Latest / Money Grows on Trees / #240 - How Pam Built a 6-Figure Portfolio and Quit Her Job for Good

Transcript

#240 - How Pam Built a 6-Figure Portfolio and Quit Her Job for Good · Money Grows on Trees

0:00
I went from a $1,000 investment portfolio to
0:05
One more time. Went from $1,000 investment portfolio to
0:10
You need to work on the way that you look at money. It
0:13
all starts in your brain. And then it's the behaviors that you
0:17
implement, the actions, the emotions attached to
0:20
that. You have to have a good relationship with your money to
0:31
What would be some of the advice you can give others? I think the best tip
0:35
would be to... I'm Lloyd James Ross, seven-figure investor and entrepreneur,
0:38
and I've helped thousands of business owners and professionals turn financial
0:42
stress into success. If you're stuck in old money habits, overwhelmed
0:46
by investing, or unsure where to start, this is for you. I'll
0:49
give you the mindset and strategies to take control, grow
0:53
your wealth and achieve financial freedom. It's time to make
0:56
your money work for you. Well, welcome to this very special
1:00
episode of the Money Grows on Trees podcast. I've
1:04
got a very special guest in the studio today. We're going to interview her.
1:08
And what I love about her is she's actually Well,
1:12
she's amazing as you'll get to see and hear, but she's
1:16
actually one of our students who's come through all of our programs
1:19
actually. And I'm really excited for her to share
1:23
her entire story through not
1:27
having financial things under control
1:31
to now absolutely dominating financially. And
1:34
she's gonna share some wisdom with you as well, but it's gonna come straight from
1:37
her, which is why I love it. And you're gonna get the whole spectrum of
1:41
her story, but she's now financially stable.
1:45
She's a mental health worker and practitioner, and she's
1:48
been able to free herself of nine to five life
1:52
and become time rich. And she's learning how money buys happiness and
1:55
all these incredible things, and it's totally transformed her life. And
1:58
we're gonna, ask her some really cool questions to showcase
2:02
to you guys and share with you some of the amazing things that
2:06
can happen to everyday people when
2:09
they get their finances under control. So I haven't done this
2:12
before. This is like a student coming on to the show. So
2:16
I'm very excited and thrilled to welcome Tammy
2:28
Here we are. Look at us do this together. What a journey it's been for
2:31
It's been an incredible journey. I don't think words
2:37
Yeah, we were having a conversation in the car on the way here, cause you know, Pammy's up
2:40
from Sydney and we had a function
2:44
last night, which was super fun. And then I picked you up this morning and
2:47
we drove here and we're just talking about some of
2:51
the things that you've done over the last few years, actually, since we met
2:55
and since you've come through some of our programs and read our books. So
2:59
I'm really excited to share with everyone some of the cool stuff we spoke about
3:02
just in the car too. Like one particular story that I
3:06
love that I didn't know until today that we're going to share towards the end.
3:09
So stick around to the end because that is, I think that's
3:12
the true essence of why we're trying to become financially independent.
3:16
The thing that you just shared with me in the car, I really want them to listen to that. So before
3:21
we go into the cool stuff, I would love you
3:24
to share with us and take us back to before we met
3:29
and when things weren't totally aligned for you in
3:32
your finances and what was happening in your life then. Just take us back and
3:37
Yeah, I think that's an excellent question, Lloyd. And going back
3:41
to 2020, 2020, actually, I remember
3:45
looking down on my bank account, just before, just
3:48
when COVID hit. And I remember looking down and I had $1,000 to
3:52
my name, had been working in the mental health
3:55
field already for five years. And I just got this echoing sound
3:59
in my head that said, Pam, what are you doing? What
4:02
are you doing? You have to move back home because you don't know what's gonna
4:06
happen with the world But you don't have anything behind you Of
4:10
course I had, you know, 26 countries that I had traveled But in
4:17
Yeah, so you had the experience of traveling? Yes, which is wonderful living
4:20
life. And so what what what what feelings did
4:27
To be honest, I felt very ashamed. I felt ashamed because
4:30
one of my biggest missions was to break generational patterns.
4:35
And what I wanted to teach my clients was to do that and to
4:38
believe that it's possible. But if I wasn't doing it
4:41
for myself, It felt out of alignment to be
4:47
So that's when I started to go deep into my money mindset.
4:51
I started to read all the books on money. And then I came across your
4:55
Money Buys Happiness book. And I was like, great. I
4:59
don't need another book. I need a mentor. And
5:05
There's this funny video we did. Actually, you might have watched it.
5:08
When I even say that, I'm like, you don't need another book. You
5:12
need to execute and take action. And you're quite right, like,
5:15
because we've all read books, but how many of us implement the things we read in
5:18
the books, right? So you discovered that. Quite
5:22
rightly like actually I don't need another book. I
5:25
need some accountability here How do we implement the stuff right?
