1 00:00:00,040 --> 00:00:02,760 Speaker 1: Good morning, everyone, and welcome back to another episode of 2 00:00:02,800 --> 00:00:07,360 Speaker 1: Sugar Mama's Fireplay. I am your host financial planner, Canna Campbell, 3 00:00:07,720 --> 00:00:10,200 Speaker 1: and today I am well this morning, I am literally 4 00:00:10,240 --> 00:00:14,240 Speaker 1: bursting at the seams because I have something very exciting 5 00:00:14,400 --> 00:00:16,560 Speaker 1: to share with you that I know will make a 6 00:00:16,720 --> 00:00:20,560 Speaker 1: meaningful impact on your life. That is the Sugar Mama 7 00:00:20,800 --> 00:00:25,319 Speaker 1: ten Day Financial Reset Challenge. This is a challenge that 8 00:00:25,400 --> 00:00:28,360 Speaker 1: I started this time last year. In fact, I had 9 00:00:28,360 --> 00:00:31,640 Speaker 1: to do it from Hong Kong, and it is an amazing, 10 00:00:31,760 --> 00:00:34,840 Speaker 1: fun challenge which really takes us back to the basics 11 00:00:34,960 --> 00:00:37,599 Speaker 1: of what we want to achieve and why with our 12 00:00:37,640 --> 00:00:40,879 Speaker 1: financial goals and our financial journey. And this is the 13 00:00:40,960 --> 00:00:43,080 Speaker 1: perfect time to be doing this as most of us 14 00:00:43,240 --> 00:00:46,800 Speaker 1: are officially returning back to work for twenty twenty five. 15 00:00:47,000 --> 00:00:50,559 Speaker 1: The holiday season has sadly come to an end, and 16 00:00:50,600 --> 00:00:52,599 Speaker 1: we really need to make sure that we hit the 17 00:00:52,640 --> 00:00:57,320 Speaker 1: ground running with optimal levels of motivation, focus and clarity. 18 00:00:57,520 --> 00:01:01,240 Speaker 1: So this is your perfect chance, your perfect opportunity to 19 00:01:01,440 --> 00:01:04,800 Speaker 1: take small, simple steps towards building a greater sense of 20 00:01:04,840 --> 00:01:10,040 Speaker 1: financial clarity, financial confidence, and financial motivation for your journey 21 00:01:10,200 --> 00:01:14,759 Speaker 1: around money and financial wellbeing. It is the perfect way 22 00:01:15,120 --> 00:01:18,800 Speaker 1: to hit reset and refresh your perspective and launch into 23 00:01:18,800 --> 00:01:24,080 Speaker 1: twenty twenty five feeling strong, feeling powerful and being in control. 24 00:01:24,400 --> 00:01:29,000 Speaker 1: And the best part, it is completely free. It takes 25 00:01:29,040 --> 00:01:31,520 Speaker 1: just a few minutes each day, and it is designed 26 00:01:31,560 --> 00:01:37,120 Speaker 1: to be fun and achievable for absolutely everyone, whether you 27 00:01:37,240 --> 00:01:41,319 Speaker 1: are new to fixing your finances and you're feeling completely 28 00:01:41,319 --> 00:01:44,520 Speaker 1: overwhelmed and not sure as to where to start, or 29 00:01:44,520 --> 00:01:50,480 Speaker 1: whether you're a seasoned financial expert. This is for absolutely everyone, 30 00:01:50,560 --> 00:01:53,520 Speaker 1: regardless of where you are starting financially, and it is 31 00:01:53,560 --> 00:01:55,840 Speaker 1: an absolute honor to be able to do this with you. 32 00:01:56,080 --> 00:01:59,200 Speaker 1: And if you're wondering, I am actually doing this with you, yes, 33 00:01:59,240 --> 00:02:01,880 Speaker 1: I will be doing all the tasks, all the exercises 34 00:02:01,960 --> 00:02:05,560 Speaker 1: each day, so we're literally doing this together as a 35 00:02:05,600 --> 00:02:08,399 Speaker 1: power couple, you could say. Now, as I mentioned, this 36 00:02:08,480 --> 00:02:11,240 Speaker 1: is free and it is quick and easy to access, 37 00:02:11,280 --> 00:02:14,560 Speaker 1: there's only two conditions you need to follow. That is 38 00:02:14,639 --> 00:02:18,480 Speaker 1: number one, you are following me on Instagram at sugar 39 00:02:18,480 --> 00:02:20,239 Speaker 1: Mama TV, because this is where I'm going to be 40 00:02:20,240 --> 00:02:24,440 Speaker 1: sharing all the tasks and exercises each morning at around 41 00:02:24,480 --> 00:02:28,440 