About Us
Information Pack
| 7 THINGS WE MUST KNOW IF WE WISH TO SURVIVE… LET ALONE SUCCEED!
(Many in the finance industry and government would prefer you didn't know this) |
| DID YOU KNOW? |
| 1. WE ARE LIVING IN A STATE OF POSTPONED POVERTY |
| As a nation we are "living on borrowed time". Senior economists and numerous studies and statistics are showing that as a nation we have a huge problem! |
| Studies show that the average Australian is spending over 110% of what they earn every year! |
| Sadly this is not because we are irresponsible, it is simply that we are getting caught in a trap. |
| This has now become an epidemic in Australia. |
| The chart opposite was published in The Australian Financial Review (28th March 2004.) Put simply, this chart shows that, as a nation, households in general had a little bit of money left over (ie: disposable income) during the 1980's and early part of the 1990's. |  |
| You will notice the disturbing trend of an increase in overspending. By the year 2000 households were overspending so much that the graphed line moves into negative territory. The emphasis of the chart is that the average Australian is now increasing their debt and eating into the equity of their home in order to refinance and support their living and lifestyle. Some people may think this is manageable because the value of their house is increasing at the same time. |
| However, the problem is that we are increasing our debt every few years and at some stage we will have to come to account. Older generations will often point an accusing finger and say that younger people are being irresponsible and living beyond their means. This is not necessarily true, however it IS getting harder and harder to survive, let alone succeed in our modern complex times! |
| 2. YOUR SUPERANNUATION IS NOT GOING TO BE ENOUGH TO LIVE ON |
| A happy, healthy and financially secure retirement should be our birthright for all hard working Australians! We are led to believe that our superannuation and increased property values will look after us in retirement. |
| Nothing could be further from the truth! |
| Superannuation giant AMP released a report recently that found that 70% of people now aged 50-69 earn or will earn less than $320 per week in retirement! The superannuation guarantee levy (9%) will only provide about a quarter of what people need in retirement! The problem is that we don't realise just how much money we will need to survive and live with a reasonable degree of comfort. |
| A further report also indicates that up to 40% of current superannuation savings are being used to payout debt at the time of retirement and that the average superannuation fund will only last approximately 2-3 years! |
| THERE WILL NOT BE A PENSION! |
| It is an absolute economic impossibility to maintain the retirement pension scheme as we know it in Australia today. When this was released in 1909 it represented over 60% of the average wage - this meant that there was not going to be much of a reduction in lifestyle when a person retired and went on the pension. (By the way the life expectancy of an Australian male in 1909 was 58!) |
| Nowadays the pension represents only 20% of the average Australian wage! Current generations simply find it too hard to adjust to this massive change in lifestyle- in fact we could not even survive. Worse still, the pension will soon be abolished. Already we can see information and media releases that are trying to soften us up for this event. Not so long ago it was even suggested by the Treasurer Mr Costello and Prime Minister Mr Howard that Australians should keep working until the age of 70! |
| Recently, a report released by BIS Schrapnel showed that the required income for a retired couple with no debt would need to be approximately $43,000 per year in today's dollar value. The problem is that in 10, 20, 30 years time this $43,000 equates to well over $100,000 at the time of retirement. The superannuation nest egg that we are building now simply will not last for the length of retirement. |
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3. YOU WILL EARN A FORTUNE! But you won't get to keep it! |
| Did you realise that over your working life you will possibly have earned millions of dollars! The problem is that living expenses are extremely high and they will only increase in the future! |
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| Have you ever considered that this enormous increase in costs may happen again over the next 30 years? It is almost beyond belief isn't it?! However, the fact is, that it could easily happen and is even highly likely! It is essential that the everyday Australian learns how to get money working for us instead of against us in these modern complex times! |
| 4. GOOD NEWS! YOU CAN REDUCE DEBT QUICKLY! |
| There have been many banking loan products, line of credit products, offset accounts and "so-called" mortgage reduction schemes around in the last few years. Very few people ever manage to make these things work and, in most cases, they have been a complete disaster! |
| The banks make a profit every they lend money. It is therefore in their best interest to keep you in debt as long as possible. No-one ever, ever, ever lends us money to help us! (Maybe except your family!) |
| Banks only lend us money because they are going to make an extraordinary profit from it! |
| Is there a way out? |
| The good news is YES! There is now available (only to those who know the secret) a very simple yet effective two stage process that can reduce and eliminate debts very quickly. It is perfectly legitimate - the banks are well aware that it can be done but it is just not in their interests to tell you - is it?! |
| Interest free loans? What a funny joke! There is absolutely no such thing. No-one will ever lend us money interest free. In the case of so-called "interest free" loans, the interest is simply paid by the retailer for the "interest free" period, until it expires and we start paying- and boy do we pay! This is one of the biggest scams of the 21st century! Would you like to know how these things really work and how to really benefit from this? |
| 5. BUDGETS NEVER WORK! |
| How many times have you been told by so-called financial experts, commentators on TV, newspapers and magazines that we must work to a budget! It has been proven beyond all doubt that we, as Australians, hate budgeting! Budgeting is not easy. People have tried software programs, manual systems and all sorts of different variations in an attempt to measure and control what happens to their money. |
