Plenitude Wealth in Brisbane City | Financial planner

Plenitude Wealth

Locality: Brisbane City

Phone: +61 422 010 352

Address: 225 Hawken drive 4067 Brisbane City, QLD, Australia

Website: http://www.plenitudewealth.com.au

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25.01.2022 Our Principal Adviser Andrew David Courtney talks to the Sydney Morning Herald about how to have an effective financial conversation with one's partner. A must read for all couples who don't see eye to eye financially. #conversationsmatter #financialsecurity #communicationiskey

25.01.2022 Are You Open Minded About Your Finances? As time passes by, your opportunity cost can either grow or dissipate. The status quo of following the herd and aiming to be just fine in retirement is not good enough. We need to consider other strategies to change the trajectory of our financial future. The issue most people have is they’re incapable of seeing what opportunities are out there because they think they know everything already. Managing personal finances hasn’t ...been taught in high schools, nor in the university system, therefore most people are in the same boat. Struggling to find answers and hoping for the best. By keeping an open mind and assessing your situation with an objective financial lens, you can implement small pivots that will create significant change in your financial trajectory. So where do you start? Know exactly what your finances look like and try to make all aspects of your finances (cash flow management, tax liability & investment performance) 1% better consistently throughout your lifetime. Do the necessary research to ensure you are always progressively getting better and if you don’t have the time, or the inclination to do so, don’t be afraid to ask for help. #personalfinance #financetips #freedom #goals #retireyoungretirerich #financialfreedom #financialsuccess #financialadvice #financialpeace #financialeducation #plantowin #financialliteracy #financecoach #financefreedom #financebroker #financeexpert #brisbanestyle #financialplanning #financialcoach #financialsecurity #financialhealth #financialplan #wealthywomen #brisbanefinance #plenitudewealth #getfinancefit #toowongadviser #wealthyminds #buildingwealth #wealthymen

25.01.2022 The Translational Research Institute is one of the premier research institutes in Australia. We feel privileged to have been invited to present at such a prestigious institution. Our Get Finance Fit Workshop is proving to have hit the mark with a great turn out for the first of five days. We look forward to educating more and more people as we strive to achieve our goal of educating 1,000,000 individuals before 2028. #getfinancefit #workplaceworkshops #personalfinance #stressfreefinance #socialenterprise #createchange

25.01.2022 Our very own Andrew was quoted on Finder.com.au about life insurances and how people may consider covering their parents. See the article below: https://www.finder.com.au/life-insurance-for-elderly-parents #FreedomAbundanceChange

25.01.2022 My own view is that every company requires a long term view. - Jeff Bezos We agree with Bezos about this and we belive that it can be applied to our personal life, too. We'd have obstacles and challenges along the way, but we should always remember to keep our eyes on our goal #facts #entrepreneur #business #mindset #knowledge #brisbanelife #businessowners #brisbane #brisbaneblogger #financialadviser #habits #brisbanecity #brisbanebusiness #educationiskey #selfeducation #purpose #brisbaneanyday #brisbanestyle #entrepreneurship #selfeducate #enlightenment #brisbaneigers #supplier #startup #smallbusiness #entrepreneurs #entrepreneurlife #businesswoman #grind #businessman

24.01.2022 This is the most underrated concept in building personal wealth today. The status quo is to save, buy a house, pay it off, save some more and invest in your superannuation. This conservative strategy has a 40 year time horizon and has worked for most people. The paradigm these individuals believe in is the ownership paradigm. They typically say, I don’t own my home until I’ve paid the bank off therefore I need to focus on paying it off as fast as possible. Unfortunately, peop...le who think this way don’t realise that there are other ways to achieve financial success. It’s completely fine to go down this path but one must understand that this is the path of least resistance and it takes multiple decades to amass wealth. The control paradigm opens up a whole new avenue of wealth creation. The concept is simple. If you have complete control of all of the upside, why do you need to do more work than is necessary to achieve the same results? What if you owned 20% of an asset and controlled all of the income and capital growth and didn’t need to keep paying it off? Having leverage for the right assets bolsters your ROI. By controlling assets, we can build a financial foundation that provides security, flexibility, adaptability and efficiency.

24.01.2022 Don’t Undermine Your Portfolio - Find Out Which Investment Strategies Work For You Having an investment strategy should be a part of everyone’s financial plan. Unfortunately, most people are only aware of 4 or 5 financial moves. What if I told you that we were going to be playing chess and that you only get to play with four pieces relative to my 16? How would you feel? You’d feel short changed right? You wouldn’t want to play. They say that ignorance is bliss, but not when i...t comes to building portfolios and investing. Ignorance equates to mounting opportunity cost. Opportunity cost usually comes in the form of time wasted. We all know that time is the most valuable commodity we have. We only have one shot in life so we better make the most of it. Having a robust, yet flexible plan of attack helps. Get control of your life by putting systems in place to ensure you are using all the resources available to you. We all should be aiming for synergistic results, not the normal reductionist approach everyone seems to take. #investment #portfolio #brisbane #brisbanelife #brisbanecity #australia #strategy #financialadvice #financialtips