Speaker 1: about seven a m. I also recommend if you're on 42 00:02:28,520 --> 00:02:30,919 Speaker 1: the TikTok platform to make sure you're following me there 43 00:02:30,960 --> 00:02:33,760 Speaker 1: because I'll be going through the same task and exercise 44 00:02:33,800 --> 00:02:36,680 Speaker 1: but in more details. So if you love the exercise, 45 00:02:36,720 --> 00:02:39,040 Speaker 1: you want to know more, want to go deeper, make 46 00:02:39,080 --> 00:02:42,080 Speaker 1: sure you're following me on TikTok Sugar Mama, because you 47 00:02:42,080 --> 00:02:45,920 Speaker 1: can actually get more information from that particular platform. And 48 00:02:46,000 --> 00:02:49,400 Speaker 1: of course make sure you save and share every single 49 00:02:49,560 --> 00:02:52,920 Speaker 1: post and task that you do. Comment, share your feedback, 50 00:02:53,000 --> 00:02:55,760 Speaker 1: share your insights, your discoveries, how you feel after you've 51 00:02:55,800 --> 00:02:58,560 Speaker 1: done that task, and of course please taggle your friends 52 00:02:58,560 --> 00:03:01,000 Speaker 1: as you're doing this, because we can create a huge 53 00:03:01,080 --> 00:03:05,720 Speaker 1: wave of serious financial empowerment and really raise the benchmark 54 00:03:06,040 --> 00:03:10,040 Speaker 1: of financial literacy, not just in Australia but around the world. 55 00:03:10,240 --> 00:03:12,280 Speaker 1: All Right, So in today's episode, it's a short but 56 00:03:12,400 --> 00:03:14,840 Speaker 1: sweet one, but I've explained to you why this challenge 57 00:03:15,200 --> 00:03:17,400 Speaker 1: matters to you, why you need to be doing it, 58 00:03:17,480 --> 00:03:19,240 Speaker 1: and what you're going to gain from it. I'm going 59 00:03:19,240 --> 00:03:21,880 Speaker 1: to break down how the Sugar Mama ten day Financial 60 00:03:21,919 --> 00:03:24,880 Speaker 1: Reset Challenge works so that you can mentally prepare for 61 00:03:24,919 --> 00:03:27,680 Speaker 1: each topic that we're going to be covering each day. 62 00:03:28,000 --> 00:03:29,520 Speaker 1: And then of course I'll explain to you in more 63 00:03:29,600 --> 00:03:31,440 Speaker 1: detail as to how you can access all of this 64 00:03:31,520 --> 00:03:33,720 Speaker 1: information and if you get stuck, how to actually get 65 00:03:33,760 --> 00:03:37,040 Speaker 1: in contact with me and ask those questions. So there's 66 00:03:37,120 --> 00:03:39,320 Speaker 1: a lot to be covered in this particular episode if 67 00:03:39,320 --> 00:03:42,480 Speaker 1: you're really excited about embracing this challenge, and of course 68 00:03:42,520 --> 00:03:44,800 Speaker 1: I'll also share with you in this episode if you 69 00:03:45,040 --> 00:03:48,680 Speaker 1: miss a day, how to quickly and easily catch up. 70 00:03:48,920 --> 00:03:52,680 Speaker 1: All right, everyone, let's begin breaking down the Sugar Mama 71 00:03:52,840 --> 00:03:56,120 Speaker 1: ten day Reset Challenge. All right, So to start off, 72 00:03:56,160 --> 00:03:58,280 Speaker 1: I'm going to walk you through what each day of 73 00:03:58,360 --> 00:04:01,720 Speaker 1: the challenge actually looks like and why it matters to you. 74 00:04:02,400 --> 00:04:04,680 Speaker 1: So day one, we're going to be really focusing on 75 00:04:04,960 --> 00:04:07,280 Speaker 1: your why, and we're going to give you some really 76 00:04:07,280 --> 00:04:10,000 Speaker 1: simple tasks for you to do that don't cost anything 77 00:04:10,000 --> 00:04:13,480 Speaker 1: and literally take a couple of minutes. This is a 78 00:04:13,600 --> 00:04:16,840 Speaker 1: really important part and probably the most important one to 79 00:04:16,920 --> 00:04:20,000 Speaker 1: kickstart this because when it comes to working on our 80 00:04:20,000 --> 00:04:22,920 Speaker 1: financial world being, or actually any goal, hadn't said that 81 00:04:23,640 --> 00:04:26,640 Speaker 1: you need to understand what it is why you were 82 00:04:26,680 --> 00:04:29,280 Speaker 1: working