| The problem is, none of it seems to work in the long term. We all approach it very enthusiastically for a few weeks but then something comes up, our circumstances change and our well-laid plans seem to fall apart! In fact, it's a bit like dieting isn't it? Simple in theory, but difficult in practice! |
| Well, it's the same with our money. Detailed, carefully planned budgets work for a few people. For the rest of us, it is simply not fun! We don't have the time, energy or desire to budget. Let's face it, if you had a choice on a Friday night of sitting back watching a movie or spending a couple of hours carefully analysing your budget - which would you prefer? |
| Is there a solution to this? |
| YES! |
| Recent studies and developments have proved that you don't need to budget! Allow Crown to teach you how to manage your money according to a simple but very effective method. This process will eliminate the stress and money worries that most Australians are inflicted with today. |
| 6. INVESTMENTS - TRUE WEALTH CREATION… OR ARE YOU SIMPLY GETTING RIPPED OFF! |
| Many Australians are attempting to create wealth and provide for retirement by way of investment. The national favourite for many years has been property, although shares, managed funds and property trusts are also popular nowadays. |
| However, for many people investing has not and does not work effectively! There are all sorts of schemes, scams and traps out there for the unwary investor because everybody will be happy to sell you something and take your money! Not to mention that the banks will be more than happy to lend you the money to do it. |
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| Some of these investments will work well but some won't. How do you know what is right for you and whether your investments are really working? Many people who are attempting to invest nowadays are finding that their personal finances are unravelling. Australia-wide, Credit Card and consumer debt are increasing. What's the point of investing when things are unravelling at the other end?! |
| Investing in property or shares does not guarantee future wealth! |
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But here's the good news! Investing can create wealth if it is done carefully and wisely. You need to know why you're doing it and understand exactly how it's working for you. Projection tools and software can show you exactly how an investment would or is working for you. |
| 7. CHILDREN, YOUNG PEOPLE AND MONEY |
We all want the best for our children. A great effort goes into providing a quality education so that they can succeed in life. But is it enough? Essential money skills are what our young people desperately need to avoid the traps waiting in the "real world". Ask yourself these questions - do you want your children to be:
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| Or do you want to give them the fundamental, essential money skills in order that they can be happy, successful and truly prosperous? No education is complete without these skills! We need to empower our young people so they don't fall victim to the financial sharks. |
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Young people have many decisions to make in life - education, career, life partners, etc. These are some very important choices! And yet there is one thing they will have no choice about - they will all need to be able to manage and control their money. No-one else will do this for them. We either control our money or it will control us. It is not enough to give our young people an education to get a job. It is essential that they learn the skills of managing money, controlling debt and understanding their finances. |
| The newspapers are full of articles telling us how our teenagers and young adults are in serious trouble with crippling debt from credit cards, mobile phones, car loans, higher education fees and more. Credit providers will give our young people money without any real concern as to whether they can afford to live with that debt. There is a whole industry out there trying to get them hooked into the credit trap! Debt is fast becoming the main cause of family and relationship breakdowns in Australia. Tragically our young people are starting out in life full of confidence and enthusiasm only to find themselves becoming slaves to their job and trapped in debt. |
| Financial education is the only solution. |
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But here's the good news! Recently, a number of courses and programs have been developed to address this gap in education. These courses will shortly be available in schools, universities and made available to parents and teachers. This type of education is vital. Our young people simply must have these skills! |
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WHY IS THIS SO DESPERATELY NEEDED? ARE WE IN CONTROL? |
| "Money is not everything… but it does rank somewhere between water and oxygen!" |
Today in Australia the vast majority of people are -
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| Debt & Money |
| Modern society runs on borrowed money. There is nothing wrong with that- in fact, our whole economy relies upon it. Having said that, have you ever noticed that a wealthy person can borrow money and get wealthier, yet a poor person borrows money and gets poorer? Why is this so? |
| The same rules apply to everyone. There are very few favours when it comes to taking out loans. Most providers offer the same interest rates, same fees and charges and the same conditions. So why is it hard for some and easy for others? No, it is not always the level of income. In my experience, many people on higher incomes seem to struggle just as much, or even more so than those on average or modest incomes. |
| So, what is the problem? |
| Can we live and retire with comfort and financial security? |
| Thousands of success and wealth seminars are attended, millions of books purchased and read, tapes and videos are listened to and watched and yet still only 5% of the population are financially self supporting at the age of 65. |
| Long term Credit Card and consumer debt in Australia have blown out to over $80 billion! Personal bankruptcies have quadrupled and business bankruptcies have doubled over the last 8 years. This has happened in spite of the fact that we are now more knowledgeable and educated on these matters than ever before. |
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IS THERE A BETTER WAY? Is there a solution? |
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The answer is YES! (If you know how) |
| At last! A system so simple yet so powerful that almost everyone can achieve remarkable results!