23.01.2022 How Should You Be Building Your Portfolio? The four basic asset classes we all invest in are cash, fixed income, property & shares. There are a wide variety of other assets out there but for the sake of simplicity, we will only cover these four. The returns investors tend to look at are income producing returns or capital growth returns. We have to seriously consider what kind of asset classes we invest in at every stage of our lives. I personally invest in asset...s that are geared towards growth as I currently don’t need an income from my investments to support my lifestyle, let alone the extra tax I would need to pay. Defining your financial goals is a very important starting point for each investor’s journey. Depending on your risk appetite, how you invest will always come down to what you are trying to achieve and by when. Do not fall into the trap of investing for bragging rights. Be strategic and deliberate with your investments and always have time on your side. Aim to have complete flexibility within your portfolio so that you can take advantage of a turning economic cycle. Always keep some gun powder dry for the asymmetric risk/return opportunities the market provides (keep this capital in your offset account). #investment #investmentportfolio #brisbane #australia #assets #financialadvice #financialcoach #financialadviser

23.01.2022 Despite what most people think, everyone’s version of financial freedom is different. Some people want to make a difference and give back while others want to enjoy the finer things in life. There is no right answer to this question. The important thing is to actually answer the question with specific answers based on your current situation. Understanding that this is not set is also a great way to alleviate the pressure of sticking to what you say your version currently is. ...Having a starting point is what I’m talking about. Reverse engineering for the ideal outcome is the challenge we all have to face. With the passage of time, things change, life gets in the way and sometimes it’s OK to take a step back and reassess your situation. It’ll be difficult for everything to go to plan accordingly but as cliche as this may sound - if you fail to plan, you plan to fail. Set some goals, know where you are today and ask the powerful question of: How can I get there faster whilst remaining focussed on what matters most? Financial freedom, to me, is all about options to do what I want, where I want, whenever I want and most importantly - with whomever I want. Not being cornered is what it’s all about. Being free to make a difference and create a positive impact. What’s your version? Share this article with someone who may want to hear this. #befinanciallyfree #optionsgalore #strategycomesfirst

23.01.2022 We are all creatures of habit and the sum of our habits creates who we are as individuals. Most people don’t realise this and allow themselves to stick to habits that haven’t provided them with the results they yearn for. Are you aware that your mindset is based on your current habits and you can shape your mindset to be whatever you want it to be? Mindset can be the differentiating factor between success and failure, progress or stagnation and for some unfortunate circumsta...nces - life or death. Viktor Frankl’s Man Search for meaning highlights the power of looking forward to something or having a larger purpose for one’s life. Frankl survived a German concentration camp by envisioning the completion of his life’s work and hoping for a better future. Death or failure was not an option. Imagine honing in on your purpose and creating habits that will help you achieve those goals. Do you have the mindset to stay the course? By having a compelling vision for the future provides a potent way of you staying inspired. If you start with the end in mind and create a strategy to get to that end point, you’ll find multiple ways of achieving your goals. Is your current mindset helping you or hindering you?

22.01.2022 Make Thousands More with This Risk-Free Strategy What if I told you that you can get a 30% return on some of your money on a year to year basis, would you take it? Can you get a 30% return elsewhere? Now what if I said that that 30% risk free return will now be reinvested and will be taxed at a portion of your marginal tax rate, would you be excited about that? This is the power of superannuation. The compounding effect of tax savings plays its role over time an...d makes a significant difference to your investment nest egg. Plotting out a graph that shows the difference between an extra $15,000 a year (pre tax dollars) in investments within super vs outside of super reveals just how staggering the results are. Over a 15 year period, the super capital (assuming the same investments were made) is a whopping $110,000 more or more than 150% of the outside of super capital. Saving tax on your investments over time can not be ignored so make sure you understand the implications of not tapping into this resource. Remember that this is comparing apples with apples and the only difference is the effect of taxation on the bottom line. #finance #financialadvice #investment #investing #tax #savings #invest #superannuation

22.01.2022 Here are some of the takeaway lessons of our UQ Young Alumni Get Finance Fit workshop. We can't wait to keep providing valuable information to this vibrant community. #makeitcount #createchange #socialenterprise

22.01.2022 We feel privileged to be part of the ALIVE movement. Suicide is a topic that doesn't get talked about enough. Thank you for being champions of the cause to prevent and help people who are going through such a hard time! Love your work <3 <3 <3

21.01.2022 Why Focusing on Taxes Can Cost You in the Long Term Far too many finance professionals push their clients to invest specifically to lower their taxes. Lowering your taxes should only be an offshoot of your broader investment strategy. Lowering your taxes with a dud underlying asset is the best way to build your opportunity cost and slow down your investment accumulation journey. #taxes #tax #wealth #buildingwealth #investment #investmentstrategy #australia #brisbane #brisbanecity #financialadviser #financialadvise #finance

21.01.2022 Brain Storming Time: Andrew David Courtney from Plenitude Wealth will present educated seminars on Sat, 19 Oct at our 2019 Brisbane Property Expo - Oct 19-20 (FREE ENTRY) Brisbane Convention & Exhibition Centre hall 2. Don't miss out this weekend FREE ENTRY.

