Pinnacle Wealth Solutions in Emu Park, Queensland | Financial service
Pinnacle Wealth Solutions
Locality: Emu Park, Queensland
Phone: +61 438 460 860
Address: Po Box 204 4710 Emu Park, QLD, Australia
Website: http://www.pinnaclewealth.org
Likes: 131
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24.01.2022 Do you know what the difference is between being rich and being wealthy? When I was a young boy, my rich dad told me about the difference between being rich and being wealthy Many people think that being rich and being wealthy are the same thing. But there is a difference between the two... The rich have lots of money, but the wealthy don't worry about money." What rich dad meant was that while the rich might have lots of money, they also might have lots of expenses keeping them up at night. Expenses like a mortgage, car payments, credit cards, and more. Often if you're rich (but not wealthy), you have a high paying job to pay for all these expenses. You have to get up every morning and WORK HARD for your money. Unfortunately, that also means if you lose your job, like many are right now, it’s time to panic, because that money can run out quickly when there are no more paychecks coming in. Sometimes even within days! So, while BEING RICH means you might have lots of money, you don't have any real financial freedom. BEING WEALTHY means you don't have any worries about money or a job. Simply put, being wealthy is your ability to sustain your lifestyle without having to work. Wealth is measured in time, not dollars. Financial freedom is essentially freedom of time And passive income is what gives you freedom of time. Passive income keeps coming in whether you work or not even while you sleep! So, my question to you is In this current economic crisis and while there are still many people in lockdown or out of work... Are you wealthy enough to live the way you truly want to? There are only so many hours in a day, so I suggest you focus them on becoming wealthy, not rich. Robert Kiyosaki
23.01.2022 The biggest trap in life It’s not a lack of money It’s not even lack of knowledge... Rich dad said: The biggest trap in life isn't laziness or bad luck, it's comfort. It’s comfort that breeds laziness. I know that is true in my life. I get comfortable, I stop seeking knowledge, I get lazy and it affects my happiness and my wealth. If you get too comfortable you stop moving forward. You lose your momentum and getting started again becomes so much harder. The key is to never stop. And Never let comfort be your goal. It's selfish. It does not help others and it does not make the world a better place. Never lose momentum, Robert Kiyosaki
20.01.2022 I was 10 years old and I needed a new bike. A red bike with extra thick tires and a racing flag in the back. It was important that I have it.... When I asked my dad (my real dad also known as poor dad) he said, Robert, you don’t need a new bike. What you need is to learn to live below your means. I was deflated. Crushed. My excitement and my spirit died. As I walked to my best friend, Mike’s, house my shoulders were slouched and my head hung low. I told him what my dad had said Mike’s father is the man I call my rich dad. His ears perked up. He clearly saw a learning opportunity. Rich dad said, Robert, I disagree with your father. Instead of living like a poor church mouse, why don’t you focus on expanding your means. I’m sure I gave him a bewildered expression as I asked, What does ‘expanding my means’, mean? Rich dad explained: If you were to take a look at the difference between your dad’s budget and my budget, you’d understand the vast difference between how poor people budget and how rich people budget. Your dad’s budget focused on cutting expenses to meet his income. It was important for him to pay everyone else and then enjoy what was leftif anything. My budget focused on increasing income. It is important for me to pay myself first and then take care of my expenses. Most people use their budget as a plan to become poor or middle class rather than become rich. My budget is a plan to become rich. To sum up the difference, look at these two statements: Poor Dad: I can’t afford it. My poor dad believed it was wise to limit his experiences and desires. He believed in making himself small. He lived below his means. Rich Dad: How can I afford it? My rich dad believed in experiencing life to its fullest and growing his spirit. He just learned to ask himself how he could increase his monthly passive income to pay for his full life. He expanded his means. Which life would you prefer? Living a full life, Robert Kiyosaki
18.01.2022 Is anyone else guilty of 1 or all of these Work-at-Home mistakes http://ow.ly/U7WU50BnOrp
18.01.2022 Congrats to Klarissa & Bill Millett - First Home Buyers - All approved for their House and Land Package in Zilzie Bay Expect to Win!!