on this. Quite often when I ask people, why 83 00:04:29,279 --> 00:04:31,080 Speaker 1: are you working on your financial world being? Why are 84 00:04:31,080 --> 00:04:33,880 Speaker 1: you working on these financial goals. They answer this sort 85 00:04:33,920 --> 00:04:36,839 Speaker 1: of surface level answer which has no depth or meaning 86 00:04:36,960 --> 00:04:39,800 Speaker 1: to it. There's nothing necessarily wrong with that, but if 87 00:04:39,839 --> 00:04:42,159 Speaker 1: you want to make sure that you have longevity with 88 00:04:42,200 --> 00:04:46,120 Speaker 1: your financial journey, it's you remain committed and connected to 89 00:04:46,320 --> 00:04:48,960 Speaker 1: that path. You need to have a really deep understanding 90 00:04:49,040 --> 00:04:52,360 Speaker 1: as to what your why is all about. And this 91 00:04:52,440 --> 00:04:56,200 Speaker 1: is about going deep understanding, because when you connect with 92 00:04:56,240 --> 00:04:59,800 Speaker 1: your why, it is just like this absolute fuel of 93 00:05:00,279 --> 00:05:03,000 Speaker 1: that burns within you so that you keep going and 94 00:05:03,040 --> 00:05:05,480 Speaker 1: you have a far greater sense of resilience and you're 95 00:05:05,560 --> 00:05:08,800 Speaker 1: far less likely to be distracted. So I'll give you 96 00:05:08,839 --> 00:05:12,359 Speaker 1: some exercises to help you really discover your own why. 97 00:05:12,720 --> 00:05:14,440 Speaker 1: And of course I'm going to make sure you write 98 00:05:14,560 --> 00:05:17,160 Speaker 1: absolutely everything down so you want to might want to 99 00:05:17,160 --> 00:05:19,240 Speaker 1: pop out to the shops or grab a piece of 100 00:05:19,240 --> 00:05:23,480 Speaker 1: paper pattern pen to have ready every morning at seven am. 101 00:05:23,520 --> 00:05:25,200 Speaker 1: But we could say that day one is all about 102 00:05:25,200 --> 00:05:28,920 Speaker 1: finding your anchor, your compass, and your ultimate source of 103 00:05:29,080 --> 00:05:32,560 Speaker 1: financial power, all right, Day two, So Day two is 104 00:05:32,560 --> 00:05:36,240 Speaker 1: about doing a stop take of your finances. It's about 105 00:05:36,279 --> 00:05:40,200 Speaker 1: being really honest. And this exercise may be particularly uncomfortable 106 00:05:40,240 --> 00:05:42,040 Speaker 1: for some who just have been sort of burying the 107 00:05:42,120 --> 00:05:44,520 Speaker 1: head in the sand. This is the perfect task for you, 108 00:05:44,560 --> 00:05:46,560 Speaker 1: and I promise you you're going to feel so much 109 00:05:46,560 --> 00:05:48,960 Speaker 1: better once you've done this. But it's about looking at 110 00:05:49,000 --> 00:05:51,520 Speaker 1: where you stand financially, looking at the savings, the debts, 111 00:05:51,520 --> 00:05:54,560 Speaker 1: the superannuation and of course what insurance policies you may 112 00:05:54,640 --> 00:05:57,679 Speaker 1: have in place. Now. The reason why this particular task 113 00:05:57,760 --> 00:06:01,520 Speaker 1: is so incredibly important is you can't what you don't measure, 114 00:06:01,960 --> 00:06:06,240 Speaker 1: So this is really about gaining that essential clarity and 115 00:06:06,320 --> 00:06:09,200 Speaker 1: control in knowing exactly where you stand so you can 116 00:06:09,200 --> 00:06:12,360 Speaker 1: start making informed decisions and can actually see how and 117 00:06:12,400 --> 00:06:16,000 Speaker 1: where you're improving. This is something that a financial plan 118 00:06:16,120 --> 00:06:19,120 Speaker 1: will do at the very start of doing a financial 119 00:06:19,160 --> 00:06:21,960 Speaker 1: plan for you, so you're almost you know, creating your 120 00:06:22,000 --> 00:06:25,600 Speaker 1: own financial plan for yourself. Now, on that note of clarity, 121 00:06:25,640 --> 00:06:29,080 Speaker 1: a quick shout out to my friend and colleague Adam 122 00:06:29,120 --> 00:06:33,160 Speaker 1: McCabe from Blue Lantern. He's actually also running a similar 