Passive Income Project

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Text us a topic you want coveredJoin Terry and our new co-host Brooke Dawson, who brings thrilling personal news, as they dive into the vital topic of financial literacy for kids. This episode is crucial for parents eager to set their children on the path to financial independence.Also in this ep: The simple thought experiment that will change the way you help your kids.Why teaching kids about money is waste of time. How kids can develop a healthy relationship with money while building self esteem. How to turn money into a game kids love to play. Loaded with actionable advice, this episode will transform your approach to financial education, preparing your kids for a prosperous and confident future.Resources:Stockspot - Investing for kids Strong Money Australia - Podcast: Investment Bonds ExaminedBook: How Ella Grew and Electric Guitar Explore more on our website and stay connected through our social media for continuous insights and updates! Discover the new money method our couples are using to find their fast modeClick here to secure your spot in our next live webinar. Join the Private Podcast CommunityClick here to access free courses and trainings, build new habits, and connect with us and others on the journey to financial self reliance. Other links

If you're working harder and harder and the numbers are getting bigger but your life doesn't feel like it's getting any better, this episode is for you. Join Terry as he reconnects with Mitch Parkins to uncover how he and his wife Brooke broke free of ‘the grind' to get after their dream of travelling Aus.Expect to learn: The powerful psychological shift that preempted the changeThe process, resources and tools they used to build the skills and confidence to fund their tripThe sequence of steps they took to ensure their experience isn't setting them back, but propelling them forward.Resources and links mentioned:The 5 life windows visualEpisode 87Episode 88 Join the Private Podcast CommunityClick here to access free courses and trainings, build new habits, and connect with us and others on the journey to financial self reliance. Other links

Financial decisions can be paralysing. In this SHOT ep Terry shares his most powerful tool for making money moves 10x simpler. This simple question will unlock clarity and conviction while ensuring you accumulate the most valuable asset you can own.  Join the Private Podcast CommunityClick here to access free courses and trainings, build new habits, and connect with us and others on the journey to financial self reliance. Other links

Dive into a transformative conversation with renowned buyer's agent Cate Bakos on this week's episode. Whether you're navigating your first purchase or aiming to expand your property portfolio, Cate's insights are invaluable for every couple looking to strengthen their financial future together. Don't miss out on this essential listen for anyone serious about mastering the art of property investment!

In a very different ep, Mitch hosts Ryan and Terry on share what they've learned about personal transformation and change building their business and helping others achieve their goals.You'll hear the untold story of the business in detail they've never really talked about. And how you can use these insights to engineer powerful personal change in your own life.Expect to learn:The missing third founder, and the moments that made the business a realityWhat starting out looked like, and how (and why) they persisted.The 6 step sequence that codifies all personal transformation and changeThe missing ingredient for achievement.If you want to know how to tap into your primal programming to back yourself and make big things happen in your life, this episode is for you. Join the Private Podcast CommunityClick here to access free courses and trainings, build new habits, and connect with us and others on the journey to financial self reliance. Other links

This is one of our most dramatic transformations yet. In 18 months Avril Dunn has completely reimagined her life and career. Her future now looks nothing like her past. In this conversation, she takes us through where she's been, where she is, and where she's going. She also shares her experiences and lessons: Investing herself to build new skills Facing doubt and uncertainty Putting herself in a position to capitalise on opportunities. Backing herself to go after big ambitions. Building the discipline to succeed. If you've got to this part of the year and it feels like the grind is getting the best if you and your best intentions are starting to slip away , Avril's story is the red bull that gives you wings.  Join the Private Podcast CommunityClick here to access free courses and trainings, build new habits, and connect with us and others on the journey to financial self reliance. Other links

In this episode, Terry sits down with two exemplars of teamwork: Brooke and John Dawson. Their story of transformation is an inspiration for those who back each other, but find themselves bickering when it comes to money. 12 months ago, they were working hard. But things weren't working. And taking on second jobs, and counting every cent didn't seem to matter.  They'd been focused on buying a home for years, but their efforts didn't seem to be paying off. They knew that if they couldn't figure it out, it would continue to create unnecessary stress and tension between them. In this conversation, they discuss how they went about transforming themselves, their money, and their lives. They now have choices they never thought they'd have. And they're reconsidering what is possible for their future together.If you've had big ambitions for the year, but that motivation is starting to slide, this episode will get you back in the game. Join the Private Podcast CommunityClick here to access free courses and trainings, build new habits, and connect with us and others on the journey to financial self reliance. Other links