5:30
And so it was very important to you obviously because you were feeling a little bit of shame around it
5:33
You wanted to walk the walk as well as talk the talk. And
5:37
so I Still remember we're chatting in the car actually on the way here like
5:40
their first very first call we did together before you started formally with
5:44
us and when one of our programs in our coaching program and
5:50
I think we had a discussion about breaking down, like what's
5:54
it going to cost you not to change? And I think together, I remember pulling
5:57
out my phone, I was like, oh, let's calculate it.
6:01
And I got in the calculator, I'm like, this is how much it's going to cost you not
6:04
to change. And it was an actual figure, remember? And you're like,
6:10
And so we did start then, you
6:13
decided to work with me and I decided to work with
6:16
you. And what a great decision that was because you've had
6:19
so many, I mean, incredible breakthroughs
6:23
and changes when it comes to your money. So tell us when you
6:27
made that decision, you're like, okay, I do want to mentor. What
6:32
was going on in your head? at the time and
6:35
what did you think? Like what was the story you were telling
6:42
It's a long time ago, but also feels like yesterday. I
6:46
remember paying for the mentorship and
6:49
I had that thought of, did I just make the best
6:53
decision of my life or the worst? And
6:58
yeah, I think what was going back then in my head was
7:02
it's time. to change and it's time to
7:06
walk the path with someone that's already done that. Because
7:11
growing up, I didn't have any role models that
7:14
I could turn to financially. I didn't
7:17
come from wealth and I didn't come from a generation
7:22
that would actually teach you how to be
7:25
smart with your money. So I wanted to
7:29
change my life for the better, but also for the people that
7:34
Sure. Yeah. Because when you become better, you inadvertently inspire others to, to
7:37
play better too. But you didn't have any benchmarks. You didn't have anything to
7:40
measure that against because you didn't have anyone around you. You could model to
7:46
Yes. And I remember I had like five different
7:52
The more bank accounts I have, the wealthier I'll get. Yeah. I remember
7:56
that too, actually, because that's one of the first things we talked about. Is
7:59
this when you start to get your money into control, we just have to get rid of the chaos and,
8:03
and, and make things simple, right? Simplicity is the
8:06
genius of, of, of money management and anything for that matter. So
8:10
again, so you started and you're right, like, Is this gonna be the best
8:13
decision of my life or like a really bad decision? Spoiler alert,
8:17
it worked out. It worked out, we're here in the studio, a
8:20
couple of years later. So I'm glad you did that because
8:24
I remember that one of the first things we looked at was simplifying things for you. So
8:28
what were some of the goals you wanted? Like what were some of the things you thought you
8:32
wanted to achieve back then? Like what inspired you? What
8:38
I wanted to look down on my bank account and not feel disappointed. Firstly,
8:43
but I also wanted to see what life could actually be like
8:47
differently. You know, I feel
8:50
like I saw what back then
8:54
to me seemed like celebrities, right, like yourself, and I
8:57
would stalk you. I think I stalked you for 12 months before I
9:01
joined your mentorship. And I was like, that's
9:04
exactly who I want next to me, right?
9:08
Because you have to be with someone that is in alignment with your values. And
9:12
that's exactly what I saw in you. So I wanted not
9:15
only to look down on my bank account and feel proud, But
9:18
I also wanted to grow as a person and I wanted to be able to hold
9:22
money without shame, without guilt, without all
9:25
those yucky feelings that you can experience. Sometimes when you look down at
9:29
your bank account or when you talk about money, because especially, you
9:33
know, my Latin background, you know, we grew up with don't
9:37
talk about money or live the moment. You
9:40
know, we are very known for living the moment and YOLO mindset.
9:48
Yeah. Okay. I agree. Yeah. Yeah. There you go.
9:52
It's so interesting, isn't it? How we, our backgrounds dictate how we are with money as
9:55
well. Yeah. Well, I'm glad that you stalked me for 12 months
9:59
and that we started working together because some of the things started to change fairly quickly. And
10:03
what I love about you the most is you're an action taker and we often say that action
10:06
takers are moneymakers. That's right. And so people
10:10
are trying to learn their way through money. And you can learn some stuff, but
10:15
it's the action taking where you learn the most and get the most traction. In fact, all the
10:18
traction. And so from that
10:21
outset, measurably, what are the things that
10:26
we put in place or that you did to change things like
10:32
Well, firstly, it was getting my bank accounts in order. We
10:38
And I felt instant clarity. So
10:43
that was the first thing we did. And then the second thing we did is just
10:46
to pay off my debt. And I remember my hand shaking when
10:54
And I remember messaging you and I was like,
10:58
with my personal loan at zero, zero, zero. And I was like, oh my God, I did
11:01
it, I did it. So it was simplifying my bank accounts, it
11:05
was paying my debt and most importantly,
11:13
I remember that was one of the scariest decisions to deposit a
11:17
thousand dollars into my bank account. I
11:20
had no idea what I was doing and I just needed to trust.