21.01.2022 Our April 2019 newsletter/review finally came out! Thanks to our interns for the help in getting those ready.

20.01.2022 Wendy Russell is an independent buyer's agent who specialises in buying properties in SE Qld . She has kindly donated her time to show the audience at the Get Finance Fit workshop on the 26th (https://tinyurl.com/yaq8rca2), the intricacies of acquiring properties in today's market. If you're someone who is looking for personal finance answers and just can't seem to find the information you want to strategically build your wealth, the Get Finance Fit Workshop is certainly wort...h having a look at. We have a full day planned out to provide the audience as much practical information as we can so that they can actually do something about their finances right then and there. There will be a workshop notebook along with plenty of resources available on the day. Plenitude Wealth and the University of Queensland is dedicated to creating a positive impact in the wider Brisbane community. Come along and sign up here: https://tinyurl.com/yaq8rca2

19.01.2022 Don’t Let Poor Preparation Come Back to Haunt You Always be prepared. Predictions coupled with action is the aim. #facts #entrepreneur #business #mindset #knowledge #brisbanelife #businessowners #brisbane #brisbaneblogger #financialadviser #habits #brisbanecity #brisbanebusiness #preparation #selfeducation #purpose #brisbaneanyday #brisbanestyle #entrepreneurship #selfeducate #beprepared #brisbaneigers #supplier #startup #smallbusiness #entrepreneurs #entrepreneurlife #businesswoman #grind #businessman

19.01.2022 What’s a wealth curve? Your wealth curve is how your net assets (assets - liabilities) will look like based on basic assumptions. The variables you have to consider are: starting capital, savings per annum you’re looking to invest and the return on investment for your invested assets (after taxes).... It doesn’t have to be more complicated than that. Aim to be a game changer and go out and chase your passions. How are you tracking? What’s your ideal income? What capital do you need to hit that income goal? . . . . . . #personalfinance #financetips #freedom #goals #retireyoungretirerich #financialfreedom #financialsuccess #financialadvice #financialpeace #financialeducation #plantowin #financialliteracy #financecoach #financefreedom #financebroker #financeexpert #brisbanestyle #financialplanning #financialcoach #financialsecurity #financialhealth #financialplan #wealthywomen #brisbanefinance #plenitudewealth #getfinancefit #toowongadviser #wealthyminds #buildingwealth #wealthymen See more

18.01.2022 Re-posting from Warren James on LinkedIn: This month’s Top 5 Pearls of Wisdom contains amazing insights from Andrew David Courtney of Plenitude Wealth. Based on Andrew’s financial planning background this edition has some great advice on managing your money.... Here are two of my favourite points; 1 Your network is your net worth Start building your network and nurturing the relationships you deem worthwhile. 2 People overestimate what they can do in a year and underestimate what they can achieve in 10 years. It’s amazing to see what is possible if you set the right financial habits from the start of your career and learn from professionals who walk the walk. -- You can read the full blog here: https://rapidmentoring.com.au/andrew-david-courtney-pearls/

18.01.2022 Thank you NB Lawyers | Lawyers for Employers & Jonathan Mamaril for inviting us along to present to the team yesterday. It was a pleasure meeting Kayleigh Whittaker, Daniel Dash & Daniel Jie Chen and learning about the area of law they practice along with the NB Lawyers offering. It was a great experience to share some financial insights to your team of young and dynamic lawyers. One of my aims this year is to educate 1,000 people from Brisbane. Tag a colleague or manager who you think would like me to come and share some free practical financial lessons to increase workplace wellbeing and overall team morale.

18.01.2022 Our newest recruit Cecily Annalise Courtney is bringing smiles and happiness to the office. We have promoted her to head of wellness :)

18.01.2022 Why You Should Define Your Goals By defining your goals you will have taken the first step needed to get anywhere near achieving them. Having an idea of what you are trying to achieve in the long term enables you to base all of your decisions on whether or not said decisions are geared towards the future you’re trying to build. What’s your version of financial freedom? Stay tuned for the different kinds of financial goals you can set yourself. The typical long ...term goals to aim for are a PORTFOLIO INCOME along with the CAPITAL you’ll need to achieve that income. I call these numbers your Survive, Strive & Thrive numbers. Three different sets of numbers designed to stretch what society is telling us all to stick to. With some forethought, one can truly achieve significant results without taking on too many risks. . . . . . . #goals #motivation #inspiration #success #progress #happiness #motivationdaily #motivationalwords #motivationoftheday #brisbanelife #brisbaneblogger #brisbanebusiness #purpose #MotivationalSpeaker #motivationquote #brisbanestyle #wealthmindset #wealthcreation #inspiration #freedom #mindset #motivation #wealthcoach #wealthyminds #empoweringhabits #persistence #brisbane #investmentplans #investmentmanagement #investmentadvice See more

17.01.2022 1 coffee per day = $1,456 pa 2 coffees per day = $2,912 pa 1 smashed avo per week = $1,144 pa 2 smashed avo per week = $2,288 pa... People can save around $2,600 - $5,200 pa if they drop the coffees and smashed avo. This barely covers Stamp Duty on a house worth >$500k! Most people will tell you to save for a 20% deposit and save the Lender's Mortgage Insurance (LMI)... The issue here is not the price of avo & coffee but the speed of growth in house prices and outdated avenues of acquisition. If you were looking to save 20% of said $500k property, you'd need $100,000. I don't know about you but that kind of money doesn't fall on your lap over night. This can take years and years to save. If a young couple can save $20,000 a year towards buying a property, it would take them 5 whole years to get to stage where they have their 20% deposit (not taking into consideration the other costs to acquire). Fantastic! Now, if we are to take into consideration the $500,000 property that grows at a steady 5% per annum - the five year time frame has inflated the price of said $500k property to $638k which means that original 20% of $100k deposit is well short of the mark (they would need $127.6k). This forces these "savers" another two years out of buying the home they want. As you can see, it's a never ending game of catch-up which ultimately leads to frustration and all kinds of crappy (technical term) feelings no one wants. If you challenge the 20% deposit variable and lower it down to 5 or 10%, suddenly this couple is in the running to buy within 2-3 years (covering all of the acquisition costs as well!). Yes, LMI will have to be paid but the cream is ALL of the capital growth (providing there is any) is theirs to keep. Let me repeat that again: All of the capital growth is theirs to keep! Baby boomers have been riding this wave for decades now. That is why we have one of the largest number of millionaires per capita in the world! At 5% growth rates, the return on investment is substantial which makes paying the LMI (in my humble opinion) worthwhile. Back to the variables of property acquisition: Time, deposit, savings, purchase price. Assuming that savings is capped (let's be honest, avocados and coffees aren't exactly negotiable items as this can be replaced with other fun and exciting lifestyle expenses at a heartbeat) you only have time deposit and purchase price to work on. Time is a variable you can't control therefore this can also be ignored. We now are down to two: purchase price and deposit. The fastest way to get in the property market is to drop both of these variables. The moral of the story is, if that coffee and smashed avocado is that important to you and it makes you feel great having them, keep having them! Just ensure you're at a cash flow surplus and building your wealth curve accordingly.