123 00:06:33,279 --> 00:06:37,359 Speaker 1: financial challenge, but this is purely focused around mortgages. So 124 00:06:37,400 --> 00:06:40,240 Speaker 1: if you're someone who has a mortgage or has a 125 00:06:40,279 --> 00:06:42,479 Speaker 1: goal to pay off their mortgage, make sure you go 126 00:06:42,520 --> 00:06:45,760 Speaker 1: and check out Adam's Instagram account because he's sharing his challenge, 127 00:06:45,760 --> 00:06:48,560 Speaker 1: which actually only goes for seven days. And if you're wondering, 128 00:06:48,600 --> 00:06:51,360 Speaker 1: is this a duplicate of challenges, Nope, I've actually had 129 00:06:51,360 --> 00:06:53,839 Speaker 1: a look at what Adam's challenge actually involves with his 130 00:06:54,480 --> 00:06:57,719 Speaker 1: kind generosity, and is actually a brilliant combination. So you 131 00:06:57,720 --> 00:07:00,760 Speaker 1: can literally do the Sugar Momma ten day Financial Reset challenge, 132 00:07:00,800 --> 00:07:05,200 Speaker 1: and of course you can do Adam's seven day mortgage challenge. 133 00:07:05,720 --> 00:07:08,440 Speaker 1: So again just to recap, Day two is about taking 134 00:07:08,600 --> 00:07:11,600 Speaker 1: stock take of your finances, which yes, of course can 135 00:07:11,640 --> 00:07:15,080 Speaker 1: include your mortgage. Day three, so day three is about 136 00:07:15,120 --> 00:07:19,960 Speaker 1: setting financial goals. I am a goal addict. I am 137 00:07:20,000 --> 00:07:22,200 Speaker 1: completely obsessed with goals. If I don't have a goal 138 00:07:22,240 --> 00:07:24,200 Speaker 1: in my life, I just feel out of whack. I 139 00:07:24,280 --> 00:07:29,040 Speaker 1: lose my sense of balance, I get distracted, I waste precious, 140 00:07:29,160 --> 00:07:32,600 Speaker 1: valuable time, and I can come. I guess I could 141 00:07:32,680 --> 00:07:34,680 Speaker 1: say I have an element of self destruction there. So 142 00:07:34,880 --> 00:07:39,160 Speaker 1: this is about setting meaningful goals for ourselves, and meaningful 143 00:07:39,160 --> 00:07:42,400 Speaker 1: goals with deadlines. And I promised to you I'm not 144 00:07:42,400 --> 00:07:45,400 Speaker 1: going to talk about that generic smart goal strategy. Yes 145 00:07:45,440 --> 00:07:47,720 Speaker 1: it is very valuable and very helpful, but I'm going 146 00:07:47,760 --> 00:07:50,080 Speaker 1: to go deeper with you when it comes to setting goals, 147 00:07:50,080 --> 00:07:52,680 Speaker 1: and again we will pick up on our why in 148 00:07:52,800 --> 00:07:55,920 Speaker 1: setting those goals so that you really do have a 149 00:07:56,040 --> 00:08:00,480 Speaker 1: proper roadmap for your financial journey. And remember, a goal 150 00:08:00,520 --> 00:08:03,320 Speaker 1: without a plan is just simply a wish. So it's 151 00:08:03,360 --> 00:08:06,720 Speaker 1: about taking your whys, understanding about where you stand and 152 00:08:06,760 --> 00:08:09,200 Speaker 1: then building some goals as to where you want to 153 00:08:09,320 --> 00:08:11,880 Speaker 1: land by the end of twenty twenty five. And we 154 00:08:12,320 --> 00:08:15,040 Speaker 1: really are hitting the ground running for twenty twenty five, 155 00:08:15,120 --> 00:08:17,560 Speaker 1: so that is day three. What will be covering Day 156 00:08:17,600 --> 00:08:20,920 Speaker 1: four is about actually refining those goals, so taking those 157 00:08:20,960 --> 00:08:24,200 Speaker 1: goals to a next level. Often when I'm writing my goals, 158 00:08:24,560 --> 00:08:26,760 Speaker 1: I write them down and I think, yep, that's done. 159 00:08:26,960 --> 00:08:29,600 Speaker 1: But it's not until I come back, typically about twenty 160 00:08:29,640 --> 00:08:32,920 Speaker 1: four hours later, and I reread those goals. I actually 161 00:08:32,920 --> 00:08:37,319 Speaker 1: find I'm able to add some important ingredients to those 162 00:08:37,320 --> 00:08:41,160 Speaker 1: goals a go deeper. I add some keywords to those goals. 