3 PILLARS OF FINANCIAL FREEDOM: PILLAR #3 – MASTER YOUR DEBT

25 Jun 2019 3 PILLARS OF FINANCIAL FREEDOM: PILLAR #3 – MASTER YOUR DEBT

Posted at 14:29h in Personal Wealth by superuser

How to master debt.

Know what is good debt and what is bad debt, and how you can use this to build your long term wealth.

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5.0

Based on 101 reviews

The Practice

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Patrick Braden

1734935606

So helpful with setting up home loans and helping me to refinance over the years. Special shout outs to Enana, Chris, and Craig for all of their wonderful help.

Avia Swan-Brown

1734560611

I’ve been working with Chris Reid and the team at The Practice for over 4 years now, they have provided excellent guidance, advice and support through two house purchases, a remortgage and a sale. They are friendly, helpful, responsive and efficient - I can’t recommend them more.

Julia Klancevic

1732084249

Zane Osborn

1732078281

From the moment I first connected with The Practice, they were professional, efficient and helpful. Our initial contact was with Craig and he as able to provide expert advice. Through the course of buying our property, Craig, along with an extra special effort from Liz, The Practice continued to exceed our expectations. There guidance and advice was highly valued. In addition to all their industry expertise, Liz, Craig and Enana were just really good people; kind, patient and respectful. I cannot thank the team enough. We are now the proud owners of our first property and this would not have been possible without The Practice. Thank you

1732066424

I cannot say enough good words for Liz and the team at The Practice. I have been a client for a few years now, and I am always treated with the upmost respect and understanding even when I am not so great at understanding alot of the financial stuff, its explained to me thoroughly and with respect so I know before I sign any documents. I don't have alot of trust in many people, but in Liz, I trust completely to help guide me to make the best decisions around my finances. She literally is the best at what she does and always makes sure her client and the clients needs are her priority. She is diligent in her work, super pleasant to deal with and you never have to chase her up, she is always on the ball to get things moving swiftly. I highly recommend Liz or anyone of the team to handle all your broker needs.

Melissa Powick

1731890437

Craig, Liz and the team are the best when it comes to refinancing and home loans. They make the complicated simple and easy! Liz is one of the nicest, friendly and competent people you could ever work with. I would have been lost without her. You can’t go past the service, advice and ease of the team to deal with. Well done everyone top work 👏🎉 I’ll be back!

Francis Hempel

1731452770

"I couldn't speak more highly of Kristian and the entire team at The Practice! Kristian has been exceptional, assisting with both personal and business brokerage needs. His expertise is top-notch, but what truly sets him apart is his outstanding communication—he’s always clear, responsive, and genuinely invested in making sure everything runs smoothly. I’m a huge fan of his work and couldn’t be more grateful for the consistent support I’ve received from the team. Highly recommend their services!"

Madeleine Griffin-Lucey

1730874063

It was recommended that we consult a mortgage broker when purchasing our first home. Chris and Enana provided exceptional assistance in helping us achieve our goal. Their outstanding communication and the excellent interest rate they secured for us made us immensely grateful to Chris and his team. As first-time homebuyers, we were unfamiliar with mortgage loans, but they patiently explained everything we needed to know in great detail.Thank you so much to Chris, Anana, and the entire team at the practice.

Oscar Trimboli

1730082912

Proactive, Professional, and ThoroughMatt anticipates and navigates the road ahead.He is always balancing the short and long term, with wealth generation and doing it in a tax effective way.What's unique about Matt - he listens - a rarity in his profession.He listens to both of us - he communicates in a jargon-free.The most important thing is that Matt knows the limits of his expertise and when he is not qualified to assist.On many occassions he has referred us to like minded professionals in the field of estate planning, mortgages, property and risk management and created a complete service.

Phoebe Braden

1729760254

Craig, Kristian and the whole team at the practice are so kind and easy to communicate with. They were efficient and so helpful when securing our home loan. We are so grateful for all of their support and encouragement

Kiera Brown

1729467983

I have recruited for this business for a number of years and can confirm how exceptional the staff are at The Practice. It is always a pleasure dealing with Matt; The Practice are true financial planning industry leaders.

