, and I 72 00:03:59,800 --> 00:04:04,120 Speaker 4: ran and the numbers I had reached, the one million, 73 00:04:04,720 --> 00:04:08,240 Speaker 4: six thousand dollars and sixty cents something like that, and 74 00:04:08,280 --> 00:04:12,600 Speaker 4: I was like screaming up like that screaming, and then 75 00:04:12,800 --> 00:04:15,360 Speaker 4: I called a couple of friends who I could trust 76 00:04:15,400 --> 00:04:18,000 Speaker 4: with it without them saying, oh, can I bar some money? 77 00:04:19,400 --> 00:04:20,240 Speaker 3: So that. 78 00:04:22,560 --> 00:04:24,560 Speaker 4: Was what it felt like, and it was It was 79 00:04:24,680 --> 00:04:27,920 Speaker 4: the weirdest feeling, because it's like I've worked for this 80 00:04:28,560 --> 00:04:31,040 Speaker 4: special number, and I think everybody works for this number. 81 00:04:31,360 --> 00:04:34,200 Speaker 4: And then when it finally happened, it was like, Okay, 82 00:04:34,320 --> 00:04:36,719 Speaker 4: I do feel kind of different. I really do, so 83 00:04:36,839 --> 00:04:40,400 Speaker 4: you do feel different. But then you're like, okay, now 84 00:04:40,440 --> 00:04:42,960 Speaker 4: I know I can't tell everybody, but I want to 85 00:04:43,000 --> 00:04:45,919 Speaker 4: tell everybody. And you want to buy something, but I 86 00:04:45,960 --> 00:04:47,720 Speaker 4: was like, no, no, no, no no, I'll wait to buy 87 00:04:47,760 --> 00:04:50,280 Speaker 4: something when I'm at I don't know, a million and 88 00:04:50,320 --> 00:04:50,679 Speaker 4: a half. 89 00:04:54,120 --> 00:04:57,839 Speaker 1: Yeah, it's quite special because the day where your investment 90 00:04:57,920 --> 00:04:59,600 Speaker 1: portfolioer clapped the. 91 00:04:59,560 --> 00:05:02,320 Speaker 2: One million dola mark, it was actually the. 92 00:05:02,279 --> 00:05:05,960 Speaker 1: Anniversary of your mother's passing, and your mother is actually 93 00:05:06,000 --> 00:05:09,360 Speaker 1: the woman that initially really inspired you to take control 94 00:05:09,400 --> 00:05:10,520 Speaker 1: of your financial. 95 00:05:10,120 --> 00:05:13,200 Speaker 2: Future and to step up. It's so special. 96 00:05:13,600 --> 00:05:16,400 Speaker 3: Yeah, it was, and you know, you saying that it 97 00:05:16,440 --> 00:05:18,200 Speaker 3: did remind me. I was like, cause she was one 98 00:05:18,240 --> 00:05:18,679 Speaker 3: of the people. 99 00:05:18,839 --> 00:05:21,080 Speaker 4: I was like, oh my god, I wish she was 100 00:05:21,200 --> 00:05:24,000 Speaker 4: living because she would have been like, well, it was 101 00:05:24,080 --> 00:05:27,640 Speaker 4: always good with money, because you know, I was I 102 00:05:27,760 --> 00:05:30,760 Speaker 4: was her little calculator when we go to the grocery store. 103 00:05:31,200 --> 00:05:31,400 Speaker 2: You know. 104 00:05:31,520 --> 00:05:34,279 Speaker 4: I would she put some in the car and like, well, okay, 105 00:05:34,320 --> 00:05:36,160 Speaker 4: where am I at? And I would run it in 106 00:05:36,200 --> 00:05:38,200 Speaker 4: my head. I'm like, oh, plus with tax, it will 107 00:05:38,240 --> 00:05:41,200 Speaker 4: be this amount. So I would go to the grocery 108 00:05:41,200 --> 00:05:44,160 Speaker 4: store with her and be the calculator. So she would 109 00:05:44,200 --> 00:05:46,520 Speaker 4: have been very impressed, but she wouldn't have been surprised 110 00:05:46,520 --> 00:05:47,960 Speaker 4: because she always said I was gonna be rich. 111 00:05:48,240 --> 00:05:52,400 Speaker 1: So now, but to ask you a whole pot of 112 00:05:52,400 --> 00:05:55,360 Speaker 1: like practical questions and you know about how you did this, 113 00:05:55,520 --> 00:05:56,880 Speaker 1: and and you know. 114 00:05:56,880 --> 00:05:58,919 Speaker 2: The resources that you use, so a quick you know, 115 00:05:59,279 --> 00:06:01,480 Speaker 2: reminded ever one that all of my. 116 00:06:01,760 --> 00:06:06,360 Speaker 1: Content, in particular my podcast episode is always general in nature, 117 00:06:06,480 --> 00:06:08,760 Speaker 1: and nothing is that a product advice, investment and advice, 118 00:06:08,800 --> 00:06:12,320 Speaker 1: strategic advice. What sort of place is purely obviously for 119 00:06:12,360 --> 00:06:17,120 Speaker 1: everyone's educational purposes only. But I've got to ask you 120 00:06:17,120 --> 00:06:22,200 Speaker 1: your mindset is phenomenal. You are like constantly motivated and driven, 121 00:06:22,240 --> 00:06:26,960 Speaker 1: and you have this amazing like sense of focus. Can 122 00:06:27,000 --> 00:06:30,039 Speaker 1: you share a little bit about your mindset but also 123 00:06:30,200 --> 00:06:34,000 Speaker 1: like how it has maybe evolved over time and influence 124 00:06:34,080 --> 00:06:35,320 Speaker 1: your investor decisions. 125 00:06:35,520 --> 00:06:38,400 Speaker 4: Well, you know, it's funny you see that, But most 126 00:06:38,440 --> 00:06:41,720 Speaker 4: of the time I'm focused on a goal. But I'm 127 00:06:41,760 --> 00:06:45,520 Speaker 4: not so much focused all the time because I will 128 00:06:45,560 --> 00:06:47,720 Speaker 4: get down a lot because I'm like, you know, I 129 00:06:47,800 --> 00:06:51,479 Speaker 4: see people half my age, like in their twenties saying 130 00:06:51,520 --> 00:06:54,080 Speaker 4: they did this and that. I'm like, Okay, I'm doing 131 00:06:54,120 --> 00:06:58,280 Speaker 4: everything right. Why didn't I get there? So sometimes that 132 00:06:58,400 --> 00:07:02,400 Speaker 4: motivates me when I see somebody much younger that you know, 133 00:07:02,600 --> 00:07:05,159 Speaker 4: doesn't have like how do I want to put it? 134 00:07:05,200 --> 00:07:06,800 Speaker 4: You know, like some of these kids are coming out 135 00:07:06,839 --> 00:07:10,360 Speaker 4: of college right now, making, especially if they're in tech, 136 00:07:10,480 --> 00:07:13,520 Speaker 4: making like six figures, you know, lots of money, and 137 00:07:13,520 --> 00:07:15,600 Speaker 4: they're able to do a lot of things with that. 138 00:07:16,040 --> 00:07:19,040 Speaker 4: For me, it's just changed over time that I've just 139 00:07:19,120 --> 00:07:22,160 Speaker 4: become more comfortable in the fact that when I say 140 00:07:22,160 --> 00:07:25,040 Speaker 4: I'm going to buy something and I research it, I 141 00:07:25,640 --> 00:07:28,200 Speaker 4: trust my own judgment, whereas before I didn't trust my 142 00:07:28,200 --> 00:07:28,800 Speaker 4: own judgment. 143 00:07:29,000 --> 00:07:30,760 Speaker 3: I literally bought what other people bought. 144 00:07:30,840 --> 00:07:33,040 Speaker 4: I bought what I knew, and I think I remember 145 00:07:33,120 --> 00:07:34,480 Speaker 4: telling you everything I bought. 146 00:07:34,520 --> 00:07:37,520 Speaker 3: I always bought what I knew, and I love dividends. 147 00:07:37,640 --> 00:07:40,960 Speaker 4: But now I'm buying stuff I don't know because now 148 00:07:41,040 --> 00:07:44,680 Speaker 4: I've become so seasoned that I'm really comfortable, you know, 149 00:07:44,920 --> 00:07:46,160 Speaker 4: thinking outside the box. 150 00:07:46,640 --> 00:07:47,440 Speaker 3: So that's how. 151 00:07:48,200 --> 00:07:51,840 Speaker 1: Yeah, when you're having those days where you feel flat thinking, 152 00:07:51,880 --> 00:07:54,760 Speaker 1: you know, there's this you know guy or girl like 153 00:07:54,840 --> 00:07:57,559 Speaker 1: half my age earning you know, one hundred and twenty 154 00:07:57,560 --> 00:08:00,760 Speaker 1: thousand dollars a year. You know, how do you like 155 00:08:01,120 --> 00:08:05,040 Speaker 1: deal with that feeling? Because I don't have a believe 156 00:08:05,080 --> 00:08:07,120 Speaker 1: in comparing yourself. But I think that's like a bottomless pit. 157 00:08:07,240 --> 00:08:10,160 Speaker 1: But you know how for people who do that, like you, 158 00:08:11,000 --> 00:08:13,480 Speaker 1: how do you get out of that hole? 159 00:08:13,880 --> 00:08:14,080 Speaker 3: Oh? 160 00:08:14,200 --> 00:08:17,600 Speaker 4: Good question. I get out of it by helping other people. 