11:26
Well, you know, I think what's great about your journey
11:29
there at the start was you built up some confidence because getting your
11:32
bank account sorted First step, and you
11:35
did that very easily and quickly. Second step, pay off debt.
11:39
And I remember it was like, it's almost like you needed, you
11:44
were waiting for permission to pay it off because you actually could
11:48
have paid, you paid it off quickly once you made the decision to pay
11:51
it off. And so part of the, you know, being mentored is
11:55
just encouragement and
12:01
how can I say? accountability to,
12:06
and even granting some permission sometimes, to actually go do the thing.
12:10
Like, you know, you're allowed to pay that off faster, you know? And
12:14
what are some of the unique ways you can actually do things to pay
12:17
it off faster, right? And so you
12:20
did that, you got your debt off, which is great. I mean, and that by itself is amazing. Just
12:24
feeling free, right? When you paid your debt off. I
12:27
remember the day. When
12:31
you then went to the investment side of things, what you learned was
12:34
the investing stuff. So you were educating yourself. So you
12:38
knew what you were doing, right? And that's what I love about
12:42
how you did it. You actually learned the stuff and then executed
12:45
yourself instead of relying on someone giving you advice.
12:50
So you knew exactly what you were doing. You knew what
12:54
investments were all about. And then you took that first step. And
13:02
I was thinking about that as we were coming here. I think it's two and a half years ago.
13:05
Yeah. And, uh, yeah, it's just incredible
13:12
We're going to get to the juicy stuff now because, um, what's
13:16
great about when you make a decision, like you did to sort
13:19
out your finances. you lay the
13:22
foundations. It's like the first day you plant
13:26
the seed is not the day you pick the fruit. And so you have to lay
13:29
the seed or plant the seeds, which is what
13:33
you were doing. And once you plant the seeds, you then got to cultivate it,
13:37
put sunlight on it, water it, and wait. The hardest thing is to
13:40
wait. Because people are like, I've planted the seeds. Now
13:44
when do I go lay on the beaches of Vanuatu and do nothing? Well,
13:47
that's later when you pick the fruit. So you laid the foundations, and
13:51
then you've got the foresight and the maturity to be patient with it.
13:58
And so that's kind of what happened probably over that 12 month period, and many other
14:01
things we'll cover. But before we get to the
14:04
specifics of the fruit that you're now picking, What
14:09
are some of the things you learned about money or working
14:13
together that happened to you that were not specifically
14:17
around money, like data, like
14:20
measurements, like what some of the subjective things, the behavioral stuff
14:29
Such a good question. There's just been so much learning. It's
14:32
hard to think of a few, but basically number
14:37
one, money's energy. That's
14:41
one of my biggest lessons with working with you is that
14:44
you have to have a good relationship with your money to
14:54
that it all comes back to what money mindset do you have about money? Because
14:58
if you look at your money and you have a negative energy
15:02
towards it, or you think that money is evil or money is
15:06
limited, it can have an impact on the behaviors that
15:10
you take then. So I think one of the things that we worked on
15:13
initially was my money mindset. How to go from YOLO money
15:16
mindset to actually, I can have a good loving
15:20
relationship with my money. And as a result, I
15:23
was able to implement the behaviors that I needed to be able to
15:29
Yes. So we definitely adopted a new mindset
15:33
and certainly the new relationships like what sort of relationship do I want to have with money? So
15:37
at that point you talk about this YOLO mindset. So that for
15:40
the audience YOLO stands for you only live once. And
15:44
the mindset you're talking about was when money comes in, I could die tomorrow,
15:48
so I might as well just spend it, right? YOLO, I'll YOLO my way
15:51
through life. And that was the relationship you had with the money, right?
15:55
And it was probably also the relationship you had with yourself, like, I could die tomorrow, so I'm just gonna
15:59
live life. And like what you said before, your Latin heritage, right?
16:02
It was like, this is how we are as people. We live for the moment, right?
16:06
Which is true, and it's great, but it's not the be all and end all, and it probably
16:09
put you in a position where you're like, uh-oh, COVID's here. Now
16:13
we have to fix those YOLO
16:17
moments we had. Do
16:24
Oh, absolutely. Absolutely. I'm not the person that I
16:27
was two and a half years ago. I can tell you that very confidently. And
16:32
I can tell you that one of the things that really helped me with that was
16:35
you telling me, Pam, go out and
16:39
make a mess. No one's going to remember in 20 years.
16:44
And that allowed me to go and make a mess, go and
16:47
step out of my comfort zone. But it also allowed me
16:56
Well, basically I, like I said, firstly I had to change
16:59
my money mindset and then I had to change the relationship I had with money. But
17:03
then I had to create rules to live by. And
17:06
I think that, like we were saying, you know, cultural
17:11
expectations and environment and sometimes
17:14
it was almost like letting go of what other people expected
17:19
me to do and just coming back to what I wanted to do.