Toni Courtney (Choco)

1726488116

Our journey with the Practice began in 2018. In that year I happened to be at a function where I met Jason Cunningham from the Practice. At one time our discussion turned to financial planning. As both my husband and I were approaching retirement we had no experience in financial matters or how we would approach retirement. Feeling a little apprehensive I briefly discussed our situation with Jason and asked him if the Practice took on income earners such as us. I was a little embarrassed that I had even the question with a response from Jason that completely made me feel confident to contact the Practice.Our first visit was with Matthew and a team member. What impressed us on that first visit was how they put us both at ease. They wanted to hear about our lives, family, friends, likes and dislikes, and even our pets. At that stage we didn't even know what our goals were. Matt and his team gave us the confidence to talk about our finances and any concerns we had. They came up with a plan, set our goals, and manage our finances. It’s now 2024 and look at us now! the Practice have guided us in the right direction with our finances, we now have a plan and goals. The review meetings give us the opportunity to meet on a one to one. We know we can move forward each year feeling comfortable and confident the Practice are managing and guiding us through our finances and retirement showing us the way forward. With their experience and caring about us we are in very capable hands. We are so very grateful to Matt and his team for all the hard work they have put in giving us advice and the confidence we need to achieve the things in life that are important to us. We look forward to our continual involvement with the Practice. Toni Courtney and Steve Hall

Johnathan Chu

1726456215

Amazing accountants extremely professional

E S

1726221895

Great experience with Kristian working on obtaining my first property. Provided information every step of the way, always happy to answer my questions. Timely and professional service. Highly recommended!

Grant Standfield

1726009228

I first met Matt when I was looking to set up a “transition to retirement” plan over 15 years ago. We (He) set up a plan which, over the next few years, maximised my superannuation balance. On retirement, the plan was revised to ensure I could live very comfortably for a long time. Matt is always on top of the unending legislative changes and ensures they are implemented to my advantage. My wife and I have no hesitation in recommending Matt and his team for all Superannuation and Retirement planning.

Chahine Raffoul

1725968950

Rob and his team of accountants have helped us grow our business for many years. Our family can’t thank them enough.

Chali Silwimba

1725951996

My partner and I had the pleasure of working with The Practice on two occasions, and both times we’ve received the best outcome possible for our finance. We’d like to give a special thanks to Chris, and Enana for her patience and ever-efficient communication at every stage of the process. They both made what could have been a stressful experience seamless and smooth. It’s been a great experience working with The Practice, and we highly recommend their services to anyone looking for finance solutions!

Sue Allen

1725944830

We were introduced to The Practice by relatives who highly recommend them. We have not been disappointed. Brad and his team have managed the financials of our ventures/investments for several years now. They are highly efficient and responsive and I would endorse them to anyone Australia wide!

Kate Fleet

1725924268

Craig and Elizabeth are fantastic to work with. They made our mortgage process easy and stress-free. They were quick to respond and always happy to help with our questions. We've been with Craig for over 10 years and highly recommend The Practice team without hesitation.

Lizand Andrews

1725857321

Thank you to The Practice and especially Matthew Morrison for your sound financial advice and guidance over many years. Our experience with The Practice has always been very positive. Their financial roadmap has enabled us to navigate the challenges of managing our retirement funds and aligns with our values and expectations.

Stella Babousouras

1725767750

The best accountant’s in Melbourne.

Vivienne Dang

1725582294

Elizabeth has made what could have been a stressful process remarkably easy and seamless. Her responsiveness was exceptional, and she consistently demonstrated a strong focus on finding the right solution for me as her client. Liz provided clear, thoughtful advice and was proactive in addressing any concerns or questions I had. Her expertise and commitment to excellent service truly set her apart, making her invaluable throughout the mortgage process.This is why I have been using The Practice for the last four years and have recommended Liz to my friends and relatives. Everyone who has worked with Liz (and Craig) has echoed the same high praise. I highly recommend their services to anyone in need of a dedicated and professional mortgage broker.VD

Francoise Chen

1725581712

When our fixed rate loan was due to expire, Elizabeth helped us with finding another bank provider who was able to give us a better rate to refinance to and even helped with revaluation of our home to be able to make a decision to invest in our future. The process was so seamless and Liz was responding to us after hours which was so helpful. Liz has gone above and beyond in her service for us and we are truly grateful. Highly recommend her services to anyone looking for a first loan or refinance.