17.01.2022 Think, do, fail, iterate. An easy process to follow the path to mastery. There’s too much thinking going on - leading to paralysis through analysis. If we as a society can embrace failures by reframing it as lessons, most people wouldn’t be so risk averse and may get a chance of achieving their life’s dreams. Get on the offence and try to win the game. . . . .... . . #change #ChangeItUp #inspire #motivational #inspiration #changeforthebetter #changes #changeyourself #changeUReality #motivationalquotes #careerdriven #ChangeYourThinking #changeyourlife #changelife #quotes #education #goals #facts #changetheworld #changeyourthoughts #changeyourlifestyle #selfeducate #brisbaneigers #quotes #changeisgood #changeyourperspective #dailyquotes #getfinancefit #brisbane #brisbaneblogger See more

17.01.2022 Most people aren’t aware that there is a level premium option when it comes to insurances. The amazing thing about these policies is that it becomes ridiculously cheap to own them over the long term providing you are happy to pay a higher rate at the start of the process. For most of us, we wouldn’t want to pay too much for these policies so a mixture of both stepped and level is something I regularly advise my clients to have a look at. Stepped is purely for the sho...rt term whilst the level portion stays for the long term. Coupled with a growing net asset figure over time, we might not need to hold as much life insurances over time. In my opinion, a great way to take advantage of both structures is to cancel the stepped as it becomes more expensive and keep the level until the traditional retirement age as you’ll be paying a fraction of the price your peers will be in your 50s and 60s. Understanding your options is the first part of the process. It doesn’t make sense to build up your wealth over decades only to see it go due to an unforeseen event. Most of us have car insurance but most do not have cover on their most valuable asset - their ability to make an income. #finance #insurance #strategy #steppedvslevel

17.01.2022 My version of financial freedom is to be able to do what I want, whenever I want, wherever I want, with whomever I want. What about yours? . . . .... . . . . #personalfinance #financetips #freedom #goals #retireyoungretirerich #financialfreedom #financialsuccess #financialadvice #financialpeace #financialeducation #plantowin #financialliteracy #financecoach #financefreedom #financebroker #financeexpert #brisbanestyle #financialplanning #financialcoach #financialsecurity #financialhealth #financialplan #wealthywomen #brisbanefinance #plenitudewealth #getfinancefit # toowongadviser #wealthyminds #buildingwealth #wealthymen See more

17.01.2022 Get Rid of Your Negative Mindset and Start Asking Yourself the Right Questions! #mindset #positive #perspective #rightquestions #questions #ask #brisbane #brisbanelife #brisbanecity #australia

16.01.2022 Everyone’s version of financial freedom is different. Some people want to make a difference and give back while others want to enjoy the finer things in life. There is no right answer to this question. The important thing is to actually answer the question with specific answers based on your current situation. Understanding that this is not set is also a great way to alleviate the pressure of sticking to what you say your version currently is. Having a starting point is what ...I’m talking about. Reverse engineering for the ideal outcome is the challenge we all have to face. With the passage of time, things change, life gets in the way and sometimes it’s OK to take a step back and reassess your situation. It’ll be difficult for everything to go to plan accordingly but as cliche as this may sound - if you fail to plan, you plan to fail. Set some goals, know where you are today and ask the powerful question of: How can I get there faster whilst remaining focused on what matters most? Financial freedom, to me, is all about options to do what I want, where I want, whenever I want and most importantly - with whomever I want. Not being cornered is what it’s all about. Being free to make a difference and create a positive impact. What’s your version?

15.01.2022 Well done Andrew on completing your 14 days water fast! 2 weeks just on water shows a great deal of will power

15.01.2022 INSTAGRAM COMPETITION - TABLE FOR 4 LUNCH GIVEAWAY! Who are you taking to @goodnessgraciousbne for lunch!? All expenses paid for by yours truly Enter by: following me tag 2 friends in your comment and... guess my end weight! Entries are welcome for 24 hours @goodnessgraciousbne has been a favourite cafe of mine for quite some time and I figured there is no better way to celebrate coming off a 30 day water fast (no food, just water - 24/7/30days) than eating food from one of my favourite places in Brisbane! I’ve smashed my weight loss goals in the meantime so I’m stoked (lost 27kg since Jan ‘19) Check out my stories for daily progress The winner will be announced when I’ve finished my fast next Wednesday! Closest to my end weight wins See more

15.01.2022 We're going to be presenting top 10 tips to save 10 years in property on Saturday the 19th of October at 12 midday - Seminar Room 4. If you're free and would like to come along and learn a thing or two (or ten) about how to incorporate property in your investment portfolio, drop on by! We'll have Plenitude Wealth stall with a few giveaways and challenges for the audience to participate in. We look forward to seeing you there.... Grab your FREE tickets visit: bit.ly/2YBhp4n

12.01.2022 The UQ Young Alumni Advisory Board invites you to join your fellow UQ alumni for an introduction into the world of personal finance. The educational workshop will be led by UQ alumnus, Andrew Courtney, Principal Adviser of local firm Plenitude Wealth along with its professional network. We will offer jargon free tips on how to sustainably boost your savings and then increase that money through smart investing.