17:23
and my money rules became, I'm gonna think about it
17:26
for 24 hours before I purchase that. Or
17:30
I'm gonna go overseas and not
17:34
use any credit cards or personal loans ever. I
17:38
think that it was just really allowing myself to have a good relationship with
17:44
Yes, wonderful. So you put boundaries in place. and
17:50
you started to live by the boundaries. Because if we have, let's say for example, a
17:53
teenager and we leave the liquor cabin open and we say,
17:56
hey, you can go and drink all the alcohol you want at the age of 15. We
18:00
come home and they're absolutely blind, drunk and probably in hospital because there's no
18:03
boundaries, right? And we can see what happens to children when they're
18:07
not disciplined or have no rules to follow. There's no boundaries
18:10
to, it's like when you go bowling and there's no bumpers, you
18:13
just bowl it and it goes in the gutter. And so with your money, it's
18:18
about you had these bumpers in place, right? So like not traveling on
18:21
credit. And You
18:24
know, just some of the simple ones like having the one bank account and
18:28
I will sleep on it for 24 hours before I purchase it. And I know you've
18:31
got more money rules than that, but you would have listed your money rules that
18:35
we went through. And those boundaries then allow
18:38
you to stay in some sort of zone of wealth
18:42
that is hard to move out of. And then over time, with
18:46
some of those results you're starting to see, it reinforces and
18:49
recultivates the new money mindset that you are
18:53
wanting to adopt. And now you've developed a new identity
18:57
from that as well, which we can see here. How amazing do you
19:00
look like? You come in here, professional, you know,
19:03
money is energy. So you've attracted all this, right?
19:06
You attracted this, you're attracting everything, which we'll get to in
19:10
a second. But it comes from those foundations that
19:13
you set. So this is where the work is done. I had to sit there and literally
19:17
write it out. These are my money rules. And this is, I'm going to pay
19:20
off the debt, I'm going to do it now, I'm going to shake when I do it, and I'm going to learn about investing and
19:23
then implement a small step. And I'm going to get
19:27
my bank account simplified. And I remember when you went to put that
19:30
into action, there was work to do. And you've
19:34
always done the work. That's why you're sitting in the studio here. You
19:37
do the work, you implement. Okay, cool. So
19:41
since laying the foundations and planting the seeds three
19:45
years ago, two and a half years ago. God, it's gone fast. Just
19:49
quickly, if you're ready to take control of your finances but feel stuck on
19:53
where to start, I have a solution. My book, Money Buys Happiness,
19:57
simplifies investing and wealth building with practical steps to help
20:00
you achieve financial peace. Get your copy via the
20:03
link in the show notes and let's get your money working for you. Now, back
20:07
to the episode. What are some of the measurable
20:12
money outcomes that you've achieved. So give us some like when you paid off the
20:18
Back then I had a $25,000 debt. Oh,
20:22
that was one of them, which was my personal account, but I also had a Hex
20:25
debt. And for anyone that knows me, I am a
20:29
learning nerd. I love to learn. So
20:33
I had accumulated, you know, different degrees and that meant a
20:37
lot of Hex debt. So I had a lot of Hex debt
20:40
and yeah, I had to pay off my personal loan. That's
20:48
Yeah, it was on your mind. And so you paid that off
20:51
first, right? Yes. Gone. That was a big move. So
20:59
To be honest, I feel like the first four months, it
21:02
was really buckling down and taking action.
21:07
And it was incredible to see, and this is why I go back to Money Is Energy, because
21:10
as soon as I started to show money that I can handle it, and
21:14
that I was going to become the person that
21:18
I needed to be to be able to handle more money, that's when things started
21:21
to happen really fast. That's when
21:25
I came to you and I said, Lloyd, I'm overwhelmed. I have so many plates.