Neville Bull

1725511537

Very valuable and professional advice. We joined several years ago and financially have never looked back. Twice annual reviews are informative and allow for input by us as well as giving an overall picture of our financial health, both big picture and detailed. Have recommended them to both friends and family.

Anthea Voigt

1725508427

Matt and his expert team are impressive to work with. We have been clients for many years. Always a timely response when needed, I highly recommend The Practice.

Steve Oemcke

1725401174

I recently used The Practice to refinance my home loans. Chris, Enana and the team were exceptional and I would thoroughly recommend them if you want to save some real money on your home loan.

Paul Asten

1725107369

Huge shout out to Chris, Enana. Matt, Cameron and the whole team at The Practice. We've been customers of The Practice for over 10 years and their professionalism, clear advice, and personal care make every interaction a pleasure.

Domonic Calderan

1724899344

The Practice have been amazing to work with over the last 12 years. In helping us secure my families financial future with the right super, insurance, loans, budgeting etc and keeping us on track to met our goals like investment properties & family holidays. Matt Morrison and the Wealth team, along with Craig Ridley and the Lending team have been extremely supportive & educating for me and my familiy in meeting our financail goals - basically removing all the stress. I highly recommend them to anyone looking for a professional & personable wealth management team that covers all bases.

First Point

1724844399

Last week we received an unexpected email, from our bank, that our mortgage had been reduced. The new payments were a huge saving per month and massive over a year. There was another email, from The Practice, who had acted on out behalf, and got our rate reduced. I had forgotten that they do an annual review, so it was a very nice surprise. It is very comforting to know someone is in our corner, to fight for a better rate. Huge thanks to Chris and the guys at The Practice, it is very nice to have you in our corner

Andy Hume

1724814382

Rob and his Team at The Practice are amazing, over the last 10 years they have completely turned our business around, I highly recommend them to anyone looking for a trust worthy and professional accounting firm.

Dylan de Britt

1724814236

Kane Coleman

1724799876

The Practice has supported me with personal superannuation and investment advice and strategies, financial planning and taxation matters for the last 10 years. The team is extremely professional and their personal, knowledgeable and thorough approach has provided me with great confidence in my financial plan. They make sure that my financial decisions are closely linked to my goals, lifestyle and values by taking the time to understand what's important to me. I recommend them highly as a financial advisor and partner.

Mike Smith

1724744210

My wife and I have been clients of The Practice for 25 years. They have been our tax agents, financial planners and loan brokers.They have assisted us with our personal finances and supported us in the running of our small business.Having the one company providing this support and advice in such a seamless manner has made life very easy for us and we are very happy with the results achieved.We are very grateful for their support all these years and highly recommend them.

Keith Allan

1724715823

We have been working with The Practice for over 16 years now and they have provided a steady hand and reliable support in ensuring we are on track with our yearly and future planning. Sage advice and constant updates to tweak our plan and ensure we making the right investments and setting things in motion to achieve our family goals. This has included financial planning, mortgage advice and planning, education funds, tax advice and planning as well as managing Super across two countries. I would recommend them to anyone looking to get financial plans and goals in place and work together to see them grow.

Wesley Allen

1724713437

The Practice have been my accountants for over 10 years and would not go anywhere else. Highly recommend them as good accountants are hard to find.

Joe Zucco

1724713048

As new business owner & client - the Team from The Practice have provided me with outstanding advice and service. I could not speak any higher of Matt and Rob. They have provided us clear instructions, set goals for the business and guided us to see our business have its best 6 months in its history. The best part is they are awesome to work with and make you feel comfortable every step of the way. I am looking forward to continuing to work with them for many years to come.ThanksJoe Z

Doreen D'Aspromonte

1724677567

Craig & Elizabeth were absolutely amazing. They were quick to take action on our loan and had everything done in a few days for the bank to approve. We both work long hours and everything was done via email and with prompt efficiency . Craig and the team made this all stress free for us and always took our calls when we had questions. I highly recommend Craig & Elizabeth to my friends and family. The practice team are the best !

Brenda Stewart

1724662100

The Practice has been managing my Investments for some years now and I am more than happy with them. I have always been well informed with how my Investments are performing and any queries I have are always answered promptly. I look forward to my yearly meetings to discuss how my Investments is performing and if I would like any changes to be made. I highly recommend The Practice.