161 00:08:18,200 --> 00:08:21,080 Speaker 4: Like I'm if I'm you know, on a bene and 162 00:08:21,120 --> 00:08:23,720 Speaker 4: I'm watching these YouTube videos and they're telling this and that. 163 00:08:24,640 --> 00:08:27,120 Speaker 4: I mean, you could get so down and so depressed 164 00:08:27,160 --> 00:08:28,560 Speaker 4: you're like, you know what, I'm not gonna watch it, 165 00:08:28,600 --> 00:08:31,240 Speaker 4: and then I'll look at my portfolio. I'll literally go 166 00:08:31,280 --> 00:08:33,120 Speaker 4: online and look at it. I'm like, I've got a 167 00:08:33,120 --> 00:08:35,640 Speaker 4: lot of money here, what is wrong with me? So 168 00:08:35,760 --> 00:08:39,520 Speaker 4: then when I do, I'm like, if I'm feeling sorry 169 00:08:39,520 --> 00:08:42,400 Speaker 4: for myself yet there's some people who would just love 170 00:08:42,440 --> 00:08:45,559 Speaker 4: to have a thousand dollars during the day rams and 171 00:08:45,640 --> 00:08:47,840 Speaker 4: you know, have a thousand dollars in your things account, 172 00:08:48,120 --> 00:08:51,280 Speaker 4: whereas I have enough to I don't know, to feed 173 00:08:51,280 --> 00:08:54,400 Speaker 4: a small village in Africa or something. So I'm like, okay, 174 00:08:54,800 --> 00:08:57,320 Speaker 4: you gotta stop watching this stuff. So I'll stop watching 175 00:08:57,360 --> 00:08:59,400 Speaker 4: it for a while and I'll go out and I'll 176 00:08:59,440 --> 00:09:03,840 Speaker 4: help somebody. And I do that by just introducing people like, 177 00:09:03,920 --> 00:09:05,880 Speaker 4: you know, like, hey, you know, have you ever thought 178 00:09:05,880 --> 00:09:07,920 Speaker 4: about like retiring anytime soon? 179 00:09:08,040 --> 00:09:09,480 Speaker 3: Or do you like your job? 180 00:09:09,600 --> 00:09:11,240 Speaker 4: And you know, I did this with a neighbor two 181 00:09:11,280 --> 00:09:14,440 Speaker 4: doors down for me who will become you know, good friends. 182 00:09:14,480 --> 00:09:16,040 Speaker 3: And they started investing. 183 00:09:16,800 --> 00:09:21,760 Speaker 4: And so we've been doing one hour classes twice a 184 00:09:21,800 --> 00:09:24,240 Speaker 4: week where I'll go over there and we'll just sit 185 00:09:24,280 --> 00:09:27,840 Speaker 4: there and I go over like, you know, how to 186 00:09:27,880 --> 00:09:30,120 Speaker 4: look at this, how to look at read the numbers, 187 00:09:31,240 --> 00:09:32,280 Speaker 4: decide what you want. 188 00:09:32,360 --> 00:09:33,920 Speaker 3: And so they finally did. 189 00:09:33,960 --> 00:09:37,080 Speaker 4: We did this for about two months and now they 190 00:09:37,160 --> 00:09:41,280 Speaker 4: have got their their portfolio started. 191 00:09:40,960 --> 00:09:42,440 Speaker 3: And they've got a few shares. 192 00:09:42,600 --> 00:09:45,400 Speaker 4: And the first thing I told them, now, Okay, you 193 00:09:45,440 --> 00:09:47,920 Speaker 4: can look at the market every day, but do not 194 00:09:48,080 --> 00:09:51,280 Speaker 4: keep buying every day and don't sell every state. Just 195 00:09:51,720 --> 00:09:54,280 Speaker 4: trust what you bought and ride out the storm. And 196 00:09:54,320 --> 00:09:58,160 Speaker 4: so that's what I do. When I'm you know, comparing 197 00:09:58,600 --> 00:10:01,280 Speaker 4: apples to oranges, I just go and find somebody who's 198 00:10:01,640 --> 00:10:02,760 Speaker 4: has done as well as I have. 199 00:10:03,120 --> 00:10:05,400 Speaker 1: I think it's so important, you know, that sense of 200 00:10:05,440 --> 00:10:08,800 Speaker 1: gratitude of just taking pressing pause and looking at actually 201 00:10:09,080 --> 00:10:11,960 Speaker 1: how much we've got already, and we have everything we 202 00:10:12,040 --> 00:10:15,040 Speaker 1: need to in the moment right now to exceed and 203 00:10:15,080 --> 00:10:18,440 Speaker 1: progress ahead, and then that moment to actually stop and 204 00:10:18,480 --> 00:10:22,480 Speaker 1: look at how far you've come. It's a great mindset switch, 205 00:10:22,640 --> 00:10:25,320 Speaker 1: you know, if you're feeling you know, down in the dumps, 206 00:10:25,320 --> 00:10:29,120 Speaker 1: to like, you know, stab yourself and pull yourself out 207 00:10:29,200 --> 00:10:32,360 Speaker 1: of it. Now when it comes to like the balance 208 00:10:32,400 --> 00:10:34,560 Speaker 1: in life, like a lot of people think, if you 209 00:10:34,600 --> 00:10:37,320 Speaker 1: want to build wealth, you have to deprive yourself. There 210 00:10:37,360 --> 00:10:41,120 Speaker 1: are huge sacrifices, you know. It's about you know, living 211 00:10:41,720 --> 00:10:46,400 Speaker 1: a frugal life filled with deprivation. Like I totally disagree 212 00:10:46,440 --> 00:10:48,680 Speaker 1: with that I'm all about balance. And I know from 213 00:10:48,679 --> 00:10:51,080 Speaker 1: when we were caught up in La like we had 214 00:10:51,120 --> 00:10:55,000 Speaker 1: a great laugh about our love of you know, beautiful handbags. 215 00:10:54,480 --> 00:10:58,840 Speaker 2: For example, Like how do you find the balance? 216 00:10:58,960 --> 00:11:01,160 Speaker 1: Like have you you found on that sweet spot where 217 00:11:01,200 --> 00:11:05,000 Speaker 1: you balance in your financial goals and being responsible with money, 218 00:11:05,080 --> 00:11:06,800 Speaker 1: but also are allowing yourselves to have a couple of 219 00:11:06,840 --> 00:11:07,959 Speaker 1: spudgets here and there. 220 00:11:08,280 --> 00:11:10,920 Speaker 4: You know what, you're right because I used to be frugal, 221 00:11:11,280 --> 00:11:14,440 Speaker 4: Like when I was younger, I was very frugal. But 222 00:11:14,920 --> 00:11:16,680 Speaker 4: my mother used to tell me all the time because 223 00:11:16,720 --> 00:11:19,800 Speaker 4: her father used to tell her she doesn't wear well. 224 00:11:20,080 --> 00:11:23,640 Speaker 4: So she would, you know, even lay five kids. She 225 00:11:23,679 --> 00:11:27,559 Speaker 4: would never like buy like really cheat clothes. She would 226 00:11:27,800 --> 00:11:30,600 Speaker 4: she loves I wouldn't say so much name brand, but 227 00:11:31,000 --> 00:11:33,960 Speaker 4: they were always high quality clothes. So sometimes they would 228 00:11:34,040 --> 00:11:38,040 Speaker 4: be but she always said quality last. And so when 229 00:11:38,240 --> 00:11:41,839 Speaker 4: you see yourself doing really well and you're paying your 230 00:11:41,840 --> 00:11:43,200 Speaker 4: bills all on time, you. 231 00:11:43,120 --> 00:11:44,680 Speaker 3: Have that extra little cash. 232 00:11:44,800 --> 00:11:48,240 Speaker 4: I've put money in my emergency fund, I've put money 233 00:11:48,280 --> 00:11:51,000 Speaker 4: in the market, and then if I come into a 234 00:11:51,000 --> 00:11:53,240 Speaker 4: couple of more hundred bucks, I'm like, you know what 235 00:11:53,840 --> 00:11:56,559 Speaker 4: I've earned it, I'm going to enjoy it and it 236 00:11:56,640 --> 00:11:59,160 Speaker 4: is a happy balance. And I found that the more 237 00:11:59,240 --> 00:12:02,320 Speaker 4: I've enjoyed the money that I have, the more I get. 238 00:12:02,880 --> 00:12:05,200 Speaker 2: I know it sounds right, I know it doesn't. 239 00:12:05,280 --> 00:12:08,280 Speaker 1: It doesn't sound crazy at all, I think, but it's that, 240 00:12:08,720 --> 00:12:11,000 Speaker 1: you know what that is is, it's gratitude and what 241 00:12:11,040 --> 00:12:15,640 Speaker 1: we appreciate, appreciates and pressing pools to acknowledge how nice 242 00:12:15,679 --> 00:12:19,000 Speaker 1: it feels to you know, come from a place of 243 00:12:19,080 --> 00:12:22,240 Speaker 1: self love and self respect. By prioritizing our financial wellbeing, 244 00:12:22,640 --> 00:12:26,520 Speaker 1: we can then reward ourselves in a very healthy way 245 00:12:26,559 --> 00:12:28,960 Speaker 1: which is filled with self love and self respect, and 246 00:12:29,040 --> 00:12:31,240 Speaker 1: do it so guilt free because we've got our priorities 247 00:12:31,280 --> 00:12:32,080 Speaker 1: in the right order. 248 00:12:32,400 --> 00:12:32,760 Speaker 3: Yeah. 249 00:12:32,880 --> 00:12:36,200 Speaker 4: And I've started to donate more so, like I said, 250 00:12:36,200 --> 00:12:38,080 Speaker 4: I've started to do stuff that I've wanted to do 251 00:12:38,120 --> 00:12:41,200 Speaker 4: a long time, like tied to my church. Also give 252 00:12:41,280 --> 00:12:45,200 Speaker 4: to charitable organizations. I've gotten two of them that I like. 253 00:12:45,720 --> 00:12:46,920 Speaker 3: One is Project. 