21:28
I don't know what to do. And you said to me, okay, we
21:32
did an exercise together. And by the end of
21:35
that call, we made the decision that I was going to live my nine to five and
21:42
commit fully to my business. Right. But it
21:45
took me to believe that I was capable and had
21:50
the belief behind me to be able to tell money, I've
21:55
Yes, amazing. It's funny because
21:58
that's a very vivid
22:02
call because I remember that call specifically. I remember it so vividly. It's
22:06
actually in my new book, Become Time Rich and you're in there. And there's
22:10
a nice discussion about that. There's an exercise for people to do because it
22:13
is so powerful. And so what you're talking about was at the time,
22:17
you're putting things in place around your money, but you're also grappling with
22:20
a few things on your plate. And you talk about spinning plates. You're
22:24
spinning all these plates and you're in overwhelm. And as soon as people are
22:27
in overwhelm, I instantly know it's got not
22:31
to do with a knowledge gap or a skill gap. It's
22:34
got to do with the fact that I've just said yes to too many things at once. And I
22:37
don't know how to get rid of the plates. So the exercise we did was I
22:43
think I said to you, write down all the things that you're working on. I think you wrote down
22:47
10 things, like boom, boom, boom, boom, boom on a paper. We did it. Then
22:50
I set the stopwatch and I said, all right, ready? You're like, yes, I'm
22:53
ready. Here's what we're gonna do. I want you to cross out everything that doesn't
22:57
matter to you except for three things. Remember that? And
23:00
you start crossing them out, boom, boom, boom, boom, boom, boom. And I was timing
23:04
it and I was like, stop, pens down. You're like, oh. And I remember you looked
23:07
at the paper and I said, what's on there? Oh no, I said, what did you cross
23:10
off? You go, oh, I stopped my job. I was
23:14
like, whoa. I was like, that's incredible. And so
23:18
what we found in that exercise was your job, you were holding
23:21
onto it and you didn't need to anymore. And
23:25
I was like, and you kind of made that leap. You're
23:28
ready to go from the job. I was like, really? And so
23:32
you think that was holding you back. Let me ask you this, what
23:35
was holding you back from staying in your job when you knew your business that you're
23:38
working two or three days a week at, you were struggling to
23:42
transition out and jump? And it was obvious
23:48
I think it was needing that false security, that
23:53
safety blanket. And I think that's what holds
23:56
a lot of us back because we think we need to have
23:59
that safety blanket before we can make the move. But when we had
24:03
the discussion of what is it costing you to actually stay, that's when
24:06
I realized I'm like, I either earn $39 an hour or $230 an hour.
24:10
And it was such a, bulk
24:16
moment that I was like, what am I doing? I'm getting
24:23
Yeah. When we measured, because there's a cost of making a decision and
24:27
there's a cost of not making a decision. They're both decisions. It's
24:30
a decision to do or decision not to do, but they're both decisions. So
24:34
one of them you saw was going to create $38 an hour, $39 an
24:38
hour. That was one decision. The other decision was $230 an hour. And
24:43
so when we laid out the decisions, it made absolute logical sense to
24:46
you. And you're a logical thinker through your background in, you
24:50
know, psychology and so forth. So it's like your brain went. Instantly,
24:54
it was amazing. But then, because you crossed him out too, I think you
24:58
may have had, correct me if I'm wrong, you may have felt a little bit bad
25:01
for disappointing the boss you had, because they were good people. Did
25:05
Yes, big time, big time. Recovering people,
25:09
please are here. Same. Yeah,
25:14
I remember the hardest decision wasn't making the decision
25:17
to leave my nine to five. The hardest decision was, when am
25:21
I gonna tell my incredible boss that I'm gonna leave? And
25:24
I remember you say, like, I think I said to you, okay, maybe in
25:28
six months time, I'll do it. And I remember you saying to me, why
25:31
not tomorrow? Why don't you write your resignation tomorrow?
25:36
I was like, oh, Lloyd. always pushing
25:40
me out of my comfort zone. And I think by the end of that week,
25:43
I had written my resignation letter had,
25:47
you know, I called him and I remember saying to him, I need to talk to
25:50
you. And he just knew, I think he knew, I think any, I
25:53
think everyone in the company knew that I was holding myself back.
25:57
They were just waiting for me to make that step. So when I
26:00
called him and I said, I need to talk to you, he said,
26:12
And then within a month, uh, yeah, within a month's time I was out.
26:22
Yes. Yes. Yeah. That's right. Even our minds playing
26:26
tricks on us still like my dream job. Wait, my dream business.
26:30
Yeah, there you go. I remember that. It was awesome of you to do
26:33
that and jump. I mean, look at the time you've just six months. I'll
26:37
do it in a year. Why? It's like why
26:42
do we put limits on when we want to
26:45
start living the ideal life we want to live? Our mind is like that. Our
26:48
mind will deceive us first, then it will deceive others. So
26:52
it deceived me. It was trying to deceive me. It's like, I'll just do it
26:55
in six months. No, it was deceived. You deceived you first. They
26:58
got you like your mind gets you first, like six months ago. Then you,
27:01
then it tried to deceive me. I'll just do it in six months.
27:05
And your brain was telling me, I'm like, no, no, no, no, brain. No, no, no, no, no,
27:08
no. We'll just do it tomorrow, right? Yeah. And I can
27:13
help you with those things because I have been there before. I know how
27:16
hard it is to write the resignation letter and disappoint people to
27:19
get what you want, right? But there's courage in that. The
27:23
courage to be disliked, right? Great book. And so you
27:26
did that, right? So you crossed out all the things, you alleviated all
27:30
the overwhelm, you instantly had clarity, like
27:34
getting rid of the bank accounts, and then the debt, and then, you know, moving
27:37
forward with other things, and then getting rid of the stuff off your plate. In
27:41
that exercise, you then had the courage to leave your job. Big
27:46
changes, bold action taking. And
27:54
Four months. Yeah, it was too. That's right, four
27:57
months. We must have done Facebook live together.