12.01.2022 What Are Your Time, Health & Wealth Goals? When working on goals for the year, I like to start from what results I would love to achieve then start breaking those down into smaller manageable tasks to make me feel less overwhelmed. By reverse engineering the outcomes that I want in life, the goals become more realistic and tangible. This makes it easier to do the seemingly insignificant 1% activities that don’t make much of a difference in the short term but make a massive d...ifference in the long term (when consistently implemented). I have this kind of view for my Time, Health & Wealth. Every year, I ask myself what is my ideal outcome for these categories and start working towards my long term goals. Have you considered doing this exercise? We are brainwashed into thinking a certain way therefore when you start this exercise, make sure to not hold back on what your ideal life will look like. Everyone is different and there are no right or wrong answers; don’t pull any punches. Here are some of my long term goals to give you an example: Time - 6 months on and 6 months off every year, Health - live until 130yo, Wealth - be a billionaire before I die (130yo Health goal is not a coincidence). What are your goals? . . . . . . . #goals #motivation #inspiration #success #progress #happiness #healthy #motivationalwords #motivationoftheday #brisbanelife #brisbaneblogger #brisbanebusiness #purpose #wealth #motivationquote #brisbanestyle #wealthmindset #wealthcreation #inspiration #freedom #mindset #motivation #wealthcoach #wealthyminds #empoweringhabits #persistence #brisbane #health #time #investmentadvice See more

12.01.2022 The First Home Super Saver Scheme is designed to provide the younger generations a way to save for a deposit for their first home (whether it be PPR or investment) faster. How? By saving them the tax they otherwise would have paid to the ATO. Instead of pocketing your after tax dollars, you can decide to contribute the same before tax dollars into your superannuation account. You can contribute as high as $15,000 per financial year (for this strategy) providing you ...don’t go over your concessional contribution cap of $25,000 per year. You can then withdraw all of the extra contributions you made and send it to your bank account. The trap is this contribution now becomes part of your assessable income but you do get a 30% rebate from the tax office. Essentially taxing you the difference between your marginal tax rate and 30% on your extra contribution. Does it work? Yes! You can save a few thousand dollars over a few months especially if you already have the deposit on hand and are willing to salary sacrifice your whole pay packet for a little while whilst living on your deposit. Granted, it takes a little planning to get it right but it’s certainly worth it if you’re hoping to get into the property market sooner. See more

12.01.2022 Getting financial advice should be a reasonably straightforward affair. Due to the biased nature of how the financial industry is structured, it’s not quite as straightforward as one would think because the government was forced to ensure that consumers are protected from salesmen posing to be professionals. As an adviser, I can not take your position into consideration and make product recommendations without creating a Statement of Advice (SOA) - outlining all of the risks,... benefits and costs associated with any transaction. Now the process of getting advice is illustrated in the drawing above. The Discovery and Strategy Meetings are free (for Plenitude Wealth anyway) and are designed to get a good gauge on whether or not the company you visit are the right fit for you and whether they can add value to your circumstance. You will then have the decision of moving forward with what they’ve proposed or not. The key takeaway all prospective financial advice clients should keep in mind is the importance of not being forced into doing what they don’t want to do. If you are losing any sleep at night because of the decision, you’re better off not moving forward. I call this the sleep test. You have to be comfortable with everything that you do moving forward. It is the only way you’ll be able to consistently implement any recommendations and own your tomorrow. . . . #personalfinance #financetips #financialadvisor #InvestmentTips #insuranceclaim #insurancepolicy #financialservices #financialsuccess #financialadvice #investmentplanning #insurancelife #insurancework #financemanager #financecoach #financefreedom #freedom #mindset #motivation #plenitudewealth #getfinancefit #financialadviser #stluciaadviser #toowongadviser #retireearly #incomeprotection #financialsecurity #financialhealth #financialplan #financestrategy #retireyoung See more

11.01.2022 We are proud to be part of such a vibrant UQ community. Our fourth Get Finance Fit workshop was a resounding success with Effie Zahos from Money Magazine sharing her journey as our headline speaker, the audience learnt a wide range of lessons. We look forward to collaborating with more communities as we strive closer to educating 1,000,000 Australians before 2027. We educate primarily to foster the next generation of philanthropists. #freedom #abundance #change