163 00:08:41,559 --> 00:08:44,360 Speaker 1: I change the tents of these goals. I change them 164 00:08:44,360 --> 00:08:49,319 Speaker 1: to the present moment, which really kickstarts my sense of 165 00:08:49,440 --> 00:08:52,800 Speaker 1: empowerment and motivation, and it means that the wheels are 166 00:08:52,920 --> 00:08:55,920 Speaker 1: in motion rather than constantly telling myself I'm going to 167 00:08:55,880 --> 00:08:57,480 Speaker 1: do this. I'm going to do this, I flick it 168 00:08:57,520 --> 00:09:01,160 Speaker 1: to I am doing this, which then organically comes out 169 00:09:01,200 --> 00:09:04,960 Speaker 1: in my actions every single day without really trying. So 170 00:09:05,200 --> 00:09:08,520 Speaker 1: really about going deeper and deeper, deeper as possible, deeper 171 00:09:08,559 --> 00:09:12,720 Speaker 1: as we could possibly go, and redefining our goals and 172 00:09:12,800 --> 00:09:15,760 Speaker 1: really reflecting as to what is important to us, what 173 00:09:15,960 --> 00:09:19,200 Speaker 1: is actually a priority, what is a non negotiable and 174 00:09:19,320 --> 00:09:22,280 Speaker 1: essential and something that we may have accidentally put on 175 00:09:22,320 --> 00:09:24,559 Speaker 1: our list of goals that actually isn't really that important 176 00:09:24,600 --> 00:09:27,080 Speaker 1: and doesn't really float our boat. We can get rid 177 00:09:27,120 --> 00:09:29,760 Speaker 1: of those fluffy, flaky goals and just really hone in 178 00:09:30,040 --> 00:09:32,199 Speaker 1: as to what is really important, what we really want 179 00:09:32,240 --> 00:09:34,880 Speaker 1: to achieve for this particular year, so that and we 180 00:09:34,920 --> 00:09:37,760 Speaker 1: have this crystal clear sense of commitment in our lives. 181 00:09:38,559 --> 00:09:42,880 Speaker 1: Day five is then focused purely around superannuation. So we're 182 00:09:42,880 --> 00:09:46,120 Speaker 1: going to be looking at where is our superannuation, how 183 00:09:46,240 --> 00:09:49,240 Speaker 1: is it invested? Is the right type of investment for us? 184 00:09:49,320 --> 00:09:51,640 Speaker 1: And our goals? Now that we have those really clear 185 00:09:52,280 --> 00:09:56,280 Speaker 1: and really getting down and dirty with how much we 186 00:09:56,320 --> 00:09:58,760 Speaker 1: really need for retirement, you know, I'm going to be 187 00:09:58,760 --> 00:10:01,640 Speaker 1: giving you some formulas and colors, some numbers to really 188 00:10:01,800 --> 00:10:04,640 Speaker 1: think about as to how much money we need in super, 189 00:10:05,120 --> 00:10:08,600 Speaker 1: so that you stop following what the averages are out there, 190 00:10:08,600 --> 00:10:11,679 Speaker 1: because in my mind and my not just my personal mind, 191 00:10:11,720 --> 00:10:14,080 Speaker 1: but in my professional mind, the averages of what the 192 00:10:14,280 --> 00:10:17,560 Speaker 1: average Australian has in their superannuation is far too low. 193 00:10:17,600 --> 00:10:19,480 Speaker 1: So I really want to stop people thinking, well, the 194 00:10:19,480 --> 00:10:21,560 Speaker 1: average person's got two hundred thousand super. I've got one 195 00:10:21,600 --> 00:10:24,080 Speaker 1: hundred and ninety two thousand SUPER. I'm fine, No you're not. 196 00:10:24,120 --> 00:10:26,719 Speaker 1: It doesn't actually work like that. You need to think 197 00:10:26,760 --> 00:10:29,960 Speaker 1: about what you want on your terms and build up 198 00:10:29,960 --> 00:10:32,440 Speaker 1: towards that number. And as you know from listening to 199 00:10:32,480 --> 00:10:36,360 Speaker 1: this podcast, channel, superannuation is one of your most powerful 200 00:10:36,400 --> 00:10:41,320 Speaker 1: tools for long term wealth. So awareness now can make 201 00:10:41,480 --> 00:10:44,120 Speaker 1: all the difference for your future. Trust me on that 202 00:10:44,640 --> 00:10:47,360 Speaker 1: Day six is going to be a continuation of Superannuation, 203 00:10:47,440 --> 00:10:49,320 Speaker 1: and of course, yes, I promise you will be touching 204 00:10:49,320 --> 00:10:52,880 Speaker 1: on budgeting and cash flow because they do work in unison. 