28:07
Yeah, four months is fast. You can turn things around in 90 days though,
28:10
right? Like this is what you did. Now, since
28:14
then, How has all this impacted your
28:18
life? Like what's your financial situation like? What are some of the massive
28:21
wins you've had financially? And what are some of the lifestyle
28:29
No, just so many. Well,
28:34
I'm just going to stick to the facts. So basically, like
28:38
I said, went from $39 an hour to 230 an hour. That
28:41
was a massive step. And then I went from
28:45
a $1,000, $1,000 investment portfolio to 100,000 portfolio. And- One more time. Went from
29:06
Yes. Well, that's it, right? And the thing about that,
29:10
and it was really about following your
29:17
So once I set it up, I just forgot about it. And
29:21
it just kept building and building. And the dividends, I didn't take,
29:24
I haven't taken any of my money out because I trust the system
29:28
that we have. And that has allowed it to just do
29:34
Yes. So you planted the tree and you've left it. Right.
29:41
Yes. While still traveling, while still working, while still doing
29:45
things, we're still living like you're on the Gold Coast today. And you've come from
29:48
Sydney, so you're still doing great things, which is
29:52
unbelievable. So well done on that. Anything
29:56
else? Fact was, so you increase income drastically, which
30:04
Oh, yes, what we were talking about in the car. I
30:08
This is a lifestyle one, right? This is the this is the impact. Yeah,
30:12
I think you're gonna tell this story. This is the impact of the things you did,
30:20
Play the Okay, so one of my biggest values
30:24
is to contribute, to give back. And
30:28
As a migrant, that was one of my biggest goals, to be able to
30:32
give back not only to my family, to my community, to
30:35
the people around me. And one of the goals that I
30:38
set myself last year was, I wanna sponsor at
30:43
least one of my family members to come to Australia. Because
30:47
if we were given that opportunity, I wanna be able to give that opportunity back.
30:52
So I went overseas, went to my home country, actually, took
30:56
my mom on a world trip before we got to Ecuador because
31:00
that was, I need to give back to the woman that birthed me
31:04
and the woman that has been my absolute hero and inspiration. So
31:07
firstly, I needed to spoil her. And then when we
31:10
got to Ecuador, I was like, okay, now I want to
31:13
give back and I want to sponsor my cousin to come to Australia. But
31:19
I didn't stop there. I was like, one's not enough. Why
31:22
don't we go for two? And last year
31:26
I committed to the process and I have
31:29
been able to sponsor two of my cousins to live in Australia. And
31:34
I can honestly tell you, it was because I had an
31:37
investment account that I could show proof and say
31:45
Amazing. You told me that in the car on the way here.
31:48
I didn't know that. And I was like, oh my God, like, had
31:52
you have not done those things that you did, you wouldn't have had the assets
31:57
to show the government that you can actually sponsor your
32:00
family. Man,
32:05
we should get out a crystal ball. Hey, Pam, there's two options.
32:09
You either make some changes and you get to sponsor your
32:13
family. And one day that's going to help you massive. I mean, imagine the impact
32:16
for them. Like, could you imagine the next 30 years
32:20
for them? What it's going to be like from that one
32:23
decision you made to help them because that one decision you made
32:27
to help yourself. I mean, it's just,
32:30
how do you even encapsulate that and
32:33
measure it? You can't even measure it, right? But one thing you definitely can
32:36
measure is you had the assets. You had the income, proof
32:41
of income. So you increase your income. You have proof of assets. You're building assets
32:44
for the future, not liabilities. You had the proof of paying off liabilities. You
32:48
know, so you've done all those things. I
32:52
was so pleased to hear that in the car. I was like, that's insanely good. Yeah.
32:56
And it's sometimes you forget, right? Because you're so in
32:59
the momentum of things that
33:03
I forgot, like I forgot to tell you. And it was.
33:17
And to me, success looks like giving back.
33:21
Yes. And you have to, you can't give from
33:24
an empty cup, can you? You have to, you fill your cup first.
33:28
And I like that about your story. They say these, you know, these
33:31
cliches and metaphors pop up, you know, like on the plane, put
33:35
your own oxygen mask on first before you place one on your children.
33:39
And I do feel that a lot of people do want to help people. They
33:42
do want to contribute. I mean, we are, we like to do that. I mean,
33:45
most people like to do that. And they're trying to do it from an
33:49
empty cup. Right. And I'm sure you were
33:52
trying to maybe do it from an empty cup too. Cause you said, you know, the thing you did with
33:55
your mom and to take her on that trip, that
33:59
must've been on your heart for a long time. And
34:03
trying to do that from an empty bank account. Very
34:08
And that makes me quite emotional because I remember
34:12
how I paid for the flight was from a partnership that I
34:16
did with one of, you know, another
34:19
one of your students. We did a mentorship, we did a partnership. We
34:23
ended up flying to Western Australia to do a presentation and
34:27
our presentation that they ended up paying us
34:30
$7,000 for. You know, obviously
34:35
Partnerships, that's how they work. That's amazing.