11.01.2022 Are You Risking Your Financial Future? Too many people just hope for the best and don’t know there are basic concepts you must understand to get ahead financially. First, set yourself an income & capital goal. Start with, how much do you want to earn from your investment portfolio? Multiply this number by 20 and you have two numbers to aim for.... The next step is to not spend more than you earn and put at least 10% of your current income toward your investments. You want to build your capital base ASAP and to do this you must save and invest consistently. Third, make sure you invest with purpose, precision and a plan. Structure your portfolio to get maximum return equal to the risk you are willing to take. Yearly optimise according to the legislation of your country and manage your resources to aim for the best result. The final step is to use a timeline and minimise your tax liability yearly. Most people don’t do one of these steps. It’s akin to a hamster stuck on a wheel complaining about not being able to get off. You are stuck in your position because of the choices you’ve made in the past. Ask yourself what you need to do to get out of your rut and put yourself in a position to win #goals #financialadvice #personalfinance #financetips #freedom See more

10.01.2022 Thanks Maria for sharing your appreciation. We love working with you too! We are so proud of the milestones you guys have achieved over the past few years with us and we are looking forward to kicking some more goals with you and getting you to your version of financial freedom :)

10.01.2022 Have you wondered about it and what might happen after? Read this article to get an insight.

10.01.2022 Be Honest When Looking at Your Finances Know where you are today to make the changes you need to make to achieve the life you want to live. The first step in this process is awareness. Far too many individuals/households dig their heads in the sand when it comes to knowing where they sit financially. Doing this only exacerbates the feeling of being trapped in your particular circumstance. If you know where you are, it becomes easy to make your situation better by 1% every... month or whatever interval you think is suitable for your circumstance. Using time as an ally and patience as your friend, you can bank on the fact that you’re only going to get to a better position. #personalfinance #financetips #financialadvisor #InvestmentTips #insuranceclaim #insurancepolicy #financialservices #financialsuccess #financialadvice #investmentplanning #insurancelife #insurancework #financemanager #financecoach #financefreedom #freedom #mindset #motivation #plenitudewealth #getfinancefit #financialadviser #stluciaadviser #toowongadviser #retireearly #incomeprotection #financialsecurity #financialhealth #financialplan #financestrategy #retireyoung See more

10.01.2022 Our third Get Finance Fit event for UQ Young Alumni was a resounding success. What's your version of financial freedom? #makeitcount #creatchange #uqyoungalumni #changinglives

09.01.2022 What’s Your Version of Financial Freedom? Our motivation wanes on the daily. If you know exactly what you’re trying to achieve. That vivid picture in your mind will be one of the main driving factors for you to get up early in the morning to pursue the daily habits you need to build to achieve your goals. We’re all different when it comes down to it but I can guarantee that we’re all on the same page when it comes to time, health and wealth. We want as much time to spen...d on the things we hold most dear in life. We want to be healthy enough to live to a ripe old age without any issues and we want to be in a financial position to do what we want, when we want, wherever we want. Knowing where you want to get to and defining it with as much clarity and specificity as you can will be your first step to force you out of your stupor and get after it daily. . . . . . #personalfinance #financetips #freedom #goals #retireyoungretirerich #financialfreedom #financialsuccess #financialadvice #financialpeace #financialeducation #plantowin #financialliteracy #financecoach #financefreedom #financebroker #financeexpert #brisbanestyle #financialplanning #financialcoach #financialsecurity #financialhealth #financialplan #wealthywomen #brisbanefinance #plenitudewealth #getfinancefit #toowongadviser #wealthyminds #buildingwealth #wealthymen See more

09.01.2022 Plenitude Wealth is now collaborating with MyProsperity to deliver real time financial data to our clients. Getting your financial house in order has never been easier with the rise of incredible apps like MyProsperity. We’ve personally trialled the offering since February 2019 and can’t speak highly enough of it.

09.01.2022 Planning for the Future Can Make a Huge Difference Investment horizons should always be at least 5 years short and 50 years long. Unfortunately, due to the way the market is built along with societal expectations, these numbers are skewed more towards 1 month - 1 year investment horizons. There is an apt saying that says: We always overestimate what we can do in 1 year and underestimate what we can do in a decade. This is why my investment horizon for most of my portfolio is... 30+ years. What are you currently implementing for your portfolios? How active do you want to be with your wealth building activities? Have you successfully achieved a significant result and was this due to strategy or luck? Keep your strategies as simple as you can. Wash, rinse and repeat when you find something that works. Investing should be the most boring thing in the world, but Hollywood has made it out to be some kind of thrill seeking experience. An extra percentage point or three of ROI throughout a 30 year investment career can be the difference between being a multimillionaire or a struggling pensioner. All it takes is a proactive approach, consistency in implementation and an adaptable portfolio to create a world of difference #future #futureplanning #investments #financialadvice #financialcoach #financialadviser #brisbane #australia

09.01.2022 Most people think past the value of their relationships with their loved ones and jump straight to material things. Our relationships and experiences is what defines us as people. This is a timely reminder for us all just before Christmas to cherish the people around us and be grateful for your current circumstance.

08.01.2022 Increasing the supply of housing is an effective way to curb the housing affordability issue. The question we have is: is increasing the housing supply on aggregate going to help? Property values tend to increase due to the highly dense population in a focused area. Why not start from the most populated areas first then work your way out? http://bit.ly/2nbjum9

08.01.2022 Thank you Matthew Andrews for inviting me along to present to the brokers at the Broker Academy in Remax Milton & Pivotal Financial. It was great to answer a wide range of questions and share a few business & finance concepts and ideas. Always happy to help! Can’t wait to present on other topics. Look out for the content coming to LinkedIn and all my other social media platforms. If anyone would like to invite me along to present at their workplace for CPD, well-being worksho...ps, financial information or goal setting and mindset, please feel free to reach out. #educatingaustralia #financialliteracy

