Meet Some Of Our Great Clients who have Gotten Some Great Results from maximising their money Via The Moneyfulness Method!

The Hardwicks

 

 

 

 

 

 

 

 

 

Meet Chris & Jess (and Immy)

This happy young couple became parents to their beautiful baby girl about 1.5 years ago. Chris is a Marketing Consultant and Jess is an Architect. 

What were they’re initial reasons for seeking Financial Advice?

After having their first baby, Jess and Chris felt it was the right time to get some professional advice in order to improve their Financial Planning. “Now we have Immy, we want to have the right insurances in place and make sure we are protected properly”. “We also want to put our money to better use. Again, this is probably due to having a baby because up until now we have cruised along and just enjoyed ourselves and spent the money. But we feel that for what we earn, we could be doing better”.

Why did they want to work with Coached financial planning?

Jess and Chris were referred to Coached from Jess’ sister who told them that the service provided was really personalised, helpful and family focused.


They said they liked the sound of this because they had previously met with other Financial Advisers at the big banks but always felt uncomfortable and like they were being sold stuff. 

 

What did they want to Achieve from their Financial Planning?

 

Jess said she wanted to;
Within 1 Year
●    Clear our debts
●    Have some “Freedom” money
●    Have an investment in place 


Within 2-5 Years
●    Move into our Family / Next Home
●    Go on an overseas holiday 
●    Have another baby


Chris said he wanted to;
Within 1 Year
●    Pay off our debts
●    Have a “Freedom” fund
●    Have an investment vehicle
●    Get our personal insurances set up


Within 2-5 Years
●    Have another baby
●    Get another car
●    Do an adventure holiday


They both said they wanted;
Within 10-15 years
●    Afford Private School fees for their children
●    Be Debt Free
●    Be able to retire young (have more work/life balance)

 

What Results did they get from working with Coached in the short term?

To help Chris and Jess get started with their Financial Planning, we put together a plan which helped them to;

Spending Strategies
•    Put in place a structured cashflow and bank account strategy to improve the management of their money.
•    Save $19,200 within 12 months to have a solid balance in their ‘Freedom' fund.
•    Save $9,000 within 12 months for Investment Opportunities.
•    Set aside $5,200 over 12 months for any unplanned Emergencies.


Savings Strategies
•    Make extra repayments of $13,000 over the next 12 months in order to completely pay off their Car Loan.
•    Make extra repayments of $9,100 into their home loan in order to save interest and pay off their mortgage sooner. This equates to an overall interest saving of $17,176 over the life of the loan. 
•    Change Jess’ Superannuation account to save approximately $438 in fees every year. These fee savings equate to approximately $47,859 once she reaches retirement age of 65.
•    Save $13,500 in order to commence their Investment Strategy within the next 12 months.


Safety Strategies
•    Put in place appropriate personal insurance which will pay out money to protect their assets, clear their debts, pay for large medical bills and provide a financial legacy to their future family if either of them was to get severely ill/injured or pass away early.
•    $600,000 to clear debts and protect assets
•    $758,000 to provide a financial legacy / ongoing family income
•    $200,000 to cover large medical bills
•    Put in place appropriate personal insurance which will pay out money to cover the loss of their income all the way up to the retirement age of 65 if they were to get severely injured or ill and could no longer work and earn an income to meet their family living expenses.
•    Between $70,000 - $87,000 per annum payable for up to 33 years.
•    Save $1,457 per year in Personal Insurance premiums. These premium savings equate to $29,140 over the next 20 years.

What do they say has been most Valuable about working with Coached?

"It has been great getting clarity and direction for our future investment strategies. Working with Blake has given us greater confidence and alignment of our long term goals. We are now more consistent at working as a team to achieve our version of financial freedom".

Jake & Lauren

 

 

 

 

 

 

 

 

 

Meet Jake & Lauren

These great humans have been together for a few years now and have reached a point in their relationship where they want to take the next step and buy a home together.  Jake works for Reece Plumbing and Lauren is a Teacher’s Aide who has almost finished her teaching degree and will become a Primary School Teacher in 2019.

