Money Minded

Ask us a question or suggest a topic 🤙 Bitcoin is the most volatile ‘asset’ ever. And FOMO is real. To avoid making preventable mistakes, you need to be very prudent before putting any money in it. In this episode, Ryan and Terry explore the major considerations that have informed their thinking before settling on how much money (if any) to put into Bitcoin. Also in this episode: The major '...

Ask us a question or suggest a topic 🤙 In part two of their Fiat vs Bitcoin comparison, Ryan and Terry use a clever Willy Wonka analogy to explain the mechanics of the Bitcoin network and monetary policy. Following the same structure and their previous episode, they explore how Bitcoin would propose to handle the three functions of a monetary system. And in the process, they uncover how Bitcoin c...

Ask us a question or suggest a topic 🤙 In the first of a two-part discussion, Ryan and Terry set the stage for a like for like comparison between the centralised Fiat system and Bitcoins Blockchain alternative. in a wide-ranging discussion, they turn back time to answer two critical questions. First, how we got here, and second how it's working for us.  Also in this episode: The three functi...

Ask us a question or suggest a topic 🤙 Knowing why cryptocurrency was conceived is more valuable than knowing how the blockchain works. If you understand the insidious problem that Bitcoin as the first cryptocurrency was designed to solve, you’ll be much better positioned to ride the waves of change it is creating. The reason why is that you’ll have a much greater appreciation for the implication...

Ask us a question or suggest a topic 🤙 Is Crypto fools gold or the future of money? That is the question Ryan and Terry pose in the first episode of their new series: decoding crypto. After a 6-month learning project, they bring together the best insights and share the important changes that forced them to ‘take another look’ in order to be able to answer that question once and for all. Also in t...

Ask us a question or suggest a topic 🤙 In this episode, Ryan and Terry explain their system for teaching people to master their money. Drawing on their experiences applying the best insights from Scott Young's ultra learning principles, as well as core ideas from behavioural science and habit formation, they sketch out a tried and tested roadmap for accelerating and combatting overwhelm. If...

Ask us a question or suggest a topic 🤙 Learning is a skill, and those who reach their personal and professional potential use the same principles to master it. Scott Young used these principles to complete a computer science degree from MIT in less than 12 months. Then he gathered the best insights from other self-directed learners around the world and codified them in his best selling Book Ultra...

Ask us a question or suggest a topic 🤙 Today's tech driven information age drives change at a pace that is dizzying. What you knew last year is obsolete this year. And that means the ability to pick up new things fast is superpower that makes you rare and valuable in todays global economy.  In this episode, Ryan and Terry kick off a new short series on learning how to learn. And the focus fo...

Ask us a question or suggest a topic 🤙 In the final episode of their series on 'business as a vehicle for wealth' Ryan and Terry pull out their biggest take-homes from the interviews with each mentor. They also give some insight into their own journey into business and how they're applying the lessons learned in their own business. If you've been listening to the series on bus...

Ask us a question or suggest a topic 🤙 In their next SHOT, Ryan and Terry delve into an idea from investing that can be used to normalise failure in order to speed up success when starting a business. Then, as a way to apply this idea they share a coveted decision making framework used by the worlds top military strategists, startup entrepreneurs, and athletes. Also in this episode: The faulty th...

Ask us a question or suggest a topic 🤙 One of the biggest reasons people don't bet on themselves and build a business is because of not knowing how to manage the finances of a business. There's a whole new set of rules, and complexities that come with running your own shop - and it's all on you. Kate Toon knows this all too well. And she also knows how to overcome it. Kate is one o...

Ask us a question or suggest a topic 🤙 In this episode, Ryan and Terry talk about one of the most common ways we self sabotage ourselves when it comes to our finances. In what feels like a delicate dance between pain and pleasure, we tend to choose wrongly, and the cost is progress and ultimately success. If you feel like you have a clear goal and have been working hard without really getting any...