07.01.2022 Far too many individuals fall in love with the idea of loading up on debts (good or bad) without a stable income. The worst thing that could happen to you as an investor is if you forced to sell assets to keep your cash flow needs afloat. Far too many people sail too close to the wind with this strategy and blow their net asset positions up in the hope of Eeting out a few more percentage points. Slow and steady wins the race. If you are consistent with your savings, ...lowering your taxes and optimising your portfolio, you are bound to reach your financial goals. Yes you may need to wait a few more years to achieve it by going down a more conservative path but I would prefer this scenario over an overnight success only to lose the lot in following year. Investing should be slow, methodical, boring and predictable. Far too many inexperienced investors want to get their hands dirty far too often, not realising that they are creating a gambling habit for themselves. See more

07.01.2022 Negative gearing is a great way to minimise the cost associated with controlling a property over the long term. Assuming you have an investment property with the potential to double over a 15 year period. Keeping that property negatively geared will help you lower your assessable income thus lowering your tax liability. Most people will get a higher tax return at the end of the financial year when they are negatively geared. High income earners get a 45% discount on ...the cost associated with holding on to properties. It is an absolute no brainer to have an investment property or two in your portfolio especially if you’re a high income earner. Even people with marginal tax rates of 32% can gain a lot from negative gearing. I don’t believe it’s going anywhere any time soon. Quick warning: don’t get sucked into buying new because of the depreciation you’ll be receiving. It’s a common pitfall for a wide range of investors trying to save tax first before considering their overall ROI. See more

06.01.2022 We ensure we keep an eye out for quality fund managers who are dedicated to adding value for the asset classes they manage. Enter Bell Asset Management with Xanthe Virtue & Nick Snowden. With over $1.5 billion in Funds under Management, they must be doing something right. #strategicassetallocation #globalequities #investments #wealthcreation #diversification

06.01.2022 Most Australians have a love affair with residential property. So much so that it sometimes clouds our judgement. The most common misconception about residential property is that they all grow in value over the long term. This assumption can seriously put people in a suboptimal situation and the sad thing is, years or decades can pass without them knowing it. To have a winning strategy in property, research has to be meticulously performed to provide the acquirers th...e peace of mind that they’re not buying a lemon and more importantly, the confidence to pull the trigger after inspecting a property that ticks all the boxes. Don’t just get in for the sake of getting in. It is not a race as the difference between an average growth of 1% could be an opportunity cost of 3 years by the time the property values double. Now what if you buy a lemon and have no growth? Your opportunity cost will now be a decade or two, depending on how long it takes you to realise your position. Make sure to assess every asset you own on a year to year basis (at a minimum) and divest from the non performing ones systematically to put yourself in the best position to achieve your financial and lifestyle goals. See more

06.01.2022 Celebrating equality all day. What would you like to see change today to achieve equality? #BeBoldForChange https://www.internationalwomensday.com/

06.01.2022 What is your cost of capital? Your Cost of Capital is the hurdle rate in which you need to beat with your Return on Investment (ROI) to add value to your current portfolio. Think of it this way, if you are currently in debt and the highest interest rate you may be paying is a credit card rate of 19%, this is your cost of capital. For you to get ahead with your investments, you will need a return more than 19% to ensure you’re getting an efficient ROI from your portfolio. A gr...eat way to know what your cost of capital is to just look at all of your liabilities and choose the highest interest rate you’re currently paying debt off for. If you don’t have any debt, your cost of capital is the inflation rate. With that being said, have you worked out what your cost of capital is? The cost of capital is one of the three components of what I’ve coined the personal finance decision making guideline. These are: Cost of Capital, Risk Free Return and Return on Investment. Understanding these numbers will give you a guideline for your next investment decision. Is it worthwhile taking the risk associated with that invested relative to your risk free return?

06.01.2022 Happy International Women's day! #womensday #womensday2020 #womensdays #womensdaycelebration #womensdayclassic #womensdayeveryday #womensdayiseveryday #womensdaymarch #womensdayquotes #womensdayspecial #internationalwomensday #women #march #internationalwomensday2020 #plenitudewealth

05.01.2022 We now have a bar fridge in the office. Like Andrew & Sophie’s children, we got excited with the massive cardboard box

03.01.2022 $$$ Conversations bothering your relationships? Talking to partners/friends/family about money tends to be a daunting task if it's not a normal topic of conversation. As creatures of habit, we tend to stick to what we know - hence the difficulty of talking finance when it's not so common. I make sure to talk to my wife and my family about money matters on a regular basis. Making this topic of conversation a normal one to talk about is important as financial matters tend to ge...t swept under the rug - leading to confusion and misinterpretation. By having a common goal, it makes it a lot easier to talk about finances. Emotions tend to get out of control when people are novices and this is when they need someone who is objective and won't take sides. The third party explores the options and digs a little deeper on both party's understanding of their options. By making sure that every one is on the same page and all issues have been worked on in a civilised manner, it makes it easier to find common ground. This should be the foundation of all conversations regarding finances. There will most likely be a person who knows more about the topic so this individual must make sure that they communicate their points effectively in a fair manner. Not to be confused with a condescending tone which will put anyone on the defensive. All in all, finding common ground and a goal all parties can work towards is the most powerful way of bringing every one together. The hardest part is the first step as most people don't know how to approach the topic at hand. The hurdle the common person faces is they only know one or two options moving forward and they see it as black and white. Coupled with another person who sees it differently, the conversation typically leads to an argument which ultimately leads no where. Having a third party person involved who knows some strategies to employ may be the most effective way of tackling the situation. Try talking to friends who have navigated through the hurdles you're facing. Perhaps your accountant can shed some light? Or try talking to a financial adviser to get your options and facilitate the conversation. Having an objective view may provide another option you may not have thought about. Otherwise, the two parties must find ways to communicate better. This is my two cents on communicating more effectively regarding your personal finances. Not everyone can do it but the couples/families/parties who do, puts themselves well and truly ahead of the population. If people manage to schedule this in their diaries at least 3 times a year, they'd be surprised how effective the results they get from it can make.