Does it make sense to pay money to make money? That is the question and in this episode, Mitch and Terry get to the heart of the matter. Because the truth is, there are times when it does, and there are times when it does NOT make sense.  The rules and tools in this episode will help you make wise investments in yourself for the rest of your life. Also in this ep:The hidden cost you're already paying How 'myopic loss aversion' muddies our thinking How to value financial education Terry's three steps for determining how much to invest Resources and Links MentionedTerry's article

Timing the market is impossible. Timing your life cycle is MUCH easier and extremely important when it comes to debt. In this episode, Ryan and Terry debrief the series and use three powerful tools to help you get the timing and serving size right. Also In This Episode The debt quadrant for taking calculated risksThe debt gauge for right-sizing exposure The 5 Life Windows for timing debt decisions. Resources and Links Mentioned Blog Post: Debt is a double-edged sword, here's how to wield it to build your wealthThe Ultimate Guide to Debt Recycling, how to pay of your home faster while building a passive incomeUNLOCKED: Stepping into the 3rd Dimension. One of the most powerful modules in our mentorship. Join the Private Podcast CommunityClick here to access free courses and trainings, build new habits, and connect with us and others on the journey to financial self reliance. Other links

Time in the market buys alot of insight. In this episode, Bryce Holdaway delivers a masterclass packed full of 25 years of property investing wisdom. From his early forays and interest in property, this is a deep dive into the psychology and behaviour of property. This is a truly long term view of the asset class.  Expect to learn: The difference between horrible, tolerable and productive. The difference between investment grade property and everything else. How and why Australia's property market is unique and distinct from other countries. How demographic shifts and government policies are likely to impact property prices in the next 5-10 years. The role of Super in wealth creation Join the Private Podcast CommunityClick here to access free courses and trainings, build new habits, and connect with us and others on the journey to financial self reliance. Other links

Big data is reshaping industries and economies, and Real estate is ripe for disruption. In this wide-ranging conversation with Goose McGrath founder and CEO of Dashdot, you'll discover how data-based decisions are being used to inform savvy property investments that help people escape the status quo. This is good old property, but not at all as you know it.  Also in this episode:The 3 stages of financial freedomThe key insight behind Dashdot's unique approach Why property is not at all like the stock market How to think about and approach risk in investing and life Scientific investing and how it differs from traditional investingS curve dynamics in Real Estate The three phases of a property portfolio The three constraints of a property portfolio Property predictions for 2024/25Resources and Links Dashdot - Property Growth PartnerDashdot Insider - PodcastThe Wild Goose Chase - PodcastGoose McGrath - Linkedin Profile  Join the Private Podcast CommunityClick here to access free courses and trainings, build new habits, and connect with us and others on the journey to financial self reliance. Other links

A mortgage can be one of your greatest allies for building wealth, or it can be a noose around your neck. It all depends on how you use it. To sidestep the biggest mistakes is to know what they are. And few are more experienced than Sarah Thomson. After more than 20 years as a broker and over 1 Billion in loans written she's seen it all.  Also in this episode: The hidden value a broker provides (that can be pivotal) How brokers get paid (and how they don't get paid) Red flags to look out for when choosing a broker The most costly mistakes to avoid when taking on a mortgageKnowing how to partner with the banks to win the wealth game is critical. And in this episode, you get a peek inside Sarah's playbook. Join the Private Podcast CommunityClick here to access free courses and trainings, build new habits, and connect with us and others on the journey to financial self reliance. Other links

In the first episode of this series, Ryan and Terry explained why debt is so important for growing your money.  In this episode, they explore the different ways debt can be used to build wealth.  Expect to learn: The different types of debt: consumer, hybrid, investment2 common ways debt s used to build wealth 2 less common (but lucrative) ways debt can be used How to make yourself attractive to the banks Join the Private Podcast CommunityClick here to access free courses and trainings, build new habits, and connect with us and others on the journey to financial self reliance. Other links