Don't be a victim - be a winner! |
| HOW CAN THE CROWN MONEY MANAGEMENT PROGRAM HELP? |
Developed over a period of 6 years, the Crown Money Management Program uses a proven framework money management system that looks at the whole picture - this is critically important. How much you:
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Imagine…
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| Crown's Money Management Program is Unique… It offers a program and service that helps you manage your finances - not just your business accounts or investments, but a complete money management system, taking into consideration your home and family situation. |
| The Crown Money Management Program IS NOT a magic wealth creation method, does not require you to win Lotto or even earn more money. |
| The Crown Money Management Program IS about learning basic techniques to make your hard-earned dollar work harder for you, and providing the peace of mind and quality of life that you deserve. |
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WHAT DOES THE CROWN MONEY MANAGEMENT PROGRAM DO? |
| 7 FINANCIAL ESSENTIALS THAT NO-ONE CAN AFFORD TO LIVE WITHOUT |
| 1. Proven Money Management System A comprehensive program including money management, educational courses, financial forecasting and more. Coaching and personalised service helps people achieve far greater results. The system is based on the fundamental principle that effective money management is the basis of wealth creation. |
| 2. Reduce Debt Quickly This is truly amazing - a proven technique of rapidly increasing equity in property based on a 2 stage debt reduction strategy. This works far more quickly than other methods currently promoted. |
| 3. Accelerate Security & Wealth Financial safety and security is developed through rapidly building equity. The opportunity for further investment is also available, if required. |
| 4. Maintaining Quality of life today Maintaining your quality of life is crucial. Crown's investment plans are developed with a balanced approach, making sure that your financial situation, and especially your lifestyle, is managed correctly. |
| 5. Having a Plan and a Goal This is possibly the most appreciated aspect of Crown's Money Management Program. You will always know exactly how long it will take to build sufficient equity in your property, when to purchase further assets or investments and how much income you will need. Crown provides a highly accurate and detailed financial forecast showing exactly how hard your money is working. These forecasts are adjusted on a continual basis to ensure they reflect current circumstances so you always know exactly where you are at. |
| 6. Daily Money Management Crown's Premium Account is a simple, yet powerful budgeting system that really does work. |
| 7. Financial Forecasting & Investment Cashflow Analysis As part of their program, Crown offers a very thorough investment cashflow analysis showing you very accurately how your particular investment(s) is/are performing. Crown will then use this data to form part of your financial forecast, showing you how your investments will perform in the long run. |
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| WHAT OUR CLIENTS SAY ABOUT OUR SERVICE: |
| "Two years ago I had a half share in an old house in High Wycombe. I then went on to the Money Management Program and it really sorted things out for me. I now have two investments, my loan is rapidly reducing (entirely from the rental income now) and my money matters are well planned and organised. It's just nice to know where I am heading. By the way I earn an average income as a police officer. This is fantastic" |
| B. Tomlinson - Rivervale |
| "We have seen our loan reduce from $95,000 to $77,000 over the first 11 months. After 10 months on the program we have been able to purchase an investment property. We are convinced that if we stick to the program we will have guaranteed results. We have confidently referred two of our personal friends onto the Money Management Program and they, like us, are very happy with the very professional service provided." |
| P. Sirolli - Victoria Park |
| "We would like to take this opportunity to thank you for your support over the last 2 years, and that of your team who have been on hand for our every query. Your program has been very successful and it has worked extremely well with our changing lifestyle. Our family has grown and so too has our understanding about generating wealth. Even with one income slowing down, with the birth of our son Nick, your program's strategies have remained constant and have seen us stick to a steady path and we are still on target to achieving our goals. What we have learnt from the program and through your monitoring has formed great financial habits which have set us on the right financial path for life. Once again, thank you and all at Crown." |
| G. Walker - Landsdale |
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