03.01.2022 Knowing your Return on Investment on your net assets along with your capital invested in each asset class is a great way to know exactly where you are at today and where you are heading towards tomorrow. Video 2 of the Get Finance Fit Video Series breaks down how one can build a personal portfolio by taking into consideration your COST OF CAPITAL, RISK FREE RETURN and RETURN ON INVESTMENT. By ensuring you understand each of these aspects, you can build a portfolio ...that is risk adjusted and will be geared towards achieving your financial goals faster. The key takeaway is to have as low a Cost Of Capital (CoC or debt) as possible - preferably at your PPR’s mortgage rate of 3.6 - 5% (not at 0% - no debt), have an offset account which will produce your Risk Free (Rf) Rate of Return (Rf = CoC) and invest your excess capital in asset classes that will produce higher returns than your Rf and CoC. If the assets you are looking to invest in can or will not return greater than the after tax interest repayments you would otherwise be saving in an offset account or redraw facility, it would not be worthwhile investing your excess capital. Build your portfolio strategically and watch your net assets grow consistently over the decades. See more

02.01.2022 Investing for the long term is important and optimising your systems, tactics and strategy in the short term is a must. The issue with the invest for the long term saying is that it sounds like everyone has a lot of time to catch up because it’s so far away. It lulls most into a false sense of security where they start to think I’ve got time to do it later or I’ll catch up in a few year’s time. By becoming active in the short term, you’ll find yourself always... trying to make your wealth creation system better. It comes down to three categories: saving tax, effective cash flow surpluses to invest and optimising for better returns. There are a multitude of tactics associated with these three concepts. If you manage to change one thing every year and bed it down for a lifetime, you’ll find yourself working actively towards a better financial future. Just because we’re talking long term doesn’t mean you can sit and relax. There are always better ways to do things so I suggest you start doing a little research on how you can make your finances better to pursue the important things in your life like chasing after life changing experiences, hanging out with good friends and family, pursuing your dreams or making a difference in the world. Saving tax encompasses selling assets at the right time, deferring acquisitions if necessary, not selling at all at times and keeping robust paperwork to ensure a maximum refund. Having an effective cash flow system requires one to be able to put away investment dollars consistently and reliably enough to be able to project out from. The third and final one is to optimise for better returns. This is where strategy comes into its own. Understanding the underlying assets is the key to get better returns on a year to year basis. Share this with someone who needs it. #getfinancefit #financialfreedom #wealth See more

01.01.2022 ALIVE is a not for profit organisation that focuses on making an impact on mental health illness and suicide prevention. We are excited to support such an important cause! https://www.facebook.com/events/1650949735207986/

01.01.2022 If you manage to add more value than what you’re being paid at higher multiples than 3, you could be in a position to ask for a slice of the profit by becoming a shareholder. Something to consider if you’re smashing those KPIs. #personalfinance #financetips #freedom #goals #property #financialfreedom #financialsuccess #financialadvice #financialpeace #financialeducation #plantowin #financialliteracy #financecoach #financefreedom #salary #income #brisbanestyle #financialplanning #financialcoach #financialsecurity #financialhealth #financialplan #wealthywomen #brisbanefinance #research #investmentproperty #toowongadviser #wealthyminds #buildingwealth #finance

01.01.2022 What is LMI and who does it cover? Lender’s Mortgage Insurance is a way to ensure the banks are covered just in case homeowners’ default on their mortgage repayments and the banks are forced to sell their property. LMI acts as a buffer for the banks specifically for highly leveraged properties - properties that have mortgages above 80% of the value of the home. Is LMI something you want to be paying for? In an ideal world, no, but realistically, it may be necessary to kicksta...rt your investment career. In other words, it depends on the situation. Something to consider when paying for LMI is the underlying asset. If the underlying asset is a typical residential property (a solid investment), it may be worth paying for LMI as you can normally capitalise this cost onto the loan over the loan period. Now, not all LMI is made equal so please don’t misread what I’m saying by thinking LMI is necessary. Ensure you understand the amounts of LMI you will be paying under different Loan to Value Ratios (LVRs). Run through LVR scenarios such as - 95% LVR, 90% LVR, 85% LVR and 80% LVR options. The LMI cost tends to be negatively correlated to the deposit you’re planning to use for your acquisition. The smaller deposit you have, the higher the LMI you’ll have to pay.

01.01.2022 It was a pleasure for our Principal Adviser to play a role in the UQ Young Alumni Career Progression & Employability workshop last weekend. The speakers were fantastic and the audience took away a range of lessons to become more competitive out in the market place. Well done @uqyoungalum and the UQ Advancement team in running a truly value adding workshop! #inspiringstuff #makeitcount #createchange

01.01.2022 The third day of our TRI Get Finance Fit Workshop has just finished and the audience has taken away a few concepts they may not have come across before. It's a pleasure to visit the Translational Research Institute every day this week.