What everyone knows is usually wrong.  And the narratives surrounding debt are a classic case. In this episode, you'll discover why and how debt IS the most powerful tool for putting your money to work. And why not having and using debt is one of the biggest risks you can take financially. Also in this episode: How early relationships with authority figures shape our relationship with debtWhy past experiences of others need to be analysed before being taken on How and why savers lose in a debt-based system The winning money move most experts miss.  Join the Private Podcast CommunityClick here to access free courses and trainings, build new habits, and connect with us and others on the journey to financial self reliance. Other links

Debt is demonised, but what if it is THE most powerful tool you can wield to build your wealth.  In this series you'll learn why 'debt is bad' is one of the most damaging messages in personal finance. Tune in to this ep so discover what we'll cover and why now it the best time to get across it.  Join the Private Podcast CommunityClick here to access free courses and trainings, build new habits, and connect with us and others on the journey to financial self reliance. Other links

The Passive Income Project is no more! And in this episode, Ryan and Terry talk through the reasoning for retiring the name. And they explain why Wealth Time Freedom (WTF) was chosen as the new torch. Finally, they reveal the topic for their next series on the podcast. Tune in to find out!Welcome to Wealth Time freedom podcast. Where we:Decode the psychology of money Uncover principles of personal financeAnd learn how to:Put them into practiceThis is about Escaping the rat race and win the game of life. It's personal finance… with big dollop of personal development. Join the Private Podcast CommunityClick here to access free courses and trainings, build new habits, and connect with us and others on the journey to financial self reliance. Other links

If you want to know how to master the money game to win the wealth game (and how they're different) this is the ep you've been looking for. Matt from the Aussie Firebug is back for another epic conversation. This time we discuss his revelations and a shift in direction and focus in his FIRE journey.  We examine the good, the bad and the ugly of the FIRE movement.  Also in this episode: Travel as the ultimate investmentThe role of meaningful work vs retirement The unquantifiable value of investing outside of Super Why it's easier to use money made from dividends vs growth-oriented portfoliosThis episode is packed full of transformational perspectives and powerful truths told in retrospect. It will encourage you to step back, reflect and reset.Resources MentionedAFB Article: FIRE/Life updateReddit Article: I lost the love of my life because of FI, don't be me Hey, before you go, do you want to continue the conversation with us and get insider access to more resources, tools, and training? If, so it just followed these three steps. One opened the episode description to click, see more and three hit the link that says join the private podcast community. Here you can discuss recent episodes with us, unlock exclusive insider gifts and accelerate your progress with proprietary tools that we've built just for you.

In this ep, Terry and Ryan explain why they're primarily saving in Bitcoin right now.  Guided by the intersection of monetary policy, Bitcoin behavior, and seismic shifts in the financial landscape.  They also share a few good reasons why you should think twice before buying any at all. Expect to learn: When 'speculating' is worthwhile. The drivers pushing interest rates down, not upWhy the big money wants into BitcoinHow Bitcoins 'halving cycle' could catalyse the next bull run.  Hey, before you go, do you want to continue the conversation with us and get insider access to more resources, tools, and training? If, so it just followed these three steps. One opened the episode description to click, see more and three hit the link that says join the private podcast community. Here you can discuss recent episodes with us, unlock exclusive insider gifts and accelerate your progress with proprietary tools that we've built just for you.

In this ep, Terry scrutinises the latest Rate rise, and the human folly behind it. Then Ryan and Terry detail all the ways we're likely to trip ourselves up as we enter the most uncertain economic period in the last 30 years. Using the inversion principle, they explore the pitfalls, and preventable mistakes we tend to make when fear hijacks our thinking in times of economic instability.Also in this episode:The two ways we tend to overreact to change Two data points that cause investors to self-sabotage amidst volatilityThe big career mistake that will cost you peace of mind and progress Hey, before you go, do you want to continue the conversation with us and get insider access to more resources, tools, and training? If, so it just followed these three steps. One opened the episode description to click, see more and three hit the link that says join the private podcast community. Here you can discuss recent episodes with us, unlock exclusive insider gifts and accelerate your progress with proprietary tools that we've built just for you.