What were they’re initial reasons for seeking Financial Advice?

Once Jake and Lauren had decided they wanted to buy a home together, they felt it was a good idea to get some advice from a financial expert who could help them to pay off their debts, increase their savings and get themselves into a good financial position prior to the purchase.  

Why did they want to work with Coached financial planning?

Lauren is the cousin of Blake’s wife and has known Blake for many years before she met Jake. This family connection definitely made Lauren and Jake both feel more comfortable about seeking financial advice from Coached because they felt they could trust Blake due to their family relationship.


However, despite this relationship comfort, Jake and Lauren also said they wanted to work with Blake because they had been seeing all the great work he had been doing with other young couples and families. Given his expertise in working with people just like them, they felt he would be the best person to help them, even if he lived in Brisbane and they lived in Melbourne…

 

What did they want to Achieve from their Financial Planning?

Lauren said she wanted to;
Within 1 Year
•    Finish my degree and get a full-time Teaching job
•    Buy the Land and Prepare for our House
•    Feel More Comfortable Moneywise
Within 2-5 Years
•    Move into our home
•    Have a family
•    Get Married
•    Go on a holiday to the USA (Our Honeymoon)

 

Jake said he wanted to;
Within 1 Year
•    Put down a deposit on the Land for our future home
•    Determine my Job security for the future
•    Rehab my Knee back to health
Within 2-5 Years
•    Be living in our house 
•    Pay off my personal debts
•    Start our family

 

What Results did they get from working with Coached in the short term?

To help Jake and Lauren get started with their Financial Planning, we put together a plan which will help them to;

Spending Strategies

•    Put in place a structured cashflow and bank account system to improve the management of their money.
•    Create a surplus of $22,228 for the next 12 months to be used for their savings and goals.
•    Set aside $5,200 over 12 months for any unplanned Emergencies.
•    Save $5,200 over 12 months for their Land deposit.
•    Direct $11,700 towards paying off their debts over the next 12 months. 

​​

Savings Strategies​

•    Save $9,646 in total interest overall by making extra repayments onto their Personal Loans and Credit Cards over the next 12 months. This allows them to pay off all their debts in 2 years rather than 11 years. 
•    Change Jake's Superannuation account to save approximately $106 in fees every year. These fee savings equate to approximately $22,573 once he reaches retirement age of 67.
•    Change Lauren's Superannuation account to save approximately $187 in fees every year. These fee savings equate to approximately $32,737 once she reaches retirement age of 67.

​​

Safety Strategies

•    Put in place appropriate personal insurance which will pay out money to protect their assets, clear their debts, pay for large medical bills and provide a financial legacy to their future family if either of them was to get severely ill/injured or pass away early.
o    $650,000 to clear their debts and protect their assets
o    $438,000 to provide a financial legacy / ongoing income to their family
o    $200,000 to cover large medical bills


•    Put in place appropriate personal insurance which will pay out money to cover the loss of their incomes all the way up to the retirement age of 65 if they were to get severely injured or ill and could no longer work and earn an income to meet their family living expenses.
o    Up to $43,800 per annum payable for up to 40 years.


•    Save $1,252 per year in Personal Insurance premiums. These premium savings equate to $25,040 over the next 20 years.

What do they say has been most Valuable about working with Coached?

"The most value thing for us, is knowing that our worries, money and future is being looked after by someone who has our best interest at heart. We can’t wait to see what the both of us can do together in regards to our finances and getting those dreams ticked off one by one."
 

The Humphreys

 

 

 

 

 

 

 

 

 

Meet Mike & Caitlin (And PJ)
This duet recently became a trio when they introduced their beautiful little boy PJ into the world. But before he arrived, Mike and Caitlin met with Coached to get themselves set up financially for the transition. Mike is an Emergency Department Doctor and Caitlin is a Physiotherapist. 

What were they’re initial reasons for seeking Financial Advice?

After attending an event hosted by Coached Financial Planning in mid-2018, Mike and Caitlin decided it was time to get some help with their Financial Planning. 

