In this episode, Ryan and Terry discuss different strategies for spending your time, talent and money to capitalise on the opportunities that present as a result of COVID-19. Also, in this episode: Why 'self-care' meme's are dangerousThe simple litmus test that can explain your financial progressThe most important investment you can make right now (and why it's not money) How to zero in on the most lucrative opportunities that are hiding in plain sightWhat to do before throwing your money in the market while shares are cheapShow noteshttps://cashflodojo.com/budgetingforcovid-19/https://cashflodojo.com/5-books-that-will-help-you-make-good-career-decisions/Our website www.cashflodojo.comBook a call with us. https://calendly.com/cashflodojo/strategycallFollow our socialshttps://www.instagram.com/cashflodojo/https://www.facebook.com/Cashflodojo/

Passive Income Project

The ultimate guide to surviving the COVID-19 cash crunch (part 2)

In this episode, Ryan and Terry discuss the most powerful insight they've learned for realising potential and achieving big ambitious goals. If you've set big goals for the year and what the cheat code for success, this episode is for you. Also in this episode:The biggest mistake we tend to make when going after our goals - and why the smartest people are the most prone to making this mistakeThe simple if-then rule that completely changes what's possible by unlocking latent potential and freeing up our time. An easy way to make decisions about how to use money to leverage this insight and achieve your goals without burning out. Show notes and links:https://cashflowco.com.au/clone-of-family-finance-how-to-get-ahead-on-a-middle-income-with-kids/?preview=trueFour Factor Insiders Training:https://cashflowco.com.au/fourfactors/

21 How to unlock achievement and abundance (without burning out)

In this episode, Terry chats with Leigh aka Family Finance of Youtube. Together they discuss the ins and outs of supercharging savings for a family earning a middle income with multiple children and a mortgage. If you've been looking for some inspiration or even a bit of a kick up the butt, this episode is for you. Also in this episode:The big life moment that made Leigh suddenly start taking saving and investing more seriously. How money is managed in the Family Finance home. Leigh's distinction between saving and delayed spending Her secret for keeping living expenses below 5.5k per monthHow her idea of investing has changedHer top 3 resources for those getting startedepShow notes and links:https://cashflowco.com.au/familyfinance/Four Factor video training:https://cashflowco.com.au/fourfactors/

#20 Family Finance | how to get ahead on a middle income with kids

In the second episode of their two-part series on sustainable saving, Ryan and Terry pull back the curtain on their unique method for money management. The guys explain what money mapping is, and the important ways it differs from most popular prescriptions. Then they dive into a detailed explanation of the seven principles it is built on. If you've been looking for an evidence-based approach that works with the way you're wired instead of against it, this episode is for you. Also in this episode: How to use the brains inbuilt instinct to automatically improve your personal finance decisions. How to make money management addictive and enjoyable so that it becomes sustainable. The surprising cause of impulse purchases and overspending. How to spend money without feeling guilty. The number one way to obliterate financial stress and anxiety (or how money is like sand when we use it the wrong way). What emotionally charged political stoushes on Facebook have to do with percentage-based saving prescriptions. How to get as motivated as 'Tony Robbins on crack cocaine' to master your money life. Why focusing on what you saved is dumb (and what to do instead). Show notesFind the ultimate guide here ? https://cashflowco.com.au/pip19/Learn more about the 12 week money mentorshipFREE training: Four factor cashflow analysis

How to save sustainably (and break up with money worries for good) Part 2

In the first of two episodes, Ryan and Terry explain their 6 week hiatus, and lift the lid on exactly how their approach to money management differs from popular personal finance prescriptions.  Also, in this episode. The faulty assumption most savings solutions are based upon (and how it leads us astray) The big problem with popular personal finance prescriptionsThe single question at the source of all money worriesThe only way to break up with money worries for good. Show noteshttps://cashflowco.com.au/save-money-sustainably/The ultimate guide: how to save sustainably and break up with money worries for goodhttps://cashflowco.com.au/save-money-sustainably/FREE training: Four Factor cashflow analysishttps://cashflowco.com.au/fourfactors/

How to save sustainably (and break up with money worries for good) Part 1

Spending less doesn't have to mean deprivation. In this episode, Ryan and Terry chat with Gab Pappalardo. Gab has been a part of the program since day one and in this episode she talks about her transformation from 'material girl' to elite money manager and informed investor.Also in this episode:The moment Gab thought 'maybe this isn't for me' (and what caused her big backflip).How to find the balance between saving and investing for later and living in the now. How to spend $1500 in a night and feel zero guilt. How to use a 'project mentality' to work on different areas of your life.  The left field (non money) book recommendation that had the biggest impact on her journey. Show notes:https://cashflodojo.com/gab/

Gab Pappalardo | How to spend less and live more

#15: Financial independence requires a level of confidence. But sometimes we can get stuck in indecision not wanting to make a mistake. In this episode Ryan and Terry discuss why we need frameworks for financial decisions and Terry walks through a live example from Ryan's life. These fourteen questions will help you sidestep indecision and avoid the predictable mistakes we make when making big money moves. Also in this episode:How decision making is correlated to goal achievement.The surprising reason why pros avoid using 'intuition' for high stakes decisions.How to use an idea from the scientific method to avoid misjudging your decisions and needlessly changing your approach.How to uncover the arena's in which you can manage and mitigate risk before you pull the trigger.How to 'play the odds' using expected utility to improve your decision making. How to 'read the play' and see two and three moves ahead to anticipate outcomes before you decide. The simple question that creates conviction and empowers you to execute a decision in the face of irreducible uncertainty.Why setting a review date protects you from yourself and others. Show notes:https://cashflodojo.com/14-questions/FREE Training:https://cashflodojo.com/howmoneyworks/

