Amy Poching

have some decent insurance cover but maybe like half that cost um so you're still covered but maybe we could add some excesses or um yeah lots of ways that we can still make sure you're covered about around the big risks but just reducing those premiums to free up like an extra 10 grand of cash flow to invest because there's a fine line between it's great to be so well protected and

But you've got to make room to grow wealth as well.

So many people are the opposite way.

So many people are like, oh, we don't want insurance.

We just want to focus on growing wealth and have no insurance.

So you've got to want to grow wealth, but also just make sure you're protected around the big stuff too.

Yep.

So we've just bought their insurance costs down.

And I think just the awareness that they were spending $136,000 on living was like, wow, that was a bit of a wake-up call for them.

And so, you know, they said...

That their spending habits have changed just like without them really trying.

It's just now that they are aware, they just spend money differently and they're only spending on things that actually they really value.

And so we're going through a bit of a test thing at the moment where I see that because they're very keen to invest in property and I want to make sure that they can handle the cash flow.

So I said to them, look, set up, you've got this account over here that's not doing anything.

Treat that as your investment property account.

You know, if you were to buy this investment property, you know, you're going to need to be topping it up $250 a week.

So set up an AP, $250 a week into this account.

Let's do that for three months and see how you feel.

Nice.

Let's prove to yourself that you can do it.