 

Prior to that, they had read the Barefoot Investor book and had intended to make some improvements with their money, however, due to being so busy with work (and a baby bump) they had not gotten around to putting those changes in place. So rather than keep putting things off, they felt it was best to work with an expert who could help them take action and get things sorted out, once and for all.  

Why did they want to work with Coached financial planning?

Having known Blake for some time, Mike and Caitlin both felt very comfortable that they could trust him to take care of them and give them good advice for their money and their future plans. In fact, they had previously talked about working with him before the event was even scheduled.

 

However, once they attended that event, this feeling was further confirmed, as they learned more about Blake's specialty for working with young families. After hearing that, they felt even more aligned to Blake, and decided he was the best person to work with them because he understood their current stage of life, both from his work as well as being at a similar stage of life himself. 

 

What did they want to Achieve from their Financial Planning?

Caitlin said she wanted to;

Within 1 Year​

  • Feel financially comfortable to take 1 year off for my maternity leave

  • Upgrade our Cars

  • Go on a family holiday overseas

  • Buy and move into our Family Home

Within 2-5 Years​

  • Have baby 2 and 3 (finish our family)

  • Be able to do regular family holidays every 1-2 years

  • Have investments in place (for extra income)

Within 10 Years

  • Have our eldest child start Private (High) School

  • Be in a financial position where I can choose to work rather than work because I have to

  • Be living in our forever home

 

Mike said he wanted to;

Within 1 Year

  • Finish my training and get a full-time job in Brisbane

  • Be financially set up for the kids

  • Have a home with a space for my garden

Within 10 Years​

  • Be able to comfortably afford the kids Private Schooling

  • Be living in our Forever Home

  • Be able to cut back on work or be close to doing that.

 

What Results did they get from working with Coached in the short term?

To help Mike and Caitlin get started with their Financial Planning, we put together a plan which helped them to;

Spending Strategies

  • Put in place a structured cashflow and bank account system to improve the management of their money.

  • Save $14,722 within 12 months to upgrade their cars.

  • Keep aside $20,000 for any unplanned Emergencies.

​​

Savings Strategies​

  • Change Mike's Superannuation account to save approximately $845 in fees every year.

    • These fee savings equate to approximately $95,815 once he reaches retirement age of 65.

  • Change Caitlin's Superannuation account to save approximately $243 in fees every year.

    • These fee savings equate to approximately $39,748 once she reaches retirement age of 65.

​​

Safety Strategies

  • Put in place appropriate personal insurance which will pay out money to protect their assets, clear their debts, pay for large medical bills and provide a financial legacy to their future family if either of them was to get severely ill/injured or pass away early.

    • $892,000 to clear their debts and protect their assets

    • $1,156,000 to provide a financial legacy / ongoing income to their family

    • $200,00 to cover large medical bills

  • Put in place appropriate personal insurance which will pay out money to cover the loss of Mike's income all the way up to the retirement age of 70 if he were to get severely injured or ill and could no longer work and earn an income to meet their family living expenses.

    • Up to $140,000 per annum payable for up to 38 years.​

  • Save $2,591 per year in Personal Insurance premiums.

    • These premium savings equate to $51,820 over the next 20 years.

What do they say has been most Valuable about working with Coached?

"As health professionals, we were acutely aware that financial planning was not where our expertise lay and that we would benefit greatly from advice moving forward. With our first baby, PJ, on the way, we were also eager to ensure we had appropriate insurances and measures in place to give us peace of mind should something unforseen occur- it was about more than the two of us now!"


"Blake’s focus on making your money work for you and your life is a refreshing context to discuss financial and personal plans for the future. While we want to proactively maximise our financial position (who doesn’t?!), we also wanted our strategy and plan to reflect our personal goals and values rather than be focused on the bottom dollar alone. Blake made this process easy and streamlined and has given us great peace of mind regarding our current position and future plans for our family" 

The Marshall-Messer’s

 

 

 

 

 

 

 

 

Meet Tracey & Jay
This cute couple recently got hitched after many happy years together. And now that they’ve tied the knot, they’re gearing up to start their family in 2019. What makes this couple extra cute is the fact that they not only live together but also work together within the same multi-national company as Corporate Managers. (Talk about two peas) 

What were they’re initial reasons for seeking Financial Advice?