Ask us a question or suggest a topic 🤙 Business can be a vehicle for wealth. It can also become a burden on your time, a drain on your finances, and a risk to your relationships. In this episode, Terry brings on one of his mentors to explore this tension and how to deal with it. Lachlan Smith stepped off the career ladder to build a 60 person civil engineering company from scratch. He's tack...

Ask us a question or suggest a topic 🤙 Change is hard. Especially when it feels like you have to let go of something you've invested alot of time, money and emotional labour to build. In the first of their short SHOT style episodes (Short Hit Of Teaching), Ryan and Terry explore the concept of sunk costs and how they hold us back. Then, they share three powerful strategies for getting out of...

Ask us a question or suggest a topic 🤙 Starting out in business can be scary. There are so many unknowns, and even if you're excellent at what you do, business is a skill set that must be mastered in addition. As part of their short series on business, Ryan and Terry chat with Ray Corcoran. Ray is a business growth consultant with a colourful business story. Having owned and operated more th...

Ask us a question or suggest a topic 🤙  If you really study wealth for long enough and go deep enough, you'll start to see a clear pattern. And this pattern relates to how the 'self made' types use their time and talent to earn money. It just so happens to be the quickest and most rewarding route also. In this episode we reveal the fast lane to financial independence that most pers...

Ask us a question or suggest a topic 🤙 Facing your financial fears as a couple can feel daunting and even dangerous. In this episode, Terry chats with Sarah and David Thwaites. Their story is a powerful example of how couples can move through the challenge that comes with change. In the space of a little over a year, they've gone from suffering separately in silence to meeting weekly to mana...

Ask us a question or suggest a topic 🤙 In this episode, Terry's wife Elise comes on the show. Together they discuss their journey coming together as a couple and learning to manage their money together as a team. Also in this episode: Their biggest lessons around money and relationships. The big mistake couples make with managing money and how to avoid it.  How a book about equality improved...

Ask us a question or suggest a topic 🤙 We all have different ideas about money. And that can make it tough to talk about, especially with your partner. In this episode, Ryan and Terry tackle 'the money talk' and how to avoid the big pitfalls that only fuel the vicious cycle of tension and conflict that can occur. Also in this episode: The four stages of team development (and which stage...

Ask us a question or suggest a topic 🤙 Read Ultimate Guide In this episode, Ryan and Terry discuss a clever way to use equity in your home to build an ever growing stream of passive income. Financially savvy Aussies are using this little known strategy to pay off their home loan faster, save tens of thousands in tax, and accelerate their path to financial freedom. If you've been concerned th...

Ask us a question or suggest a topic 🤙 Debt is a pretty polarising concept. Some people love it, and it lures them into a lifestyle they can't afford. Others use it to accelerate their wealth. Others still avoid all forms of debt like the plague. In this episode, Ryan and Terry explore the various properties of debt and how the concept of debt interacts with our psychology and our circumstan...

Ask us a question or suggest a topic 🤙 In this episode, Terry chats with award winning mortgage broker and property advisor Chris Bates. Chris dispels the myths around mortgages and shares some of his best insights for navigating property purchase decisions and securing loans for property.  If you're in the market for a new property soon, or maybe you're even looking to refinance and yo...

Ask us a question or suggest a topic 🤙 It's true that the best investment you'll ever make is the investment you make in yourself, but that doesn't mean it's easy.  No one ever really explains how we should think about making these investments in our future. And at the same time, the internet has unlocked a universe of possibilities, but more choice often makes choosing harder...

Ask us a question or suggest a topic 🤙 In this episode, Ryan and Terry discuss the most powerful insight they've learned for realising potential and achieving big ambitious goals. If you've set big goals for the year and what the cheat code for success, this episode is for you. Also in this episode: The biggest mistake we tend to make when going after our goals - and why the smartest pe...

Ask us a question or suggest a topic 🤙 In this episode, Terry chats with Leigh aka Family Finance of Youtube. Together they discuss the ins and outs of supercharging savings for a family earning a middle income with multiple children and a mortgage. If you've been looking for some inspiration or even a bit of a kick up the butt, this episode is for you. Also in this episode: The big life mom...