These 14 Questions will help you avoid making big money mistakes (and stack the odds in favour of your success)

In this episode, Ryan and Terry walk through a simple, three-step approach to picking financial products in the publicly traded markets to build passive income and wealth over time. Also in this episode. When you should forget about investing and what to focus on instead. Why owning your investing decisions (not outsourcing them) improves your odds of long term success. How mall shopping can help you understand financial product picking.  The three core decisions you'll need to make (and how to think about each). The resources, tools that can save you time and improve your decisions. Show notes:https://cashflodojo.com/how-to-pick-financial-products/FREE TRAINING: How money workshttps://cashflodojo.com/howmoneyworks/

How to pick financial products (and avoid analysis paralysis)

In this episode, Ryan and Terry delve into the history of humanity to answer some commonly held questions about the stock market. What is it really? How does it work? and is it really a risky place to put your money? Also in this episode:What the stock market has in common with 'gluten' Why human endeavour is the stock market and the stock market is human endeavor.  The birth of passive income and income investing. A simple intuitive definition that explains the form and function of the stock market. The two types of people that use the stock market and the two different things each uses it for. The difference between 'stock picking' and investing. Show noteshttps://cashflodojo.com/how-the-share-market-works/FREE traininghttps://cashflodojo.com/howmoneyworks/

How the share market works

In this episode, Terry chats with the Aussie Firebug: a cult figure in the Australian FIRE community. Matt recounts his journey and lessons in chasing financial independence and what it's like to be within arms reach at just thirty. Also in this episode:Matt's biggest influences and the book he recommends to understand the stock market. What retirement means to Matt and what he'll do with his time when he gets there The most important thing most people miss when it comes to financial independence The hidden cost of focusing on the wrong things for financial independenceWhat was behind Matt's shift from property to shares as a vehicle for financial independence. The two biggest decisions Matt was able to make because of his financial position (that otherwise would not have been possible)What it feels like to know that money worries won't impact his life or relationships.  Show notes 

Aussie Firebug | How to Fast Track Financial Independence (without living like a hermit)

The financial impact of COVID-19 has been significant and stressful. In this episode, Ryan and Terry offer some practical tools and tips for stretching your dollar further and building your financial defence as we enter what looks to be a global recession. Also in this episode:The shocking sum of money that dipping into your super could ultimately cost you. Why fixing your mortgage is a bad idea if you can afford not to. The four one time actions that will help you save without any extra effort on your part. Our 60minute budgeting challenge and tools that will help you rapidly build a cash cushion for what's coming. Episode show notes (with all links) - https://cashflodojo.com/budgetingforcovid-19/Cashflo crunch - https://cashflodojo.com/cashflocrunch/

The ultimate guide to surviving the COVID-19 cash crunch (part 1)

In the final episode of their first season, Ryan and Terry talk action. They discuss what drives the internal resistance that keeps us scared and stuck, and how to tackle the money monster one step at a time. Here's what you'll learn:The difference between gathering information and gaining knowledge. The two seductive stories that cripple us financially.  The three beliefs at the heart of our financial apathy. The ultimate cost of indecision (and why it's so easy to ignore). A simple 5 step process for slaying the money monster using the secrets of a Stanford behaviour scientist. If you tend to sit on the sidelines and drag your heels with money decisions, this episode will help you get into the game and start making moves with your money. Episode links:Action Worksheet (download) Book a chat with us to ask a question

S1 E10: How to stop spinning your wheels and start taking action to improve your money life

In this episode, Ryan and Terry discuss the number one rule of wealth creation, and why most people unwittingly ignore it at their peril. Also in this episode:What the pass your hat around ritual has to do with insuranceWhy taking out insurance is one of the noblest things you can doThe four core components of any wealth protection portfolioThe crazy inconsistency that puts most of us at huge financial risk Why using brokers can be your best friends, and sometimes your worst advisers when it comes to insurance (and how to avoid being duped) The two biggest mistakes those who already have 'cover' tend to makeFacebook pageInstagramWebsite

S1 E9: How to avoid financial catastrophe

In their most ambitious episode yet, Ryan and Terry lift the lid on some of the most valuable mental models used by top money managers and successful investors. You'll discover the four fundamental concepts every investor should understand to avoid big money mistakes. You'll also learn why some of the 'safest' places to put your money might actually be the riskiest, and how the 'riskiest' might just be the safest. If you know enough to know that you need to be investing but have been concerned you don't know enough to make an informed decision, this episode is for you. 

S1 E8: how to invest intelligently (part 2)

In the third instalment of the escape plan series, Ryan and Terry demystify investing. The discussion is centred around breaking down and through the big barriers that get in the way of learning and doing. Also in this episode: The biggest misconceptions and myths that surround investing and 'investors'. The crucial difference between investing and speculating. The three precious resources you have to invest (and how to think about investing them)The hierarchy of how to invest your money - and where you'll always get the best return. Why we fear investing (and who is responsible). The true cost of sitting on the sidelines.If you've been sitting on a stack of cash and worried about making a big mistake with your money, start here and look out for part two of this instalment.

S1 E7: How to invest intelligently (part 1)

Two young Aussies discuss their journey and lessons in personal finance, investing and career success.

hubhopper

The ultimate guide to surviving the COVID-19 cash crunch (pa...

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