254 00:12:46,520 --> 00:12:48,840 Speaker 4: Forty seven and another one I think you guys probably 255 00:12:48,840 --> 00:12:51,079 Speaker 4: have heard of a lot is Wounded Warriors. 256 00:12:51,559 --> 00:12:52,680 Speaker 3: So I don't get to that. 257 00:12:53,720 --> 00:12:57,920 Speaker 4: And I gotta tell you, Hannah, I enjoy donating more 258 00:12:57,960 --> 00:13:01,720 Speaker 4: than now I'm buying stuff. Something I never thought would 259 00:13:01,720 --> 00:13:05,959 Speaker 4: come out of my mouth, but they say, when you're 260 00:13:06,000 --> 00:13:09,000 Speaker 4: a happy giver, things come back to you tenfold. 261 00:13:09,080 --> 00:13:09,959 Speaker 3: And it really does. 262 00:13:10,400 --> 00:13:13,640 Speaker 4: You get the satisfaction point that your hard work and 263 00:13:13,720 --> 00:13:17,800 Speaker 4: you're building your financial freedom is helping others pour down 264 00:13:17,840 --> 00:13:19,000 Speaker 4: on their luck at the moment. 265 00:13:19,200 --> 00:13:22,440 Speaker 2: And you know, it compacts me with good karma. 266 00:13:22,480 --> 00:13:26,400 Speaker 1: Oh, I couldn't agree more. I run this group. It's 267 00:13:26,400 --> 00:13:30,199 Speaker 1: called the Money Mindset Manifestation Program, and it's a special 268 00:13:30,200 --> 00:13:34,040 Speaker 1: community that people can join and and I am available 269 00:13:34,120 --> 00:13:36,679 Speaker 1: literally twenty four to seven. And the other day someone 270 00:13:36,720 --> 00:13:39,360 Speaker 1: messaged me and said, hey, something's happened, Like I'm feeling 271 00:13:39,360 --> 00:13:39,760 Speaker 1: a bit. 272 00:13:39,600 --> 00:13:41,320 Speaker 2: Flat, a bit confused, you know. 273 00:13:41,679 --> 00:13:44,560 Speaker 1: And I spent like, you know, I think forty minutes 274 00:13:44,640 --> 00:13:47,160 Speaker 1: chatting with this person, working through the stuff that was 275 00:13:47,200 --> 00:13:49,800 Speaker 1: going and helping them see what was the blessing behind. 276 00:13:49,920 --> 00:13:55,720 Speaker 1: And it was the most fulfilling, like enjoyable experience, like 277 00:13:55,840 --> 00:13:59,400 Speaker 1: connecting with someone, helping someone allow like peeling back the 278 00:13:59,480 --> 00:14:03,120 Speaker 1: layers to the brainstorming together. It just I you know, 279 00:14:03,520 --> 00:14:05,520 Speaker 1: before that morning, I was feeling a little bit tired 280 00:14:05,520 --> 00:14:07,280 Speaker 1: and flat, and by the time I got off that call, 281 00:14:07,360 --> 00:14:10,880 Speaker 1: I just felt like I was just buzzing with passion, 282 00:14:11,080 --> 00:14:13,680 Speaker 1: with love, with happiness. You know, I think the key 283 00:14:13,720 --> 00:14:17,320 Speaker 1: to happiness is being able to help other people and 284 00:14:17,400 --> 00:14:21,400 Speaker 1: help other people unconditionally. So yeah, I completely agree with 285 00:14:21,440 --> 00:14:26,880 Speaker 1: everything you're saying. For listeners who are really keen to 286 00:14:26,920 --> 00:14:32,840 Speaker 1: get started, what advice could you give them to help 287 00:14:32,920 --> 00:14:36,040 Speaker 1: make sure that they pushed through that feeling of analysis paralysis, 288 00:14:36,160 --> 00:14:39,440 Speaker 1: or that feeling of overwhelmed or not even sure where 289 00:14:39,480 --> 00:14:42,520 Speaker 1: to get started. What would be you know, the advice 290 00:14:42,560 --> 00:14:44,800 Speaker 1: you'd be to me if I was your neighbor next 291 00:14:44,800 --> 00:14:45,960 Speaker 1: door wanting to begin. 292 00:14:46,240 --> 00:14:49,480 Speaker 4: Okay, So what I told them because they wanted to 293 00:14:49,560 --> 00:14:53,400 Speaker 4: literally buy the same things I buy. And you know, 294 00:14:53,760 --> 00:14:57,760 Speaker 4: recently I bought some of chipotlets and things like that, 295 00:14:58,120 --> 00:15:01,160 Speaker 4: and those are in the dollar range. 296 00:15:01,280 --> 00:15:02,120 Speaker 3: I told them, I. 297 00:15:02,040 --> 00:15:05,240 Speaker 4: Said, you shouldn't start that high. I said, trust me, 298 00:15:05,240 --> 00:15:07,360 Speaker 4: I've been doing this a long time. And I said, 299 00:15:07,480 --> 00:15:11,080 Speaker 4: and when I first started, I didn't buy anything more 300 00:15:11,120 --> 00:15:13,240 Speaker 4: than like twenty five thirty forty dollars. 301 00:15:13,240 --> 00:15:14,760 Speaker 3: And I said that was too much for me. 302 00:15:15,160 --> 00:15:18,440 Speaker 4: I said, so don't try to start at the same 303 00:15:18,520 --> 00:15:22,720 Speaker 4: pace as somebody else, because then you'll get you'll get down, 304 00:15:22,800 --> 00:15:24,280 Speaker 4: you'll get the scrunt on and you're like, oh, I 305 00:15:24,320 --> 00:15:26,840 Speaker 4: can't do it. I said buy, I said pick a 306 00:15:26,880 --> 00:15:30,480 Speaker 4: dollar amount, stick with that amount, find ways to cut 307 00:15:30,520 --> 00:15:33,800 Speaker 4: your budget to just get that amount each month, and 308 00:15:33,840 --> 00:15:34,800 Speaker 4: stay consistent. 309 00:15:35,040 --> 00:15:36,320 Speaker 3: That will make you feel better. 310 00:15:36,880 --> 00:15:40,360 Speaker 4: You won't see it growing too much for like a 311 00:15:40,400 --> 00:15:42,920 Speaker 4: two or three months or something like that. But just 312 00:15:43,040 --> 00:15:45,960 Speaker 4: stick with it. Trust me when I tell you the 313 00:15:46,080 --> 00:15:48,000 Speaker 4: turtle that me here. 314 00:15:48,400 --> 00:15:52,560 Speaker 1: Yeah, it's it's better to start with something that's actually achievable, 315 00:15:52,680 --> 00:15:54,440 Speaker 1: and you've got to be so patient. And this is 316 00:15:54,480 --> 00:15:57,240 Speaker 1: what I love about one thousand dollars project. You know, 317 00:15:57,320 --> 00:16:00,440 Speaker 1: it's you're just focusing on one thousand dollars. Get about 318 00:16:00,440 --> 00:16:03,000 Speaker 1: the million dollar dreams and goals. I mean, they're great 319 00:16:03,000 --> 00:16:04,400 Speaker 1: to have, but just focus on what you can do 320 00:16:04,480 --> 00:16:06,840 Speaker 1: today to get started. If it's one hundred dollars or 321 00:16:06,880 --> 00:16:09,680 Speaker 1: five hundred dollars, that's still great, but you can once 322 00:16:09,720 --> 00:16:12,120 Speaker 1: you get started, the only way is up from there, 323 00:16:12,120 --> 00:16:15,200 Speaker 1: and you can. You know, if thousand dollars feels overwhelming, 324 00:16:15,440 --> 00:16:17,920 Speaker 1: try and do the five hundred dollars project. And you know, 325 00:16:18,840 --> 00:16:21,920 Speaker 1: my portfolio hasn't done as well as yours. Like I 326 00:16:21,920 --> 00:16:24,920 Speaker 1: think I'm up to about two hundred and eighty five 327 00:16:25,040 --> 00:16:27,640 Speaker 1: thousand dollars for the thousand dollars project, which I've built 328 00:16:27,680 --> 00:16:30,400 Speaker 1: over eight years or eight and a half years, which 329 00:16:30,400 --> 00:16:33,280 Speaker 1: is I'm really proud of it, and it makes about 330 00:16:33,320 --> 00:16:36,080 Speaker 1: a passive income of over sixteen thousand dollars a year 331 00:16:36,120 --> 00:16:39,760 Speaker 1: and dividends. But you know, I all I ever do 332 00:16:39,880 --> 00:16:43,480 Speaker 1: is for me, like the thousand dollars projects about small 333 00:16:43,520 --> 00:16:44,200 Speaker 1: baby steps. 334 00:16:44,280 --> 00:16:46,080 Speaker 2: But you know, if you can do a. 335 00:16:45,960 --> 00:16:48,480 Speaker 1: Little bit every day or every week or every month 336 00:16:48,960 --> 00:16:51,640 Speaker 1: over the period of time, like, it's incredible what it 337 00:16:51,720 --> 00:16:54,000 Speaker 1: can do. And I think people would sort of turn 338 00:16:54,040 --> 00:16:55,680 Speaker 1: their nose up, thinking, well, why would I bother with 339 00:16:55,760 --> 00:16:57,800 Speaker 1: something such a small amount of money, But they don't 340 00:16:57,840 --> 00:17:01,480 Speaker 1: realize that's the birthplace of your journey and it's it's 341 00:17:01,480 --> 00:17:02,840 Speaker 1: incredible how quickly. 