18.01.2022 Where are Australia’s house prices heading in 2021 According to the Queensland Times - First home buyers and real estate investors who were hoping to snap up a bargain from a COVID-19 house price fall are set to be disappointed. Home values in all states have been resilient this year and economists and real estate specialists say not even the looming end of JobKeeper and Australia's immigration slump will shatter this strength.... The latest figures from CoreLogic show prices in every capital city except Perth have climbed over the past 12 months despite the worst economic crisis since World War II. According to Property Update - there is a perfect storm of positive factors developing for our property markets next year a confluence of multiple growth drivers which will propel our property markets into 2021 and 2022. WHAT WILL DRIVE FUTURE DEMAND Ultra-low interest rates expected for several years Government spending, infrastructure and homebuyer initiatives Easier credit approval rules that have increased people's borrowing potential up to $100,000 Rising international demand for Australian property A return of immigration and foreign students Source: Metropole Property Strategists 2021 is shaping up to be a very positive year for property
15.01.2022 Queensland renters paying above asking price to secure housing in competitive market There's nothing worse than getting caught in the rental trap. Having your own home can give you security no matter which way the market is going. But how can you get into the housing market with limited deposit ... There are some solutions. Talk to us we may be able to assist you https://www.abc.net.au//qld-lowest-rental-vacancy/13039686
14.01.2022 "We are all faced with a series of great opportunities brilliantly disguised as impossible situations." - Charles R. Swindoll Keep your ears open to times when other people say things like, "If only I could...", or "That's impossible...", or "I can't because...". When you hear these sorts of comments, ask yourself, "What could solve this person's problems? How could a business be built around solving this problem for people?" ... You may discover a great business or investing idea that you can leverage into wealth. At the very least, it will get your mind in the habit of thinking like an entrepreneur. Impossible for others, is not impossible for you, Robert Kiyosaki
13.01.2022 Over the last six months, you’ve probably heard a friend, family member or even coworker mention bitcoin. Bitcoin and crypto-currencies are all the rage among investors at the moment and it's not surprising given the huge gains just this year alone. But is there a bad time to invest in Bitcoin and other Crypto's? Yes. When you are greedy and uneducated!!
13.01.2022 Everyone is doing it wrong or at least the hard way. One of the things most difficult lessons I teach my Rich Dad community is that saving money is equivalent to losing money. Most people think that saving money is smart. It’s not! Saving money is losing money.... How can this be? Everyone teaches to save! Save! Save! Here’s the story. In 1971 Nixon took the US dollar off the gold standard. This means that gold no longer backs the dollar. This causes inflation to rise and the value of the dollar to decrease. Ask yourself, did a dollar buy more or less ten years ago than it does now? (Answer: less) So, if you are saving money, the value of your pile of money is shrinking. At Rich Dad, we do not want you to be a saver. So, what should you do? Invest in yourself. Build a business. Buy a business. Use your money to buy or create a business! In short, put your money to work. Get your money to make money for you. Stop saving and start learning how to become an entrepreneur. So, while saving money is losing money, entrepreneurship is one of the fastest ways to earn a profit. Choose to be rich, Robert Kiyosaki
12.01.2022 How many times have you got an idea, even an amazing idea, started planning it out and then? You saw a flaw. Then you fix that flaw only to find another. And so on. You never take real action. You work so hard making your idea perfect that you never create anything.... There is a saying that says, Perfection is the enemy of progress. The saying is right, but it goes beyond that. You can correct a product, not a plan. You can’t correct a plan; you can just plan more. Once you create the product you are moving forward, and you can see what really needs to be correct. It's real, not hypothetical. But the problem is even deeper than that. If you can't get passed planning its proof of your fear. Fear keeps you planning, courage creates the product. Courage creates. Fear hesitates. Courage is the overcoming of fear. It’s time to create Robert K