205 00:10:53,000 --> 00:10:55,720 Speaker 1: We're getting more money into your superannuation and of course 206 00:10:55,800 --> 00:10:59,120 Speaker 1: achieving all of those goals. Day eight we're going to 207 00:10:59,160 --> 00:11:02,840 Speaker 1: be talking about investing, talking about the various different types 208 00:11:02,880 --> 00:11:06,280 Speaker 1: of investments, but I really will be touching on shares 209 00:11:06,400 --> 00:11:08,720 Speaker 1: because that's an area that I'm so passionate about, in 210 00:11:08,760 --> 00:11:12,320 Speaker 1: particular Australian industrial shares. As you may know, I'm a 211 00:11:12,400 --> 00:11:15,800 Speaker 1: huge fan of Peter Thornhill and his investment philosophy, which 212 00:11:15,840 --> 00:11:18,480 Speaker 1: is one of the key strategies of my own financial 213 00:11:18,520 --> 00:11:21,480 Speaker 1: game plan. We're going to be talking about building passive 214 00:11:21,480 --> 00:11:24,719 Speaker 1: income long term, growing passive income, and you'll see from 215 00:11:24,720 --> 00:11:27,280 Speaker 1: listening to this particular challenge and following and doing the 216 00:11:27,320 --> 00:11:32,880 Speaker 1: tasks that investing is key to financial independence, not just savings, guys, 217 00:11:33,280 --> 00:11:35,840 Speaker 1: investing and this task that I'm going to give you 218 00:11:35,960 --> 00:11:38,960 Speaker 1: helps you see the actual potential of passive income in 219 00:11:39,000 --> 00:11:43,000 Speaker 1: your life. Particularly when you receive your first passive income 220 00:11:43,120 --> 00:11:46,000 Speaker 1: check or deposit, the penny's going to drop and you'll 221 00:11:46,000 --> 00:11:49,360 Speaker 1: see how this actually fits into your bigger financial picture. 222 00:11:49,600 --> 00:11:52,320 Speaker 1: Day nine, we're going to be focusing on insurance. Not 223 00:11:52,360 --> 00:11:55,400 Speaker 1: just general insurance like your home and contents insurance, but 224 00:11:55,920 --> 00:12:00,559 Speaker 1: talking about personal insurance. What happens if you work due 225 00:12:00,559 --> 00:12:02,080 Speaker 1: to a medical reason. Who's going to pay the rent, 226 00:12:02,120 --> 00:12:03,679 Speaker 1: who's going to pay the mortgagees you're going to put 227 00:12:03,679 --> 00:12:06,160 Speaker 1: food on the table. This is why things like income 228 00:12:06,160 --> 00:12:08,679 Speaker 1: protection are really important to have in your life, and 229 00:12:08,800 --> 00:12:11,280 Speaker 1: you've got to be considering as to whether they are 230 00:12:11,400 --> 00:12:13,080 Speaker 1: right for you. And I when I say if they're 231 00:12:13,160 --> 00:12:15,920 Speaker 1: right for you, I'd say about ninety percent of Australian's 232 00:12:15,920 --> 00:12:20,120 Speaker 1: need income protection. Unless you are you know, swimming in cash, 233 00:12:20,200 --> 00:12:23,040 Speaker 1: have absolutely no debt, and you know an excessive amount 234 00:12:23,080 --> 00:12:26,520 Speaker 1: of passive income that exceeds your living expenses, it is 235 00:12:26,600 --> 00:12:29,719 Speaker 1: highly likely that you need income protection. So not only 236 00:12:29,720 --> 00:12:31,520 Speaker 1: are we going to be looking at if you're needing 237 00:12:31,840 --> 00:12:34,679 Speaker 1: protection or not, be looking at making sure helping make 238 00:12:34,720 --> 00:12:37,439 Speaker 1: sure that you have the right type of income protection 239 00:12:37,559 --> 00:12:39,240 Speaker 1: in your life. And it won't be just income protection. 