342 00:17:02,520 --> 00:17:03,160 Speaker 2: That adds up. 343 00:17:03,680 --> 00:17:08,840 Speaker 4: You know, your thousand dollars project when I started now, 344 00:17:09,040 --> 00:17:12,719 Speaker 4: granted I want people to remember too. My portfolio is 345 00:17:12,760 --> 00:17:15,119 Speaker 4: also from when if I switched a job and I 346 00:17:15,240 --> 00:17:19,320 Speaker 4: rolled over my retirement funds, like my irais and stuff 347 00:17:19,760 --> 00:17:21,959 Speaker 4: that were like in mutual funds, and they you know, 348 00:17:22,200 --> 00:17:25,080 Speaker 4: once you leave a company, you get the money and 349 00:17:25,280 --> 00:17:27,160 Speaker 4: you have to roll it over. So when I roll 350 00:17:27,200 --> 00:17:29,880 Speaker 4: it over. I roll it over and I buy stocks 351 00:17:29,880 --> 00:17:33,600 Speaker 4: with it. So that's how it grew a lot faster. 352 00:17:33,680 --> 00:17:36,800 Speaker 4: As well as for your thousand dollars projects, I love 353 00:17:36,880 --> 00:17:40,240 Speaker 4: that book. I love the concept. I couldn't afford a 354 00:17:40,280 --> 00:17:43,080 Speaker 4: thousand at a time because I can't hustle as hard 355 00:17:43,400 --> 00:17:44,840 Speaker 4: to come up with a thousand, so. 356 00:17:45,000 --> 00:17:47,919 Speaker 3: I would use working money. 357 00:17:48,240 --> 00:17:50,760 Speaker 4: But I have told people about that, and I also 358 00:17:50,920 --> 00:17:55,120 Speaker 4: let them borrow your your second book, The Money Mindset 359 00:17:55,200 --> 00:17:57,320 Speaker 4: one so mindful, so I gave that. 360 00:17:57,320 --> 00:17:58,560 Speaker 2: To the mindfuls. 361 00:17:59,600 --> 00:18:02,360 Speaker 4: I'm gonna yeah, and I told him, I said, Okay, 362 00:18:02,440 --> 00:18:04,080 Speaker 4: you got a couple more weeks and then I want 363 00:18:04,160 --> 00:18:05,440 Speaker 4: it back. 364 00:18:07,119 --> 00:18:07,920 Speaker 3: I may get them that. 365 00:18:08,080 --> 00:18:11,000 Speaker 4: I may buy it for them for Christmas, because yeah, 366 00:18:11,040 --> 00:18:12,880 Speaker 4: I just it's something that you can always go back 367 00:18:12,880 --> 00:18:16,760 Speaker 4: and look at and read. But yeah, the thousand project 368 00:18:17,000 --> 00:18:18,919 Speaker 4: is it's tougher than it sound. 369 00:18:19,160 --> 00:18:22,520 Speaker 3: And I think one of your readers even. 370 00:18:22,320 --> 00:18:24,239 Speaker 4: Like cut it in half or she did like one 371 00:18:24,320 --> 00:18:26,679 Speaker 4: hundred dollars project, so they could do that. 372 00:18:27,240 --> 00:18:30,080 Speaker 1: So it's yeah, you know, someone did the ten thousand 373 00:18:30,119 --> 00:18:33,200 Speaker 1: dollars project. They messaged me they were working in passes 374 00:18:33,240 --> 00:18:34,080 Speaker 1: of ten thousand dollars. 375 00:18:34,160 --> 00:18:36,040 Speaker 2: I was like wow, oh my gosh. 376 00:18:36,280 --> 00:18:38,520 Speaker 1: But you know, the funny thing is that I've been 377 00:18:38,560 --> 00:18:40,520 Speaker 1: doing it for eight years. But the truth is, over 378 00:18:40,560 --> 00:18:44,000 Speaker 1: the last four years, I haven't really added anything to 379 00:18:44,040 --> 00:18:48,520 Speaker 1: the portfolio. I've really just been like, I haven't added 380 00:18:48,920 --> 00:18:51,119 Speaker 1: really much owing the last probably six months. 381 00:18:51,160 --> 00:18:52,960 Speaker 2: I've been chipping away at the marginal and. 382 00:18:52,960 --> 00:18:56,679 Speaker 1: There's a very small marginalone that's reducing and I've been 383 00:18:56,760 --> 00:18:58,680 Speaker 1: sort of paying that off. But I haven't actually added 384 00:18:58,720 --> 00:19:02,240 Speaker 1: anything really to the portfolio portfolio for the last four years. 385 00:19:02,280 --> 00:19:05,959 Speaker 2: So you know, it actually could have been much much bigger. 386 00:19:06,000 --> 00:19:08,240 Speaker 1: But the beautiful thing about the thousand dollar project is 387 00:19:08,440 --> 00:19:10,679 Speaker 1: it rolls with you because you know, for me, the 388 00:19:10,720 --> 00:19:13,840 Speaker 1: last four years, I've had two babies, and we've moved 389 00:19:13,840 --> 00:19:18,120 Speaker 1: house like twice, we've moved out twice, so I've had, 390 00:19:18,160 --> 00:19:20,800 Speaker 1: you know, additional distractions and expenses to deal with. So 391 00:19:20,840 --> 00:19:22,760 Speaker 1: I haven't been able to put you know, my heart 392 00:19:22,800 --> 00:19:25,000 Speaker 1: and soul like I had for the first four years 393 00:19:25,000 --> 00:19:26,119 Speaker 1: of the thousand dollar project. 394 00:19:26,200 --> 00:19:29,400 Speaker 2: So but I doesn't. That's the whole thing is it's fluid. 395 00:19:29,520 --> 00:19:31,560 Speaker 2: It works with you, it volves with you, and you. 396 00:19:31,480 --> 00:19:33,639 Speaker 1: Know, this year I'm looking at paying off the thousand 397 00:19:33,680 --> 00:19:36,120 Speaker 1: dollar project margin loan, which is down to about thirty 398 00:19:36,200 --> 00:19:39,119 Speaker 1: nine thousand, and I'm going to look at switching it 399 00:19:39,160 --> 00:19:41,359 Speaker 1: into a debt recycling strategy. And my goal is now 400 00:19:41,400 --> 00:19:43,600 Speaker 1: to turn it into a million dollar share portfolio like 401 00:19:44,160 --> 00:19:47,480 Speaker 1: you've done. So you know, it's you don't have to 402 00:19:47,480 --> 00:19:48,920 Speaker 1: be constantly committed to it. 403 00:19:49,000 --> 00:19:49,280 Speaker 2: You can. 404 00:19:49,440 --> 00:19:51,720 Speaker 1: You know, investing can evolve with you depending on what's 405 00:19:51,760 --> 00:19:53,880 Speaker 1: going on in your life. Now I need to ask 406 00:19:53,880 --> 00:19:56,720 Speaker 1: you an important question. What would you say is the 407 00:19:56,760 --> 00:20:00,880 Speaker 1: biggest lesson that you've learned along the way of building 408 00:20:00,920 --> 00:20:03,439 Speaker 1: up this million dollar investment portfolio that you wish you 409 00:20:03,480 --> 00:20:06,160 Speaker 1: had known before you got had gotten started? 410 00:20:06,600 --> 00:20:09,320 Speaker 4: What I learned? I took too long to do it. 411 00:20:09,400 --> 00:20:13,480 Speaker 4: That's the one thing I learned. You said you didn't 412 00:20:13,480 --> 00:20:16,879 Speaker 4: put more money in. I haven't added more money to 413 00:20:17,000 --> 00:20:22,439 Speaker 4: this account since last year. What I put two thousand 414 00:20:22,520 --> 00:20:22,959 Speaker 4: dollars in? 415 00:20:23,600 --> 00:20:23,959 Speaker 2: Wow? 416 00:20:24,400 --> 00:20:26,920 Speaker 1: Yeah, this is the power of compounding interest. Because you've 417 00:20:26,920 --> 00:20:29,159 Speaker 1: been in you know, And this is why it's so 418 00:20:29,200 --> 00:20:32,719 Speaker 1: important as an investor. If you're investing in in stocks, 419 00:20:32,920 --> 00:20:36,840 Speaker 1: you know it's a long term real investment horizon. And 420 00:20:36,880 --> 00:20:39,800 Speaker 1: when I say long term, it's ten, fifteen, twenty years 421 00:20:39,800 --> 00:20:41,880 Speaker 1: and I know for me, it's indefinite because I never 422 00:20:41,880 --> 00:20:42,960 Speaker 1: intended selling my stocks. 423 00:20:42,960 --> 00:20:44,760 Speaker 2: They'll be cutting off my passive income stream. 424 00:20:44,800 --> 00:20:47,320 Speaker 1: But you know, people will get they want to be 425 00:20:47,720 --> 00:20:51,240 Speaker 1: they want to get rich overnight, and that look, it 426 00:20:51,320 --> 00:20:55,000 Speaker 1: can happen, but at huge risk and at humorge risk 427 00:20:55,080 --> 00:20:58,640 Speaker 1: of things potentially backfiring, going wrong, and filling a life 428 00:20:58,640 --> 00:21:02,800 Speaker 1: with regret. I'd rather plays you said that it's the 429 00:21:02,840 --> 00:21:10,199 Speaker 1: head and the you know, I would rather something allows 430 00:21:10,240 --> 00:21:13,199 Speaker 1: balance in my life and allow me to build wise, intelligent, 431 00:21:13,760 --> 00:21:16,960 Speaker 1: tax effective, you know, passive income than some sort of 432 00:21:17,320 --> 00:21:18,240 Speaker 1: form of gambling. 