Tracey and Jay were referred to Coached Financial Planning from their close friends who had told them about all the great things they were doing with their Financial Planning.

 

Up until that point, Tracey and Jay had been doing quite well with their money but were smart enough to ‘know what they didn’t know’. They knew they didn’t have the knowledge and expertise to move to the next stage of their life and Financial Planning on their own.  So rather than trying to figure it all out on their own or fumble their way through it, they wanted to work with someone they could trust to help them maximise their money and set themselves up well for the future. More specifically, they wanted to make a plan for their short-term goals which included paying for their wedding and preparing for a new baby as well as have a long-term strategy in place for their future family.

Why did they want to work with Coached financial planning?

Being referred from their close friends was a big reason why they wanted to work with Coached. However, before that, they had previously met with some other Financial Advisers, but those experiences had never felt comfortable. They always felt as though they were being sold something or that the advice being offered was not really focused on them or what they wanted to achieve in life.

 

Rather than being sold stuff, they wanted to have a relationship with their Adviser. They wanted to work with someone who cared about them and who could support them across their entire financial life both now and overtime. Fortunately, that is exactly what Coached Financial Planning is all about!

 

What did they want to Achieve from their Financial Planning?

Tracey said she wanted to;

Within 1 Year​

  • Get to a position where we feel more comfortable about starting a family and moving to one income.

  • Be able to increase our mortgage repayments.

  • Buy two new cars and new furniture for our new home.

Within 2-5 Years​

  • ​Decide if we should sell our current Investment Property.

  • Decide what to do with our current home (upgrade, renovate, sell?)

  • Be able to work less so we can spend more time together as a family. (Work Less and Live More)

 

Jay said he wanted to;

Within 1 Year

  • Start putting plans, strategies and actions in place to get us ready for phase two and three of our life.

  • Enjoy our wedding and honeymoon.

  • Pay down the mortgage even further.

Within 2-5 Years​

  • Buy two new family cars.

  • Be able to provide a comfortable life for my family (one income, have fun with no worries)

  • Pay $150,000 off our mortgage (from the start balance)

 

They both said they wanted to;

Long Term

  • ​​Pay off their mortgage asap.

  • Have Investments in place to provide extra cash in the future.

  • Give their kids a financial leg up in the future (maybe private school or a lump sum of cash when they are adults).

What Results did they get from working with Coached in the short term?

Below is a list of the benefits Tracey and Jay achieved with their Financial Planning over the initial 12 months of working with Coached;

Spending Strategies

  • Put in place a structured cashflow and bank account system to improve the management of their money.

  • Saved $21,000 within 6 months to pay for their beautiful Wedding and awesome Honeymoon.

  • Saved $3,900 within 12 months for any unplanned Emergencies.

    • During that time, they had an actual emergency when their garage door collapsed on their cars. Fortunately, due to their emergency savings they could easily afford the excess payment, and everything got fixed nice and quickly.

​​

Savings Strategies​

  • Made extra mortgage repayments and reduced their overall mortgage by $15,173 within 12 months.

  • On top of paying off their mortgage, they also added an extra $7,660 into their offset account (which effectively paid even more off their mortgage).

  • Improved their overall Superannuation investment strategies to be more strategic in volatile times.

  • Tracey saved approximately $416 in Superannuation Fees within 12 months.

    • These fee savings equate to approximately $57,914 once she reaches retirement age of 67.

  • Jay saved approximately $1,196 per year in Superannuation Fees.

    • These fee savings equate to approximately $47,881 once he reaches retirement age of 67.

​​

Safety Strategies

  • Put in place adequate cover which will pay out money to protect their assets, clear their debts, pay for large medical bills and provide a financial legacy to their future family if either of them was to get severely ill/injured or pass away early.

    • $576,000 to clear debts and protect assets

    • $548,000 to provide a financial legacy / ongoing income to the future family

    • $150,00 to cover large medical bills

  • Put in place adequate personal insurance cover which will pay out money to cover the loss of their incomes all the way up to retirement age of 65 if either of them were to get severely injured or ill and could no longer work and earn an income to meet their living expenses.