What if your deepest desires are the key to unlocking unparalleled wealth and fulfillment? We're not talking about the fleeting whims or material possessions, but those profound wants that drive you, shape you, and unleash your true potential. In this episode, we're turning the tables on conventional wisdom and igniting a discourse about the power of wants and desires in propelling personal growth, actualization, and wealth creation. Challenging beliefs and expanding perspectives, we probe into how the pursuit of our wants can spark creative energy and lead to tangible results. We differentiate between wealth and money, urging you to carve out a life not merely rich in money but in experiences and achievements. We touch upon the concept of memetic desire and the need to separate wants that are internally driven from those influenced by external factors. It's about aligning your desires with your best self and not being swayed by societal norms or judgments.Finally, we underscore the power of declaring your wants and breaking free from the fear that keeps you tethered. Through inspiring anecdotes, we highlight how ignoring the judgment of others can lead you to 'blowout success'. It's about finding your leverage, spending time on things that are meaningful, and embracing the journey of actualisation. By the end of this episode, you wouldn't just comprehend what living a wealthy life entails, but also be charged up to embark on your self-actualization odyssey. It's time to declare your wants, chase your desires, and unlock a life brimming with wealth in its truest sense. Hey, before you go, do you want to continue the conversation with us and get insider access to more resources, tools, and training? If, so it just followed these three steps. One opened the episode description to click, see more and three hit the link that says join the private podcast community. Here you can discuss recent episodes with us, unlock exclusive insider gifts and accelerate your progress with proprietary tools that we've built just for you.

In this short episode, Terry shares a candid conversation he had with one of Australia's most revered champions - and how it shaped the way he thinks about pursuing big ambitious goals. If you're going all in on something, but you're doubting yourself this episode is for you.  Hey, before you go, do you want to continue the conversation with us and get insider access to more resources, tools, and training? If, so it just followed these three steps. One opened the episode description to click, see more and three hit the link that says join the private podcast community. Here you can discuss recent episodes with us, unlock exclusive insider gifts and accelerate your progress with proprietary tools that we've built just for you.

The debate surrounding the Voice to Parliament has reached fever pitch. And for many of us, constructive conversations are hard to come by. But is this really because we can't agree or don't want the best for everyone? Or are we being played by a political apparatus that doesn't want us to look deeper at the unspoken economic issue at the heart of it all.  We all get to make a life-changing decision on Saturday the 14th of October. And getting beyond the headlines is critical if we want to get it right. In this conversation, Ryan, Terry and Mitch do their best to have a thoughtful discussion about internal and external obstacles that are getting in the way of clear thinking and constructive conversation.   Resources Mentioned:

We're evolving the way we produce this show. We've heard you for a while now. More of you want more content, more often. In this ep we outline how we're investing more into this podcast and changing our approach to give you more of what you want.  Hey, before you go, do you want to continue the conversation with us and get insider access to more resources, tools, and training? If, so it just followed these three steps. One opened the episode description to click, see more and three hit the link that says join the private podcast community. Here you can discuss recent episodes with us, unlock exclusive insider gifts and accelerate your progress with proprietary tools that we've built just for you.

In this episode, Mitch Parkins joins Terry to decode and dismantle the biggest money  misnomer money: that conditions must change before progress can occur. The most powerful gift you have to create the life you want isn't outside of you. It is within you. Your decisions shape your reality, but indecision only leads to a life of misery. In this episode, Mitch and Terry share everything they've learned combatting the 'miserable maybe' in their own lives. Plus what they've seen and understood helping hundreds do the same. If you've ever found yourself paralysed by decisions that have the power to move the needle in your life, this episode is for you. Also in this episode:Why we're so afraid of decisions (and who's the blame)How to face down your fear of making decisions Why every decision is a 'win' whether it works out or not. The 7 questions Mitch and Terry use to make important decisions that have the power to shape their future.  Hey, before you go, do you want to continue the conversation with us and get insider access to more resources, tools, and training? If, so it just followed these three steps. One opened the episode description to click, see more and three hit the link that says join the private podcast community. Here you can discuss recent episodes with us, unlock exclusive insider gifts and accelerate your progress with proprietary tools that we've built just for you.