433 00:21:18,359 --> 00:21:20,000 Speaker 2: Really yeah, And a lot. 434 00:21:19,840 --> 00:21:22,000 Speaker 4: Of people think this is gambling, but I'm like, it's 435 00:21:22,080 --> 00:21:26,399 Speaker 4: not because you see the stores you go into, you 436 00:21:26,640 --> 00:21:29,240 Speaker 4: know whether they're doing bad or they're doing good. You 437 00:21:29,240 --> 00:21:31,840 Speaker 4: can see the foot traffic and you can see when 438 00:21:31,880 --> 00:21:34,119 Speaker 4: it's probably time to get out if you bought something 439 00:21:34,200 --> 00:21:36,880 Speaker 4: like in one of these retail stores or something like that. 440 00:21:37,080 --> 00:21:40,159 Speaker 4: So I said, that's not gambling, that's just you know, 441 00:21:40,680 --> 00:21:43,160 Speaker 4: you see it and you're just taking advantage of it. 442 00:21:44,520 --> 00:21:48,440 Speaker 4: I've also learned that I have literally made more money, 443 00:21:48,680 --> 00:21:52,439 Speaker 4: like right now this moment, I've made well, today was 444 00:21:52,800 --> 00:21:54,760 Speaker 4: not a great day and yesterday was a great day. 445 00:21:54,760 --> 00:21:56,800 Speaker 4: But if I took those two days off the table, 446 00:21:57,320 --> 00:22:00,920 Speaker 4: I still may double what my salary will be at 447 00:22:00,960 --> 00:22:01,840 Speaker 4: the end of the year. 448 00:22:02,320 --> 00:22:04,120 Speaker 3: And it's only six months. 449 00:22:04,359 --> 00:22:07,640 Speaker 4: And if I would have known that so many years ago, 450 00:22:07,680 --> 00:22:10,880 Speaker 4: that you know, your soldiers out there working for you 451 00:22:11,040 --> 00:22:13,359 Speaker 4: would do it because you I feel like I'm a 452 00:22:13,480 --> 00:22:17,240 Speaker 4: CEO of my portfolio and all of my worker bees 453 00:22:17,240 --> 00:22:18,439 Speaker 4: are sitting here working for me. 454 00:22:18,560 --> 00:22:19,560 Speaker 3: I'm not doing. 455 00:22:19,320 --> 00:22:23,560 Speaker 4: Anything contributing to making it happen except for moving money 456 00:22:23,560 --> 00:22:26,560 Speaker 4: from here to there. If I sell something that's gone 457 00:22:26,600 --> 00:22:29,119 Speaker 4: up really high, you know, such as in a video 458 00:22:29,200 --> 00:22:31,679 Speaker 4: or something when that split happened, you know, and you 459 00:22:31,800 --> 00:22:33,600 Speaker 4: have you know, I had one hundred chairs, now I 460 00:22:33,600 --> 00:22:35,880 Speaker 4: have a thousand. I knew I didn't want that many 461 00:22:36,040 --> 00:22:37,200 Speaker 4: of that stock, so. 462 00:22:37,160 --> 00:22:39,520 Speaker 3: I took some off the table. But when I take 463 00:22:39,560 --> 00:22:40,920 Speaker 3: something off the table. 464 00:22:41,000 --> 00:22:44,320 Speaker 4: I buy stocks like I bought more of you know, 465 00:22:44,320 --> 00:22:47,480 Speaker 4: I don't mind saying I bought more of PEPSI. It 466 00:22:47,520 --> 00:22:50,040 Speaker 4: hasn't been doing great, but it does. It is a 467 00:22:50,080 --> 00:22:53,240 Speaker 4: great company as well, and it has a great dividend, 468 00:22:53,600 --> 00:22:56,240 Speaker 4: and it's flow and steady, which is what I like. 469 00:22:56,800 --> 00:23:01,600 Speaker 4: So you know, you could be here own boss. Part 470 00:23:01,640 --> 00:23:04,280 Speaker 4: time is what I'm doing. But it's you know, it's 471 00:23:04,320 --> 00:23:06,080 Speaker 4: rewarded me ten times. 472 00:23:06,440 --> 00:23:10,200 Speaker 1: How important is that passive income to you in being 473 00:23:10,280 --> 00:23:14,399 Speaker 1: able to one day allow you to quit and you know, 474 00:23:14,560 --> 00:23:17,000 Speaker 1: enjoy an early retirement to quit now. 475 00:23:17,280 --> 00:23:20,080 Speaker 3: I when I Thursday, okay. 476 00:23:20,000 --> 00:23:24,320 Speaker 4: How I ran the numbers the numbers on Thursday, I said, 477 00:23:24,359 --> 00:23:27,199 Speaker 4: Oh my gosh, I could pay the ballance of the 478 00:23:27,280 --> 00:23:30,080 Speaker 4: house I'm living in out off because it's my only 479 00:23:30,160 --> 00:23:32,840 Speaker 4: dat I don't have. I paid off my car in 480 00:23:32,880 --> 00:23:35,199 Speaker 4: two years, so I have no debt. And I was like, 481 00:23:35,280 --> 00:23:38,280 Speaker 4: oh my goodness, I said I could. I even ran 482 00:23:38,320 --> 00:23:40,600 Speaker 4: the numbers on how much I would have to pay 483 00:23:40,640 --> 00:23:44,360 Speaker 4: an insurance, you know, health insurance until I can I'm 484 00:23:44,400 --> 00:23:47,520 Speaker 4: able to get Medicare in a couple of decades, and 485 00:23:47,640 --> 00:23:50,600 Speaker 4: I could retire now. But I was like, oh no, 486 00:23:50,840 --> 00:23:52,680 Speaker 4: I have too much things I still need to do. 487 00:23:53,280 --> 00:23:55,840 Speaker 4: I want to buy another property. I know that if 488 00:23:55,840 --> 00:23:58,639 Speaker 4: I don't have a job that I would have to 489 00:23:58,640 --> 00:24:01,640 Speaker 4: put such a big chunk down that that would kind 490 00:24:01,640 --> 00:24:04,640 Speaker 4: of hurt and I wouldn't feel comfortable. But yeah, if 491 00:24:04,720 --> 00:24:08,160 Speaker 4: I didn't want to buy another two properties and I 492 00:24:08,200 --> 00:24:11,400 Speaker 4: was just content with living here, I could retire as 493 00:24:11,440 --> 00:24:14,480 Speaker 4: of Thursday last week and you know, get out of 494 00:24:14,520 --> 00:24:18,560 Speaker 4: the game, but I haven't. My original goal I spoke 495 00:24:18,640 --> 00:24:20,560 Speaker 4: with you at LA was one point three. 496 00:24:21,000 --> 00:24:22,480 Speaker 3: So if I. 497 00:24:22,520 --> 00:24:26,679 Speaker 1: Now that I remember this, yeah, at one point and 498 00:24:26,760 --> 00:24:28,320 Speaker 1: I feels like the other day. 499 00:24:28,400 --> 00:24:30,960 Speaker 3: Yeah, and I'm at one point two five two. 500 00:24:31,280 --> 00:24:34,959 Speaker 4: That's including the house, licked, equity and everything, and I'm like, 501 00:24:35,080 --> 00:24:37,120 Speaker 4: you know, I don't even want to count the house. 502 00:24:37,440 --> 00:24:41,639 Speaker 4: I wanted to just be so now I'm working to 503 00:24:41,800 --> 00:24:45,680 Speaker 4: one just to get the other two real estate properties 504 00:24:45,680 --> 00:24:48,280 Speaker 4: that I want to get to rent out and to 505 00:24:48,680 --> 00:24:51,000 Speaker 4: just you know, be able to take care of those 506 00:24:51,040 --> 00:24:51,880 Speaker 4: were a couple of years. 507 00:24:52,000 --> 00:24:53,560 Speaker 3: I'm looking at three years now. 508 00:24:53,880 --> 00:24:56,680 Speaker 1: Yeah, okay, okay, can you tell everyone how old you are? 509 00:24:56,840 --> 00:25:00,600 Speaker 4: Forty seven and a half. 510 00:25:00,640 --> 00:25:05,320 Speaker 1: You are amazing like retiring, you know, if you wanted to, 511 00:25:05,400 --> 00:25:07,040 Speaker 1: And this is the thing is you've got choice. 512 00:25:07,640 --> 00:25:09,280 Speaker 2: You know, I know you don't want to, and I 513 00:25:09,600 --> 00:25:11,160 Speaker 2: love that that you don't want to, and I don't. 514 00:25:11,240 --> 00:25:12,800 Speaker 1: To be honest, I don't think you'll ever stop because 515 00:25:12,800 --> 00:25:16,080 Speaker 1: you're just so driven and so passionate about life. But 516 00:25:16,720 --> 00:25:19,800 Speaker 1: if you wanted to, you could retire today at forty seven. 517 00:25:19,560 --> 00:25:20,119 Speaker 2: And a half. 518 00:25:20,359 --> 00:25:23,040 Speaker 1: Do you know how like many people in the world 519 00:25:23,080 --> 00:25:28,479 Speaker 1: could say that, not that many, Like you're in the minority. 520 00:25:29,280 --> 00:25:34,680 Speaker 4: Yeah, exactly, you know, especially being a minority, that's huge. 521 00:25:35,040 --> 00:25:38,720 Speaker 4: But again, when I looked at others online who were 522 00:25:39,480 --> 00:25:42,840 Speaker 4: even like forty and thirty time, I'm like, okay, but 523 00:25:43,160 --> 00:25:45,320 Speaker 4: some of the things they did I didn't do. So 524 00:25:45,359 --> 00:25:48,800 Speaker 4: they did live in lower costs of living cities. 