09.01.2022 Not sure where this story came from but its message is worth dwelling on: One day an army of frogs were trudging through the jungle. Suddenly two of them fell into a deep pit. The rest of the frog army were terrified because they were sure their friends were going to die. You see the pit was very deep. When they saw how deep the pit was, they told the two frogs that there was no hope for them.... Faced with death, the fallen frogs chose to ignore their friend's advice and proceeded to try to jump out of the pit. Knowing how impossible the task was, the army of frogs at the top of the pit continued shouting that they should just give up as they’d never make it out. Eventually, one of the frogs took heed of what the others were saying and gave up, jumping even deeper to his death. The other frog continued to jump as hard as he could. Once again, the army of frogs yelled at him to stop the pain and to just die. The remaining frog focused himself and jumped even harder and finally made it out. When he got out, the other frogs said, Did you not hear us? The frog explained to them that he was deaf, and that he thought they were encouraging him the entire time. I’ve pondered this story many, many times. The lessons are numerous. There is the lesson of focus. The lesson of determination. But the lesson that hits me hardest is the power of words. When one frog thought the words were delivering a message of no hope, he gave up. He lost his own hope, even at the expense of his life. When the other frog thought the word being yelled were of encouragement he doubled his efforts and never gave up until he succeeded. This is why I truly believe that you must be EXTREMELY careful about the messages and words you allow into your head. Choose your friends and teacher wisely, Robert Kiyosaki
06.01.2022 Australia’s housing system is a ticking time bomb with only one percent of single welfare recipients able to afford a rental property before payment cuts, according to a charity’s report. Read full Report: http://ow.ly/Q7lF50Bfy4D
05.01.2022 Is Australia on the cusp of a national real estate boom? Does anyone remember 2001-2004 when property prices around the nation skyrocketed? Experts believe we are on the cusp of this occurring again. What do you think? Read the Article >> http://ow.ly/PC3S50BVYC5 Is it the time to invest in property
02.01.2022 Being money smart and savvy starts with analysing your spending habits. Tip >> Think about purchases in terms of cost per hour (according to your hourly wage) http://ow.ly/tQiK50BfKlk
02.01.2022 Now you own your data: the new world of ‘open banking’ explained. The promise of open banking is big; a new, simpler way to share your personal financial data between banks, lenders and financial companies. It started in July 2020. Here’s how it works and what it means to take back control of your data to get the best rates and offers. https://pinnaclewealth.org/the-new-world-of-open-banking-e/
02.01.2022 Congratulations to Grant & Sheree - First Home Buyers @ Zilzie Bay! Construction well on the way - meeting electrician on-site to select down lights, power points, air-cons etc
02.01.2022 Property Prices are expected to Boom.. according to the latest report from Yahoo Finance, where they have identified regions as five star growth markets, poised to deliver property price growth in the coming months and years!! And topping the QLD list (no.4 nationally) ROCKHAMPTON + Mackay/Gladstone/Whitsundays .....(by chance Pinnacle Wealth recently moved offices to Rockhampton ) What does it mean for you? If you're renting... rents could rise . If you own your own h...ome... your investment could substantially go up in value Want to get out of the Rent Rut - talk to us and let's see if we can help you into your own home. If it's not possible now, then we can suggest a roadmap for you, so that you are working to a plan to eventually move into Home Ownership No matter where you are located - talk to us and we can give you sound advice to achieve your financial and investment goals. https://au.finance.yahoo.com//house-prices-boom-pandemic-2
01.01.2022 I hear people say all the time, I’d love to be rich! ...but do they ever ask why? The people who don’t have a strong reason why, end up throwing in the towel in the face of obstacles and hand their money over to a broker hoping they’ll take their money and make them rich without any work.... The only way you can do it is if you have a motivating reason. For me, my reason for getting rich began with my don’t wants, which then gave me a more clear picture of my wants. Some things I DIDN’T want were - To work my entire life - Job security - A house in the suburbs - To be an employee - To be emotionally absent from my family and friends - To have nothing to pass on at the end of my life After I sat down and thought through everything in life that I DIDN’T want, I then had a clear picture of what I DID want - To travel the world - Live the lifestyle I love - Achieve financial freedom at a young age - Control over my time and life - Have my money work for me and once I knew those things that I wanted, it kept me going through the hard times. I lost a lot of money along the way, had plenty of deals fall through, and overshot my goal of being financially free by seven years. Through it all, my deep-seated reasons pulled me through to the other side. So, if you want to be rich, you need to start by asking yourself what your reason is for wanting to be rich. Make a list of your don’t wants and your do wants. If you find the right reason for achieving your goal, I promise you’ll find a way to get rich and escape the rat race. But it all starts with YOU. Once you have that reason, you’ll be motivated to show up each and every day, even when you’re frustrated or hit an obstacle. So, today is the day you determine your reason for getting rich. R.Kiyosaki
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