34:39
That, to be able to be like, you know what, this invoice is going to
34:43
go towards my mum's flight. That
34:49
Amazing. I never knew that it came from that partnership. So, because I remember you
34:52
and AJ. AJ is another one of our students and through
34:56
the process you get to learn and become
34:59
friends with the other students. And we do talk about partnerships, right?
35:03
It's also in the new book, Become Time Rich. And
35:06
you took that on board. But again, you're an action taker. So
35:10
you didn't just learn it, you and AJ put together a partnership because
35:13
you realized, hey, we can collaborate. He brings
35:16
in his greatness and cultural awareness and you bring in yours around mindset
35:22
and the therapy side of things too and
35:25
the psychology of the workplace and so forth. I
35:28
was so happy to see you guys form that partnership. I remember the call where
35:32
you were on and you said you were forming the collaboration and then you were doing the
35:35
event, but I didn't know. I didn't even know what you got paid for it actually. That's
35:38
amazing too. So you made three and a half grand yourself, bang, which
35:42
is great. This is outside your core business.
35:46
And then you used it to take your mom on a trip. Money
35:50
is so abundant. It's so available. You
35:57
Yeah, this is why I believe money is energy. I needed to raise
36:01
my vibration, I needed to become a better person and I needed to be
36:04
able to tell money that I was going to be responsible enough
36:09
Yeah. And here it is flowing straight to you. It's
36:13
amazing. Passive income, no debt, traveling,
36:17
business. I know now too, you've evolved that business from
36:21
where you first started with it. So, you know, you've gone
36:25
from one evolution to another and now you're in a position where you've effectively
36:31
Yes. So actually the beginning of this year, I decided to
36:35
move my business full-time telehealth and
36:41
Yeah. You've scaled your, your greatness, right? You
36:45
scaled your skills to better help people across the
36:48
country, um, inadvertently helping yourself to be able to
36:53
Yes. I had to realize that one of my biggest,
36:57
Things that I love to do is to travel and I had to figure out
37:08
And again, taking action. Yes. I
37:12
knew I had to do it. And then I gave myself three months
37:16
to do it. And now here we are. It's full time telehealth. And
37:21
I'm now helping people from Queensland, Sydney, Melbourne, you
37:24
know, ACT. And it's wonderful. It's wonderful to
37:28
be able to not limit myself to an
37:35
Yeah. Look at you serving all over the country. And,
37:38
uh, and that's not all you're doing. Cause you're building another, you know, you're doing some other things as
37:42
well with some coaching and you're building your own personal brand, which
37:45
you've begun to do. And you've got your own podcast and that's another big measurable
37:49
thing you did. You didn't have one of them and now you have your own podcast and
37:57
I think I'm up to my 30th episode, I think from memory. It's
38:00
been a little bit slow because I, I
38:05
Yes. And you've also written any writing books
38:09
and launching podcasts and building your brand. And
38:12
so, I mean, you've done that as well. I mean, you've just done so
38:15
much. You're really a. you're
38:20
a real model student of the lessons
38:23
in these books that you've taken and implemented.
38:27
And that's why you're in the latest one because you're just such a great example
38:31
of someone that can get a lesson and implement it to the point where it's just insanely great.
38:35
Like you've implemented so many things more than what I'd ever anticipate
38:38
someone doing in two and a half years, which is why we're sitting
38:41
in this year. And I wanted people to listen to this because you will inspire so many
38:45
people with your story. And so that
38:48
being said, with all that stuff you've done and
38:51
doing and continue to doing, I know you're wanting to make some other bold
38:55
lifestyle moves soon, but the fact that you're sponsoring your
38:58
family is such a big... win
39:02
you know like outside everything else for yourself like really big
39:05
win that's a huge legacy play um that uh
39:09
i'm so proud of you for making it so good so
39:12
let me ask you this then to wind things up for our audience now you've
39:16
been through this You've really been from the very beginning, like,
39:19
look at my bank account, I feel shame, and there's $1,000 in there,
39:23
to now sponsoring family, taking mom overseas, being
39:27
financially independent, having assets, passive income, being
39:33
free to serve without being in an office, so living a
39:36
time-rich life. So with that done now,
39:39
all that behind you, what would be some of the
39:42
advice you can give others? Like what is your wisdom you can impart to
39:48
Well, I think one of the things that I have also been
39:52
doing, which I haven't mentioned is part of me investing
39:56
in my personal development and my growth is so that I
39:59
can impart, give that to my clients. And
40:03
one of the things that I've seen a lot of the times
40:06
is the poor-money mindsets that people have, the
40:10
fact that they stay in jobs because they don't have a way out
40:14
because of financial limitations, the fact that they're burning
40:17
themselves to the ground because they don't think that because
40:22
they're living paycheck to paycheck, right? So that's what I'm seeing consistently
40:26
with my clients. And because of your teachings, I've been
40:29
able to take that and encourage them and support them
40:32
and help them to see that there is more. So
40:36
I not only have learned the principles for myself, but also
40:41
Yes, you can impart the things you've learnt. So you take it on, you take the
40:44
value on and it works and you implement it, you get the results and then you pass it on
40:48
which is what you've been doing. Excellent. So what you're saying to these
40:51
guys listening and watching is when you do that and live your best life,
40:57
Yes, but I think the best tip would be to work on
41:01
your money mindset. The way that you look at money
41:05
because one of the things that I didn't tell you was while
41:08
we were going through the mentorship is that I started to
41:12
avoid my money. Like the more money started to come in the
41:15
more I started to avoid it. I started to avoid my bank statements, I
41:18
started to avoid things And that's when I realized, and
41:22
it was when we did the Money, Mind and Money event that
41:25
I was like, oh, I have so much avoidance, where is this coming from?