525 00:25:50,080 --> 00:25:52,720 Speaker 3: I of course did not living in LA for so long. 526 00:25:53,640 --> 00:25:56,680 Speaker 4: But I enjoyed myself and would love to go back there, 527 00:25:56,920 --> 00:26:02,760 Speaker 4: and but go back there comfortable, struggling, But yeah, it's 528 00:26:03,240 --> 00:26:07,600 Speaker 4: it's weird, and it doesn't feel like, oh I'm so young. 529 00:26:07,720 --> 00:26:10,679 Speaker 3: No, it feels like I'm creeping along. 530 00:26:14,359 --> 00:26:16,679 Speaker 1: Or for anyone who's listening right now, and they're like, 531 00:26:17,160 --> 00:26:19,080 Speaker 1: I want to be like a show. I want to 532 00:26:19,119 --> 00:26:21,000 Speaker 1: be able to have that choice where I can retire 533 00:26:21,440 --> 00:26:25,920 Speaker 1: if I want to know, what would be your advice 534 00:26:26,400 --> 00:26:28,840 Speaker 1: to them? To tell them to stop thinking about it 535 00:26:28,880 --> 00:26:30,920 Speaker 1: and talking about it or start doing it. 536 00:26:31,840 --> 00:26:35,560 Speaker 4: You just said it, Just do it like the friends, 537 00:26:35,600 --> 00:26:38,320 Speaker 4: like I said, a couple of doors down they were 538 00:26:38,800 --> 00:26:41,520 Speaker 4: when I told them and everything, and they were feeling comfortable. 539 00:26:41,560 --> 00:26:43,760 Speaker 4: The first thing they did was open up one of 540 00:26:43,800 --> 00:26:47,000 Speaker 4: those I don't know what app it is, but it 541 00:26:47,080 --> 00:26:49,480 Speaker 4: lets you pretend to trade and everything. 542 00:26:49,760 --> 00:26:52,080 Speaker 2: Oh yeah, go paper trading. Yeah, it's brilliant. 543 00:26:52,520 --> 00:26:54,399 Speaker 4: I want to do that like a month or so 544 00:26:54,480 --> 00:26:58,359 Speaker 4: and I'm like, stop it. Just just take the money 545 00:26:58,400 --> 00:27:00,399 Speaker 4: and put it. Even if you just open up the 546 00:27:00,440 --> 00:27:03,480 Speaker 4: broker's account and put the money and let it just 547 00:27:03,600 --> 00:27:07,640 Speaker 4: sit there, just do it. You trust And when they 548 00:27:07,720 --> 00:27:10,960 Speaker 4: finally pull the trigger, they're like, okay, fine, and they 549 00:27:11,000 --> 00:27:14,240 Speaker 4: did it because I think those apps. I think they 550 00:27:14,359 --> 00:27:17,320 Speaker 4: were good back in the day, but I think now 551 00:27:17,640 --> 00:27:20,760 Speaker 4: because the market is constantly moving one way or the other, 552 00:27:21,160 --> 00:27:24,320 Speaker 4: you can't time it. So stop trying to time it. 553 00:27:24,800 --> 00:27:28,439 Speaker 4: Just get in it and just pick something. Like I 554 00:27:28,480 --> 00:27:31,760 Speaker 4: said that you know first, if you know it, you 555 00:27:32,000 --> 00:27:35,560 Speaker 4: use it all the time, and it's doing well by that, 556 00:27:35,720 --> 00:27:37,040 Speaker 4: even if it's only one year. 557 00:27:37,280 --> 00:27:40,760 Speaker 3: Just get in it. Don't sit on the sideline. Stop it. 558 00:27:40,760 --> 00:27:43,280 Speaker 1: And that's why, you know, I say to people, you 559 00:27:43,320 --> 00:27:45,280 Speaker 1: know that if someone you know comes up between the 560 00:27:45,280 --> 00:27:47,400 Speaker 1: street and says, look, I really want to start investing 561 00:27:47,520 --> 00:27:49,040 Speaker 1: in shaz you know. 562 00:27:49,000 --> 00:27:49,640 Speaker 2: What should I buy? 563 00:27:49,640 --> 00:27:52,160 Speaker 1: Obviously I'm never gonna say, hey, buy this stock, because 564 00:27:52,160 --> 00:27:55,520 Speaker 1: that's product advice and personal advice and will get me 565 00:27:55,520 --> 00:27:58,040 Speaker 1: into whold lot of trouble. But you know, if anyone 566 00:27:58,080 --> 00:28:01,840 Speaker 1: that wants to build up a diversified portfolio is overwhelmed 567 00:28:02,440 --> 00:28:05,679 Speaker 1: by you know, the analysis paralysis of what to invest in, 568 00:28:05,680 --> 00:28:09,320 Speaker 1: what company, what industry, what sector, blah blah blah, learn 569 00:28:09,600 --> 00:28:13,960 Speaker 1: about ETFs and listed investment companies because you could essentially 570 00:28:14,000 --> 00:28:16,800 Speaker 1: take your one thousand dollars And this is assuming that 571 00:28:16,840 --> 00:28:18,520 Speaker 1: you understand what you're doing. You understand it's a long 572 00:28:18,560 --> 00:28:20,960 Speaker 1: term investment, and you know that you want a diversified 573 00:28:21,080 --> 00:28:25,320 Speaker 1: share portfolio, whether it be Australian or international. Using a 574 00:28:25,560 --> 00:28:29,360 Speaker 1: vehicle like an exchange traded fund or a list investment 575 00:28:29,359 --> 00:28:33,560 Speaker 1: company means that one thousand dollars is immediately invested across 576 00:28:33,640 --> 00:28:36,159 Speaker 1: eighty one hundred, one hundred and fifty different companies. It 577 00:28:36,240 --> 00:28:39,480 Speaker 1: is done for you and it is just a great 578 00:28:39,520 --> 00:28:42,440 Speaker 1: way to start and you you've got your foot in 579 00:28:42,480 --> 00:28:45,600 Speaker 1: the door. You're technically a shareholder. You know, you're earning 580 00:28:45,640 --> 00:28:48,440 Speaker 1: dividends now and you can build on from there. It's 581 00:28:48,600 --> 00:28:51,280 Speaker 1: just it's, you know, it's just such a great place. 582 00:28:51,320 --> 00:28:54,960 Speaker 1: Obviously under those assumptions and not giving anyone product advice here. 583 00:28:54,960 --> 00:28:57,840 Speaker 2: But you know it is it is so easy. And 584 00:28:57,880 --> 00:28:59,120 Speaker 2: I know a large amount. 585 00:28:58,840 --> 00:29:01,560 Speaker 1: Of my portfolio, for both my personal share portfolio that's 586 00:29:01,560 --> 00:29:05,000 Speaker 1: separate to the thousand dollars project portfolio, a large percentage 587 00:29:05,040 --> 00:29:09,760 Speaker 1: of it I've been you know, accumulating you know, more 588 00:29:09,800 --> 00:29:12,680 Speaker 1: listed investment companies because I don't have to sit there 589 00:29:12,720 --> 00:29:16,560 Speaker 1: and watch stocks and research reports and you know, you know, 590 00:29:16,600 --> 00:29:20,880 Speaker 1: sit in front of like Bloomberg or you know, Sky Business. 591 00:29:20,920 --> 00:29:22,120 Speaker 2: I can. It's I can. 592 00:29:22,160 --> 00:29:25,840 Speaker 1: I've got It gives me my time back from other 593 00:29:25,960 --> 00:29:28,480 Speaker 1: enjoyable things in life. 594 00:29:29,120 --> 00:29:32,280 Speaker 4: I like read, I like listening to the quarterly reports, 595 00:29:32,680 --> 00:29:35,800 Speaker 4: and that's about it. All the rest of it I 596 00:29:35,840 --> 00:29:38,840 Speaker 4: can't because you literally, like you said, you just started 597 00:29:38,840 --> 00:29:41,400 Speaker 4: to get a headache. But you know when people say 598 00:29:41,400 --> 00:29:43,520 Speaker 4: they feel overwhelmed, because I'll say that, oh, I just 599 00:29:43,560 --> 00:29:45,000 Speaker 4: don't know what to buy, I just know what to buy. 600 00:29:45,240 --> 00:29:47,880 Speaker 3: I'm like, go to the mall, sit at the full court. 601 00:29:48,280 --> 00:29:49,360 Speaker 3: Then you'll know what to buy. 602 00:29:49,720 --> 00:29:52,960 Speaker 4: Because it always walks me that people can take their 603 00:29:53,360 --> 00:29:55,400 Speaker 4: tax return and it'll be a couple of thousand dollars 604 00:29:55,520 --> 00:29:57,120 Speaker 4: and they can go to the mall and they could 605 00:29:57,120 --> 00:30:01,000 Speaker 4: go and buy all these things and have two hands 606 00:30:01,040 --> 00:30:04,600 Speaker 4: filled with bags and they're so happy walk into their car. 607 00:30:04,640 --> 00:30:07,160 Speaker 4: And we know that feeling because I know, I remember 608 00:30:07,200 --> 00:30:07,800 Speaker 4: those days. 609 00:30:07,880 --> 00:30:10,640 Speaker 3: I still get a kick when I have that bag 610 00:30:10,680 --> 00:30:11,360 Speaker 3: in my hand. 611 00:30:12,000 --> 00:30:15,960 Speaker 4: You know, you know these bags we're talking about, how 612 00:30:15,960 --> 00:30:18,040 Speaker 4: they wrap it in a bowl and everything and give 613 00:30:18,080 --> 00:30:21,480 Speaker 4: you extra little free samples. I'm like, okay, so you 614 00:30:21,600 --> 00:30:23,760 Speaker 4: just did you feel overwhelmed when you went on that 615 00:30:23,840 --> 00:30:26,360 Speaker 4: shopping spree And they're like, no, I said, it's the 616 00:30:26,360 --> 00:30:29,640 Speaker 4: same thing with stock. The difference is you can't buy 617 00:30:29,800 --> 00:30:32,040 Speaker 4: as much as you would on that little spree, but 618 00:30:32,360 --> 00:30:35,760 Speaker 4: if you still have your tax refund of one thousand dollars, 619 00:30:36,120 --> 00:30:39,520 Speaker 4: you still can go shopping in the market. Just instead 620 00:30:39,520 --> 00:30:41,880 Speaker 4: of buying the product by the stock. 