    • Between $89,000 to $95,000 per annum payable for up to 34 years.​

  • Saved $3,309 per year in Personal Insurance premiums.

    • These premium savings equate to $66,180 over the next 20 years of holding the cover.​

What do they say has been most Valuable about working with Coached?

"We have loved working with Blake over the past 12 months. From the outset, he took a lot of time to understand our needs to ensure our financial goals aligned with our life goals. We were fairly apprehensive about using a Financial Adviser but couldn’t recommend Blake’s services highly enough."

 

"As you’ll see from our story above, we’ve had many successes this year and importantly do not feel stressed financially as we have a clear plan in place to set us up for the future (particularly before the little Marshall-Messer’s come along)!"

 

"Importantly, we’ve had many friends in later life stages tell us they wished they’d seen a Financial Adviser when they were at our life stage so if you’ve been pondering this for a while, we would definitely recommending meeting with Blake to see how he can support you!"



 

Tom and Candice

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Meet Tom & Candice

This happily married couple are planning to start a family in the next few years. Tom is an Economist and Candice is a Hospital Pharmacist.

What were they’re initial reasons for seeking Financial Advice?

After attending an event hosted by Coached Financial Planning in mid-2018, Tom and Candice decided it was time to start improving their Financial Planning, so they could set themselves up well for the future. Up until that point they had discussed working with a Financial Adviser but hadn’t gotten around to doing it due to their busy schedules.

 

And whilst the event was a motivator for them getting started, another big motivator was their goal to start their family in the next few years. They both wanted to make sure they were maximising their money and getting themselves into a good financial position before they had their first child.

Why did they want to work with Coached financial planning?

Tom and Candice said they liked the idea of working with someone they knew and trusted and who was at a similar stage of life as them. This made them feel more comfortable when compared to working with someone who was older and could not relate to their goals or situation.

 

Tom also said he really liked the ‘Sweet Spot’ concept which he learned about at the event. He said it was refreshing to see such a balanced approach to Financial Planning where the focus was about enjoying life now and building wealth for the future.

What did they want to Achieve from their Financial Planning?

Candice said she wanted to;

Within 1 Year​

  • Enjoy our current lifestyle without having to make major sacrifices (go on holidays, eating out, etc).

  • Increase the balance in our offset account.

Within 2-5 Years​

  • ​Pay off 1/3 to 1/2 of our mortgage.

  • Consider starting our family.

  • Still be able to go on regular holidays.

 

Tom said he wanted to;

Within 1 Year

  • Have a good financial buffer to prepare for our family.

  • Get a second car (that runs properly).

Within 2-5 Years​

  • Have a financial buffer to allow for job changes.

  • Still be able to have fun and enjoy life.

 

They both said they wanted to;

Longer Term

  • ​​Provide Private School Education for our kids.

  • Be debt free by age 45.

What Results did they get from working with Coached in the short term?

Below is a list of the benefits across the 3 main strategies from Tom and Candice’s Financial Plan;

Spending Strategies

  • Put in place a structured cashflow and bank account system to improve the management of their money.

  • Save $10,400 within 12 months for their planned Holidays.

  • Save $10,400 within 12 months for any unplanned Emergencies.

​​

Savings Strategies​

  • Make extra mortgage repayments and reduce their overall mortgage by $23,914 within 12 months.

  • Improve their overall Superannuation investment strategies.

  • Save Candice approximately $427 per year in Superannuation Fees.

    • These fee savings equate to approximately $55,355 once she reaches retirement age of 67.

  • Save Tom approximately $454 per year in Superannuation Fees.

    • These fee savings equate to approximately $62,926 once he reaches retirement age of 67.

​​

Safety Strategies

  • Put in place adequate personal insurance cover which will pay out money to protect their assets, clear their debts, pay for large medical bills and provide a financial legacy to their future family if they get severely ill/injured or pass away early.