Milo Rasinac

1724649367

We have had a fantastic experience with Rob and Matt and the team at The Practice.Always available when needed, forever making us feel like they have our best interests at heart. Very approachable and easy to work with. We have total faith and trust with the team at the Practice and will highly recommend them to anybody that requires assistance in financial planning and tax. Our business has benefited greatly with Rob, Matt and the teams support and direction.

Doug Gibson

1724645323

We met Matt Morrison, from The Practice through our former Tax Accountant, who suggested Wealth Management was an important step for us to take.Matt has been our Advisor since 2012 and we have been extremely happy with his advice. He listens to and understands our goals and aspirations and has developed a portfolio that has allowed us to reach our financial objectives.We feel our future has been well planned and orchestrated and are now secure and enjoying the retirement phase of our life.He has proven to be professional, reliable, dependable, and genuine and we recommend Matt and his Team for developing a road map to achieve personal goals.

Chrissi Alexander

1724636480

My husband and I have been using The Practice for financial planning advice for several years and we have always found them to be professional, transparent and trustworthy. Their advice has been sound and supported by researched data. We would not hesitate to recommend them.

John Attlesey

1724389209

We have been clients of The Practice for several years now.Quite early on we realised that their client/results based focus was exactly what we had been seeking over the years, but had never found with other financial planners.Providing us with advice about topic we would be unable to research in so much detail ourselves, and giving informed feedback on our own plans and ideas gave us so much peace of mind.We would have no hesitation in recommending Matt Morrison.

Bob Davies

1724370388

Have used the Practice for many years. Excellent service from all staff members. Always very helpful on any subject. We believe the results could not have been any better. Would not have any hesitation in recommending them to any new clients

Ralph Richardson

1724327034

We have relied on the team at The Practice since early 2019. During this time, they have carefully guided us through the challenges of global financial volatility and delivered continued growth of our retirement wealth, securing our ongoing lifestyle.Ralph and Karen Richardson

Kate LoPresti

1724315980

Matt and the team take the time to work through our financial situation and goals as well understanding what is important to us as a family. Helping us plan for the future whilst enjoying the present! Thanks Matt

Steve Russell

1724311198

Great people who always go the extra distance to ensure we are fully informed, understand the options and comfortable with the information and services provided.

Chris M

1724290750

We were initially apprehensive about getting financial advice after a family member lost money with poor advice from another company. We contacted the Practice in 2014 while we were living overseas and Matt Morrison was very honest about the limitations of what he could do, over & above what we were already doing, while we were non-tax residents of Australia. This honesty brought us back to The Practice in 2016 after returning to Australia. Matt is extremely professional and knowledgeable, and he is a genuine and caring person. I contacted him when I was being made redundant with a view to retirement. He spent a lot of time going through the numbers with me....again. As always, it was a very reassuring conversation.Aaron provides us with tax advice and does our tax returns. He is always very helpful and extremely responsive. We constantly feel as though we are in extremely safe hands with The Practice.

Paul Manning

1724283586

We came to The Practice almost 6 years ago after a recommendation from a friend who told us about a bloke who approached financial planning a different way. After meeting Matt for the first time it was clear that his approach was different. Human and far different to the other planners we had met in our quest to get financially prepared for the future. Matt spoke to us about our goals and objectives. Gave us scenarios and showed us what the future looks like under each. The money part seemed to then fit into that not the other way around. Fast forward to now and we are in our long term home, have an investment property under our belt, and a baby that fills our hearts. We’re not penny pinching and have a clear direction on where we’re heading and how our finances can help to get us there.

Colleen Stavrakis

1724233842

Our journey with The Practice has been nothing but respectful, positive, and life changing. We went from having plans with no idea on how to achieve them, to having goals.the sense of security, and a plan on how to achieve them financially. We almost feel like family..they have seen our children grow from primary school to adulthood, and supported our family choices from the beginning. We have always felt comfortable to express our dreams and goals, no matter how challenging they may be! So grateful to have connected... recommend to me by Nancy at HM. Group

Nicola Hofmaier

1724221824

We recently refinanced our mortgage with Liz, and we couldn’t be happier with the experience. Liz was incredibly prompt throughout the entire process, making sure everything moved along smoothly without any delays. Her communication skills are exceptional; she kept us informed every step of the way and was always available to answer any questions we had. On top of that, Liz made the entire process so easy and stress-free. We felt completely at ease knowing we were in such capable hands. Highly recommend her services!

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