41:30
And then I had the realization that I had
41:33
been telling myself, if I'm successful, I
41:37
won't have love. And
41:43
that breakthrough was like, oh, okay, well,
41:51
Yeah, because you wanted love. And you thought if you could be if
41:54
you're going to be successful, you couldn't get love. So why would you get
41:57
any success? Oh, you got that at
42:02
As our three day event we do as part of the program. And
42:07
Yeah. You got that from that, huh? That's when we did a date with
42:13
It's so good. It's so good. And that's why I keep going back to, you
42:17
need to work on the way that you look at money because
42:20
it all starts here. It all starts in your brain. And
42:24
then it's the behaviors that you implement, the actions,
42:28
the emotions attached to that. So if we can't
42:32
have a good belief around money, then it's always going to
42:36
Always. So you gotta cultivate your belief. And
42:42
Oh, that's a really good question. Build
42:48
Yes. Build evidence that
43:03
There you go, build evidence. And how do we take massive messy action?
43:06
What do we need first? What's the one thing we need? Starts with
43:12
Yes. Courage, competence, confidence,
43:17
which you exude now when it comes to your money. You're so poised. You're very,
43:21
you're not in a hurry. You're very thoughtful. You're
43:24
making cool moves to give back with the money. You've
43:27
got a great relationship with money now, because you know what it can do
43:30
when you wield it correctly. And as a result of that, you
43:44
And the best way you can find Pammy, if
43:48
you want to give some love, is what are the best? I want
43:51
people to be able to follow you and follow your journey. I
43:54
want them to follow your podcast. I want them to follow and read your book.
43:58
But I want them to, you know, follow your journey. You document it through your Instagram
44:01
and so forth. So what's the best way for people to follow Pam's journey?
44:06
So you can find me on Instagram, Pam underscore Espen. You
44:10
can follow my podcast, the Burnout Recovery Podcast, and
44:14
you can definitely access my free ebook on my Instagram and
44:19
Perfect. So follow Pammy on Instagram, follow her on LinkedIn, get
44:23
her stuff, stay on path with her, watch her fly.
44:26
She's going to go from strength to strength to strength to strength to strength. It's going to
44:29
be amazing to watch her. And I, you know, this is just really the beginning. I
44:32
know it's, you've done a lot, But in the last two and a half years,
44:36
you've done so much. Imagine the next two and a half years. Like
44:39
imagine the next 10. It's going to be so amazing. And
44:44
you've got so much to give. We're really just warming up. There's so
44:47
much in you that I can see evolving and you
44:52
building. And the impact you're going to have is going to be awesome, not just with your family, but
44:55
with many others. I can't wait to see it. So thanks so much for...
45:00
I know you got to catch a flight, so we're going to let you go and catch the flight. But
45:03
thanks so much for dropping into the studio, hanging out and doing this. I've
45:06
been wanting to do this for a long time. And Pammy is in the
45:09
book. So when you see Pam, you know now the
45:13
story behind the woman. And let's give her some encouragement. Follow
45:19
Thank you, Lloyd. Thank you so much for changing my life and changing my family's life.
45:23
You are welcome. Come on. All right. See you
45:27
guys soon. Hit the subscribe button. Go check us out. Share this with a friend. Hope
45:30
you've enjoyed the episode. See you guys soon. Thanks for listening to
45:33
Money Grows on Trees. If you enjoyed the episode, leave a five-star review
45:37
on Apple Podcasts and Spotify and subscribe to
45:40
us on YouTube so you never miss an episode. And if you're serious about building
45:43
wealth, make sure to check out the links in the show notes and follow me on
45:47
all social media platforms at LloydJamesRoss for