    • $481,000 to clear debts and protect assets

    • $770,000 to provide a financial legacy / ongoing income to the future family

    • $200,00 to cover large medical bills

  • Put in place adequate personal insurance cover which will pay out money to cover the loss of their income all the way up to retirement age of 65 if they were to get severely injured or ill and could no longer work and earn an income to meet their living expenses.

    • This equates to approximately $83,000 - $105,000 per annum for up to 37 years​.

What do they say has been most Valuable about working with Coached?

Tom says;

"Getting Blake’s help has been one of the best decisions we’ve made in a while (besides getting married). He’s really easy to get along with and takes the time to explain his thinking. The most valuable part for me was knowing that someone else has got our back when it comes to our financial goals. Thanks, Blake!"

Candice says;

"Thanks to Blake we now have our superannuation, cashflow structure, insurances and our wills sorted. This had been a goal of mine for a while but I just didn’t know where to start. We wanted someone we could trust and found Blake easy going, invested in our interests and willing to help us achieve our financial goals. We are looking forward to taking the next step and setting up our investment strategies with Blake in the very near future."

The fishers

 

 

 

 

 

 

Meet Rob & Davina

These high school sweet-hearts are married and planning to start a family within the next 1-2 years. Although they already have one (fur) baby named Toro, so they're not in any major rush... Together they also run their own Electrician Contracting Business (Charged). And despite their youthful good looks, these two spring chickens both had their 31st birthdays this year. 

What were they’re initial reasons for seeking Financial Advice?

When they first started working with Coached, they felt they were in a good financial position and they wanted to make the most of it. They’d started thinking about the future and they wanted to put themselves in a good financial position, so they could live comfortably both now and when they have children within the coming years. They also mentioned they’d achieved quite a bit in the previous few years and hadn’t set any goals for a while which had led to them start spending their money with no direction. So, they wanted to set some goals and get a plan in place to ensure they didn’t waste their money or time going forward.

Why did they want to work with Coached financial planning?

Rob said he didn’t trust many people. So, he wanted to work with someone, long term who he trusted and felt could help them progress towards their goals over a pro-longed period.

He also said he didn’t feel it was a good idea to work with an older person (50+) because he didn’t feel they would align with what he and Davina wanted. He said he felt more aligned working with a younger business / Adviser where they succeeded long term by helping him succeed long term. That way they were on the same journey together.

What did they want to Achieve long term?

Davina said she wanted to;

  • Always be able to afford a comfortable a lifestyle.

    • “Pretty much what we’re living like now in terms of the experiences we get to do.”

    • “From a future point of view, if I want to be a stay at home mum I want to be able to do that.”

    • “Comfortable that if you’re situation changes you can be flexible with that rather than be restricted by what you can or can’t do.”

    • “That freedom of being able to do what you want.”

  • Be able to start a side business in Property Development.

    • “Get to a stage where the business is doing really well, and I have the flexibility to do something like that on the side as well.”

    • “I'd like to do high-end duplex homes. It’s something Brisbane doesn’t really have.”

    • “That’s kind of what we essentially wanted and there’s no such thing.”

Rob said he wanted to;

  •  Get prepared for Starting a family.

    • “Be financially ready.”

    • “Dav’s be working in the business and be in a position to come and go as she pleases and me working the hours that I need to work.”

    • “I think we’re nearly there.”

    • “Having a good solid base under us, will make us more comfortable because we don’t want to bring a kid into the world and be in struggle street.”

  • Do more travelling​

    • “I want to see the world.”

    • “Maybe live in another country for a while.”

  • Become debt free as soon as possible.

    • “Owning my own house, owning everything I have and not having to pay the bank.”

  • Not have to go to work everyday (by having a successful business)

    • “That will give me time to do a lot more things.”

    • “We’d have, what I class as wealth, in regard to how long we don’t have to go to work for and still live comfortably.”

    • “Basically, having the freedom to do what we want, when we want.”

    • “By 40 I’d like to have a very good business that’s running and there’s no hands-on tools and maybe coach some sport for the kids.”

    • “Ideally, at 50 maybe sell the business and move on if it last that long.”

    • “By 55, I don’t want to work.”

  • Be able to set up the kids for a great future.