240 00:12:39,280 --> 00:12:42,600 Speaker 1: We'll be talking about life cover, tipity cover and trauma 241 00:12:42,679 --> 00:12:46,360 Speaker 1: cover as well. And then Day ten. Day ten is 242 00:12:46,400 --> 00:12:50,440 Speaker 1: about reflecting and planning ahead. I don't want this to 243 00:12:50,520 --> 00:12:53,319 Speaker 1: be a ten day challenge that you do tick off 244 00:12:53,640 --> 00:12:55,840 Speaker 1: and then just go back to your normal day every life. 245 00:12:56,280 --> 00:12:59,440 Speaker 1: I want this ten day challenge to have a profound 246 00:12:59,520 --> 00:13:01,920 Speaker 1: impact in your life. I want it to be the catalyst, 247 00:13:02,400 --> 00:13:05,360 Speaker 1: the breakthrough, the shift in your life where you actually 248 00:13:05,400 --> 00:13:09,120 Speaker 1: realize how powerful you are, how capable you are to 249 00:13:09,200 --> 00:13:12,720 Speaker 1: make powerful positive improve moods in your life. With money 250 00:13:13,080 --> 00:13:16,520 Speaker 1: and with growing financial freedom and harmony in your life. 251 00:13:16,600 --> 00:13:19,319 Speaker 1: So this is where we're going to be investing time, reflecting, 252 00:13:19,800 --> 00:13:22,720 Speaker 1: looking at what you've just achieved for yourself, looking at 253 00:13:22,760 --> 00:13:24,720 Speaker 1: what you want to build upon, what you want to 254 00:13:24,760 --> 00:13:28,760 Speaker 1: continue on, including incorporating into your days, into your life 255 00:13:28,800 --> 00:13:32,640 Speaker 1: going forward throughout twenty twenty five. It's about staying on track, 256 00:13:32,720 --> 00:13:35,680 Speaker 1: it's about staying in control, and of course continuing to 257 00:13:35,760 --> 00:13:40,760 Speaker 1: make yourself accountable. Reflecting really solidifies your progress and it 258 00:13:40,800 --> 00:13:45,640 Speaker 1: helps turn these insights into lifelong habits. So that is 259 00:13:45,720 --> 00:13:49,280 Speaker 1: what the ten Day Sugar Mamma Challenge in a nutshell, 260 00:13:49,800 --> 00:13:51,600 Speaker 1: as I mentioned, I'm going to be doing this with 261 00:13:51,679 --> 00:13:53,720 Speaker 1: you and not sitting here on my high horse giving 262 00:13:53,720 --> 00:13:56,120 Speaker 1: you instructions. I'm actually getting down and dirty with you 263 00:13:56,160 --> 00:13:59,280 Speaker 1: and facing the reality of my own financial situation and 264 00:13:59,320 --> 00:14:02,040 Speaker 1: looking at what I can do myself but Tom and 265 00:14:02,080 --> 00:14:05,280 Speaker 1: I within my family to improve our financial wellbeing and 266 00:14:05,320 --> 00:14:09,240 Speaker 1: continue on going from strength to strength. At all times, 267 00:14:09,559 --> 00:14:13,800 Speaker 1: I'm here to help you. So if you have any 268 00:14:13,880 --> 00:14:19,000 Speaker 1: questions about this particular challenge, the task, the exercises, what 269 00:14:19,160 --> 00:14:22,160 Speaker 1: you are discovering about yourself, I'm going to ask that 270 00:14:22,240 --> 00:14:27,320 Speaker 1: you please put your question in the Instagram reel that 271 00:14:27,440 --> 00:14:32,240 Speaker 1: I share each morning at seven am. How to explain this? 272 00:14:32,520 --> 00:14:36,520 Speaker 1: So basically, my Instagram account has been inundated with porn, 273 00:14:36,880 --> 00:14:39,680 Speaker 1: which is horrible. So if you send me a DM, 274 00:14:39,760 --> 00:14:42,520 Speaker 1: it is highly likely that your DM will get lost 275 00:14:43,040 --> 00:14:47,600 Speaker 1: in the really inappropriate content that I somehow cannot block 276 00:14:47,720 --> 00:14:50,840 Speaker 1: in my life. Right now, now, by you putting your 277 00:14:50,920 --> 00:14:55,800 Speaker 1: question in the reel as a comment, I will then 278 00:14:56,080 --> 00:14:58,600 Speaker 1: see it and I can then send you a DM. 279 00:14:58,960 --> 00:15:01,480 Speaker 1: Of course, you do not to go and share confidential, 280 00:15:01,520 --> 00:15:04,120 Speaker 1: private information. That's not what about For me to actually 281 00:15:04,120 --> 00:15:06,720 Speaker 1: see your question, I need to see it as a comment. 282 00:15:07,360 --> 00:15:09,440 Speaker 1: And one other thing I would love to love for 283 00:15:09,480 --> 00:15:12,520 Speaker 1: you guys to do is get your friends, your family. 