621 00:30:42,040 --> 00:30:43,520 Speaker 3: Be the owners. 622 00:30:43,560 --> 00:30:46,480 Speaker 1: I love exactly, And you know I you know, not 623 00:30:46,520 --> 00:30:49,320 Speaker 1: product device, but I owned shares and Woolworsts, which is 624 00:30:49,360 --> 00:30:53,960 Speaker 1: our major supermarket here, and it's so satisfying walking through 625 00:30:54,080 --> 00:30:59,000 Speaker 1: going I'm supporting a business by shopping here, and you know, 626 00:30:59,160 --> 00:31:01,520 Speaker 1: a bull West every rewards. You know, I click my 627 00:31:01,560 --> 00:31:05,719 Speaker 1: points every time and use my pet insurance discount. But 628 00:31:05,800 --> 00:31:09,720 Speaker 1: it's so satisfying walking through and going. I own a 629 00:31:09,840 --> 00:31:14,400 Speaker 1: tiny a tiny percentage of this supermarket. Like it's it's 630 00:31:14,480 --> 00:31:17,080 Speaker 1: so satisfying and for people think I don't know what 631 00:31:17,080 --> 00:31:17,560 Speaker 1: to be buying. 632 00:31:17,920 --> 00:31:20,600 Speaker 2: Also, think about what do we need every day to live? 633 00:31:20,840 --> 00:31:24,320 Speaker 1: Well, we need electricity, we need to put petrol in 634 00:31:24,360 --> 00:31:25,120 Speaker 1: our car. 635 00:31:25,480 --> 00:31:28,239 Speaker 2: We need food, We need to buy bread, we need 636 00:31:28,280 --> 00:31:28,840 Speaker 2: to buy milk. 637 00:31:28,840 --> 00:31:30,719 Speaker 1: There are the essentials. If you're wanting to pick your 638 00:31:30,720 --> 00:31:33,400 Speaker 1: individual stocks, start with what we need to be able 639 00:31:33,440 --> 00:31:36,680 Speaker 1: to survive and to live, you know, and start building 640 00:31:36,720 --> 00:31:39,600 Speaker 1: a portfolio. You know, look around you look at the trends, 641 00:31:39,600 --> 00:31:42,360 Speaker 1: look at what's you know, where people are spending money, 642 00:31:42,400 --> 00:31:45,680 Speaker 1: you know, and it's like when you start actually you know, 643 00:31:45,840 --> 00:31:48,560 Speaker 1: opening your eyes and looking at what are people doing, 644 00:31:48,720 --> 00:31:51,960 Speaker 1: like where are they spending their money, it's really insightful. 645 00:31:52,000 --> 00:31:55,440 Speaker 1: As well as you become a more experienced, more confident investor, 646 00:31:55,760 --> 00:31:58,200 Speaker 1: and you can start you know, maybe once you've got 647 00:31:58,440 --> 00:32:02,360 Speaker 1: a really solid base put of ETFs listed investment companies, 648 00:32:02,760 --> 00:32:03,040 Speaker 1: you know. 649 00:32:02,960 --> 00:32:03,640 Speaker 2: You can start going. 650 00:32:03,640 --> 00:32:05,480 Speaker 1: You know what, I know, I've probably got that particular 651 00:32:05,480 --> 00:32:07,680 Speaker 1: company and my portfolio already through the ACF for the 652 00:32:07,680 --> 00:32:10,680 Speaker 1: listed investment company. I'm actually gonna up the stakes a 653 00:32:10,720 --> 00:32:13,320 Speaker 1: little bit here and buy some individual stocks in that company, 654 00:32:13,360 --> 00:32:15,120 Speaker 1: so I have a little bit more skin in the 655 00:32:15,160 --> 00:32:18,880 Speaker 1: game with that industry or that company. It's amazing how 656 00:32:18,920 --> 00:32:22,400 Speaker 1: creative you can actually really be in building up your wealth. 657 00:32:23,040 --> 00:32:23,440 Speaker 2: Yeah. 658 00:32:23,520 --> 00:32:25,920 Speaker 4: I mean I started in mutual funds. I started with 659 00:32:26,040 --> 00:32:30,920 Speaker 4: Vanguard Funds and Janis Funds, and you know, they did great, 660 00:32:31,240 --> 00:32:34,400 Speaker 4: but they didn't do fabulous like I'm doing now. And 661 00:32:34,480 --> 00:32:37,000 Speaker 4: I knew I'd always wanted to buy individual stocks. And 662 00:32:37,560 --> 00:32:41,040 Speaker 4: like you said, it's fun when you go into a 663 00:32:41,120 --> 00:32:42,920 Speaker 4: store or something, you're like, you know, I had to 664 00:32:43,000 --> 00:32:47,160 Speaker 4: go and get another phone upgrade, and I walked into 665 00:32:47,280 --> 00:32:49,560 Speaker 4: you know, a Verizon store, and it was just great 666 00:32:49,560 --> 00:32:52,440 Speaker 4: to know that, Okay, I own some of this. 667 00:32:53,080 --> 00:32:53,320 Speaker 3: You know. 668 00:32:54,360 --> 00:32:57,400 Speaker 4: That felt great. And of course I was buying another Apple. 669 00:32:57,520 --> 00:33:00,720 Speaker 4: And I'm not saying if Samsung Apple and ones better 670 00:33:00,760 --> 00:33:04,360 Speaker 4: than the other, I just I buy because it all 671 00:33:04,400 --> 00:33:06,920 Speaker 4: talks to everything. It talks to my watch, to my 672 00:33:07,000 --> 00:33:10,640 Speaker 4: AirPods all that, so you know, and it's like, okay, yeah, 673 00:33:10,640 --> 00:33:13,280 Speaker 4: I'm gonna get another one because I own stock in that. 674 00:33:13,880 --> 00:33:16,520 Speaker 4: You know, you get in your car, you're going driving 675 00:33:16,520 --> 00:33:19,440 Speaker 4: to McDonald's. You're like, I own stocking that. While I'm 676 00:33:19,480 --> 00:33:23,280 Speaker 4: drinking a coke own stocking that it's just like, yeah, 677 00:33:23,560 --> 00:33:27,080 Speaker 4: I may work for somebody else and get a paycheck, 678 00:33:27,280 --> 00:33:28,440 Speaker 4: but I'm also an owner. 679 00:33:28,920 --> 00:33:29,200 Speaker 3: Yeah. 680 00:33:29,400 --> 00:33:31,160 Speaker 2: It's the feeling. 681 00:33:32,160 --> 00:33:35,080 Speaker 3: Yeah, it's a good feeling. And it cracks people up. 682 00:33:35,080 --> 00:33:37,200 Speaker 4: When I'm in the car with them, I'm like, you know, yeah, 683 00:33:37,320 --> 00:33:39,600 Speaker 4: get that, and I'm like, thank you for your contribution 684 00:33:39,680 --> 00:33:42,920 Speaker 4: to my retirement when they buy something that I I. 685 00:33:45,360 --> 00:33:47,720 Speaker 3: Did that. Literally, I did that. I think it was 686 00:33:47,800 --> 00:33:49,120 Speaker 3: what was it Tuesday Wednesday? 687 00:33:49,160 --> 00:33:53,200 Speaker 4: At work, they had pizza or something and they didn't 688 00:33:53,240 --> 00:33:55,920 Speaker 4: have coke, but they had PEPSI and I have shares 689 00:33:55,960 --> 00:33:57,840 Speaker 4: in both, and I was like, I said, thank you 690 00:33:57,880 --> 00:33:59,240 Speaker 4: for contributing. 691 00:34:00,280 --> 00:34:04,440 Speaker 3: What, Oh my god, really I don't know that. 692 00:34:04,520 --> 00:34:07,160 Speaker 4: And it's like, oh, you know, you never asked, but yeah, 693 00:34:07,640 --> 00:34:11,240 Speaker 4: so you know, it's not an at the little cocktail parties. 