    • “That means a good education – private [secondary] school is a big thing, not because it’s a wank factor but more because I believe it gives you a big head start.”

    • “Play whatever sport they’d like without money restraints.”

  • Be in a position to venture into other businesses
    • "Have funding and time available to pursue new business ideas when they come up."

What Results did they get from working with coached in the short term?

Below is a list of the results Rob and Davina achieved in the first 12 months of working with Coached Financial Planning across the 3 core strategy areas we focus on when helping clients to maximise their money.

Spending Strategies

  • Put in place a structured cashflow and bank account system.

  • Increased their cashflow surplus by $11,495.

  • Reduced their interest payments by $6,200.

Savings Strategies

  • Paid off $56,034 of debt overall.

    • This saved them $7,893 in interest off their vehicle loan and paid it off 4.5 years​ faster.

    • This equates to a saving of $16, 564 in interest off their mortgage over the 30 year term. It also allows them to pay it off approximately 1.5 years faster.

  • Improved their Superannuation investment strategies.

  • Saved them $1,584 in Superannuation Fees.

    • These fee savings equate to $147,208 once they reach retirement age of 65.

Safety Strategies

  • Put in place adequate personal insurance cover which will pay out money to protect their assets, clear their debts, pay for large medical bills and provide a financial legacy to their future family if they were to get severely injured or pass away early.

    • $586,000 to clear debts and protect assets

    • $575,000 to provide a financial legacy / ongoing income to the future family

    • $150,00 to cover large medical bills

  • Put in place adequate personal insurance cover which will pay out money to cover the loss of their incomes all the way up to retirement age of 65 if they were to get severely injured or ill and could no longer work and earn an income to meet their living expenses.

    • Between $66,000 to $75,000 per annum for up to 34 years.​

  • Saved them $1,924 in Personal Insurance premiums.

    • ​These premium savings equate to $38,408 over the next 20 years.

  • Set aside $1,500 for emergencies so they don't have to use debt​ to get out of trouble if the unexpected occurs.

What do they say is most Valuable about working with Coached?

​"Working with Blake has given us a much better understanding of our financial position, rather than just spending money as we have it, and saving when we need to. It has given us a sense of security for our future."

 

"It’s always great to chat to Blake to check in on how everything is going – not just financial, but personal and business goals too." 

 

"Blake’s advice and strategies always seem to be well rounded – it’s not just about the figures, but also how everything fits in with our lives and current situation, and how it will help us achieve our goals now, and for many years to come."

The Two Brides

 

 

 

 

 

 

 

 

 

Meet Cleo & Olivia

These two gorgeous girls are set to be married in early 2019. After that they plan to start a family together within the next 1-2 years. Cleo is an Assistant Manager for a large plumbing company and Olivia is a Registered Nurse working in an intensive care unit. Now while these girls might be young in age (25 & 28 respectively) they are very mature in their mindset, choosing to get started with their Financial Planning young so they can get ahead sooner and have more financial security once their children hit school age. 

What were they’re initial reasons for seeking Financial Advice?

When they first started working with Coached, they had recently bought their first home and were feeling the pressure of taking on such a big debt, like many of us do, so they wanted to talk about ways of paying their mortgage off faster . They also wanted to make a plan and start saving up for their Wedding as well as improve the way they managed their money so they could put themselves in a good financial position and be financially comfortable by the time they started to have a family within the coming years. 

Why did they want to work with Coached financial planning?

The girls said they wanted to work with someone they could trust. Someone who would give them the same advice they would give their own family. And given that Blake is married to Olivia's sister, they had come to the right place...

 

But regardless of that family connection, the girls did say that working with family can be a weird thing, and if they didn't feel comfortable they wouldn't have done it. The reason they felt comfortable working with Blake was because he is at a similar stage of life as them and they really liked his philosophy about saving for the future but also spending some money on enjoying today. They really connected with that "best of both worlds" idea because they didn't want to be told to just save, save, save all the time.

What did they want to Achieve long term?