284 00:15:12,880 --> 00:15:15,360 Speaker 1: If you have a partner or a husband, or someone 285 00:15:15,480 --> 00:15:17,360 Speaker 1: you really love that you think would benefit from doing 286 00:15:17,360 --> 00:15:19,760 Speaker 1: this ten day challenge, tag them in all of the 287 00:15:19,800 --> 00:15:22,920 Speaker 1: reels so that they can be a part of this. Now, 288 00:15:22,960 --> 00:15:24,640 Speaker 1: for anyone who's got a bit of a busy week 289 00:15:24,640 --> 00:15:27,200 Speaker 1: ahead as they most of us return back to work, 290 00:15:27,560 --> 00:15:29,640 Speaker 1: please know that if you miss a day, it is 291 00:15:29,720 --> 00:15:32,680 Speaker 1: not disastrous. You can very easily catch up because whilst 292 00:15:32,720 --> 00:15:36,040 Speaker 1: I'll be sharing the instructions as a story. The instructions 293 00:15:36,080 --> 00:15:40,200 Speaker 1: will also be saved as a reel on the Sugar 294 00:15:40,240 --> 00:15:44,920 Speaker 1: Mama Instagram account grid. So for example, so you miss 295 00:15:44,960 --> 00:15:47,640 Speaker 1: Thursday and Friday, that's okay, you can use the weekend 296 00:15:47,720 --> 00:15:51,200 Speaker 1: to catch up. You will have all the constructions to 297 00:15:51,360 --> 00:15:55,400 Speaker 1: follow clearly saved and again to remind you, if you 298 00:15:55,440 --> 00:15:58,120 Speaker 1: have questions, put them as a comment in the reel. 299 00:15:58,200 --> 00:15:59,840 Speaker 1: Please don't send me a DM because I will miss 300 00:15:59,880 --> 00:16:03,480 Speaker 1: it amongst all the prolific information that I've been sent 301 00:16:03,720 --> 00:16:07,880 Speaker 1: by spam unfortunately. So I am incredibly excited about this challenge, 302 00:16:07,920 --> 00:16:10,280 Speaker 1: and of course don't forget to go and follow Adam 303 00:16:10,320 --> 00:16:12,200 Speaker 1: McKay from Blue Lantern if you have a mortgage and 304 00:16:12,240 --> 00:16:14,760 Speaker 1: you want to also tackle your mortgage wells also doing 305 00:16:14,800 --> 00:16:18,440 Speaker 1: this reset challenge. It is so exciting to do this. 306 00:16:18,600 --> 00:16:21,760 Speaker 1: I am. I've been building up all weekend. I actually 307 00:16:21,760 --> 00:16:25,760 Speaker 1: got quite sick last week and I prioritize getting to sleep, 308 00:16:25,840 --> 00:16:29,320 Speaker 1: letting my body rest, quitting all those gym workouts that 309 00:16:29,360 --> 00:16:31,280 Speaker 1: I have planned so I could ensure that I am 310 00:16:31,360 --> 00:16:33,920 Speaker 1: launching this morning on a pole of a positive healthy 311 00:16:34,000 --> 00:16:37,960 Speaker 1: fit note with a huge sense of clarity, motivation that's 312 00:16:38,000 --> 00:16:40,920 Speaker 1: going to hopefully support you and benefit you for the 313 00:16:41,040 --> 00:16:44,240 Speaker 1: next ten days as we work together. So thank you 314 00:16:44,400 --> 00:16:47,280 Speaker 1: everybody for listening to this morning's episode. I have linked 315 00:16:47,280 --> 00:16:50,200 Speaker 1: my Instagram account. I have also linked my TikTok account. 316 00:16:50,240 --> 00:16:52,520 Speaker 1: I've got on linked Adam's account as well, because that's 317 00:16:52,560 --> 00:16:54,240 Speaker 1: a great resource as well, even if you're not doing 318 00:16:54,280 --> 00:16:56,440 Speaker 1: this particular challenge, if you're interested in getting out a 319 00:16:56,440 --> 00:16:58,920 Speaker 1: loan or debt, recycling and so forth, and again a 320 00:16:58,960 --> 00:17:02,160 Speaker 1: reminder TikTok is where there'll be additional information and a 321 00:17:02,280 --> 00:17:07,679 Speaker 1: longer explanation of each daily task. All right, everyone so excited, 322 00:17:07,920 --> 00:17:11,399 Speaker 1: let's do this. Bring on twenty twenty five. This is 323 00:17:11,480 --> 00:17:14,240 Speaker 1: Sugar Mama's fireplay, and thank you for listening.