Are you ready to redefine your relationship with money and turn it into a powerful tool for building your dreams? Tune in as we sit down with Mitch and Brooke, an inspiring couple who've done just that. From traditionally divided roles to what they call a 'money project', they've transformed their financial lives and in the process, created a life they love. Their journey is an eye-opener about the importance of financial communication, sharing goals and understanding roles in a relationship.We also dive into their mentorship experience that helped them kickstart this transformation. From making assumptions to opening up about their dreams and financial goals, their story is both relatable and aspirational. Mitch and Brooke's shared vision became the driving force behind their financial decisions, proving that when coupled with financial alignment, your dreams are not far from reality.But it doesn't stop there. The couple's shift in money management roles and how they started working as a team will have you rethinking your own financial dynamics. Using money mapping and forecasting, they've created a life they never wanted to escape from. Can you imagine that? So come join us for a chat that could inspire you to start making sound financial decisions with your partner, and who knows? It just might empower you to transform your own life through financial alignment. Listen now! Hey, before you go, do you want to continue the conversation with us and get insider access to more resources, tools, and training? If, so it just followed these three steps. One opened the episode description to click, see more and three hit the link that says join the private podcast community. Here you can discuss recent episodes with us, unlock exclusive insider gifts and accelerate your progress with proprietary tools that we've built just for you.

In the first two episodes of the love and money series, we explored the symptoms and revealed the causes of Dysfunctional Harmony. In this episode, you'll discover the cure. Helen and Terry reveal the most important factor for flipping the script, and why the SCARF model reveals for roadmap for reimagining your financial future as a couple. Also in this episode: 07:13

Money talk can be a minefield for couples. And for many it often becomes easier to avoid. But by understanding the true sources of tension and conflict, you can transcend it. In the second episode in the Love and Money series, Helen and Terry diver deep into the unconscious jobs we give money, and how these stories undermine our ability to cooperate with others effectively. If you've struggled with money talk in the past, this episode will explain why, and give you the tools you need to succeed.  Also in this episode: Why and how most couples tolerate 'norms' they hateDecoding our patterns of existence with The Four Financial Alter Egos Unravelling our money stories through three layers of meaningAccess Your Easter Eggs Here

In the first episode of this series on Love and Money, Terry is Joined By Helen Wilkie. Helen was featured with her partner Chace in PIP #59 and has now coached couples coming through the mentorship. In this episode Helen and Terry preview the couples series and start by exploring a single question: is the way we're working with money holding us back? To answer that question, you'll learn:  How to spot the 5 Warning Signs of Dysfunctional HarmonyWhy unrealistic ideals lead us astrayWhat being ‘on the same page actually looks like'If you've ever wondered whether you could be working better together and what that could actually look like, this episode is for you.Show notes: Click here to see notes on this show and all resources & links mentioned.  Hey, before you go, do you want to continue the conversation with us and get insider access to more resources, tools, and training? If, so it just followed these three steps. One opened the episode description to click, see more and three hit the link that says join the private podcast community. Here you can discuss recent episodes with us, unlock exclusive insider gifts and accelerate your progress with proprietary tools that we've built just for you.

Ryan and Terry debrief the Jonathan Bi interview and discuss how they're using mimetic theory to better understand life's most important decisions. Also in this ep:How to weed your wants to get more meaning from your effortsA more nuanced pursuit of 'retirement' How to switch your mimetic nature on and off using a key character trait

Our results and reality are created by our decisions. But our decisions are directed by our desires. So by better understanding and interrogating our desires, we can improve the quality of our lives.In this episode, Terry chats with Jonathan Bi. Jonathan is one of the world's preeminent experts on Renee Girard's theory of mimetic desire. This conversation brings a more practical, real-world understanding of this idea and how we can use it to more consciously pursue a rich and meaningful life through our life choices.Also in this episode:A fundamental, first principles explanation of where our wants come fromHow to identify pursuits of ‘prestige' that leave us unsatisfiedHow to use mimetic desire to amplify achievement