Olivia said she wanted to;

Within 1 Year​

  • Be ready to go with the Wedding (planning and money)​

  • Have an overseas holiday planned too.​

Within 2-5 Years​

  • ​Start a family​

  • Progressed in my career​

Within 6-10 Years

  • ​​Add an extension to the house​

  • Be able to afford for our kids to go to private school. ​

 

Cleo said she wanted to;

Within 1 Year

  • Do some minor things to the house​

Within 2-5 Years​

  • Have an investment in place​

  • Big family holiday ​

Wi​thin 6-10 Years

  • Have a diversified portfolio of investments​

What Results did they get from working with coached in the short term?

Below is a list of the results Cleo and Olivia achieved in the first 12 months of working with Coached Financial Planning across the 3 core areas we focus on when helping clients maximise their money.

Spending Strategies

  • Put in place a structured cashflow and bank account system.

  • Increased their cashflow surplus by $15,933.

  • Reduced their interest payments by $446.

  • Saved $12,303 for their Wedding and Honeymoon.

Savings Strategies

  • Paid off $19,641 of debt overall.

    • This saved them $446 in interest off their Credit Card and paid it off 1.5 years​ faster. They then cut it up and never used it again!

    • This equates to a saving of $20,654 in interest off their mortgage over the 30 year term. It also allows them to pay it off approximately 2 years faster.

  • Improved their Superannuation investment strategies.

  • Saved Cleo approximately $252 in Superannuation Fees.

    • These fee savings equate to approximately $25,453 once she reaches retirement age of 67.

Safety Strategies

  • For Cleo, we put in place adequate personal insurance cover which will pay out money to protect their assets, clear their debts, pay for large medical bills and provide a financial legacy to their future family if she was to get severely injured or pass away early.

    • $596,000 to clear debts and protect assets

    • $805,000 to provide a financial legacy / ongoing income to the future family

    • $150,00 to cover large medical bills

  • For Cleo, we put in place adequate personal insurance cover which will pay out money to cover the loss of her income all the way up to retirement age of 65 if she was to get severely injured or ill and could no longer work and earn an income to meet their living expenses.

    • This equates to approximately $55,000 per annum for up to 40 years​.

  • Saved her $844 per year in Personal Insurance premiums.

    • ​These premium savings equate to $16,896 over the next 20 years.

  • Set aside $3,690 for emergencies so they don't have to use debt​ to get out of trouble if the unexpected occurs.

What do they say is most Valuable about working with Coached?

"Working with Blake has been a truly invaluable experience. The obvious benefits are that we’ve been able to save so much more than we initially thought and really feel like we’ve started to build a solid financial future for ourselves in just twelve short months." 

 

"But it has really been so much more than that. From day one Blake has had this amazing ability to help us open up to each other about our financial goals and attitudes towards money. It’s true that money is something that can really put a strain on relationships, and to be completely honest it was taking its toll on ours. Together we’ve had to navigate a few bumps in the road and a couple of set backs which we would not have been equipped to do on our own. We both really feel that working with Blake has allowed us to open up that communication with each other and as a result we feel like we are much more secure in ourselves."


"Blake isn’t just a financial planner, he is a therapist, mediator and an ally. He has gone above and beyond for us and we can’t recommend his services enough." (And no he hasn’t paid us to say this - quite the opposite actually as we’re paying him!)

 

"Thanks Blake, we’re super excited to see what the future brings."

See What Our other Clients Say About Us

Google Reviews
Google.jpg
Facebook Reviews
FB.png
Do You Want To Become a Financially Free Family?
  • Find out if your family is making any of the common money mistakes by taking this 2 minute QUIZ

  • See how your family's Financial Planning stacks up by completing this SCORECARD

  • Read more about how Coached helps families to maximise their money in this BROCHURE

  • Discuss if the Moneyfulness Method is right for your family by requesting a FREE CALL 

  • Learn about the Moneyfulness Method by reading the BOOK 

Stay in touch
  • Black Facebook Icon
  • Black YouTube Icon
  • Black Instagram Icon

Blake Fitzgerald of Coached Financial Planning (ABN 28 452 214 548) is an Authorised Representative (1236826)

of Financial Force (AFSL 238 337)

FSG and Privacy Policy