694 00:34:13,000 --> 00:34:16,839 Speaker 1: Look, Michelle, you are so incredibly inspiring, and you know 695 00:34:17,600 --> 00:34:21,279 Speaker 1: it's I'm so motivated as well to go and like 696 00:34:21,360 --> 00:34:24,040 Speaker 1: jump into my share portfolio, look at my account, Look 697 00:34:24,080 --> 00:34:26,000 Speaker 1: at what extra money I can kind of hustle up 698 00:34:26,080 --> 00:34:28,600 Speaker 1: for this week to be able to you know, to 699 00:34:29,000 --> 00:34:31,719 Speaker 1: add more to my portfolio because I just have this 700 00:34:31,800 --> 00:34:34,279 Speaker 1: massive rush and I'm sure our listeners do right now. 701 00:34:34,320 --> 00:34:36,279 Speaker 1: So you know, I can't thank you enough for you 702 00:34:36,640 --> 00:34:39,719 Speaker 1: like being so generous with your time in updating us 703 00:34:39,719 --> 00:34:42,080 Speaker 1: with your story, and for the listeners right now listening 704 00:34:42,080 --> 00:34:44,120 Speaker 1: to this episode, please make sure you go and listen 705 00:34:44,160 --> 00:34:47,279 Speaker 1: to Michelle's previous episodes, which I will link in the 706 00:34:47,320 --> 00:34:50,680 Speaker 1: podcast notes, because you will hear her story from when 707 00:34:50,680 --> 00:34:53,000 Speaker 1: a portfolio is worth about two hundred to fifty and 708 00:34:53,000 --> 00:34:55,280 Speaker 1: then she jumps up to just under half a million, 709 00:34:55,719 --> 00:34:59,160 Speaker 1: and now she's just clicked cracked the one million dollar mark, 710 00:34:59,200 --> 00:35:02,560 Speaker 1: which is for no phenomenal and just like and the 711 00:35:02,560 --> 00:35:03,520 Speaker 1: fact that you want to keep going. 712 00:35:03,560 --> 00:35:06,280 Speaker 2: It's just, you know, it's just gold, Like. 713 00:35:05,840 --> 00:35:10,360 Speaker 1: Like everything I have so much, you know, like respect 714 00:35:10,600 --> 00:35:15,160 Speaker 1: and appreciation towards you and what you've achieved and how 715 00:35:15,200 --> 00:35:18,759 Speaker 1: generous you are with you sharing your insights and experience 716 00:35:18,840 --> 00:35:19,480 Speaker 1: and knowledge. 717 00:35:19,719 --> 00:35:25,440 Speaker 4: Yeah, but I wanted to add one more thing, Okay. 718 00:35:23,800 --> 00:35:25,840 Speaker 3: Bridy was also a big day for me. 719 00:35:26,400 --> 00:35:30,160 Speaker 4: Yeah, I'm a perfect credit score of a fifty. I'm 720 00:35:30,160 --> 00:35:33,200 Speaker 4: the only person I know that's done that, and everybody 721 00:35:33,200 --> 00:35:36,040 Speaker 4: I told to they don't know anybody else either. That 722 00:35:36,200 --> 00:35:38,360 Speaker 4: is also very important to me that I wanted to 723 00:35:38,360 --> 00:35:39,880 Speaker 4: get out there on this podcast. 724 00:35:41,400 --> 00:35:45,239 Speaker 1: You know, credit scores is massive in America, and it is. 725 00:35:45,480 --> 00:35:47,480 Speaker 1: It is a little bit here, but no one talks. 726 00:35:47,480 --> 00:35:49,799 Speaker 1: It's a bit of a behind closed doors because only 727 00:35:49,840 --> 00:35:52,840 Speaker 1: really people check their credit scores here maybe when they're 728 00:35:52,840 --> 00:35:55,319 Speaker 1: going to apply for a loan with a bank or 729 00:35:55,760 --> 00:35:58,279 Speaker 1: if they're in trouble. So you know, it's funny, like 730 00:35:58,400 --> 00:36:00,640 Speaker 1: I think people almost have in America their credit score 731 00:36:00,680 --> 00:36:04,440 Speaker 1: is part of their like dating profile, but here it's not. 732 00:36:05,239 --> 00:36:07,279 Speaker 1: But it is very important because it helps you. If 733 00:36:07,320 --> 00:36:09,319 Speaker 1: you know you're credit for you can negotiate sometimes a 734 00:36:09,400 --> 00:36:11,239 Speaker 1: much better rate with your bank as well, so you 735 00:36:11,239 --> 00:36:14,000 Speaker 1: can actually save yourself a huge amount of money. So 736 00:36:14,400 --> 00:36:17,560 Speaker 1: you know, again not only congratulations on cracking one million dollars, 737 00:36:17,600 --> 00:36:21,400 Speaker 1: but also on your Fico store store, because that's I 738 00:36:21,480 --> 00:36:24,000 Speaker 1: know how important that is for you in America. 739 00:36:24,719 --> 00:36:30,360 Speaker 2: Yes, just look now, Michelle. My next final question is is, 740 00:36:31,040 --> 00:36:33,040 Speaker 2: and we'll take this offline, but when you come. 741 00:36:32,960 --> 00:36:37,600 Speaker 1: Into Australia and insist that you come and stay with 742 00:36:37,680 --> 00:36:41,480 Speaker 1: me in Sydney, so you need to like you need to. 743 00:36:41,520 --> 00:36:44,760 Speaker 2: Hurry up and retire and book that flight to Sydney. 744 00:36:46,280 --> 00:36:48,319 Speaker 3: Yeah, I want to come so bad. 745 00:36:48,400 --> 00:36:52,799 Speaker 4: And when I started with this client because I'm a 746 00:36:52,840 --> 00:36:55,320 Speaker 4: consultant and that I have this client and it was 747 00:36:55,320 --> 00:36:58,080 Speaker 4: supposed to be just a few a couple of months, 748 00:36:58,080 --> 00:37:01,040 Speaker 4: but now it's got extended. So it's like, okay, great. 749 00:37:01,680 --> 00:37:06,280 Speaker 4: And anytime my current employer, when we have a project 750 00:37:06,320 --> 00:37:09,120 Speaker 4: with a client, you know, it's never a good time. 751 00:37:09,120 --> 00:37:11,000 Speaker 4: And I'm like, I need to sit time off because 752 00:37:11,040 --> 00:37:14,600 Speaker 4: I'm not going to lose my vacation time because you know, 753 00:37:14,800 --> 00:37:15,840 Speaker 4: I'm working with somebody. 754 00:37:15,880 --> 00:37:17,879 Speaker 3: But I definitely want to come. But every time I. 755 00:37:17,880 --> 00:37:21,799 Speaker 4: See your kids, the two cute little girls, I'm like, 756 00:37:22,280 --> 00:37:25,400 Speaker 4: oh my god, I be ready for this because Rocco, 757 00:37:25,480 --> 00:37:29,120 Speaker 4: I'm ready for and you know, you know, I want 758 00:37:29,160 --> 00:37:31,680 Speaker 4: to see just Giseppie so bad. 759 00:37:31,840 --> 00:37:34,560 Speaker 3: I love that. I know, Oh my gosh, I wanted 760 00:37:35,200 --> 00:37:39,880 Speaker 3: on screen today because I was like, I never ask you, Giseeppe. 761 00:37:40,719 --> 00:37:42,160 Speaker 2: Oh I'm so sorry. 762 00:37:42,160 --> 00:37:42,480 Speaker 3: I will. 763 00:37:42,480 --> 00:37:45,160 Speaker 1: I promise you'll send you some photographs. Giuseppe is the 764 00:37:45,160 --> 00:37:48,960 Speaker 1: only SAE member of our household. We have a pretty 765 00:37:49,000 --> 00:37:53,160 Speaker 1: wild neurodivergent mix going on here, and he's the only 766 00:37:53,320 --> 00:37:57,279 Speaker 1: sane one, probably followed by Rocco, probably. 767 00:37:57,200 --> 00:38:04,040 Speaker 2: Definitely the other end of the Spectrum. Yeah card today. 768 00:38:04,120 --> 00:38:06,640 Speaker 4: I was glad you did another Tom's car today because 769 00:38:06,640 --> 00:38:07,480 Speaker 4: I was watching it. 770 00:38:08,040 --> 00:38:10,560 Speaker 3: I just thought, he needs a little caddy. We can 771 00:38:10,600 --> 00:38:11,240 Speaker 3: put all these. 772 00:38:11,080 --> 00:38:13,080 Speaker 4: Little things in like a little you know, one of 773 00:38:13,120 --> 00:38:15,239 Speaker 4: the little caddies that you could put in there and 774 00:38:15,280 --> 00:38:16,600 Speaker 4: he could sit it on the floor and he could 775 00:38:16,600 --> 00:38:20,359 Speaker 4: just everything in that little spot. 776 00:38:21,719 --> 00:38:26,120 Speaker 2: I think his whole car is a caddy. But yeah, yeah, exactly. Yeah. 777 00:38:27,160 --> 00:38:29,919 Speaker 1: People love my updates of what's inside Tom's car this week, 778 00:38:30,000 --> 00:38:32,920 Speaker 1: but that's over my Instagram account. 779 00:38:33,239 --> 00:38:35,120 Speaker 2: Look, Michelle, I will let you get back on with 780 00:38:35,120 --> 00:38:35,520 Speaker 2: your day. 781 00:38:35,680 --> 00:38:38,080 Speaker 1: I can't thank you enough for coming on Sugar Mama's 782 00:38:38,120 --> 00:38:40,319 Speaker 1: Fireplay and to all the listeners right now, you know, 783 00:38:40,400 --> 00:38:42,440 Speaker 1: please make sure you go and listen to the previous 784 00:38:42,520 --> 00:38:45,560 Speaker 1: episodes like it really is phenomenal what Michelle has achieved. 785 00:38:45,640 --> 00:38:47,800 Speaker 1: And if you could take a moment to leave a 786 00:38:47,960 --> 00:38:51,520 Speaker 1: rating and a review, I would greatly appreciate it because 787 00:38:51,800 --> 00:38:55,120 Speaker 1: for me, every review and rating counts just like every 788 00:38:55,160 --> 00:38:58,760 Speaker 1: dollarcounts for yours and my financial journey too. So everyone, 789 00:38:58,800 --> 00:39:01,239 Speaker 1: thank you so much for listening to Sugar Mama's Fireplate. 790 00:39:01,840 --> 00:39:06,040 Speaker 1: And again, thank you so much to Michelle chare for now.